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Governments First Budget

(564 Posts)
Whitewavemark2 Wed 30-Oct-24 07:55:04

We won’t know too much until we can read tomorrows analysis , but we do know of this government’s intended direction of travel, and whether it meets with our expectations as voters and what we all voted for, which of course changes with each individual.

My vote and expectation was for

First and foremost to save our NHS and crumbling public services.

Second was to address the state of our environment, the polluted seas and rivers, and the lack of diversity.

Next -to address the fact that economic growth has been more or less stagnant since 2010. We need a Keynesian type budget for growth, that is imaginative and forward thinking to produce the revenue to invest in out country.

Personally I have never thought it possible to have this type of successful economy where citizens can be confident of a cradle to grave welfare state, where education is first class, health is free at the point of use and available within a very reasonable time limit, where public services are well run and invested in and care for all in need comes as a right, can be obtained by the tax payer on the cheap. This type of economy must be paid for and we will need to see tax at Scandinavian levels in order to achieve this.

Looking at the state the country is in, we knew in July that this would be a mighty task. Mighty tasks need research/planning and massive effort. They always start painfully slowly but momentum will gather as each year passes and we will gradually see the result of the effort put in to save our country from the ravages of 14 long years of economic blows our public services received.

Of course the right wing media - childlike - is insisting on jam today without spending any of their pocket money, but as wise parents we know that all jam does is rot your teeth. Instant gratification is only for the hard of thinking, the more intelligent know that time is the master.

So now looking back at the few short months Labour has been in government, i am pretty supportive of the direction of travel, and the achievements to date - which probably need listing to remind everyone - but not for this thread.

Some stuff has been announced but I think it best until we begin to see how it fits into the overall picture before we begin to comment.

It looks as if this is going to be a massive budget though - so hold onto your hats!

fancythat Wed 30-Oct-24 08:02:02

Lack of diversity?

LizzieDrip Wed 30-Oct-24 08:07:58

Not sure what you mean fancythat? Could you elaborate?

Whitewavemark2 Wed 30-Oct-24 08:08:34

The adult minimum wage is to rise by 6.7% - a much higher rise than expected.

The 16-20 year old workers will get a massive 16% hourly rise.

Mamie Wed 30-Oct-24 08:14:22

Thank you for this WWM2. As this is Gransnet, it will be particularly interesting to identify the measures that should improve the lives of our grandchildren, now and in the future.

Mollygo Wed 30-Oct-24 08:33:57

Improving the life of my DGD will not immediately become apparent when her bus fare becomes £30pw. Easier if you live in an IGO area, but she doesn’t.

Whitewavemark2 Wed 30-Oct-24 08:45:39

Mollygo

Improving the life of my DGD will not immediately become apparent when her bus fare becomes £30pw. Easier if you live in an IGO area, but she doesn’t.

I quite see your annoyance, and I get that, but at the same time the working young are going to get a massive 16% pay rise which must help a great deal.

It is intended that their hourly rate will eventually catch up with everyone else and the young will no longer be exploited, which is excellent news.

Babs03 Wed 30-Oct-24 08:53:54

Thanks Whitewavemark2 will definitely be tuning in and reading this thread.
I feel trepidation for our own financial situation which isn’t great, and our grown family and GCs.
And public services need more than just a tickle around the edges.

Whitewavemark2 Wed 30-Oct-24 08:57:07

fancythat

Lack of diversity?

Biological diversity

Oreo Wed 30-Oct-24 08:58:40

Babs03

Thanks Whitewavemark2 will definitely be tuning in and reading this thread.
I feel trepidation for our own financial situation which isn’t great, and our grown family and GCs.
And public services need more than just a tickle around the edges.

Same here.

growstuff Wed 30-Oct-24 08:58:51

Mollygo

Improving the life of my DGD will not immediately become apparent when her bus fare becomes £30pw. Easier if you live in an IGO area, but she doesn’t.

I now have a bus pass, so I rarely pay for bus fares now. However, when I did, the fare from my village into town was £3.10, so even with the increase it's cheaper than it was three years ago.

Mollygo Wed 30-Oct-24 09:13:45

Growstuff, how nice for you, but her bus fares along with those for all passengers, were reduced by the Conservatives and will, if the carefully leaked rumours turn out to be true, increase by 50%.
Another example if caring for all?

winterwhite Wed 30-Oct-24 09:15:30

I don’t think anyone thinks you can have Scandinavian type public services without Scandinavian levels of taxation. Many though wld rather pay for their own services as they need
them without the taxation. And the trick will be to make the service improvements visible as the tax increases bite.

Why do you leave out social care Whitewave2. This is the elephant in the room. In a worse state than the NHS and imposs for the NHS to function without it after so much was shunted off into the care service in an attempt to shore up the hospital side. Labour can’t go on much longer holding a telescope to this blind side.

And I’d have liked to see education, education, education given parallel funding to the NHS.

Water pollution is up to regulation of the water companies and shouldn’t affect ‘working people’.

The 50% bus fare increase will be a heavy hit to the just about managing who aren’t all aged 16-20, welcome though that and other increases are.

Direction of travel OK, means of getting there so far uninspiring and disappointing.

Whitewavemark2 Wed 30-Oct-24 09:24:05

winterwhite I did include social care but perhaps not very clearly?.

Don’t forget that the OP is my shopping list - others of course will be different.

Whitewavemark2 Wed 30-Oct-24 09:25:29

Mollygo

Growstuff, how nice for you, but her bus fares along with those for all passengers, were reduced by the Conservatives and will, if the carefully leaked rumours turn out to be true, increase by 50%.
Another example if caring for all?

Will your granddaughter benefit from the pay rise for the low paid?

Hopefully that will go towards some mitigation.

fancythat Wed 30-Oct-24 09:25:55

Whitewavemark2

fancythat

Lack of diversity?

Biological diversity

Ah.

Whitewavemark2 Wed 30-Oct-24 09:33:36

winterwhite re- paying for services.

That is the nub isn’t it?

That is the choice.

1. A society where tax is at a minimum but you are expected to support yourself in every area of your life except, perhaps, primary education, defence and security etc.

Or

2. A society where tax is paid at a level that gives security to every citizen regardless of ability. So health, care, education, public services, safety nets etc, are there. Investment in wider society like local amenities, good access to parks etc,

I prefer the latter - personal choice.

Mollygo Wed 30-Oct-24 09:38:30

Winterwhite, my DD’s total bus fares for her and DGD, if the £3 is true, will be £60pw. £40 was difficult, but a 50% increase shows exactly how much KS understands about how people who can’t claim travel expenses manage.

Maggiemaybe Wed 30-Oct-24 09:44:46

The bus fare cap was due to end in December. People I know who use the buses regularly are pleased that it’s been renewed.

Maggiemaybe Wed 30-Oct-24 09:47:30

2. A society where tax is paid at a level that gives security to every citizen regardless of ability. So health, care, education, public services, safety nets etc, are there. Investment in wider society like local amenities, good access to parks etc,

We can but hope, Whitewave.

MayBee70 Wed 30-Oct-24 09:51:08

Just because bus companies can now increase bus fares does that necessarily mean that they will?

MaizieD Wed 30-Oct-24 09:55:14

I hope people realise that the cheap bus fares have been enabled by government subsidies to the privatised bus companies.

I think that the amount of subsidy 'saved' by allowing the cap to rise to £3 will be minimal, and I really dislike the idea that public money is being used to support dividend payments to the private companies' shareholders.

Allira Wed 30-Oct-24 10:07:28

Mollygo

Improving the life of my DGD will not immediately become apparent when her bus fare becomes £30pw. Easier if you live in an IGO area, but she doesn’t.

I was surprised that bus fares have to be paid for to attend FE College here; when I asked if DGD should get a pass, DS said no, they had enquired, even though the local schools have no sixth form.
Another expense for parents.

Whitewavemark2 Wed 30-Oct-24 10:07:33

The subsidies to transport services are paid in order to retain vital bus services.

Whether that is the best way to achieve integrated transport is a moot point.

Personally, I would prefer a nationalised transport system.

Allira Wed 30-Oct-24 10:10:34

Whitewavemark2

The subsidies to transport services are paid in order to retain vital bus services.

Whether that is the best way to achieve integrated transport is a moot point.

Personally, I would prefer a nationalised transport system.

Are they paid by the Government or Local Authorities?