2025 Spring Statement
Discussion
So it's not a budget, definitely not, and with everything going swimmingly, what will we be treated to?
A so far uncosted £5bn of welfare cuts, see 15.29 here https://www.bbc.co.uk/news/live/c0jqjl9vg47t
The potential for a continued freeze of income tax thresholds beyond 2028, which she wimped out of 6 months ago
https://www.bbc.co.uk/news/articles/c79npj3eqdlo
What other treats do we have in store now we all appear to have council tax rises https://www.pistonheads.com/gassing/topic.asp?h=0&...
Utility bills are up again, we know national insurance is up for employers and stamp duty reductions are due to end.
https://news.sky.com/story/stamp-duty-rules-are-ch...
Is there any sign of a reprieve from this absolute onslaught? Any rabbits from hats? Or do we all just work to pay the train drivers now?
A so far uncosted £5bn of welfare cuts, see 15.29 here https://www.bbc.co.uk/news/live/c0jqjl9vg47t
The potential for a continued freeze of income tax thresholds beyond 2028, which she wimped out of 6 months ago
https://www.bbc.co.uk/news/articles/c79npj3eqdlo
What other treats do we have in store now we all appear to have council tax rises https://www.pistonheads.com/gassing/topic.asp?h=0&...
Utility bills are up again, we know national insurance is up for employers and stamp duty reductions are due to end.
https://news.sky.com/story/stamp-duty-rules-are-ch...
Is there any sign of a reprieve from this absolute onslaught? Any rabbits from hats? Or do we all just work to pay the train drivers now?
Earthdweller said:
My understanding , though happy to be corrected, is that if it's not a budget then they can't put taxes up, only fiddle while Rome burns as it were
They can do what they want. But following protocol would imply certain restrictions. They're not mandatory conditions but if they're broken the media would go mad.Somehow, she has to fund Trump’s peace dividend.
Replacing Civil Servants with AI trying to recover the pre-pandemic 8% loss of productivity.
Keep NHS staff sweet while doing nothing to recover the pre-pandemic 19% loss of productivity
https://www.reuters.com/world/uk/uk-public-sector-...
Replacing Civil Servants with AI trying to recover the pre-pandemic 8% loss of productivity.
Keep NHS staff sweet while doing nothing to recover the pre-pandemic 19% loss of productivity
https://www.reuters.com/world/uk/uk-public-sector-...
"I'm afraid there is no money" has never been so accurate. No rabbits, no hats.
This parliament started with national debt at around 100% of GDP, the highest tax burden in 70 years (aside from voting winning bribe of a cut late in the last one), a war in Europe & QE causing huge inflation, a failing public sector and crumbling infrastructure.
There isn't a simple solution that will allow a .25% base rate, 15% VAT, a Bobby on every street corner and a hospital bed each, certainly not with the real possibility of WW3
This parliament started with national debt at around 100% of GDP, the highest tax burden in 70 years (aside from voting winning bribe of a cut late in the last one), a war in Europe & QE causing huge inflation, a failing public sector and crumbling infrastructure.
There isn't a simple solution that will allow a .25% base rate, 15% VAT, a Bobby on every street corner and a hospital bed each, certainly not with the real possibility of WW3
No "tax and spend", Reeves says. Wonder what will be drip fed out in tomorrow's papers.
https://www.bbc.co.uk/news/articles/c78eg7dp9ypo
https://www.bbc.co.uk/news/articles/c78eg7dp9ypo
OK so the worst kept secret is a cost redux across Whitehall.
https://www.bbc.co.uk/news/articles/cy5nzy403l0o
https://www.bbc.co.uk/news/articles/cy5nzy403l0o
macron said:
OK so the worst kept secret is a cost redux across Whitehall.
https://www.bbc.co.uk/news/articles/cy5nzy403l0o
An excellent idea. But as I doubt the civil servants will work any harder it will likely lead to a reduction with the quality of services. I've noticed HMRC going even further downhill recently.https://www.bbc.co.uk/news/articles/cy5nzy403l0o
Still a mere billion quid short apparently.
https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
macron said:
Still a mere billion quid short apparently.
https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
One billion is a rounding error when talking about government finances.https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
Rufus Stone said:
macron said:
Still a mere billion quid short apparently.
https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
One billion is a rounding error when talking about government finances.https://www.bbc.co.uk/news/live/crmj0zxk7wyt
not going well this one, is it?
Where is the £500 better off for working families the OBR calculated coming from? No changes the chancellor has made will put more money in peoples pockets (government doesn't pay the "living wage" - private companies do and they get it from their customers ergo every working person). Wages may be rising higher than inflation but mainly just public sector ones - with the increase in national insurance to non-protected jobs that will be funded by less jobs and lower wage increases.
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