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Budget 2012 explained: Live webchat with Mark Dampier, Head of Research at Hargreaves Lansdown, Wednesday 21 March 12.30-2pm

288 replies

AntoniaMumsnet · 19/03/2012 16:28

It's Budget day on Wednesday. What will happen to the 50p tax rate? Will we see a mansion tax? What about child benefit?

It could be a red letter day for your family finances. We are delighted to welcome Mark Dampier to Mumsnet for a live budget webchat. Mark is head of research at Hargreaves Lansdown, the independent financial adviser, and an all-round financial guru. He will be translating the Chancellor's statements as he makes them, and finding time to answer your comments.

Mark will be busy keeping an eye on Osborne, so please don't post questions about your own family finances here (we've got plans for a special Q&A about this later, see below). Do join us here at 12.30, when the fun begins.

Coming up: We've set up a Q&A with a panel of experts to take questions on your family finances after the Chancellor sits down.

Next week, Mumsnet favourite Alvin Hall will be in on Thursday 29 March for a live webchat on savings and investments.

It's all about the Money at Mumsnet HQ.....

OP posts:
MarkDampier · 21/03/2012 12:39

unemployment forecast to peak this year, heroic assumption in my view.

Lexilicious · 21/03/2012 12:41

fiscally neutral over 5 years assuming those forecasts are right - and they are what? pessimistic or optimistic? or average?

MarkDampier · 21/03/2012 12:42

still borrowing huge sums, and Royal Mail is NO windfall we and our children will be paying for it for years to come.

AntoniaMumsnet · 21/03/2012 12:43

The OBR's growth forecast has risen to 0.8 per cent. A rise, true, but the UK economy still looks stagnant...

OP posts:
Lexilicious · 21/03/2012 12:43

OOOOH! fuckity fuck - rolling state pension age review!!

MarkDampier · 21/03/2012 12:43

would be surprised to see inflation below 2% by end of year with petrol alone going up almost by the day

MarkDampier · 21/03/2012 12:44

@AntoniaMumsnet

The OBR's growth forecast has risen to 0.8 per cent. A rise, true, but the UK economy still looks stagnant...

need at least 2%GDP to get unemployment down

Haziedoll · 21/03/2012 12:44

I can't actually watch it because it makes me feel sick with nerves. Any announcements to do with cb and working families please post on here for me.

MarkDampier · 21/03/2012 12:45

interest rates are low cos our position is so bad

MarkDampier · 21/03/2012 12:46

Brown sold half our gold at $250oz

BoffinMum · 21/03/2012 12:47

Hazie, I am terrified too which is why it's manifested as anger. I am choking back tears.

AntoniaMumsnet · 21/03/2012 12:47

@Haziedoll

I can't actually watch it because it makes me feel sick with nerves. Any announcements to do with cb and working families please post on here for me.

Will do, Haziedoll.....

OP posts:
Lexilicious · 21/03/2012 12:47

He's not great at diction, is he.

hellokittyrules · 21/03/2012 12:48

agree i am waiting for cb news too so nervous they had better not leave it till the end!!

noddyholder · 21/03/2012 12:48

Poor old clegg he can't react at all

Doobydoo · 21/03/2012 12:49

Thought he said one of the banks was Voldemort!
So retire at approx 80!
Still can't believe they going down the buy property route

BoffinMum · 21/03/2012 12:49

I am supposed to be heading off to a lunch which will be full of baby boomers moaning about their pensions and so on. It will all I can do not to attack someone with a vol au vent, really, if they start banging on like they do usually.

MarkDampier · 21/03/2012 12:50

longevity linked state pension age confirmed

BoffinMum · 21/03/2012 12:50

They are so deliberately avoiding smiling and saying "I won that bit", aren't they???

Haziedoll · 21/03/2012 12:50

Thanks. Smile

Doobydoo · 21/03/2012 12:51

Can't see 'em listening to Rad.Glad I can't see them tbh

noddyholder · 21/03/2012 12:51

Thatcher light imo bloody right to buy is and was a disgrace.Encouraging people to get 95% mortgages for new builds which are notoriously risky is irresponsible.

MarkDampier · 21/03/2012 12:51

@BoffinMum

I am supposed to be heading off to a lunch which will be full of baby boomers moaning about their pensions and so on. It will all I can do not to attack someone with a vol au vent, really, if they start banging on like they do usually.

sorry I am a baby boomer!

Swed · 21/03/2012 12:51

From the budget: 2012 inflation forecast is 2.8% and down to 1.9% for next year and then 2% thereafter

As a saver, how do I protect my savings aganist inflation when interest rates are so low? I'm already fully invested in a (Hargreaves Landsdown Grin)equities ISA, but what else can I do if I may need access to my savings in next 5 years, say?

Doobydoo · 21/03/2012 12:52

Totally agree Noddy.

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