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Really impressed with the budget

437 replies

Fullrecoveryispossible · 15/03/2023 13:34

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

OP posts:
MarshaBradyo · 15/03/2023 19:06

BashirWithTheGoodBeard · 15/03/2023 18:57

The Tories aren't actually going to be in power in 2025, in any case. Maybe the first couple of weeks of it if they delay the GE until the last possible moment.

Does this mean it goes ahead or not?

CRWP · 15/03/2023 19:09

Whatever some families get in free childcare they will have lost in the tax thresholds being frozen when inflation is so high

The IFS review showed standards of living and wealth will decline this year and next

Ndhdiwntbsivnwg · 15/03/2023 19:18

But the trains won’t run because of the strikes 😂

MojoDaysxx · 15/03/2023 19:20

Where's the £350m a week for the NHS, which was promised when we left the EU? Did it happen - no.

These Tories jokers have left our hospitals on its knees instead.

Does anyone actually believe their promises to do anything, except line the pockets of the rich.

Happygirl79 · 15/03/2023 19:22

Pliudev · 15/03/2023 19:04

I knew folks would be along saying this. The Tories are desperate and will somehow find the funds to convince voters they are all good, caring public servants. No, they are not. They have destroyed the economy, bungled the response to Covid, are dismantling the NHS and the BBC, conned us out of Europe and lined the pockets of their cronies, the undeserving rich, I could go on but won't. They have brought the country to its knees and made us a worldwide laughing stock. And now they are the nice guys? I don't think so.

You are so right!

Barannca · 15/03/2023 19:24

f if our baby would be 6 months old by September 2024, do you know if we can then claim the 15 hour free hours at that point, or have we missed the deadline? So would that be 6 months of full childcare fees and the remaining would be subsidised with the childcare 15 hour help?
No, if this policy is ever implemented (and I think that is a big if)
from September 2024 if both parents are in work and neither earn over 100k they can get 15 hours funded childcare,
from September 2025 if you have a child over 9 months you can will get 30 funded hours.

Cheeseandhoney · 15/03/2023 19:25

Artisticpaint · 15/03/2023 18:00

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.

Agree, but it can’t be ignored there is a lot of women who don’t wish to work. Small percentage, but still a lot in absolute. Taking away the reason not to work, is always going to be complex.

Middleagedspreadisreal · 15/03/2023 19:27

Oh my god, he's completely taken you in hook, line & sinker hasn't he??? Read and digest the REST of the budget, not just the bit that jumps out at you. Jeez

BashirWithTheGoodBeard · 15/03/2023 19:27

MarshaBradyo · 15/03/2023 19:06

Does this mean it goes ahead or not?

Couldn't tell you, especially without knowing whether they manage to go the full term or not. Just to add to the uncertainty.

Mummybud · 15/03/2023 19:29

ShirleyPhallus · 15/03/2023 13:44

30 hours free for 1&2 year olds

for some 1&2 year olds. Higher earners don’t get anything.

Read the swipey bit of this article from Martin Lewis. They got rid of the £100k threshold, they just didn’t mention it. Higher earners will benefit.

www.moneysavingexpert.com/news/2023/03/chancellor-boosts-funded-childcare-places-for-one-and-two-year-o/

Mummybud · 15/03/2023 19:33

Jeremy Hunt said “all children” about a hundred times, but no one seemed to notice.

SheilaFentiman · 15/03/2023 19:40

It does say ALL but it also says “the people who will benefit most are eligible parents of children who are born from December 2024 onwards”

GoodChat · 15/03/2023 19:44

Mummybud · 15/03/2023 19:33

Jeremy Hunt said “all children” about a hundred times, but no one seemed to notice.

But he also said it's households where the parents work.

TmFid · 15/03/2023 19:45

Exactly this. It’s awful for most people! The very well to do yet again benefit from this parasitic government. Hunt wants to increase the lifetime allowance for pension savings up to £1.8m. Nothing for basic rate, so this amounts to yet another tax break for the RICH! Bearing in mind that even 98% of 40% taxpayers don't have close to £1m in a pension, it equals to zero benefits for the majority. He’s done nothing for 27.2m basic rate tax payers or 21m adults earning less than £12,570.
Massive increase in inequalities. He’s also frozen the personal tax allowance. With inflation at 8.8% this means in real terms he has cut your personal tax allowance by £1,100.
That tax rise starts in April! As for the energy price freeze - bear in mind it’s already double what it was this time last year and we are supposed to be grateful it hasn’t gone up yet again yet? It should be restored to let year’s price, given energy companies are drowning on profit! You have to be mega wealthy or deluded to think this budget will improve your personal circumstance. Tories remain utter, corrupt, greedy lying scum.

taxpayer1 · 15/03/2023 19:52

Cheeseandhoney · 15/03/2023 19:25

Agree, but it can’t be ignored there is a lot of women who don’t wish to work. Small percentage, but still a lot in absolute. Taking away the reason not to work, is always going to be complex.

Finally, someone telling the truth!

SheilaFentiman · 15/03/2023 19:52

“Hunt wants to increase the lifetime allowance for pension savings up to £1.8m.”

it’s not pension savings, it’s pension value.

defined benefit pensions are valued at something like 20x the salary that will be paid which is why doctors with a lifetime of contributions are falling foul of it.

NeverDropYourMooncup · 15/03/2023 19:54

Crikeyalmighty · 15/03/2023 14:11

A very crafty move as it possibly won't be on their watch

It's future faking. Everybody well the less cynical gushes on about how wonderful the Tories are for doing this, but they don't actually have to put any money into making it happen - either Labour are in and realise it's unfeasible or they get back in and can change their minds.

CKL987 · 15/03/2023 19:57

According to the ONS 3.2 million people will be moving into the basic tax rate band and 2.1m into the higher rate tax band. So they will be poorer. But that doesn't matter because they've got rid of the pension lifetime allowance for the rich, which will reduce their tax burden and allow them more tax free savings. They've also increased the annual pension allowance meaning more tax free saving opportunities for the rich. The best part is that pension death benefits are tax free, so less inheritance tax for the rich after they pile their money into pensions. Definitely a budget for the people!!! I will give them points for the increased childcare plans though.

Myotherusernamesafunnyone · 15/03/2023 19:57

katmarie · 15/03/2023 13:53

I'm not that impressed to be honest.

He's passed the buck on a lot of the childcare stuff. By the time it's implemented we will be well past the general election. He can say what he likes now, knowing full well that it will be in Labour's hands to deliver. Anyone who has a child over the age of 1 now will likely get limited benefit from it, although might still suffer the detriment of the relaxed ratios in childcare.

He's found eleven billion pounds extra to plough into defence spending, yet barely a mention of the NHS or schools funding, other than childcare related. Our education and health services are on their knees. Likewise nothing about the courts services, which are also struggling horrendously.

TBH the mentions of stronger sanctions for people on UC and separating benefits entitlement from ability to work also make me very nervous.

This

purplebunny2012 · 15/03/2023 19:58

BramleyAppleHotCrossBun · 15/03/2023 13:43

lol

It has 'given' my family, and thousands like us, absolutely nothing.

Not everyone has children under 5.

Yep, may as well have not had a budget. No movement whatsoever on minimum earnings for tax, meaning we're losing pay as coats are still going up.

Apart from a tiny increase in child benefit, I don't remember the last time this government made anything easier for my family. Had my child before any kind of free childcare and he goes to secondary in September

Myotherusernamesafunnyone · 15/03/2023 19:59

Rosula · 15/03/2023 13:54

Any danger of reasonable funding for the education, health, police and justice systems? Or are we still going to have to deal with falling down schools, hospitals, courts and prisons?

And this

purplebunny2012 · 15/03/2023 19:59

Costs, not coats!

OuiLaLa · 15/03/2023 20:02

yeah, it’s a terrible budget which I think is designed to try and shoot down the very popular labour policies on childcare. I’m glad so many have seen through this. Where is the nhs and schools cash then?!

we see the tories announcing stuff to ‘bite’ after this parliament all the time. Do they think we are all thick?

very little benefit for me. I have a nine month old and he will get the thirty hours free at the time he would have got it anyway. So we are amongst the last people not getting a decent subsidy for childcare costs. Not a great place to be.

oh and I’m sure nurseries will have to reduce ratios to compete so we will get less good care for all our money. We will see.

GoodChat · 15/03/2023 20:03

purplebunny2012 · 15/03/2023 19:59

Costs, not coats!

Although losing coats when you can't afford to put your heating on is a pain in the arse too Grin

oosha · 15/03/2023 20:03

I thought it was all a load of unhelpful crap to be honest.