Gransnet forums

News & politics

Page 5 of 5 | First | Previous | Next | Last
| Flip | Customise |

The Budget

(104 Posts)
Add comment | Report
Whitewavemark2 Sun 03-Mar-24 07:12:35

Observer

“Jeremy Hunt is expected to raid the public finances to conjure some pre-election goodies in his budget on 6 March. He will create the headroom for tax cuts mainly by tightening the squeeze already imposed on Whitehall departments. And whoever takes over after the election will find gaping funding holes, empty coffers, high debt and low growth. As legacies go, Hunt’s is on course to rank as one of the worst”.

Any tax cuts will only appease his party members. The voter wants better public services, particularly health. There was no budget “bump” after the autumn statement and it is highly unlikely that the budget next week will be any more popular.

However, if there is a glimmer of hope say from a rise in the polls for Tory support - then expect an election in the spring.

It can’t come soon enough.

Add comment | Report
Germanshepherdsmum Sat 09-Mar-24 17:53:46

M0nica

I think pension increases should be tied to wage growth so that we only get, on average, what the population as a whole is getting.

I disagree, MOnica. People in employment who are dissatisfied with a salary increase can seek alternative employment. Most of those who are retired cannot.

Add comment | Report
M0nica Sat 09-Mar-24 18:59:31

GSM when you are dealing with national averages, what indivduals do is irrelevant.

I would always hesitate to say so casually that people can look for alternativebetter paid employment. Some can, in some areas many can, but a lot of people for a wide variety reasons cannot.

Add comment | Report
Casdon Sat 09-Mar-24 19:04:26

M0nica

GSM when you are dealing with national averages, what indivduals do is irrelevant.

I would always hesitate to say so casually that people can look for alternativebetter paid employment. Some can, in some areas many can, but a lot of people for a wide variety reasons cannot.

If the lowest paid sought and obtained better paid jobs, where would we be, no carers, no restaurants or hotels, no factories, no shops?

Page 5 of 5 | First | Previous | Next | Last
| Flip | Customise |