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[Other Sport] *** 2024 Autumn Budget Official Thread ***
- Thread starter Leekbrookgull
- Start date
No, that was Keir Starmer.
Stupid boyNo, that was Keir Starmer.
I'm not sure that's going to save her from the mauling about to happen.
ROSM
Well-known member
He was sat next to reeves. As chief secretary of the treasury he co authored the budget. Actually thought he handled himself well and paul johnson from the ifs did accept his point on reserves
LamieRobertson
Not awoke
How nice
She could whisper her thoughts into my ear, I'd not be listening.
Well Labour have truly screwed those looking for work ( of which there are quite a lot of IT workers made redundant ). Two employers I was speaking to about a new role in their organisations had put the hiring process on hold until the budget - unsurprisingly BOTH today have now come back and said they no longer plan to create the new roles. Thank you Reeves !!!!!
Edit - and the daft thing is that I would have paid far more income tax if I got either role than the extra she has added to ENIC. Stupid.
Edit - and the daft thing is that I would have paid far more income tax if I got either role than the extra she has added to ENIC. Stupid.
Weststander
Well-known member
I used to attend tax updates where the renowned speaker explained that Gordon Brown was behind all the incorporations from unincorporated’s. Because tax compliance is far better and HMRC’s ability to see fraud (long before ixbrl which helps too).
- Jul 27, 2024
- 647
NY Times all day long. Best £3 a month I spend.
ROSM
Well-known member
Can't help thinking that Dame Laura Trott would do a better job than Laura Trott MP
Weststander
Well-known member
She likes riding.
LamieRobertson
Not awoke
I remember Brown making it zero corporation tax for the first ten k of net profit ..with the personal allowance at 4500? …you could earn a fair bit (back then) with zero tax (no tax on div) ..year later because so many one man bands went Ltd …he made it 10% …some of the advantages have been steadily eroded
hart's shirt
Well-known member
As an outsider who hasn't lived in the UK for 16 of the last 20 years and isn't planning on doing so for much longer, this is it.
Conservatives delivered Brexit.
Labour ignore Brexit.
Lib Dems aren't prioritizing Brexit.
At the risk of a rather simplistic analogy, if you've realised that you've turned down the wrong road, do you:
a. Admit that you've made a mistake and reverse the direction, albeit with some temporary embarrassment, inconvenience and time lost?
b. Continue to drive down the wrong road choosing the hope of circumstances improving despite all evidence to the contrary over correcting a mistake?
IMHO it continues to be the greatest single act of self-sabotage in the nation's recent history. Why pretend otherwise? Change it now or suffer longer.
Political party popularity should never be more important than a country's welfare.
Pavilionaire
Well-known member
- Jul 7, 2003
- 31,278
The young are getting higher National Minimum Wage / apprentice wages but it is clear big business has been hit by these costs and extra Employer's NI costs. The worry is this will fuel inflation and leave less profit to fund future wage increases.
The OBR are indicating inflation will rise back to 2.6% / 2.7% but we need interest rates to decrease to kick start the housing sector and help encourage investment, and that may not happen.
There is also the small matter of a labour shortage that is holding back growth.
What we need is a change in external factors, and that will either come by better trade deals, breakthroughs in emerging markets or - more significantly - tech leading to new growth, i.e. AI changing the game, in the same way that the internet helped Blair in his first 2 terms and Thatcher was helped by the emergence of home computers in the 80s.
Peacehaven Wild Kids
Well-known member
I knew I voted for them for a reason. When I get back from Liverpool Saturday night/Sunday morning with an extra 18p in my pocket that’s certainly gonna appease old lady PWK and certainly save my ears getting chewed off
LamieRobertson
Not awoke
Don’t know how it’s looking now ..but just after she sat down I saw this …maybe wait a few days to see how it all settlesThe cost of government borrowing fell after the chancellor promised to balance the books early, with the OBR forecasting that the government would spend less than it gathers in tax by 2027.
Budget 2024 live: Rachel Reeves says Budget will raise taxes by £40bn
The chancellor says "economic stability must be restored" as she attacks the Conservatives' handling of public finances.www.bbc.co.uk
Pavilionaire
Well-known member
- Jul 7, 2003
- 31,278
Yes, he created clear blue water between the tax a director/shareholder would pay on profits versus a sole trader / partnership, although how much that contributed to growth vs improvements to technology is a matter for debate.
Tubby Mondays
Well-known member
A similar thing happened to many public sector workers from 2010 onwards. Thank you Osborne!!!
- Jul 27, 2024
- 647
Chancellors always deliver triumphal, tub-thumping budget speeches that make us feel great about most things. Even Tory budgets FFS.
But then, over the following day or so it always starts to unravel a bit, doesn’t it? So perhaps let’s wait and see what the fallout is. Even watching Paul Johnson in the studio feels a bit like a bucket of cold water over the head.
But then, over the following day or so it always starts to unravel a bit, doesn’t it? So perhaps let’s wait and see what the fallout is. Even watching Paul Johnson in the studio feels a bit like a bucket of cold water over the head.