Politics Today

[Hermann]

...is the perennial short sighted response from the Left. This is coming from someone who is probably also baulking at Truss's review of grammar schooling (and its possible expansion) whilst sending his kids to private school. If you don't want that extra 1.5% in your pay packet, I can recommend a list of charities you could send it to.

It's taken 12 long years, but Hermann could be right, we may now have a Conservative government...at last!

Pretty sure the only short-sighted one around here is Liz Truss. Hasn't she realised she's got the job, so she doesn't need to feed the Tories anymore?

I'll say one thing for them, it's very brave of them to abandon the policies that have kept them in power for 12 years. Let's see if it works.

 

[angelic upstart]

All I can say is....Now that's more like it!

And IR35 repealed (as of April)...praise the lord!!!!!

If that's the starting point, can't wait to see what's coming (ahead of a GE).

It's a fools gold tax cut unless theres changes to personal allowances, it wont affect many in a positive way.

Agree re IR35 though.

 

[tavyred]

Strange comment from an unemployed woman in receipt of UC this morning that she can no longer save for Xmas. Too many people think the state safety net is there for the extras. By definition it is not.
Good to hear that those on UC who fail to improve their situation by working extra hours will be looked at and encouraged to do so.

 

[elginCity]

The previous Tory chancellor spoke of sleepless nights worrying about servicing the national debt, index-linked gilts and the like, while inflation was at 3% or thereabouts.

With inflation at 10% and rising, this Tory chancellor cuts tax and increases borrowing and appears to sleep very soundly at night. Another swashbuckling proper Tory and Brexiter, just what the country needs right now.

 

[angelic upstart]

Good to hear that those on UC who fail to improve their situation by working extra hours will be looked at and encouraged to do so.

The numbers don't add up for them. So it won't bring people to work extra hours.

Universal credit is received mostly by women and many of them are single mums. Getting them working every hour isn't good for family life and the knock on effect is often the children are left to there own devices.

Quite how the UK claims to champion family life yet pays so poorly that half of all two parent families work full time. But that's not for now!

 

[angelic upstart]

The previous Tory chancellor spoke of sleepless nights worrying about servicing the national debt, index-linked gilts and the like, while inflation was at 3% or thereabouts.

With inflation at 10% and rising, this Tory chancellor cuts tax and increases borrowing and appears to sleep very soundly at night. Another swashbuckling proper Tory and Brexiter, just what the country needs right now.

There is no tax cut. There's no change to the personal allowance so you'll almost certainly pay more than if the allowance was raised by inflation. The allowance is stuck at 12570 for six more years so everyone will be paying loads more by then as inflation is considered high at present.

It's just a nice headline grabber for the newspapers.

 

[tavyred]

With inflation at 10% and rising, this Tory chancellor cuts tax and increases borrowing and appears to sleep very soundly at night. Another swashbuckling proper Tory and Brexiter, just what the country needs right now.

Inflation fell (slightly) last month and the winter energy cap will it is predicted knock 5% off inflation when it kicks in.

 

[angelic upstart]

The markets and pound (fairly predictably) fall with the "it's not a budget" budget news.

 

[Spanks]

Inflation fell (slightly) last month and the winter energy cap will it is predicted knock 5% off inflation when it kicks in.

Important to highlight that the 5% you mention isn't off today's rate of inflation... it'll stop it rising 5% on top of where it eventually finds itself.

 

[Hermann]

There is no tax cut. There's no change to the personal allowance so you'll almost certainly pay more than if the allowance was raised by inflation. The allowance is stuck at 12570 for six more years so everyone will be paying loads more by then as inflation is considered high at present.

It's just a nice headline grabber for the newspapers.

There is if you earn more than £150k.