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Budget 2024

(93 Posts)
Whitewavemark2 Wed 06-Mar-24 14:33:49

Jaxjacky

Whitewavemark2

NHS funding - which comes high on the list of the majority of voter

Nothing extra - zero -

The IFS have warned Hunt of the disastrous result if he fails to provide the necessary funding.

I thought the NHS got an extra £2.5bn? Or did I misread that.

No that was Hunts big headline, but it was announced previously and it is to (he argues) keep the status quo.

Effectively it is a funding cut.

Jaxjacky Wed 06-Mar-24 14:31:34

Whitewavemark2

NHS funding - which comes high on the list of the majority of voter

Nothing extra - zero -

The IFS have warned Hunt of the disastrous result if he fails to provide the necessary funding.

I thought the NHS got an extra £2.5bn? Or did I misread that.

Whitewavemark2 Wed 06-Mar-24 14:28:36

Tax will continue to rise.

Income Growth considerably downgraded

Borrowing more than forecast

Germanshepherdsmum Wed 06-Mar-24 14:27:21

They will argue that the economic situation has improved, Cossy - and of course they will be courting votes. The chancellor has today extended measures which were due to come to an end and he can, if it is fiscally responsible in the autumn, end the freeze or bring forward the date on which it is scheduled to end.

Whitewavemark2 Wed 06-Mar-24 14:21:01

This budget will do nothing for Tory poll ratings -

Cossy Wed 06-Mar-24 14:19:16

Germanshepherdsmum

I strongly suspect that the personal allowance will be raised in the autumn statement, along with the announcement of other popular measures, and that the GE will be announced after that. The OBR had warned that there was little fiscal headroom and Hunt listens to them.

Why would the same government who have frozen the personal allowance til 2028, remove this freeze in 2024?

Cossy Wed 06-Mar-24 14:18:06

Grandmabatty

Any reduction in NI means a reduction in public services. Less for councils who are already squeezed.

Yes, which is why I wouldn’t have done this rather than increase thresholds

Germanshepherdsmum Wed 06-Mar-24 14:17:10

I strongly suspect that the personal allowance will be raised in the autumn statement, along with the announcement of other popular measures, and that the GE will be announced after that. The OBR had warned that there was little fiscal headroom and Hunt listens to them.

Grandmabatty Wed 06-Mar-24 14:15:54

Any reduction in NI means a reduction in public services. Less for councils who are already squeezed.

Cossy Wed 06-Mar-24 14:09:43

Nice to see 2p reduction in NI but the wrong area imo. I believe they should have removed the freeze on the personal allowance and raised it, along with raising the threshold for the next level of tax.

Nothing in this budget really for us pensioners and nothing for AFFORDABLE housing! We have lots of building going on around us, some lovely extremely expensive flats (£1m) nothing to help young nurses, teachers, and other professionals to get their foot in the housing ladder.

Pantglas2 Wed 06-Mar-24 14:01:40

Labour now have a golden opportunity to guarantee raising the tax threshold from £12570 to a more appropriate level to benefit pensioners and the low paid in their first budget.

A certain vote winner with those voters and it’ll serve the Tories right for looking after the high earners!

Whitewavemark2 Wed 06-Mar-24 13:46:46

NHS funding - which comes high on the list of the majority of voter

Nothing extra - zero -

The IFS have warned Hunt of the disastrous result if he fails to provide the necessary funding.

Germanshepherdsmum Wed 06-Mar-24 13:41:37

I agree GG. A disgraceful performance by them.

HousePlantQueen Wed 06-Mar-24 13:39:34

GrannyGravy13

I think the behaviour of the opposition parties is more akin to a pantomime than the H of P.

To be fair, the noise was coming from all sides of the house, those supporting the Chancellor were making as much noise as those who were not. I agree that it was a circus though

GrannyGravy13 Wed 06-Mar-24 13:34:36

I think the behaviour of the opposition parties is more akin to a pantomime than the H of P.

Desdemona Wed 06-Mar-24 13:34:35

So depressing. No wonder everything is so chaotic and out of control with these (for a large part) idiots running the country.

Smileless2012 Wed 06-Mar-24 13:33:39

I was thinking the same ruthiek. Surely such an important speech should be made without heckling.

ruthiek Wed 06-Mar-24 13:32:08

I have always watched the budget , but today I switched off , these people are supposed to be running our country be they opposition or government , but they are just a rabble . Screaming and shouting at each other , they used to be respectful and listened to the chancellor but not now . I despair and am ashamed