Do you want to discuss boring politics? (38 Viewers)

CCFCSteve

Well-Known Member
Kemi is smoking Reeves, I quite like listening to her as leader of the opposition. It’s just a great shame that the Tory party is a damaged brand.

She’s improved to be fair. Damaged brand though as you say and not a huge amount of talent alongside her either, although that’s not stopped Reforms rise (or Greens for that matter)
 

chiefdave

Well-Known Member
Budget pretty much as expected

Yep, not too much in there really that was unexpected or anything really too controversial.

Badenoch looks ridiculous making her response and demanding resignations. I know we've got a pretty low bar for quality of MPs across all parties but surely they can find someone better than her.

The freezing of the tax bands is an annoyance but nothing new. Changes to pension relief probably more a startling headline than any significant impact in what's in my pay every month.

Not too sure about forcing people to use investment ISAs although the conventional wisdom is that over the long term they give a better return. Suspect there are many cautious savers who won't welcome that change.
 

duffer

Well-Known Member
Kemi is smoking Reeves, I quite like listening to her as leader of the opposition. It’s just a great shame that the Tory party is a damaged brand.

Someone is smoking something, that's for sure. Kemi is a smirking clown who relies on repetitive culture wars rather than intelligent argument. The Tories were damaged by their own incompetence and corruption, and last I recall she was right at the heart of that.

She pretty much gets her arse handed to her at every PMQs, by Starmer of all people!
 

Mucca Mad Boys

Well-Known Member
And until the HRA was codified, where were human rights in English Common Law let alone "ancient traditions"? They weren't. Aren't you shooting down your own argument here, you were claiming ancient traditions would suffice, now you've shifted to the HRA.

Basically, it seems to me you're saying you're in favour of human rights being enshrined in law, just not for all humans.
Which rights in the ECHR did the UK not have before 1997?

Of course you’d talk about the HRA an ECHR. The ECHR isn’t the law, the HRA is…
 

Mucca Mad Boys

Well-Known Member
She’s improved to be fair. Damaged brand though as you say and not a huge amount of talent alongside her either, although that’s not stopped Reforms rise (or Greens for that matter)
I do think the Tories and Reform should drop the internecine warfare. It could come back to bite both of them over time.
 

CCFCSteve

Well-Known Member
Yep, not too much in there really that was unexpected or anything really too controversial.

Badenoch looks ridiculous making her response and demanding resignations. I know we've got a pretty low bar for quality of MPs across all parties but surely they can find someone better than her.

The freezing of the tax bands is an annoyance but nothing new. Changes to pension relief probably more a startling headline than any significant impact in what's in my pay every month.

Not too sure about forcing people to use investment ISAs although the conventional wisdom is that over the long term they give a better return. Suspect there are many cautious savers who won't welcome that change.

Markets are happy enough as she built in more headroom although a lot of the stuff backloaded. I genuinely believe if Reeves had bitten the bullet, increased income tax and shown a semblance of control on welfare increases, rather than backloading numerous tax increases, borrowing costs would’ve dropped and given her more to spend in future. Heard people say before take the tough calls in the first two budgets, get some growth and then can ease off and have more to play with later in the parliament.

The government could do with some luck when it comes to growth but im not sure they’ll get it as there doesn’t seem much in the budget to really drive it
 

Sky Blue Pete

Well-Known Member
Markets are happy enough as she built in more headroom although a lot of this is backloaded. I genuinely believe if Reeves had bitten the bullet, increased income tax and shown a semblance of control on welfare increases, rather than backloading numerous tax increases, borrowing costs would’ve dropped and given her more to spend in future. Heard people say before take the tough calls in the first two budgets, get some growth and then can ease off and have more to play with later in the parliament.

The government could do with some luck when it comes to growth but im not sure they’ll get it as there doesn’t seem much in there to really drive it
Surely the British spirit will be enough
 

rob9872

Well-Known Member
Have I missed it - is there any good news at all in this budget for the people who actually work in this country ?
£50k really isn't a lot of money these days and yet again no raise in that or the lower threshold, even more fiscal drag.
 

chiefdave

Well-Known Member
How come the media haven’t been all over the winter fuel allowance being sent to everyone this year
Or in my Mums case, sent twice. Fuck knows how they've managed that.

Getting hold of an actual person to reverse that seems near impossible. Tempted to tell her to leave it in the bank and wait for them to ask for it after a couple of hours on hold.
 

CCFCSteve

Well-Known Member
Have I missed it - is there any good news at all in this budget for the people who actually work in this country ?

If you’ve got four kids you’ll get a bit more

Edit - just seen they’re reducing energy bills by £150 per annum by removing some levees as well
 
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Sky Blue Pete

Well-Known Member
Or in my Mums case, sent twice. Fuck knows how they've managed that.

Getting hold of an actual person to reverse that seems near impossible. Tempted to tell her to leave it in the bank and wait for them to ask for it after a couple of hours on hold.
Dwp don’t seem to give a shit
Mums attendance allowance was sent to an incorrect account (our fault) but they didn’t do anything about getting it back from the person they sent it to even though nationwide would have worked with them to have identified the account etc
 

Mucca Mad Boys

Well-Known Member
Unfortunately earning £50k and having £50k are worlds apart. If I had it spare you'd be welcome to it!
Freezing taxholds is toxic. The 40% tax band was originally impacting a small % of taxpayers and by 28/29, it'll be 19-20% of taxpayers. For graduates like myself, there will be a proportion of my income taxed at 60% or so. The simultaneous clampdown on salary sacrifice schemes will have negative impacts on pension savings, taxpayers and employers because NI gets levied on a proportion of pension contributions.

This government is disaster, just raise income tax % instead all of these horrible taxes.
 

PVA

Well-Known Member
Someone is smoking something, that's for sure. Kemi is a smirking clown who relies on repetitive culture wars rather than intelligent argument. The Tories were damaged by their own incompetence and corruption, and last I recall she was right at the heart of that.

She pretty much gets her arse handed to her at every PMQs, by Starmer of all people!

Yep Badenoch is absolutely atrocious.
 

chiefdave

Well-Known Member
Not sure how people are struggling on 50k tbh.
Whenever its budget time you get various news sources doing their 'how typical people will be impacted' type pieces. I've already seen one for a couple earning over £100K. Seems way out of touch with the average person struggling to pay their bills.
 

eastwoodsdustman

Well-Known Member
Freezing taxholds is toxic. The 40% tax band was originally impacting a small % of taxpayers and by 28/29, it'll be 19-20% of taxpayers. For graduates like myself, there will be a proportion of my income taxed at 60% or so. The simultaneous clampdown on salary sacrifice schemes will have negative impacts on pension savings, taxpayers and employers because NI gets levied on a proportion of pension contributions.

This government is disaster, just raise income tax % instead all of these horrible taxes.
She's saving that one for next time!
 

Marty

Well-Known Member
Whenever its budget time you get various news sources doing their 'how typical people will be impacted' type pieces. I've already seen one for a couple earning over £100K. Seems way out of touch with the average person struggling to pay their bills.

If you've got a massive mortgage and financed up to the eye balls with car payments then you'll have problems no matter how much you earn.
 

Mucca Mad Boys

Well-Known Member
She's saving that one for next time!
The OBR reckons welfare spending will be up £73.2bn (£34bn pension, £20bn disability) over the next 5 years... That isn't sustainable, will require further tax hikes and all that reality will catch up to them or the next government.
 

PVA

Well-Known Member
Net £3.3k pm. If you’ve got a couple of kids so 3-4 bed house, I can see how people could struggle. Where they live in the country will have a big bearing as well

Depends on the definition of struggling, but if you have a couple of kids in childcare it soon eats into your income. Then add on mortgage and bills, car etc and there’s probably not a lot left.


We had my 2 kids in nursery and the bill was £900 a month and that was only for 3 days a week!! Obscene.


Thankfully my eldest has just started school so that’s a nice big saving.
 

skybluejelly

Well-Known Member
The thing that really gripes me is the continual mantra about growing the economy, when small businesses are on their knees , the minimum wage has gone up 50% since Covid , add to that national insurance and pension contributions, I am amazed anyone is starting a new buisness, It is no wonder pubs and restaurants are closing at record rates the amount of products they have to sell to just break even is insane
 

chiefdave

Well-Known Member
If you've got a massive mortgage and financed up to the eye balls with car payments then you'll have problems no matter how much you earn.
Complain you can't afford to live in your mansion and drive your fleet of Range Rovers while telling other people they'd be fine if they cancelled Netflix!
 

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