A more balanced, less partisan analysis of the Spring budget statement. Some relatively good, & some not so great news.
https://www.instituteforgovernment.org.uk/comment/rachel-reeves-spring-statement
#RachelReeves
#OBR
#UKpolitics
#SpringStatement
#springbudget
#obrforecast
#UKpol
#UKeconomy
#fiscalrules
The #springbudget is so god damn depressing. Reducing foreign aid & how far benefits go. How is this any different to the 14 years of Tory rule they’ve been trying to distance themselves from?
I don’t care if it’s just at a local or devolved level, you just aren’t defending a left wing party any more & Neil Findlay leaving #Labour was just the start.
If any Labour member feels that they have even a shred of morality left, they’ll abandon the party that abandoned the working class. #redtories
I see Rachel Reeves thinks she can raise an extra £2bn (which in the scheme of things is not that much) from (enhanced?) tax compliance measures.... the Q. is whether cuts out the civil service (at the HMRC) make an enhancement of tax enforcement feasible, or whether this yet more fantasy economics?
If she cuts back at HMRC it'll just be more long-hanging fruit in the compliance Dept. & no real attention to catch the big (but clever) tax dodgers!
"how can #politicians tell voters the truth about what may have to change, if #voters don’t understand the basics of how things work at the moment?"
#taxpolicy
#taxes
#economy
#springbudget
#UKpol
#understandingtaxes
#polling
#pollinglimitations
#taxrises
UK gilt yields surge as February's public sector deficit of £10.7 billion far exceeds expectations, raising concerns about fiscal targets ahead of the Spring Budget presentation.
#YonhapInfomax #UKGiltYields #PublicSectorDeficit #OfficeBudgetResponsibility #FiscalTargets #SpringBudget #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55199
“No political mantra, no tech-bro fantasy, no alluring macroeconomic ideology has stemmed the persistent decline of #EconomicGrowth. Let alone reversed it. To all intents and purposes, we are already living in a #postgrowth world…It may seem unthinkable, but what we need is a chancellor who is prepared to declare that the emperor is naked. That the god of growth is no longer listening to our prayers.”—@ProfTimJackson for
The New Statesman
→ https://www.newstatesman.com/spotlight/economic-growth/2025/03/calling-for-growth-is-not-the-same-as-delivering-it #SpringBudget #TheCareEconomy
#兩邊走走｜編輯推介｜英財相「手緊」優惠無幾，預算案「少甜」選票難挽
大選前預算案不似預期。
去年的秋季聲明（Autumn Statement）提出，削減國民保險供款（National Insurance Contribution） 兩個百分點，而在今次預算案中，就再減兩個百分點，一般僱員只需要付8%，下個月生效，預計有2千7百萬人受惠。
今次預算案宣布的措施還包括，個人免稅儲蓄戶口ISA，由每年£20000，額外增加£5000，但就有投資英國相關產品的規定﹐另一項值得留意的措施，是侯俊偉取消購買多過一個物業的稅務優惠，但同時將資產增值稅，由目前28%減至24%，希望增加物業交投量和印花稅收入。不少傳媒分析都指，今次預算案向選民拉票意願不大，預計執政保守黨不會在上半年宣布大選。想知預算還有甚麼措施及外界反應，請收看EP85《兩邊走走》的編輯推介。
🎬 到 YouTube / IG Story 按連結收看
#springbudget #autumnstatement #預...
https://www.instagram.com/p/C4aPpKMKrIl/
Today's Tory #SpringBudget continues their 14 year record of austerity for public services, cuts for the Scottish budget, and handouts for their wealthy friends.
The most positive thing about it is that it will surely be their last.
https://greens.scot/news/tory-budget-a-disaster-for-scotland
Spring Budget 2023: What It Means For Small Businesses: https://lttr.ai/AIeOK
Nothing in the #SpringBudget will fix our broken energy system.
While keeping the #Energy Price Guarantee is welcome, millions of households are already living in fuel poverty - & bills are still going up.
Join us and @ThisWinterUK to demand better.
https://www.warmthiswinter.org.uk/mass-lobby?utm_campaign=mass_lobby&utm_source=twitter&utm_medium=tweet&utm_content=spring_budget_1
RT from Enable Magazine (@EnableMagazine)
Following the Chancellor's #SpringBudget, disabled people's organisations are reacting to changes to disability benefits and Universal Credit. Read what @sensecharity @unitedresponse @mssocietyuk and more are saying as they share their concerns ➡️http://enablemagazine.co.uk/disabled-peoples-organisations-react-to-the-spring-budget/
"100% capital allowances on qualifying plant and machinery investments."
*heads to apple.com/uk*
🔴 NEW: The UK will not enter a technical recession this year according to the Office for Budget Responsibility forecast, Jeremy Hunt said.
The Office for Budget Responsibility forecasts inflation to fall from 10.7% last year to 2.9% by the end of the year, Jeremy Hunt said.
#UK #News #Politics #Budget2023 #SpringBudget #Economy
📲 Follow live here - https://www.nationalworld.com/money/budget-2023-live-jeremy-hunt-pension-energy-support-announcements-spring-statement-4064467
Quiz: Name the Tory MP
Extra points if you post a picture of him with a #seagull on his head.
#torymp #tories #stokeOnTrent #gtto #budget #springBudget #pmqs #quiz #puzzle #JonathanGullis #jonathangullisMp
💼 Jeremy Hunt is set to deliver his first Spring Budget as Chancellor
Hunt is expected to make significant announcements on pensions, alcohol duty and energy support when he reveals the government's fiscal policies at 12.30pm today. He is also expected to announce 30 hours of free childcare for one and two-year-olds.
🤔 What would you like to see? Tell us in the comments below...
🔴 LIVE: Jeremy Hunt is announcing his first Spring Budget as Chancellor.
Jeremy Hunt is set to deliver his first Spring Budget as Chancellor, with inflation and the cost of living crisis still raging.
#UK #News #Politics #Budget #SpringBudget #Chancellor
📲 Follow live here - https://www.nationalworld.com/money/budget-2023-live-jeremy-hunt-pension-energy-support-announcements-spring-statement-4064467
💷 Pensions boost as Jeremy Hunt set to raise tax-free allowance in Budget
The Chancellor is understood to be looking to increase the lifetime pension allowance to bolster the UK’s workforce
Many disabled people, including autistic people, need #SocialCare to help them to go to work, socialise, and do the things they enjoy. Too many are not getting what they deserve. The Chancellor must act now. Read more from @candsalliance 👉 http://careandsupportalliance.com/spring-budget-2023/ #SpringBudget
It won't happen until the Spring budget and the 2023 election is in May. Will it happen at all? I dunno'
Alberta finance minister says legislation coming to re-index taxes, benefits - AlbertaPrimeTimes.com https://www.albertaprimetimes.com/calgary-news/alberta-finance-minister-says-legislation-coming-to-re-index-taxes-benefits-6107829 #AISH #SpringBudget #re-index #abpoli
