Nervous/anxious/scared about the Autumn budget 2024

[Cartwrightandson]

I know that we don't know any details. We have read or heard bits that might be incorrect or just plain wrong. I also know we won't know anything until Wednesday when Rachel Reeves publishes/announces the contents of the budget...

But what we do know...it's the first labour budget for over 14 years, we've had a conservative government, austerity, brexit, covid and cost of living/interest rate increase meaning our economy is not in a good place.

Our services/infrastructure haven't had much needed investment for a long time.
Councils are practically bankrupt, some already are. Schools, housing, NHS, social care and economy are all struggling..to remedy this requires money and this will need to come from higher taxes.

There's a 19 billion pound black hole and Labour have already removed the winter fuel allowance, showing they are willing do things that are unpopular or possibly controversial..the Labour manifesto said it wouldn't increase taxes, but now they are saying they have to.

They've already allocated money for Ukraine, teachers, train drivers, junior doctors, NHS staff ect

Keir said people who don't 'work' for their income (shares/savings/landlord income) aren't classed as working people and will be taxed..

Basically this budget is going to need to raise taxes to pay for investment in services. That much we do know. But where the cuts and the tax increase will be is unknown. I don't think anyone will be 'better off'...

Possibilities.. (note these are not absolute, I could be very wrong)

Inheritance tax changes
Fuel duty increase
Income tax increase
Social housing rent increase
Benefit cuts
No free universal prescription for over 60s
Change to tax free allowance
Removal of help to buy, right to buy and alterations to stamp duty
Pension age to increase
State pension to decrease?
Tuition fees to increase
Tax free pension allowance to be reduced
Isa/bond/shares/investments taxed

Who really knows...but I think the labour comms are possibly leaking information so that we are being drip fed so when the budget does happen we already know and are braced/prepared for it.

Or what is being leaked about the budget is really bad but when the budget happens we are relieved it wasn't as bad the leaks hinted at. But it is still painful but we are more accepting because it's not as bad as it could have been...if that makes sense.

Again, inclusion is inclusion. You don’t get to pick the bits you like

They're the ones with the money. Have you not heard of the incentives for millionaires to move to Italy or Portugal, or Greece. Ten thousand high wealth individuals have already gone.

XenoBitch, did you see this, published today? It doesn't seem as though they will be slashing disability benefits or imposing sanctions? But obviously I understand your worries.

www.gov.uk/government/news/chancellor-we-will-build-a-britain-where-those-who-can-work-will-work

Yes, I saw it. I just see it as cutting benefits and sending people on courses tbh.

What makes you think illegal migrants are costing the taxpayer millions a day?

That's just a nonsense mantra, a bit like the trans women are women one.

No one believes that because it's not true.

Where so - called 'inclusion' harms women and children you most certainly do get to pick the bits you don't like. NHS policies that harm women and children do not have to be tax payer funded. Tax payers have the right to say no.

Do you really believe that the NHS should pander to a belief that some people are born wrong and that men who identify as trans should have more rights than women? And that tax payers should be funding this ideological belief?

Do you think? I honestly don't think they will slash benefits for the disabled and ill. But we will see. My DH is on ESA and PIP so I do know how worrying it is

Thanks. I guess we will just have to see what is announced. It is what it is.

So rainbow zebra crossings are a good use of tax payers money in a struggling NHS?

Because 'inclusion' we need to let the males know they are welcome to trample over women's rights in an NHS setting.

Mind blowing.

This. Better off doesn't just mean what's in our pocket. It means the state of the country too.

I'm shocked at the ignorance of posters thinking previous Govts have been throwing money at schools... Where does this absolute hogwash come from?! Schools are massively underfunded per capita in real terms compared to how they were in the last Labour govt.

Ditto the NHS.

Tories actively made immigration / asylum situation WAY worse too, by slowing down processing. So that's going to take a lot of cash to sort out.

It's odd how people are unaware and 'ROTFL' etc

Tories actively made immigration / asylum situation WAY worse too, by slowing down processing. So that's going to take a lot of cash to sort out.

Have you seen the figures lately?

The media missives are ramping up and up and up! The doom!!..

I think they are disgusting.
I've lived through 2006 crash, covid, Ukraine crisis and in dreading thid budget more than anything at any other time

We will tread lightly on your lives...

Yes. They’re the Tories’ figures. Processing was virtually non existent in the first half of the year.

@Garlicnaan way worse compared to what?.. Blair famously didn't do any counting in when we were hit by the working restrictions dropped period.

The humility and kindness of the "we will tread lightly on your lives" speech.

.

Are you aware people are crossing the channel in boats?

New polling today shows you are not alone @Christmaschristingle, these threads don't really show it

Someone else on another thread reckons they went to for pensioners to show how tough they are to people abroad? It beggars belief, it's what the mafia and ocg do!!

cardibach
the Tories were set to remove [the bus cap] completely

Not according to this;

June 2024

A plan to extend the £2 cap on bus fares in England have been announced in the Conservative manifesto.

The document commits to maintaining the scheme for the entirety of the next Parliament.

It stated this would benefit “young people and low-income households”, and would be funded by “reform of the railway which will save up to £1.5 billion annually”.

https://www.standard.co.uk/news/politics/london-tories-conservative-party-parliament-england-b1163628.html

Not illegal immigrants, no. By definition we don’t know the numbers and they don’t cost anything.

Just because someone on the other thread reckons that to be true doesn't actually mean that it is!

The pp used the term however it’s easy to understand what their post meant. you have already corrected in your post so you do know

The cost from channel crossings is high and increasing, and deaths are going up. Have you noticed?

Numbers are up and down month by month. It’s large.y weather dependent, as I’m sure you know.
The bigger issue is the backlog of assessment processing the Tories left.

Way worse than it needed to be.

By slowing down / defunding the processing of asylum seekers.

Leading to the many more overcrowded hotels etc full of them, and subsequently leading to more unrest.