Anyone else nervous about Thursdays Autumn statement?

[EternalStench]

So many people are struggling as it is. Tax rises could be disastrous. I'm not looking forward to this.

My fear is public services; schools, pools, libraries etc.

Oh and a reduction in support for energy bills. I don't want a £4000 bill in April.

Nope - didn't even know about it til you said.

Stopped watching the news during covid. Was never a big watcher but used to sit down for the 5pm update. It was just doom and gloom.

Now I pick up snippets (on fb or at work) where people make a comment and if I think it will affect me or I'm interested I just look look that up. Send yourself round the bend following the news. It's also fabricated. They barely report on what's going on. Just what they want us to know/believe

Literally nothing we can do about it so pointless to worry.

Living standards are going back, like for like, to 1995. That is because we have been living on cheap money and low inflation for 27 years, but that is all changing now.

It is all very real, but we choose whether or not to get through this.

Nothing to be done about it.

I read a headline that said something like controlling inflation is more important than school budgets. It does sound like a public services are not going to be a priority.

Isn't it only higher earners who will be affected by the tax increase? Presumably someone on over £100k can afford a bit more tax?

I'm more concerned about public sector cuts - schools, social services etc.

The chancellor has said everyone has to pay more tax.
Although those in London who are on higher salaries, may struggle too.

I work in a school so am fairly nervous about cuts to budgets and the effect on my job as well as the overall effect on education quality and safeguarding children. Nothing we will be able to do though, the cynic in me suspects they will go pretty hard but it won't feel quite as crazy as the previous one so they think people will be more accepting of it. We will see.

Just spend less in the local economy. Money is a finite resource. Can't worry about local business need to feed, heat the kids first. House maintenance, cars, holidays.

Everything else can fall by the wayside.

Honestly if they cut from schools we will be hammering our MP's door down. We already pay shit load of tax. Our biggest usage is our kid's education at the moment.

A lot of tax payers have kids.

Fuck their education and they can jump we will find a way to pay less tax.

I think they're going to go for tax increases by stealth through freezing and/or cutting tax allowances - so they can claim they're not actually increasing tax. Similarly not actually cutting budgets as such for public services, but increasing by less than inflation so effectively a real terms cut.
Chances of them tackling tax avoidance, cutting loopholes that benefit their rich mates, and properly funding HMRC so that they can do something about tax evasion - probably about zero :(