The Budget

DaisyAnne

Oreo

A good Autumn Budget I thought.Much help for the less well off and pensioners, particularly those who really need it.
An increase in the hourly wage.
It was, as promised, a fair budget. I bet a lot of people will be pleased.
Glad to see Sizewell C will go ahead.

Well done. As the Talking Heads on Politics Live said, that's what you are expected to feel.

?
It is what I thought after listening to the Budget thanks.
Couldn’t give a flying wotsit what talking heads on tv say.

Errrmmm ... well, no, not really. I thought I must have fallen asleep when he gave any details. Science in the UK has lost billions over the last few years from the unmentionable B ... I thought maybe we were going to turn the clocks back.

I missed the bit about the generous help for the less well off, too.

Anybody receiving an occupational pension in addition to the state pension will end up losing 20% of any increase.

growstuff

What was in the Budget to indicate that the UK will be a science superpower? Sorry, I missed something.

He said it would be. Isn't that enough for you growstuff?

Oreo

A good Autumn Budget I thought.Much help for the less well off and pensioners, particularly those who really need it.
An increase in the hourly wage.
It was, as promised, a fair budget. I bet a lot of people will be pleased.
Glad to see Sizewell C will go ahead.

Well done. As the Talking Heads on Politics Live said, that's what you are expected to feel.

And at least we keep HS2.
🙁

Whitewavemark2

So the question is - is the £300 on top of the winter fuel payment?

It was this year although different amounts for different age households. To be honest, we won't know until the clever people have dissected the whole statement and is additional bits.

25Avalon

Excuse me, haven’t we just been through a pandemic and aren’t there shortages due to the war in Ukraine? Isn’t there global recession? Did I sleep through it all? Is every single thing down to Brexit?

Haha, yes for some it is.

Rachel Reeves is good on dramatics, albeit with a nasal quality to her voice not unlike Keir Starmer which grates.
She didn’t have much to say about the specifics of the Budget though, more an expected general attack on ‘Tories’ .Well, what could she say? This budget is really going to help those on benefits and low paid workers and households getting universal credit, so she didn’t have much if anything to say about that.

Excuse me, haven’t we just been through a pandemic and aren’t there shortages due to the war in Ukraine? Isn’t there global recession? Did I sleep through it all? Is every single thing down to Brexit?

The SP increase and minimum wage increase will bring some people into the basic tax rate, so not such a good increase for them.

What was in the Budget to indicate that the UK will be a science superpower? Sorry, I missed something.

A good Autumn Budget I thought.Much help for the less well off and pensioners, particularly those who really need it.
An increase in the hourly wage.
It was, as promised, a fair budget. I bet a lot of people will be pleased.
Glad to see Sizewell C will go ahead.

Urmstongran

What are Labour (Rachel Reeves) saying about it?
I must read some on line news.
😊

It was a good speech that carefully unravelled the Chancellor's. I think we will generally need to see more unravelling before we know.

My personal take away is that Brexit UK is the only OECD country with the sort of labour shock we are showing. It's time to stop fighting and work out what will solve it.

Growth will be impossible until we do.

So the question is - is the £300 on top of the winter fuel payment?

biglouis

Pensioner households to get £300 support payment

Those on disability benefits to get £150

Certain means tested benefits to get £900

Additional cost of living payments next year of:

£900 to households on means-tested benefits
£300 to pensioner households
£150 for individuals on disability benefit.
(Source: Sky)

Means tested benefit/pensioner household - £1200
Means tested and disability benefits - £1,050
Pensioner, means tested and disability benefit - £1,350
(E & OE)

That looks very close to what these households got this year as far as I can see.

One of the reasons for this budget.

Brexit and the economy as described by BoE Governor

“The shocking impact of Brexit was laid bare at todays Treasury Committee

Higher food prices
Reduced wages
Reduced business investment
Falling trade
Business damaged by extra costs & paperwork
Higher inflation”

I wonder if Ben Wallace will swallow the 2% of GDP on defence announcement?

What are Labour (Rachel Reeves) saying about it?
I must read some on line news.
😊

All this because of Brexit and Tory mismanagement.

It is a disgrace.

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.

Blossoming

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

That’s what I thought.

Aren’t those this year’s winter fuel payments 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)

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.

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