Am I the only one that thinks that the budget is good?!

It’s fair because those kids are the workers of the future and it does nobody any favours for them to grow up in poverty and privation.

Only because the tax rises have given her about £20 billion in headroom.

The markets don’t give a shit about whether the public are happy with the Budget.

the 2 child benefit cap is only lifted if you work. So those not working still wont get anything extra. One if the issues is the wage is not liveable and 0 hour contracts .

How is it fair that this Government is spending £3bn on boosting the incomes of around 560,000 families, by an average of £5,310 a year, through scrapping the two-child UC cap?

Why are you gutted about the ISA news? Surely if you are on a low income you aren't able to save more than £12000 a year into an ISA anyway so what difference will it make to you? If you are able to save more than £12000 a year then you aren't really what anyone would class as low income.

I’m with you OP. I’m a middle/high earner, lone parent of one child, pay a significant amount of tax, child benefit charge etc. - and actually feel like I’ve come out of this budget a) better than I expected and b) better than I probably should have done.

Im glad to see the two child cap scrapped, and would have been happy to pay a bit more tax if it had been needed to make it happen. Kids should never ever be the economic or political scapegoats for social and policy failures.

Up to you, centres are needed, so is money for kids

I have a problem with the way the 2 child cap has been removed, by wiping it out altogether in one sweep. There are something over 20,000 families whose income next year will rise by £14,000 (there are over half a million, the average rise will be over £5000.)

Poverty in this country is measured as relative poverty. That's not a million starving children, that's families struggling to make ends met compared with other families. A £14000 increase in one go is huge, and I would be happier to see it raised by one child every year or two and the amount saved by that given to the NHS meanwhile.

I don’t think you understand what the removal of the two child cap means. What rich families are receiving Universal Credit?

I agree OP. We’ll be a bit worse off, but we can afford it. I hate how selfish and entitled we have become as a country.

A good summary that I agree with.

I forgot about taxing property income. Sadly it will only hurt renters. Rent will increase and competition will increase because a lot of casual landlords will just sell up.

Or….. you are going without other stuff to prioritise your retirement.

Have you seen the amount that’s needed in a private pension pot for a decent retirement? Especially compared to the public sector (and I speak as one currently working in the public sector which has been a real eye opener).

How do you propose people save for their retirement? Or should everyone be reliant on the state a la Stalinist Russia?

again it’s not as simple as day to day lives, which will be impacted. Business either can’t afford the nmw increase on top of the NI increase last year, or simply won’t replace people, unemployment is already rising and is likely to get worse

how will that help ?

There are things I'd have liked to see in the budget that were not there. NI on pension contributions is a pretty minor change and doesnt come in for years anyway. There should have been bigger and faster changes.

Raising minimum wage is necessary but it is inflationary. Taxing property income will push up rents, also inflationary. I'd have liked to see more to cut inflation, removing the green levy is a start.

Isas are still too generous. Dont agree with removing the 2 child benefit limit, would have preferred more breakfast clubs.

Banks still making too much profit and government shouldnt be paying interest on reserve accounts at the BofE.

Not really a redistributive budget. Wont increase my tax bill as much as it should.

🤣🤣🤣

The one thing that annoys me is how working peiple over the threshold get treated when something happens.

DP got made redundant. Went to claim. Nah not eligible. Alexis earns too much. No. Actually my salary of £70k barely scraps us by. Well live within your means! But we did. The we got shafted by mortgage rates. Then we got shafted by all bills and food increasing. Its a joke. We have both worked all our lives and he isnt even entitled to free prescriptions because the best they will give is job seekers and thats contribution based.

We aren't on our asses yet but its the treatment of him losing his job and being told nah sorry cant help!

Im a Labour supporter.Always have been but they are making it more and more desirable to just not bother working anymore

As I said we didnt win or lose this time but it just fucks me off in general.

Although I am happy about pip face to face assessments.

Not really as the only growth we can expect is in the population.

Didn’t you watch the budget today? We did. One commentator talked about how disability and SEN costs had risen faster; but revenues had increased due to higher inflation and fiscal drag!

The worst off have been better off in every budget since 2011. This ironically is the only budget where apart from the child benefit cap going, they are not. But yeah, go for whatever interpretation of the facts fit your politics, or alternatively read the FT.

Yep

If OPs jumping 81 now she would have reached state retirement age in 2004/5. Anyone who started getting state pension before 2016 is on the old state pension which is maximum £176 per week. Only people reaching state pension age from 2016 onwards het New State Pension rate of £230 a week. If OPs mum is getting more than that the she is probably also getting the additional state pension or (SERPS). If she was never contracted out or only contracted out for.a very short time the she potentially has up to £220 a week coming in from that. For someone on old state pension with full SERPS can get around £389 a week maximum.

It's not child benefit, it's the UC part of child benefit. So only the lowest earners/people are eligible for it.

I don't even consider what we have now, as even a proper government. They should be ignored at every available opportunity.

None of it is joined up. Thats why it’s been called a smorgasbord. She’s just asked the Treasury geeks to come up with their fave ways to redistribute some cash from the ‘rich’ to the poor and called it a Budget.