The Budget

I wonder how many times we will hear the words "fiscal stability"? It seems to be the one fed out to those facing the cameras.

We keep the triple lock and so will get a state pension rise of 10.1% next April.

A lot of facts and figures at this stage seem like smoke and mirrors (to me).

I’ll wait for a breakdown in the newspapers. That usually clarifies things.

If you pay tax, we will all be paying more.

Fuel bills will be higher.

Hunt made it sound OK. Reeves made it sound horrendous.
I'm off to read the analysis by Martin Lewis.

Did anyone hear anything about the state pension age being increased ? I just heard the tail end of it. I’ve only 6 months to go now before I get mine, surely they can’t change it now 🤞

10.1% - triple lock to be retained.

We are all paying for Tory mismanagement.

Not sure about the detail Katyj my friend was due to get his next July, it’s moved a year.

Pleased to hear that they have changed their minds and agreed labour over windfall tax.

Nurses and other public sector workers - pay cut with only 3%.

I liked it very much, at last the next generation will have something to aim for. Liked that the uk will be a science superpower, that innovation and technology will lead the way, that infrastructure will be boosted. Will be telling the dgc later, they are all potential science based. It will be good for them to hear positivity rather than doom and gloom

Does anyone have a clue what they are doing with our tax?

Other countries have a comparable % - about 37% - but their public services are so much better.

Pensioner households to get £300 support payment

Those on disability benefits to get £150

Certain means tested benefits to get £900

Katyj

Did anyone hear anything about the state pension age being increased ? I just heard the tail end of it. I’ve only 6 months to go now before I get mine, surely they can’t change it now 🤞

I heard a quick remark about a review.
They wouldn't dare move it further away than already announced.

The National Living Wage will increase from £9.50 an hour for over-23s to £10.42 from April, but because the personal allowance won’t increase the lowest paid will be paying more tax - so they will effectively get less than the 10.1% benefits rise for those on universal credit. That doesn’t seem like an incentive to work in a low paid role?

Whitewavemark2

We are all paying for Tory mismanagement.

We are all paying hugely for 'B' (you know what I mean- and yes, I will keep going on about it- because it is true and costing billions).

Fleurpepper

Whitewavemark2

We are all paying for Tory mismanagement.

We are all paying hugely for 'B' (you know what I mean- and yes, I will keep going on about it- because it is true and costing billions).

Yes.

Interestingly the OBR have said that the U.K. growth will be positive after next year…..

But

This is based on the assumption that ther3 will be quite a high increase in immigration.

The grand finale boast of the biggest ever increase in the State Pension was a bit hollow - it's big because inflation is 11.1%!

Disposable income - for those who have such a luxury will fall by 7%

biglouis

Pensioner households to get £300 support payment

Those on disability benefits to get £150

Certain means tested benefits to get £900

Benefits and pensions to rise with inflation

Jeremy Hunt said he will increase working age and disability benefits in line with inflation, with a rise of 10.1 per cent, costing £11bn.

The chancellor said he will also increase state pensions in line with inflation in April, announcing the “biggest ever cash increase in the state pension”.
(Source: Independant online)

Where did the word "certain" come from biglouis.

The recession will leave Britons worse off by the next election than they were a decade earlier, the Treasury watchdog is warning after the autumn statement.
(Source: Independant online)

Aren’t those this year’s winter fuel payments BigLouis?

Blossoming

Aren’t those this year’s winter fuel payments BigLouis?

That’s what I thought.

Fleurpepper

Whitewavemark2

We are all paying for Tory mismanagement.

We are all paying hugely for 'B' (you know what I mean- and yes, I will keep going on about it- because it is true and costing billions).

I have no idea what "because it's true" means. It is certainly true that it happened and that it is costing us in so many ways - quite possibly billions.