Surely worth a main page topic
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Surely worth a main page topic
Unless he stops talking soon it's going to need it's own server
Sky News just posted the following bullet points
Furlough extended until end of September
Universal Credit uplift of £20 per week to continue for further 6 months
Minimum wage to increase to £8.91 from April
Stamp Duty holiday extended until June 30th
Business rates holiday until end of June
Personal Tax thresholds frozen until 2026
Alcohol and fuel duties frozen
Corporation tax on profits to rise to 25% from 2023
looks like a kick in the teeth for key workers after a year they've had won't be forgotten by the British Public me thinks
Dont forget that the Senedd has tax raising powers and can do it's own thing with regards to Income Tax.
Wouldn't surprise me if they brought in a lower rate and an extra higher rate sometime during the next parliament.
Universal Credit has seen an uplift (and extension) but anyone still on old system benefits have missed out throughout this year. A way of pushing people to make the change before they need to despite Universal Credit being financially a worse benefit for disabled people/people with ill health.
A government looking to go green government has frozen fuel tax much to delight of Sun who campaigned for both greater focus on climate and protection for motorists.
Corporation Tax increases and green infrastructure bank from Labour 2019 manifesto - not too surprising.
I was replying to a post by Tuerto that was in response to something Mozzer said - there’s no point saying anything about the budget until the politically neutral Institute of Fiscal Studies have had their say on it because all you’ll hear today is party politicking.
Analysis of the new freeports here: https://ukandeu.ac.uk/wp-content/upl.../Freeports.pdf
From what I glean from above, this Guppy bloke was after this other bloke's address, and was trying to get it from Johnson, but Johnson didn't give it to him. Sounds like BJ wouldn't minded him having a black eye or two, but 'arranging to have someone beaten up ' ? That's not how I read it.
Lets be honest here ( and i know some will of course refuse to see it ) , this budget has been decent for the low income / working class, Furlough / SE help scheme ( which will save jobs ) and the continuation of the £20 uplift to Universal credit cannot be knocked
of course we will see the people saying " front line workers should have got a pay rise "
This government has tried its best with Furlough / SE help for over 1 year, not sure many other countries have gone that far to help
"Still fuming at all the brilliant people who got made redundant in October because Rishi Sunak refused to extend furlough until there were just hours to go before the deadline, by which time decisions had already been made. They could have kept their jobs for another year" - https://twitter.com/RMCunliffe/statu...84836058525705
Do you think that's a fair comment? The challenges of winter surely could have been more expected?
yes of course that was a mistake, a massive mistake
but as we were learning different things, Most still had hopes ( in Oct ) that we had seen the back of Covid and lockdowns, it was all pretty fluid , ideally it should have been in place that furlough was on a rolling date, i guess they have learnt that and thus we see it still available for Sept
Back to the extended Furlough / SE help and the Universal increase, they are really trying to look after them who need it
Corbyn was a radical communist for wanting to raise corporation tax to 26%. Sunak is a hero and saviour for raising CT to 25%.
Freezing personal allowances (which the highest earners don't get) or tax thresholds (which are insignificant to the highest earners) increases the blended rates of income tax paid by lower earners but not (or less than) that paid by the highest earners.
A week ago people were creaming for him to extend furlough and the £20 a week uplift. He has done that. Now they say he hasn't done it for long enough. There is no way he is ever going to win that battle. Whatever they are given people always want more.
Not SAGE who had recommended circuit breaker by the 21st of September. Around the same time that Sunak was introducing herd immunity scientists into the conversation though?
There have been workers left out of support all together: newly self employed (200K), new starters (300K), PAYE freelancers (390K), those who are part-time employed and part-time self-employed (1.175million) and many more not helped throughout the pandemic.
As ever with budgets there will be some good (increasing corporation tax but keeping it lowest in G7 is an example of improvement, keeping £20 uplift) and some bad, but my bias says you're being very lenient on someone who seems to be better at delivering a message than getting the message right.
I'm one of thsoe who fell down the middle regarding employed/self employed help. And I couldn't get any other help either.
As for the advice given/taken. I always take advice from doctors and scientists with a pinch of salt. They will always tell you the worst possible outcome as the likeliest one (Although this time they may have been right) and they are very loathe to agree with any good news, always wanting to temper it with a dose of foreboding doom and gloom. It's just in their nature.
It like your doctor always tells you 'You mustn't drink' when you are taking this or that medicine. It doesn't really make any difference but they instinctively want to stop people drinking. (Even though half of them drink too much themselves)
Time to scrap that hs2 train line save a few 100 billion....