Really impressed with the budget

[Fullrecoveryispossible]

I’ll give it to the chancellor. He delivered a bloody good budget today. Childcare reform (including increasing rates paid to providers by 30%) and 30 hours free for 1&2 year olds. Uk has avoided recession despite a global pandemic and Ukrainian war, more money on occupational health, plan to get more people into work

I agree,. Conservative Party members have been encouraged to post positively about the budget. Does nothing for my family.

They won’t be paying for the childcare in this Parliament, it won’t start until after the election so will be paid for by another government presumably of a different colour.

Dear Jeremy cHunt,
Would you work a shit job for shit money?

Exactly!!! And then the magical money tree can't find the time to reverse the £32bn track and trace write off.

I hate when OPs seed Mumsnet with pro-Government posts that suit an agenda, and not mums.

Not really a great budget. Feels like the opposite. It does not really help those struggling with the cost of living. And striking junior doctors or teachers get nothing. But yay mega rich people now have no limit on the amount they can put in their pensions. Plus the child care increasing only really helps people having kids in the future as it doesn’t start immediately. Those of us with school age kids already don’t get extra help. What about education? What about the NHS?

Same thoughts. I've reported the post because it smells of political seeding.

Precisely. This song covers it.

Child care reform - good, though child care pay set by govt still low, recruitment problems.

Recession - still only forecasts and only March, so could still happen. OBR forecast people will still be worse off in 2026 than were in 2008. Projected growth still lowest out of G7 economies.

Inflation - B of E predict will come down to 5%, current inflation baked in of course, meanwhile nothing on increasing pay in the public sector to inflation levels.

Pensions - some wealthier citizens effectively getting a bung, yes, will include doctors but the main problem in NHS is pay generally - of which in budget nada. Just read scrapping the lifetime allowance on pensions will deprive the Treasury of £835million a year by 2027-28 - for a reform expected to ensure around 15,000 more people are staying in work

Nothing to address taxing the super rich more to help with soaring levels of wealth inequality made even worse during pandemic.

Capital gains tax could be increased to rate of income tax, raising approx £10-15 billion annually.

Benefit sanctions being made even more stringent - bad, punitive, doesn’t work. Increase in chronically sick, long covid etc, fears more sick pushed to work when too sick.

It's not a great budget really.
As others have said the childcare provision is delayed until it's unlikely that they'll be dealing with it because they'll be out of government.
Nice for high earners that they've scrapped the lifetime pension allowance. I'd have preferred to see investment in medical staff via better bursaries for students and more medical school places.
Apart from that, what is there really for us? They still won't tax the energy companies properly so we have amongst the highest bills in Europe.

I think those will small kids have REALLY missed out, actually. My eldest is nearly 12, and we had so much in tax credits when they were at nursery - the fees were added to the form. It was so much help, I don’t think what is new in the budget is going to be anywhere near what it was.

It is not good at all for disabled people. It's basically removing the disability payment on UC and basically trying to starve people who cannot work, into work when it is not possible.

Employers are not supportive or flexible with people with disabilities and needs, especially those who's only options are lower paid jobs. That's just the reality, no matter what is trotted out. Seen it many times.

There will be more suicides.

But no one cares about those who cannot work.

Me too op. I think they’ve done well. Those decrying it would be dancing in the aisles if labour did it. Credit wher3 it’s due, it’s a good budget.

I don’t think Rishi has much going for him, but I think him and hunt are decent with the economy.

That's so they can claw the whole proposal back if they need/want to.

Ah just had a read and clearly missed the bit about it not starting until 2024, and also about higher earners. Can someone clarify, i am confused!

Not so great 30% would increase payments per child per hour to £5 - staff including quailed teachers would still only be in receipt of national minimum wage . Pressures of working on 1:5 ratios with toddlers ( imagine covering a lunch break for your colleague whilst feeding 10 toddlers, cleaning them up and putting them to nap ?) does that sound safe to you. In April business rates increase , these are based on the space within a building not financial profit or turn over, as with all of us the cost of essentials has increased these figures will shut settings. To boot the proposal for schools to provide wrap around care for all primary children 8am until 6pm ,did the government miss that teachers are striking due to demands of work loads it’s not going to happen , as people are neither going to enter early years or primary . This will be the destruction of Education . There is no such thing as free care or education unless of cause you expect the private industry to work for NOTHING, in challenging and proposed unsafe environments .

I think the Tories are really going for the women’s vote , other parties are watching. If the Tories don’t get womens vote with this , then all the parties will consign our issues including Sex and Gender to the bin, and get on with pleasing men as usual.

I'm not impressed tbh, the burning issues are hardly being tackled, are they? Childcare changes are so far off there's room for a billion Tory U-turns in the meantime.

Watching anything coming out of the house is alarming. They jeer, boo, shout, laugh at one another and attack the opposition, while real people’s lives, livelihoods, and the planet are at stake. They don’t seem to take themselves seriously, so why should we?

Perfectly sensible people let these people stay in power as ‘nothing I do will make a difference anyway’. That is what many perfectly sensible Germans said in the 30s too.

it’s a parliamentary system that doesn’t want to reform, to protect its own interest. In a society that is used to people higher up in society calling the shots. Why hasn’t there been a re election yet? How can such incompetence be tolerated? The party chooses the prime minister and government. If they are sacked, the party should go too. At least that’s how many more democratic systems work.

Todays budget is a consequence of the context. Not sustainable, courageous, long-term thinking.

I could not hate them more (well, I’ve no doubt I’ll hate them more tomorrow going on recent trends).

Don't say that too loudly, OP. People will accuse you of being a Tory lover! 😏

@ZooStation
agree, it's all a game to them, we (the people who do that work that keeps the wealthy in thier privileged positions) we are just pawns to be moved around so that they can make more profits for the rich & powerful

Exactly this. All my colleagues are extremely depressed at the news. Everyone thinks this is great for parents, no one has stopped to wonder where the staff are going to come from. Childcare providers can't get staff now, putting more pressure on the sector isn't going to help. Will they just increase ratios? Minimum wage, huge responsibility and the government want more. Not impressed at all.

Well it's true @taxpayer1 . Nursery workers have been thrown under the bus yet again. Expected to work on next ro minimum wage, now with extra kids and therefore extra responsibility. Nobody in their right mind will go into nursery work now. If they are mad enough to do so. Most of it is nappy changing, cleaning and endless paperwork.

Just seen your post @Rosebel .
I honestly think people are so deluded as to the state of nurseries right now. They are filled with unqualified and agency workers with a very high staff turnover. This news will drive even more people away. Parents are so pleased about this but for us workers, it is terrible news and we can all see where it is heading. To the point of the collapse of the whole nursery sector or a dumbing down of qualifications so just anybody can work in a nursery. Depressing either way.

‘Real household income, the best gauge of actual living standards, will fall by 5.7 per cent in the two year period between 2022 and 2024. It’s the largest fall since records began in 1956-7. Real living standards in 2027-28 will still be 0.4 per cent lower than they were before the pandemic. It is a vision of hopelessness – a glimpse into the long-term wretchedness we truly face.’
just read this!