Another budget one. Sorry.

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I keep seeing posts about how this budget will be so bad for us all, am I the only one who won't be (personally) directly affected? Or at least, in a negative way?

I get the issues around businesses and NI but I am a civil servant.

I will get a pay rise! Yep, you read that right. I earn NMW so my wages will go up.

And I don't have a 'gold plated ' pension.

I totally get there will be a lot affected but I can't be the only one who benefits can I?

I don’t think that I will be directly affected in a negative way by the budget. It seems that business will be affected. With the increase in wage costs and increase in employer NICS payments.
However it did occur to me that where businesses are having their costs increased they will simply pass those costs on to us. Making it more expensive to do our weekly food shop. Concerned about whether there will be job losses in smaller businesses. Time will tell.

Brananan
Oh dear. Well, I suppose he can retire soon without losing face, if he's been working for 40 years.

Intends to go on as long as possible. Committed to public service. Had been asked to stay on beyond retirement.

I’ll give it one more go. Your expertise is?

DH’s cousin has 3 DC with autism, currently in an independent school because they can’t cope with mainstream education. They can’t afford the VAT increase.

I did see this, but I have no faith they will fully fund the NI increases in schools.

They never do.

Not to mention that TAs and support staff are still waiting for their increase from the last budget... Round here, you can make more working at Tesco.

Tories came in just after the banking crisis... Some of what they did was in response to that...(There was no money left remember?)

Sunak spent money supporting people through COVID. And Ukrainian fuel crisis. (But also trying to sort out the complete mess of Truss and Johnson and costs of Brexit )

Thatcher came in to sort out the complete cluster fuck of the Winter of Discontent.

Labour spent on hospitals but we are still paying in increased parking fees for PFI. Disabled kids go to hospital more often and less able to take public transport. That one hit us hard.

It will be the same with Labour.

Labour will fuck some things up, do some things right. Some people will benefit, some won't. There might be no money at the end of their term and the Tories will get the blame the next time they are in, even if it is Labours mismanagement or world wide economics . Or Labour might do well in a favourable world economy and we all end up better off.

It is never as simple as Labour good Conservatives bad. To be fair, I think many politicians go in to politics to try and make things better. None of them are going to have a perfect overview of the economy and understand that if they tweak this, that will happen.

Lots of the electorate are biased and think my party good, other party bad when it's usually a mixture of a bit of both and the other side comes up with some good stuff.

I will get a pay rise! Yep, you read that right. I earn NMW so my wages will go up

On paper it's excellent news. If you get to keep the hours you're on. Some companies like to jig things up a bit. Which can mean do the same job in less time or lay a person or 2 off and distribute the work amongst the rest. Been there.

Reading the right wing media's crazed response to the budget (and every breath Labour take) it's hard to believe they've had the brass neck to spend the last 8 years calling other people snowflakes and remoaners.

The venn diagram of people who said Labour thought there was a magic money tree and people who now don't want to pay their way is a perfect circle.

The impact on small businesses is huge, and they are the engine house of the economy. The impact on the private care market will also be huge, which will impact council care budgets and the NHS.

Expect prices to rise, along with unemployment. We will ALL be impacted.

I agree to a lot of things in this budget. I am retired and we were hoping to leave some of our pension to our children but really this was a fair cop! However, I do wish they hadn’t taken it all from NI. The cost to businesses is terrible and it seems we are not going to grow the economy after all.

I'm negatively impacted. Which I'm fine with, because of them trying to balacnce the books. However Family Farmers are potentially hit very hard. I;m dissappointed in that as there was no advice to farmers about how to restrict that impact.

It's nice we will be getting a payrise as I work in a school but the council tax is going to have to go up to pay for our pay rises. Inflation will go up businesses have to pass on costs to customers to pay their higher wages so no we are not going to be better off.

Lots of people who are well off bleating. Because their tory mates arent around to give them constant breaks any more. The money has to come from somewhere.

All you have to do to predict what will happen next is think of a sector of society that people are jealous of. Big house? OK, let's whack up council tax.

I've got a horse and I expect they'll bring in a hoof tax soon, can't have people riding around on horses when people need their benefits!

Wow - a thoughtful and well balanced post! Should go into the MN archives, doesnt happen often!

Come on BBC we.pay s huge TV licence why hasn't Laura been on yet asking Rachel what exactly she was talking about yesterday when it was suggested right to buy being stopped

Doing a rough calculation someone on nmw in a ft job will be £30 a week better off before tax but they'll work fewer hours before hitting the 12570 threshold

Brananan · Today 11:27
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All you have to do to predict what will happen next is think of a sector of society that people are jealous of. Big house? OK, let's whack up council tax.
I've got a horse and I expect they'll bring in a hoof tax soon, can't have people riding around on horses when people need their benefits!

So much self-interest on this thread.
What’s wrong with paying a bit more?

Has anyone else noticed that stamp duty is going up from 1 April for buyers of non-second homes (i.e. normal home buyers). Someone buying a house for £250k+ will pay an extra £2500 in stamp duty.

Currently the first £250k is exempt. From 1 April only first £125k is exempt.

@Autumnismyfavouritetimeofyear Ah, yes! Obviously, anyone living in a big house just stumbled across a magical money orchard, ripe for the picking. Meanwhile, they've got the stamina of giants, ready to shoulder everyone perfectly content with doing the bare minimum and never lifting a finger to improve their lot. Who needs ambition when you can just lean back and let others do all the heavy lifting, right?

Oh!

Touchy!

Can some post link to the farmers budget thread ? I accidentally hid it instead of watching it and now I can’t find it.
Thanks.

(There was no money left remember?)

Except there was. That was actually a very ill timed joke between two friends that was blown out of all proportion. (Liam Byrne's biggest regret in fact).

It is never as simple as Labour good Conservatives bad

I completely agree, and didn't ever propose that it was as simple as that. I merely pointed out about Brexshit, the Trussterfuck and 14 years of mismanagement. It is no wonder Sunak wanted to run away, screaming, with his fingers in his ears. It is a dire situation for any party to try and rectify.

I think the state of politics in this country is dire. If you read Rory Stewart's book (or listen to the audio book that he narrates), it will make you absolutely shudder. I have said repeatedly that the choice between Labour and Conservative is very much like choosing between syphilis or gonorrhoea.

One fun fact though, historically, the Conservative party have borrowed more and repaid less than Labour.

Ahhh, the old 'politics of envy' jibe.
Only 5 minutes ago people were moaning that Keir Starmer was a millionaire.
Now they're saying that millionaire Keir Starmer is taxing millionaires because he's jealous of millionaires.

The horse tax fantasy was possibly the fanciest stealth boast I've ever seen on MN.

No, not touchy. Tired of insults and accusations of being a liar because you and self-interested others like you just don’t agree.
We all live in a society. A society that has been slowly dismantled for 14 years. It’s time for those who can afford to pay a little bit more - despite their protestations that they can’t - to take their hit after having had it comparatively easy for quite some time.

Do you not see that’s only fair?

Everyone who shops in a supermarket will be affected, suppliers have to increase their wages as NMW goes up, they then pass the increase onto the retailer who then increases retail prices to keep their profit/margins the same.