Absolutely rinsed in this budget - almost £1k a year worse off.

I have a plug in hybrid.

How are they going to tell how many miles are done on electric and how many are done on petrol ?

I can see how they calculate this for full EV by reading the mileage at the MOT but for plug in hybrids it makes no sense.

She lied so she could go appease Labour MPs who are at odds with the general public. The public is in favour of two child benefit cap, the public is also in favour of cutting the scandalous benefits bill. Labour MPs, most of whom are just glorified activists and not the most fiscally aware people ever having run anything in real life, are for unlimited spending.

Labour MPs are looking to kick out Starmer and Reeves, which is well publicised. She did it to save her job. What she did is corruption.

£1000 a year is necessary to be able to afford to fix the roads, educate SEN children inclusively, take care of the elderly and all the other nice things we demand from our government. We've been demanding these services improve for decades and they haven't- so of course there will be some extra expenses to make this happen.

We're focusing solely on things like benefit cap (which no, I actually dont think should have been blanket lifted to be honest) but its about so much more than than.

What will take the piss is if the government get all this extra cash - then in 5 years time we dont see improvements made.

Im over the whole argument of national debt at this point - the Conservatives borrowed a tonne more money than Labor ever did.

It’s semantics though isn’t it - yes she did something she said she wouldn’t, whether you consider that a lie is up to you, but I wouldn’t. Things change, she’s not the first chancellor to change her mind on something.

Do you actually know what’s in the budget? Or are you just repeating the government line?

Billions of pound worth of increases in benefits. From lifting the two child benefit cap and abandoning welfare reform.

The tax rise were not needed. She lied so she could go for the tax rises to mist for benefits. She could have created the headroom without the tax rises based on the OBR forecast. The tax is for paying more in benefits.

That’s factually incorrect. It is on the record that OBR had told her she had a £4b surplus before she delivered the budget. She lied.

So if you believe she ‘lied’, for what purpose? To trick people into paying more for benefits? There’s no need to ‘lie’ to do that. I think you’re making it very cut and dried, when in fact politics is always messier - regardless of whether you agree with it. Obviously you don’t agree with the decisions and therefore you choose the worst possible interpretation.

To be honest I don’t know what the government line is, but I’d guess it’s ‘I didn’t lie’.

She did lie whether or not it’s about the black hole.

After the last budget there were to be no more tax rises. Not another £26bn.

Do you actually know what’s in the budget? Or are you just repeating the government line?

Billions of pound worth of increases in benefits. From lifting the two child benefit cap and abandoning welfare reform.

The tax rise were not needed. She lied so she could go for the tax rises to mist for benefits. She could have created the headroom without the tax rises based on the OBR forecast. The tax is for paying more in benefits.

Do you actually believe what you’ve written there?

ETA: as in, do you actually believe it to be that black and white, that she ‘lied’ so she could raise taxes? Or is it possibly a bit more woolly, and that those who will see a cost they resent from this budget will choose to see it as such? We’ll see from investigations but imo bigger headroom feels sensible, and the markets seem to agree.

None of which really responds to whether she ‘lied’ or not. Raising taxes is a calculated risk, there’s a good chance that these measures as well as the immigration changes will be popular in Reform areas. We’ll see.

Markets don’t vote people do, so we’ll see how the budget goes down in the next local elections.

Do you actually believe what you’ve written there?

ETA: as in, do you actually believe it to be that black and white, that she ‘lied’ so she could raise taxes? Or is it possibly a bit more woolly, and that those who will see a cost they resent from this budget will choose to see it as such? We’ll see from investigations but imo bigger headroom feels sensible, and the markets seem to agree.

About the £22b black hole, which it turns out is a £4bn surplus. She concocted a story about the black hole to raise taxes so she fools increase benefits.

What did she lie about?

What about increases in value due to extensions and improvements?

The UK hates people who've done well for themselves. People automatically think they don't deserve it, even if they made it through hard work, sacrifice and taking risks.

I have some family members who started off with a market stall selling clothes and built a business by working all hours every day into a multi million pound company, employing hundreds of people and paying millions in tax. in tax. But under Labour apparently it's not fair and they should be squeezed until they have no more than the average person. They sold their business a long time ago and I do hope they managed to find a tax efficient place for their money.

Who'd start a business in the UK?!

So OP is right after all.

She is paying more tax because Rachel Reeves lied to parliament and the country. I guess lying on her CV was just a little taste for what we get with her incompetence.

The UK hates people who've done well for themselves. People automatically think they don't deserve it, even if they made it through hard work, sacrifice and taking risks.

I have some family members who started off with a market stall selling clothes and built a business by working all hours every day into a multi million pound company, employing hundreds of people and paying millions in tax. in tax. But under Labour apparently it's not fair and they should be squeezed until they have no more than the average person. They sold their business a long time ago and I do hope they managed to find a tax efficient place for their money.

Who'd start a business in the UK?!

....& the OBR told her she had a 10billion black hole, 2 other economic think tanks told her it was 41billion.
the OBR also told her growth was 1% it was 1.5%, they have just had to re write their growth for the last decade or so, adding to fiscal woes.

A poster on here has made a career out of telling us all that Reeves has created a massive black hole of up to 50billion.....

Had Reeves left the headroom at 4.2 billion, gilts yields would have shot up and you'd be the first on here telling us all that she shouldn't have done that.

They'll now be 2 inquiries into her actions, lets see what they bring forth shall we?

Generally speaking, lots of corruption in Africa, Russia, China etc etc

What is so obscene about his wife's family being wealthy from running a successful technology company? Why is it so bad that his parents did well for themselves? Then he himself went out and did a good career.

And how did the family money come about? Through hard work. No benefits in East Africa. You work or starve.