Anyone watching the Budget 2024?

[LadyofRutshire]

I couldn't find a thread on today's budget. Anyone watching live?

It’s never been unusual- it was far more popular in the early naughties- had many friends go over to work in UAE and many work in Australia/ NZ / Singapore etc too. They love very young people in professions in which they have local shortages. That’s not new.

and after a small number of years they all came back to the uk, to buy houses and pay taxes for the rest of their lives. No biggie.

I think a lot of the braying, clapping etc is just part of the HoC tbh, and yes, there was a little of 'we won, you lost' but I think the general overall message was a fair one, without any massive surprises. The tax rises on businesses and the wealthiest were laid out with logic and fairness- it's not Labour who screwed up the economy after all.

The youngsters across the board have been screwed over by governments for years.
I honestly feel sorry for them.

It doesn't even have to be equal. There can still, if it's what you prefer, be people with a lot more than others. What's important is that everyone, including those with the least, have enough.

Scandinavian countries are generally acknowledged to have a better quality of life and are more contented societies than many other countries. But they're not socialist. They have a sort of mix - of socialism (strong welfare state) and free-market capitalism.

Staggering cost of losing doctors from the NHS revealed in BMA report
by BMA media team
Press release from the BMA

Location: UK Published: Tuesday 23 April 2024

"The cost to taxpayers of losing doctors early from the NHS at the current rate is as high as £2.4bn a year – and could rise to as much as £5bn a year if more is not done to retain doctors in the UK – a BMA report warns today.

Based on the 15,000 to 23,000 doctors estimated to have left the NHS prematurely in England between September 2022 and September 2023, the BMA estimates that the cost of replacing them and their expertise would be between £1.6bn and £2.4bn. Moreover, with rising numbers of doctors indicating they are taking steps to leave the profession, the BMA warns this figure could rise even further - underlining not just the huge loss of medical expertise in terms of NHS capacity and patient care, but also the vast expense to the public purse if action is not taken."

www.bma.org.uk/bma-media-centre/staggering-cost-of-losing-doctors-from-the-nhs-revealed-in-bma-report#:~:text=Based%20on%20the%2015%2C000%20to,bn%20and%20%C2%A32.4bn.

The youngsters across the board have been screwed over by governments for years.
Yes

I cannot quite get my head around what they've done to farmers.

Do they not understand or care about food?

It feels different these days with people emigrating somehow. People are just fed up generally with everything and can't see a future,
That's what I'm hearing anyway

What have they done?

Are you obsessed with doctors or something?!

and no, doctors are not leaving the uk due to taxation. Anyone who knew anything about it would agree with that.

I know a few doctors, none are poor and all come from comfortable backgrounds. I’m not too worried about them.

A few thousand more to transport their family on a £140,000 private jet trip from London to LA is hardly ‘teaching the rich a lesson’. Those likely to feel the impact of the rise in APD will be those much lower down the chain taking budget flights. If you want to alter behaviour in terms of climate change you would need to penalise private jets much more. If you want to ‘teach the rich a lesson’ then you need a back up plan for the business, wages and taxes they take with them as they take their private jet to another country.

@Gummybear23 they have made it so that farmers have to sell part of their farm to pay inheritance tax rather than leaving it to be farmed by their descendants.
I think this raises a bigger point about what we want our countryside to look like. Do we want food production on a big scale or to import food and use the land for leisure. The forestry commission near us has moved from pure wood production to expensive parking and a posh cafe.

Doctors are leaving the NHS because they can earn twice as much elsewhere and work civilised hours in well-equipped buildings that aren’t falling down. It’s got bugger all to do with taxation

I'm not obsessed with doctors, it's just extremely relevant when talking about the lack of material difference between untrained minimum wage work and entry level pay for someone who has already spent years in training and education. It's also relevant when talking about how poor pay and conditions result in people leaving the profession and leaving the country. All of this is relevant when taking into account public sector spending and taxation. And this thread is about the budget.

And they will be paying full whack for childcare and very high taxes
Which means a salary of £100k plus. You can't argue doctors are underpaid on one hand and on the other complain about a reduction in supports because they are highly paid. We all have our stresses and pinch points, many, many essential professions are struggling with recruitment and retention at the moment or have indeed for a long time.

Having pondered some more

I am happy with their spending plans. But I am concerned with the impact on prices, employment, businesses, and growth.

I would have personally preferred to have paid more tax as a higher earner (we have improved public services, covid and cost of living / war to pay for, as well as annoyingly Brexit and Truss) whereas I do believe that taxing businesses will impact everyone with higher prices and lower growth etc

Those talking about people working hard on minimum wage and having to choose between heating or buying shoes for their children. My answer is no hard worker should be on minimum wage for any length of time. There are always ways to progress if you are prepared to work hard. It requires strategic thinking which perhaps the government should be more supportive with but is always possible. Barring disability of course which can impact prospects.

It takes 20 people on 25k to pay the same income tax as 1 person on over 100k. If we have more people leaving or not entering the profession due to poor pay and conditions that creates even bigger problems.

The increase for those of us who occasionally get a short haul flight in economy is £2. TWO POUNDS.

Doctors are leaving the NHS because they can earn twice as much

taxation means they earn less.

I was thinking the same

There is a significant failure in joined up thinking going on .

I hated her stupid smug jokes tbh, and the caw caw from the front benches.

Still not sure what's improved for me personally. Nothing I don't think. Hopefully any future grandchildren will benefit from better state schools although I didn't hear much about education apart from building works which this government seem to be obsessed with

Here are the emmigration figures. The number of British born people, so those who are more likely to have degrees from English universities, who are leaving the country aren't increasing at all. In fact there's a marked downshift in that direction.

Yes I am most golden.

Plenty of other attractive countries for my fellow Geese… Portugal looks very attractive.