Reeves 'economical' over her Budget?

Spinnaker I am with you there. However, for me the icing on the cake will be when Labour are got rid of completely and for ever!!!!

Oxford PPE and LSE masters in economics seems to be the golden ticket in the Labour Party at the moment…. Maybe that’s the problem though and not the actual incumbent? Perhaps the theory isn’t all it should be?

ronib

The problem is that if Starmer and Reeves are made to go, who replaces them? Angela Rayner, Ed Miliband as pm? And who might be chancellor?
Does any mp have better life experience of economics than the current chancellor?

That bothers me too. But I have had more than enough of both now, personally.

I think most people think Starmer as Foreign Secretary is not a bad idea.

Rosie51

Are you calling the OBR liars 8DaisyAnneReturns*?

Did you not ever criticise any Conservative Chancellor's budget?

No. Please quote what they have they said that makes you ask such a question.

eazybee

Misleading, mendacious; duplicitous.
The amount of this supposed black hole was not actually quoted in Parliament by Reeves therefore she cannot be held to account, by Parliament apparently, but widespread outside parliament to the press and social media by various people responsible to the Labour Party.
Which to me smacks of chicanery.

Where is your proof of these accusations? Perhaps you just need an unproven rant at the moment. It certainly looks like this thread is designed to be the "no evidence, just feelings" thread.

MartavTaurus

I was abroad at the time of the budget.

I've come back to more news about the lies, deception, and misleading information than about the actual budget itself!!

And Rachel Reeves is only fuelling it by cropping up everywhere to justify herself.

Where are you getting this opinion from? No one can debate without evidence.

love0c

Spinnaker I am with you there. However, for me the icing on the cake will be when Labour are got rid of completely and for ever!!!!

Another evidenceless bias.

Okay. No real point in posting but you really should flag in the title that a thread is just for ranting.

Rosie51

Are you calling the OBR liars 8DaisyAnneReturns*?

Did you not ever criticise any Conservative Chancellor's budget?

I’m not calling them liars. They are just incompetent.
I know there is at least one member here who reads Richard Murphy but this is worth a read.
Added to this we now know Richard Hughes knew their computer system was prone to sharing information.

www.taxresearch.org.uk/Blog/2023/07/15/why-the-obrs-view-of-the-economy-is-so-wrong/

That’s a great article petra - I can’t quite get my head around it all but shall try again.
Also can anyone remember exactly why the budget was postponed? It certainly adds to the uncertainty factor when a budget is pushed down the line.

Thank you Petra.

I'm still not confident about MMT although the first suggestion seems to be a book keeping error.

The OBR have a problem but that is probably due to underfunding. Their problem, like other goverment departments/quangos etc., is that the public can see the underfunding of pot holes and the NHS but not of these areas

The OBR has not been flagged up as underfunded. Rather I guess it’s the knowledge base which is lacking?

From chatGBT

In a formal announcement on 3 September 2025, the Treasury said the Budget will be on 26 November. The publication said that the date reflects the government’s view that “there’s more to do” to fix structural issues in the economy.(GOV.UK+2CNBC+2)

The Treasury announcement also noted that the Office for Budget Responsibility (OBR) had been commissioned to prepare an updated economic and fiscal forecast* to accompany the Budget on 26 November.

*This is the one not carried out for the previous 15 years (my comment)

petra

Rosie51

Are you calling the OBR liars 8DaisyAnneReturns*?

Did you not ever criticise any Conservative Chancellor's budget?

I’m not calling them liars. They are just incompetent.
I know there is at least one member here who reads Richard Murphy but this is worth a read.
Added to this we now know Richard Hughes knew their computer system was prone to sharing information.

www.taxresearch.org.uk/Blog/2023/07/15/why-the-obrs-view-of-the-economy-is-so-wrong/

Richard's analysis of the current OBR predictions is here, in his estimation the overall prospect for growth is low. Indeed, the OBR appears to be forecasting growth of around 1.2%. which is low and appears to contradict the budget's belief :

www.taxresearch.org.uk/Blog/2025/11/27/the-budget-no-growth-no-hope/

ronib

That’s a great article petra - I can’t quite get my head around it all but shall try again.
Also can anyone remember exactly why the budget was postponed? It certainly adds to the uncertainty factor when a budget is pushed down the line.

It is very complex

Richard Murphy is more readable than most … he should be in the OBR?

I think starmer and Reeves are doing a great job, ambulances work as they should, kids get fed at school, kids playgrounds get an update, I have to pay more tax but its only £50 or so annually. That's why I vote Labour.
I didn't hear Reeves lie about the budget & I read an article saying that in the Financial Times I think it was but I can't find it now. How many times did Boris lie in tenure? You'd need a lot of fingers to count that

Reeves did not mislead according to OBR official
www.bbc.co.uk/news/articles/czj0ngnkl2vo?at_campaign=Social_Flow&at_link_type=web_link&at_link_origin=BBCNews&at_bbc_team=editorial&at_link_id=47984EAC-CF7C-11F0-AEC6-A5EE2C8B10AB&at_medium=social&at_campaign_type=owned&utm_social_post_id=612173911&xtor=AL-71-%5Bpartner%5D-%5Bbbc.news.twitter%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D&at_format=link&at_ptr_name=twitter&utm_social_handle_id=612473

. How many times did Boris lie in tenure? You'd need a lot of fingers to count that

Nothing to do with nothing.

Why on earth people think that one rules out the other, I fail to think.
They are both wrong[not sure Reeves was, but if she was].

Perhaps I will start a thread about this sometime.

ronib

The OBR has not been flagged up as underfunded. Rather I guess it’s the knowledge base which is lacking?

Yes, that was the sort of underfunding I was thinking of Ronib. Not that I know they are underfunded.

fancythat

^. How many times did Boris lie in tenure? You'd need a lot of fingers to count that^

Nothing to do with nothing.

Why on earth people think that one rules out the other, I fail to think.
They are both wrong[not sure Reeves was, but if she was].

Perhaps I will start a thread about this sometime.

My problem is with the amount of adverse publicity ( or lack of it) some politicians get compared to others. Eg Johnson’s links to Lebedev.

You are definitely right, there.

That is often a "who owns the means of obtaining news" problem, I think Maybe.

DaisyAnneReturns

Okay. No real point in posting but you really should flag in the title that a thread is just for ranting.

But some posters are still here ranting from their own POV.
🤣🤣🤣

Mollygo 😁 I was just thinking that.