Nervous/anxious/scared about the Autumn budget 2024

My memory is perfectly adequate.

Starmer was privately educated with a bursary/scholarship in sixth form - funded by the school/fee-paying parents. Surrey County Council only covered fees up to Year 11. Fee-paying girls were admitted to his school sixth form as well.

Plus if the Guardian can talk about the budget in less than glowing terms the pro Labour on mn will have to read some posts that don't align with their views. That's a public forum for you, I'm sure there are closed FB sites or whatever where it's all Labour.

https://www.theguardian.com/business/2024/oct/30/obr-budget-economic-growth-rachel-reeves-economy

Most farms are worth over 1 million because they own so much land for obvious reasons. When they are passed down to children - because that's how farming works in the main - the children will have to pay IHT on, say, a million pounds if the farm and land is worth 2 million. That would be 400k, which they can only raise by selling land. That land will probably be bought by developers.

I can post as I wish thanks.

And since the budget was today it's a bit pointless to wait for a few days when the threads are over. You can if you want if it means that much to you.

Talk of the devil. I've no issue with anti-labour sentiment when it's merited, it's just the incessant complaining has gotten really, really tiresome.

We've just had weeks of constant doom and gloom from your lot. Every single day, another thread about how this budget was going to be a catastrophe, cause a mass exodus, immediately destroy the economy and send the UK into a death spiral from which it would never recover.

In the end it wasn't that bad, certainly it hasn't illicited a trussenomics reaction from the markets, but instead of saying "oops we've got that one wrong", the gloom squad have instead become farming and estate planning experts (in under an hour) and are immediately back complaining again.

Take a day off.

All I've heard since 12:30 is about how farming will suffer. Can you explain how?

I know the budget has been frozen since 2014, which seems harsh but cannot be laid entirely at the feet of the current government.

IHT at 20% on property over £1000,000?

What else?

Well i guess he technically was - or at least he went to a private school, even if it was originally a grammar.

On here?

Can you link to that please?

You know as well as I do that Starmer wasn’t privately educated. We’ve gone over this time and time again and still you keep saying it. I don’t know if you think I have the memory of a goldfish or if you have. Perhaps you do it to provoke because you know it teases.

I live in the countryside and think the repercussions for farming are actually quite scary.

Who knew the Labour government would sell us out to the building companies.

For small businesses this will bite hard. It's not 1.2% on NI, it's 1.2% plus £615 for every staff member (the threshold drop is big) so for all but the very smallest this will have quite a noticeable impact

It will be especially bad for industries where staff are the majority of costs. Between that, min wage plus the changes to ssp etc I'd fully expect to see nursery fees jump another chunk for example

That's nice. Enjoy

Louise Haigh, Anneliese Dodds, Keir Starmer and John Healey attended private secondary schools and/or private sixth forms, Hilary Benn and Lisa Nandy attended private prep schools and David Lammy's state boarding school fees were funded by an ILEA scholarship.

Because I’m a Labour voter and you said yourself I’m apparently the only kind of poster who’s welcome.

Tbf I often wonder that about your posts quoting mine on every thread.

If that's the way you feel you could start a campaign about it.

I'm not sure many of us would object to this providing you followed through with your opt out completely and pledged never to use any infrastructure or services that benefits from government spending.

How come you’re here then?

We can't have anything not pro Labour on mn, terrible stuff.

No matter what Reeves announced today the tories were going to criticise it, and as sure as night follows day, the Tory prophets of doom arrive to parrot the latest HQ attack lines.

On a related note, isn't it astounding how all the six-figure earning, inheritance tax paying, private school using posters have suddenly been replaced by small business owning farmers in the last 6 hours or so?

The likes of Joseph Rowntree and Zachariah Pearson were happy to give their wealth to do this but it seems many now are very selfish. It isn't the fault of the children if that hot meal is the only one they get. A slightly embarrassing attitude to have I think. Don't you?

@GhosterPoster many farming families, including mine, rent.

@GhosterPoster I think the poster meant that in the UK democratic society we all pay for basic services through taxes. Nothing is free for anyone - even the homeless will pay tax on their alcohol unless stolen (if we’re buying into stereotypes). Higher wages gives opportunities, that’s where the choice comes in.

Where’s the free choice for higher earners not to pay for lower earners? For council tax discount, for UC, for free school meals, for childcare contributions?

There’s no free choice in the UK, you are correct in that regard.

Where's the 'free choice' for people on lower incomes?

People can still send their kids to private school, they simply have to pay more for it. Maybe they're not working hard enough if they can't afford it, eh? That's what the lower earners are always told anyway.