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New chancellor policies

(38 Posts)
Nannina Tue 18-Oct-22 00:07:50

Jeremy Hunt is to review energy bills support from April 2003 and also indicated uncertainty re the pensioner triple lock. I receive the ‘new’ pension so am just above Pension Credit threshold, am I right to be worried about my finances next year?

4allweknow Thu 20-Oct-22 20:43:40

In spite of paying cobtributions for 43 years I do not receive the higher rate pension. I am though exempt from any benefits (council tax reduced as single occupant). I have minimum savings.Apart from the personal needs of a human eg food, clothing, heat most people have to maintain a home. Today I paid £10 for a handyman to re-insert a downlighter that had popped out of its socket in a bathroom. Lot of the cost would be for his fuel. Less than 5 mins work. Heating can't be turned of completely in rooms or else damp can appear. No public transport where I live unless I walk a mile to a bus stop and that's along a very narrow footpath along side a busy A road and the bus only goes to a small shopping area. No transport to Drs, dentist, opticians, chemist, hairdresser. A car is essential. So yes, pensioners should be given a decent increase to help with current inflation.

Theoddbird Thu 20-Oct-22 18:55:01

Grow stuff... I was just saying what I do...nothing more, nothing less.

Oh and I am saving a lot by making amazingly simple nourishing soups and filling my freezer. But that is neither here nor there. I was not suggesting that anyone live as I do. I live simply on a narrow boat. I have to be physically very strong and capable and able to put up with many hardships...having to cut and split logs for a start. No central heating of course. Oh and being able to lift a 13kg gas tank from jetty down into the gas locker. I would never expect anyone on here to live as I do....

annodomini Thu 20-Oct-22 18:20:15

The latest news is that BJ is now attempting to be re-elected as Prime Minister. The nerve of the man!

Maremia Thu 20-Oct-22 17:46:21

Any guesses who will put themselves up as the next PM?

Maudi Thu 20-Oct-22 17:36:07

Perhaps if we have a new PM the new Chancellor Hunt will be out.

Casdon Thu 20-Oct-22 17:26:07

Allsorts

Keir would have just kept on as he did about Boris until she went, she made a mess of things and lost credibility, however there’s no need to personally attack people and humiliate. It’s put me off him.
Think the Chancellor needs to be cautious which he is, there’s no magic answer to the problems we have.

Your memory is selective. Nothing Starmer has said comes anywhere near the viciousness of the name-calling he has been subjected to by Johnson.

Allsorts Thu 20-Oct-22 17:18:09

Keir would have just kept on as he did about Boris until she went, she made a mess of things and lost credibility, however there’s no need to personally attack people and humiliate. It’s put me off him.
Think the Chancellor needs to be cautious which he is, there’s no magic answer to the problems we have.

Saggi Thu 20-Oct-22 16:29:46

I’m a pensioner who receives an old rate pension …..and I have £4 per week too much for pension credit….if they keep their word as regards Triple Lock pension I’ll run naked up my high street. Yes…be afraid of your pension….which is the lowest in Europe….be very afraid!

RosemaryAnne Thu 20-Oct-22 15:36:01

Although yesterday saying she was not quitting, Liz Truss has done exactly that ttoday

growstuff Thu 20-Oct-22 15:27:17

Theoddbird

I try not to worry about things I can't change. That would be like getting stressed because you are in a long supermarket queue...you can't change it. I wait... I live simply and peacefully within my means and will continue to do so...

Many people don't have the means even to live simply. It would be amazing if they weren't worried.

Theoddbird Thu 20-Oct-22 15:25:48

I try not to worry about things I can't change. That would be like getting stressed because you are in a long supermarket queue...you can't change it. I wait... I live simply and peacefully within my means and will continue to do so...

growstuff Thu 20-Oct-22 15:11:28

Nicolenet

You need lots of savings if you hope to carry on spending on clothes, new car, holidays... If you are prepared to cut down on heating, cooking, going out etc you might manage within your budget. Worrying about it won't help.

I'm not talking about clothes, cars and holidays. I'm talking about having a roof over your head and food on the table.

growstuff Thu 20-Oct-22 15:10:08

undines

Surely to goodness pensioners ARE a special case! We've paid into the system for years and many pensioners are infirm and can't work. I'm lucky that I do still work and I'm still as fit as I've ever been, but my husband has had two knee replacements and couldn't continue as Forestry Manager. Many pensioners are poorly and they need warmth and good food, or they will die off quicker. But perhaps that's what the government want!

No, I don't think pensioners are a special case. By the way, not all pensioners did pay into the system - they didn't pay as much as many people still of working age are doing now.

I think the emphasis should be on the poorest, whether they are pensioners or not.

Grantanow Thu 20-Oct-22 15:04:16

Good riddance to Truss. And her commitment to the triple lock is now worthless. I hope they get rid of Coffey, Rees-Mogg and all the other barrel scrapings.

cc Thu 20-Oct-22 14:19:48

Thank heavens for that. Hopefully now that Truss has gone we can get back to more realistic economics. The damage that she has done over the past few weeks cannot be undone, but hopefully a competent and economically literate Chancellor will be appointed to take the reins.

Unigran4 Thu 20-Oct-22 13:42:32

Sorry! I got excited there! Probably the wrong thread and everything.

Sorry, please ignore my exuberance

Unigran4 Thu 20-Oct-22 13:39:35

So! Truss has resigned!

Cagsy Thu 20-Oct-22 13:32:06

I agree growstuff , there's a lot of young disabled people who are really struggling and people with young families all feeling the pain. And biglouis I hate the idea that younger people think we all voted for Brexit (which I didn't) and are Tories which I most definitely am not. I realise whoever is in government have many difficulties in getting their policies implemented and are up against things like Covid, Ukraine etc. I think where people are coming from is so important and I have always thought Tories try to protect the already wealthy and the cost is a very unequal and unjust society.

undines Thu 20-Oct-22 13:26:10

Surely to goodness pensioners ARE a special case! We've paid into the system for years and many pensioners are infirm and can't work. I'm lucky that I do still work and I'm still as fit as I've ever been, but my husband has had two knee replacements and couldn't continue as Forestry Manager. Many pensioners are poorly and they need warmth and good food, or they will die off quicker. But perhaps that's what the government want!

Nicolenet Thu 20-Oct-22 13:19:38

You need lots of savings if you hope to carry on spending on clothes, new car, holidays... If you are prepared to cut down on heating, cooking, going out etc you might manage within your budget. Worrying about it won't help.

growstuff Thu 20-Oct-22 12:50:16

I am really concerned about treating pensioners as a special case and creating divisions. Anybody, including those of working age, should be worried. We need to show some solidarity.

Blinko Thu 20-Oct-22 12:46:00

Littleannie

It has just been announced that the triple lock won't be honoured.

It’s been re announced that it will….

Nanatoone Thu 20-Oct-22 12:43:08

It’s been the most ridiculous period in our parliamentary history and it’s not over yet. I have cut all my energy use significantly and I suppose that’s a good thing (wasteful use). I’m scared like most people, I ave just started to receive my pension and had thought I’d be able to live more comfortably but no, it has to be used to prop me up. I’m lucky I’m getting it, I despair for my children and grandchildren.

polnan Thu 20-Oct-22 11:52:13

Question,,, why do we need a PM and a Chancellor? Hunt seems to be doing both.

Nannina Thu 20-Oct-22 11:46:19

I’m in the same position-new Pension so not entitled to Pension Credit or the passports benefits that brings. Liz Truss has guaranteed the Triple lock but can you trust Truss the U turn queen?