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AIBU?

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Original poster

Another budget one. Sorry.

307 replies

photodiva · 31/10/2024 09:03

I keep seeing posts about how this budget will be so bad for us all, am I the only one who won't be (personally) directly affected? Or at least, in a negative way?

I get the issues around businesses and NI but I am a civil servant.

I will get a pay rise! Yep, you read that right. I earn NMW so my wages will go up.

And I don't have a 'gold plated ' pension.

I totally get there will be a lot affected but I can't be the only one who benefits can I?

OP posts:
senua · 31/10/2024 09:09

I will get a pay rise!
But your costs will go up even more. Who do you think will pay for the increase in NMW, in National Insurance, in the benefits bill as people get laid off, etc.
This is not a Budget for growth.

ShouldIJustKeepChangingTables · 31/10/2024 09:09

I’ll be a bit disadvantaged, which feels about right given our living circumstances, and certainly nothing like after Kwarteng’s ‘not perfect’ mini budget, which added an extra £400 of mortgage costs a month to our living expenses.

some of the budget threads have blown my mind a bit - it’s like the OPs and their supporters were expecting a budget that would address every social ill and personally benefit every single individual at no personal cost to anyone 🤔it’s not rocket science to recognise the parlous state of our public services and (surely) to then acknowledge that money was going to need to be found from somewhere to address them, otherwise we’re only heading in one direction. I think RR has actually done a pretty good job at sharing the pain tbh.

ChardonnaysBeastlyCat · 31/10/2024 09:08

photodiva · 31/10/2024 09:03

I keep seeing posts about how this budget will be so bad for us all, am I the only one who won't be (personally) directly affected? Or at least, in a negative way?

I get the issues around businesses and NI but I am a civil servant.

I will get a pay rise! Yep, you read that right. I earn NMW so my wages will go up.

And I don't have a 'gold plated ' pension.

I totally get there will be a lot affected but I can't be the only one who benefits can I?

You will be affected. It just won’t appear on your payslip.

Businesses be passing on the increase on the customers.

ViciousCurrentBun · 31/10/2024 09:08

Many businesses will pass on the cost, they are a business after all so you will pay indirectly. Plus if some small businesses go under then less competitors could mean a captive market. Or they may cut staff so the level of service could fall.

IHT on farms, on paper a farmer can have 3 million but it’s in acres of land. They don’t have say 500k in cash in an account so can not pay the IHT on death. Farming is not like any other job. That is a threat to food security. We have been importing food for a long time. Any issue with the food supply chain such as a war can have huge implications if we are less capable of producing food.

Shoxfordian · 31/10/2024 09:06

It doesn't make much difference to me either

Barney16 · 31/10/2024 09:06

Mostly the heavy lifting is being done by business.

MeMyCatsAndI · 31/10/2024 09:05

It's not that bad, it's mainly the upper classes getting taxed & those who attend private schools will need to pay more.

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