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Thread 10 Starmer: First Female Chancellor delivers the Budget

1000 replies

DuncinToffee · 25/10/2024 17:50

Previous thread

https://www.mumsnet.com/talk/_chat/5178726-thread-9-starmer-return-to-westminster?page=40&reply=139304132

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57
newnamethanks · 31/10/2024 10:23

Day 1 of the Reeves budget and the sky has not fallen. How can this be?

Notonthestairs · 31/10/2024 10:27

I think I am in the minority because I haven't made my mind up about this budget yet. Pleased with some things (windfall tax, education) frustrated with a few others (fuel duty! fucks sakes - why even bother mentioning it, everyone is too scared to review it. And social care - what are going to do about social care.)

I think the reality is that we don't have enough detail to fully judge yet. eg The NHS funding for example needs to tally with the Spring NHS plan.
And I agree with @Alexandra2001 that there will be movement between the Budget proposals and the legislation.

I suppose I am reserving judgement because I think the outcome of the US election will actually have a more significant impact on our finances and future than our own Budget.

SerendipityJane · 31/10/2024 10:46

Notonthestairs · 30/10/2024 21:03

That's because the OBR haven't pulled any punches in outlining how much Brexit has damaged trade - and will continue to damage trade.

Anyone complaining about the Budget who also voted for Brexit can piss off
That goes for any moron that still believes in any Brexit bonuses/unicorns/moonbeams.

The majority of farmers and their communities voted for (and still back) Brexit.

Notonthestairs · 31/10/2024 10:54

'The majority of farmers and their communities voted for (and still back) Brexit.'

I think it was a pretty even split - much like the rest of the populace.

Notonthestairs · 31/10/2024 10:58

But yes anyone - either an original EGR following Brexiteer or a Johnny Come Lately Truss-ite need to put up or shut up.
A lot of this budget (not to mention the end of the One Nation Tories and Conservative party) is down to Brexit.

SerendipityJane · 31/10/2024 11:09

Notonthestairs · 31/10/2024 10:54

'The majority of farmers and their communities voted for (and still back) Brexit.'

I think it was a pretty even split - much like the rest of the populace.

Comment on this statement about the uk 2016 brexit referendum : "Statistically, most cities were majority remain. That means to balance it out and arrive at 52:48, rural areas would have to be predominantly leave."

ChatGPT said:
ChatGPT
The statement is generally accurate: in the 2016 Brexit referendum, most of the urban areas, particularly large cities, did indeed vote predominantly to remain in the EU. For example, London, Manchester, Bristol, and Edinburgh showed significant majorities in favor of remain. The overall result of 52% leave and 48% remain implies that a large number of rural areas and smaller towns had to lean strongly towards leave to counterbalance the urban remain vote.
Analysis of Voting Patterns:
Urban vs. Rural Divide:
Cities tend to be more diverse, with younger populations and higher levels of education, factors associated with remain voting patterns.
Rural areas and smaller towns, on the other hand, were more likely to vote leave, often influenced by concerns about issues like immigration, economic inequality, and perceived EU overreach.
Regional Patterns:
Scotland and Northern Ireland had strong remain majorities.
England and Wales were more divided, with rural regions such as Lincolnshire, Norfolk, Cornwall, and the Midlands showing strong leave support.
Demographic Influence:
The referendum highlighted demographic contrasts where older voters, often living in less urbanized areas, tended to vote leave, while younger, more urbanized voters leaned remain.
Conclusion:
The overall 52:48 split reflects the concentration of leave votes in rural and smaller communities balancing out the urban remain vote. This urban-rural divide has since been noted as a key feature in the political landscape surrounding Brexit.

cardibach · 31/10/2024 11:11

I did the Sky budget calculator. I had to guess a bit on fuel consumption and wine intake, but apparently I’ll be £19.61 worse off over the year. However will I cope!
Though it didn’t ask what sort of pension I’m on - it’s public sector so will increase in April. So looks like I’ll be better off…

BIossomtoes · 31/10/2024 11:15

cardibach · 31/10/2024 11:11

I did the Sky budget calculator. I had to guess a bit on fuel consumption and wine intake, but apparently I’ll be £19.61 worse off over the year. However will I cope!
Though it didn’t ask what sort of pension I’m on - it’s public sector so will increase in April. So looks like I’ll be better off…

Apparently we’re going to be £6.81 worse off. I think we can live with that!

SerendipityJane · 31/10/2024 11:23

BIossomtoes · 31/10/2024 11:15

Apparently we’re going to be £6.81 worse off. I think we can live with that!

I never tire of this truism:

"I pay my taxes. They buy me civilisation".

anyone with a hint of intelligence knows the survival of the richest landscape the Trussters of this life would pursue will lead to society reverting to a collection of robber barons riding roughshod over their own - and others - poor and vulnerable.

Alwaystired94 · 31/10/2024 11:28

cardibach · 31/10/2024 11:11

I did the Sky budget calculator. I had to guess a bit on fuel consumption and wine intake, but apparently I’ll be £19.61 worse off over the year. However will I cope!
Though it didn’t ask what sort of pension I’m on - it’s public sector so will increase in April. So looks like I’ll be better off…

apparently i'm exactly the same! well, i don't drive or drink so i guess it makes sense lol

Notonthestairs · 31/10/2024 11:29

"anyone with a hint of intelligence knows the survival of the richest landscape the Trussters of this life would pursue will lead to society reverting to a collection of robber barons riding roughshod over their own - and others - poor and vulnerable."

Agree. Which is why I have an eye on the IEA/Neil Record's support for Badenoch.

Fluffy24 · 31/10/2024 11:43

Has the increased stamp duty for home purchases of £125k + been picked up? An extra 2% SDLT band applies from 1 April and we move from first £250k being exempt to only first £125k being exempt. I know RR mentioned SDLT on second homes but didn't appear to mention the new SDLT on normal home buyers.

SerendipityJane · 31/10/2024 11:48

Notonthestairs · 31/10/2024 11:29

"anyone with a hint of intelligence knows the survival of the richest landscape the Trussters of this life would pursue will lead to society reverting to a collection of robber barons riding roughshod over their own - and others - poor and vulnerable."

Agree. Which is why I have an eye on the IEA/Neil Record's support for Badenoch.

I really wouldn't invest too much effort at the moment.

The way the Tories have allowed this contest to proceed has guaranteed that whoever "wins" will immediately have to face the contingent that lost. Unless you can see teams Jenrick and Badenoch having some sort of creepy love-in. Eventually one will have to fight it out with the other.

newnamethanks · 31/10/2024 11:51

Well. It is Halloween after all. 🎃 👻

OP posts:
cardibach · 31/10/2024 12:05

Fluffy24 · 31/10/2024 11:43

Has the increased stamp duty for home purchases of £125k + been picked up? An extra 2% SDLT band applies from 1 April and we move from first £250k being exempt to only first £125k being exempt. I know RR mentioned SDLT on second homes but didn't appear to mention the new SDLT on normal home buyers.

Martin Lewis mentions it. There was a planned drop in thresholds next April which hasn’t been changed, so it does drop to £125k, but £300k for first time buyers - so most of those won’t be affected.

DuncinToffee · 31/10/2024 12:08

Ofcom fines GB News £100,000 over impartiality.

Ofcom has fined GB News £100,000 for breaking impartiality rules with a programme featuring the former Prime Minister Rishi Sunak.

OP posts:
Notonthestairs · 31/10/2024 12:09

DuncinToffee · 31/10/2024 12:04

I don't think farmers are being helped by the likes of Clarkson who boasted about buying a farm in order to avoid paying 'death tax'

A more reasonable take

https://threadreaderapp.com/thread/1851904924306591956.html

Interesting thread.

itsgettingweird · 31/10/2024 12:25

I haven't had a chance to catch up much on general news today.

What is a Martin Lewis overall take of the budget?

Also what's this sky budget calculator? I'd like to find out how much richer or poorer I'll be? I'm getting a £1.2k rise backdated from April in December so I'll be better off anyway plus I get the natural step rise next April so I would hope I'd be better off 🤔😂

ilovesooty · 31/10/2024 12:49

Did anyone hear Robert Jenrick on the radio this morning saying "Rachel Reeves is a compulsive liar"?

Alwaystired94 · 31/10/2024 12:52

ilovesooty · 31/10/2024 12:49

Did anyone hear Robert Jenrick on the radio this morning saying "Rachel Reeves is a compulsive liar"?

i just saw that on another thread (think you were on it) and really, the lack of self awareness is astounding,

DuncinToffee · 31/10/2024 13:05

Notonthestairs · 31/10/2024 12:09

Interesting thread.

Dan Neidle has a similar thread

https://x.com/DanNeidle/status/1851956384167776598

OP posts:
DuncinToffee · 31/10/2024 13:07

ilovesooty · 31/10/2024 12:49

Did anyone hear Robert Jenrick on the radio this morning saying "Rachel Reeves is a compulsive liar"?

Ballots close at midnight today I think

I read somewhere that Jenrick wasn't in attendance yesterday but not sure that it true.

OP posts:
newnamethanks · 31/10/2024 13:10

@ilovesooty Just seen him on TV saying exactly that, followed by a Kemibabble. I heartily wish they both get all they deserve.

itsgettingweird · 31/10/2024 13:17

ilovesooty · 31/10/2024 12:49

Did anyone hear Robert Jenrick on the radio this morning saying "Rachel Reeves is a compulsive liar"?

Just saw it on BBC news. How he said that with a straight face is beyond me 😂

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