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Governments First Budget

(565 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!

Greyisnotmycolour Wed 30-Oct-24 19:42:32

TakeThat7

I'm very pleased about the change to right to buy. You now have a permanent roof over your head, why would you want to deprived others of that benefit? There is nothing to stop you from buying any other property on the open market. If you are paying a substantially reduced rent, compared to the private rental market, it will allow you to save. Buying social housing property is an incredibly selfish thing to do. Since Thatcher introduced that policy, houses lost to buyers have not been replaced resulting in the current housing crisis.

FriedGreenTomatoes2 Wed 30-Oct-24 19:41:11

And for Scotland?
This just now in the Telegraph:

Alan Cochrane
30 October 2024 6:56pm GMT

There was a significant, if largely, unspoken sub-plot to Rachel Reeves’s Budget on Wednesday – but it was one that demonstrated how much the Labour Government is growing tired of the effects of one of the principal supposed “benefits” of devolution.

This is, of course, the fact that in spite of its record-breaking victory in the July 4 general election, much of what goes on in one part of the United Kingdom – Scotland – is out of its control.

However, it was clear from a number of Commons exchanges on Wednesday that Sir Keir Starmer is ready to increase its pressure on the SNP Government in Edinburgh and, if necessary, bypass it altogether to get a better deal for Scotland.

Central to this looming battle is the NHS, which the SNP runs – lock, stock and operating theatre – under the terms of the devolution settlement.

However, as has long been the case, this product of the likes of Gordon Brown and Tony Blair has taken on the aspect of an open sore ever since the SNP, under Alex Salmond, formed the Scottish government in 2007.

Hardly a day passes without furious complaints about how badly the NHS is being run and how run down its facilities in Scotland are – but as it is not in government in the country, there is precious little that Labour can do about the situation, except complain.

Casdon Wed 30-Oct-24 19:40:19

That is errant nonsense Primrose53. The government wants more people to have access to affordable housing for rental. Do you not realise how many homeless and inadequately housed families there are?Reducing the subsidy on buying council houses is part of the way that will be achieved. People will still be able to get a discounted rate if they choose to buy, just not a giveaway.

David49 Wed 30-Oct-24 19:38:10

3 of my grandsons have gone to a nearby Agricultural College between 17&18 as residential students -it’s too far to travel. They do many rural based courses, students have work experience during that time, it’s a good grounding for all things rural, a very popular college. Lodging has to be paid for but tuition is free.

It’s not really an apprenticeship, some go on to university, others find work in their chosen field and qualify on the job.

Primrose53 Wed 30-Oct-24 19:36:15

TakeThat7

I'm talking about them stopping right to buy

This government doesn’t want aspirational people. They don’t want people being able to buy their own homes or make a lot of money through sheer hard work.

They want to keep them under the thumb and dependent on them for miserly handouts. I believe they will only be happy when we are living in grey concrete boxes and marching about in Lenin caps and drab clothes.

Whitewavemark2 Wed 30-Oct-24 19:33:08

Oldbat1

FriedGreenTomatoes2

I listened to Sunak's response to the budget and I have to say it was the best speech I've heard him make. He destroyed this Budget. Oh well, he’s yesterday’s man now.

You really rate his rant? Im honestly surprised as our household of 4 adults with different political views thought it very poor.

He wasn’t trying very hard as he was de-mob happy.

Whitewavemark2 Wed 30-Oct-24 19:31:54

TakeThat7

I will not be able to buy it ever now and I've been homeless on the past because of a landlord who kicked everyone out so he could sell u he just changed the locks I'd been married at the time a few weeks and had a full time low paid job

I am sorry for your disappointment, but social housing should never have been offered for sale, and certainly not at a reduced value. In my opinion the cash raised from the sale should have been used for building further social housing but councils were prevented doing so by the Tory government. Thus laying the foundations for the appalling housing crises we are facing today.

I do strongly believe that affordable houses should be available to people on a limited budget, which I believe this government is working towards. But none of this can be achieved over night . Meanwhile they have made a start on trying to protect tenants by repealing no- fault evictions and other measures.

I do hope that you are eventually able to buy your own property, if that is your ambition. I have grandchildren with the same ambition. It isn’t easy is it?

growstuff Wed 30-Oct-24 19:30:27

TakeThat7

I will not be able to buy it ever now and I've been homeless on the past because of a landlord who kicked everyone out so he could sell u he just changed the locks I'd been married at the time a few weeks and had a full time low paid job

I do sympathise with your situation. I've actually experienced some of it myself.

I was once a high earner. I had a mortgage when I was 28 in my own name as a single person. In my 40s, my marriage broke down, I had a catastrophic mental breakdown and later a heart attack. I ended up losing my job and my house. I was homeless, unemployed and with two young children.

I experienced being evicted by a landlord who wasn't paying his own mortgage (even though I paid my rent) and tried to sue me for so-called damages (I won). I've now lived in a privately rented house for 10 years and will never again own my own home. Not being a home owner isn't the end of the world. If you have a council property, at least you have security of tenure.

I'm all for anything which increases the amount of housing available, especially for low earners, but Right to Buy isn't the right way.

FriedGreenTomatoes2 Wed 30-Oct-24 19:29:42

Good to hear that from you Shinamae I’m glad to hear you’re happy with the Budget. Genuinely. You work hard and deserve some rewards.

Shinamae Wed 30-Oct-24 19:23:58

Not being much of a political animal, I am pleased to hear that something is to be done about shoplifting.
Also the wild rumours about stopping the bus pass and stopping the single person supplement for one person in a house has not come to pass, another good thing
Finally, I am on minimum wage and have been for years as a carer in a care home so I am pleased to hear we are going to get a substantial rise.
All in all, I’m quite happy with it ..

Oldbat1 Wed 30-Oct-24 19:20:51

FriedGreenTomatoes2

I listened to Sunak's response to the budget and I have to say it was the best speech I've heard him make. He destroyed this Budget. Oh well, he’s yesterday’s man now.

You really rate his rant? Im honestly surprised as our household of 4 adults with different political views thought it very poor.

growstuff Wed 30-Oct-24 19:20:35

I'm not knocking apprenticeships, but you seemed to be implying that apprenticeships were a way of not having to travel to college. Level 3 (and 4) apprenticeships are rightly valued, but they do involve travel to college, which has to be paid for. Apologies if I've misunderstood you.

Freya5 Wed 30-Oct-24 19:16:42

growstuff

Freya5

Allira

growstuff

Allira

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.

It's not just wherever you are. 16-18 year olds have to pay for transport everywhere.

Yet 16-18 year olds must remain in education or training.

Rather that than sat in their rooms on their ps5 or whatever, tik tok maybe !! Education and apprenticeships what is wrong with that.

It is compulsory to stay in some form of education until 18 these days. Even apprenticeships will involve some element of class based learning. In any case, many 16 year olds don't want the limitations of apprenticeships and aspire to Level 3 qualifications.

Yes I'm sure. A level 3 apprenticeship, also known as an advanced apprenticeship, a qualification combining academic study with on job training. Considered to be the equivalent to two A levels. So dont knock it. My Grandson qualified this way, and is now a highly paid Agricultural Mechanical Technician.
No limitations if there is aspiration.

TakeThat7 Wed 30-Oct-24 19:15:19

I will not be able to buy it ever now and I've been homeless on the past because of a landlord who kicked everyone out so he could sell u he just changed the locks I'd been married at the time a few weeks and had a full time low paid job

Whitewavemark2 Wed 30-Oct-24 19:11:46

fancythat

GrannyGravy13

vegansrock

Everyone wants decent health and education services but no one wants to pay for them. I thought it was a good budget and Reeves gave a confident speech. I don’t mind paying extra tax if it’s spent on public services.

They have gone for the easy option

They should be going after the tax dodging likes of Amazon etc., (as should the previous Government)

I have given up on that happening, rightly or wrongly.

I think superior lawyers than the Uk government employ, plus international tax laws, make it maybe impossible.

Else it would have been done decades ago, by one government or another.

That is right. But rest assured although it will never make the headlines there are many tax avoidance schemes that are completely rejected by HMRC, and where necessary the tax is recovered.

TakeThat7 Wed 30-Oct-24 19:11:07

Oh thank you fancy that I just don't feel able to deal with it it's too much if they had given people near to it the chance but no that's it

Casdon Wed 30-Oct-24 19:10:18

The previous government was heavily subsidising people who were renting council homes so they could buy those council homes, but leaving other people who needed help with housing with no option but expensive private rentals. The system was unfair. Of course it’s hard when it affects you directly, but you will still be able to buy your council home, at a fairer market price.

growstuff Wed 30-Oct-24 19:09:42

TakeThat7

I am so depressed that labour can just
stop the right to buy like that it's like the only good thing that might have happened for me has been taken O was always earning minimum wage

From listening to what was actually said, my understanding is that Right to Buy won't be stopped, but the deal will be made less generous.

TakeThat7 Wed 30-Oct-24 19:08:14

What I heard her say was the discount was going to stop it was there most rushed statement like it matters to no one

fancythat Wed 30-Oct-24 19:08:02

I dont know much about the subject, but that sounds not at all nice for you TakeThat7. sad

TakeThat7 Wed 30-Oct-24 19:04:52

That's gone now

fancythat Wed 30-Oct-24 19:04:50

GrannyGravy13

vegansrock

Everyone wants decent health and education services but no one wants to pay for them. I thought it was a good budget and Reeves gave a confident speech. I don’t mind paying extra tax if it’s spent on public services.

They have gone for the easy option

They should be going after the tax dodging likes of Amazon etc., (as should the previous Government)

I have given up on that happening, rightly or wrongly.

I think superior lawyers than the Uk government employ, plus international tax laws, make it maybe impossible.

Else it would have been done decades ago, by one government or another.

TakeThat7 Wed 30-Oct-24 19:04:14

No I'm in a town that's labour the money will go on taxis for the mayor events for council high up employees I was listening to the budget I've loved on same house Thirty years and was just about ready to consider being able to buy

TakeThat7 Wed 30-Oct-24 18:59:58

They were affordable homes maybe

J52 Wed 30-Oct-24 18:57:34

I don’t think they have said they will stop right to buy outright, but adjust the discount. Also allow the LAs to retain the money made from the sales to build more housing. Thus allowing others to benefit from social housing.