This governments shenanigans

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Richard Frost
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Re: This governments shenanigans

Post by Richard Frost » Thu Nov 23 2023 4:41pm

Just saw this which I found interesting "Smoke & Bells"

https://www.bbc.co.uk/news/business-67505811
In Wednesday's Autumn Statement, Mr Hunt said he would cut National Insurance from 12% to 10% from January, at a cost of £10bn.

He also extended or made permanent several tax breaks for business.

But the Institute for Fiscal Studies (IFS) said the chancellor was able to do this because he had not increased spending on public services.

When factoring in rising prices, that meant that unprotected departments would face budget cuts of more than £20bn by 2027-28.

"Put another way, the tax cuts are paid for by planned real cuts in public service spending," IFS director Paul Johnson said.
"We've seen councils in financial difficulty, maybe we'll see more of that. We've seen quality of service in prisons and the court system deteriorate, maybe there will be more of that," said Ben Zaranko, a senior research economist at the IFS.

The Resolution Foundation, which campaigns for better living standards for those on low and middle incomes, came to a broadly similar conclusion and called the plans "implausible".

"The idea that there is as much scope to cut spending today as there was in 2010, given the deterioration of public services is far-fetched," it said.

'Tax-cutting rhetoric'
The think tank also said the government would set a "grim" new record for living standards going down in this parliament.

It said that despite the "tax-cutting rhetoric" of the Autumn Statement, there had already been £90bn of tax rises announced by the government - so taxes would rise by the equivalent of £4,300 per household between 2019-20 and 2028-29.

It added that people's purchasing power had been stagnating for 20 years, and that recent pay rises just reflected the reality of rising prices.

By the end of this parliament, it expects households to be £1,900 worse off than they were at the start.

On Wednesday, the Office for Budget Responsibility (OBR), the government's economic forecaster, said that the UK's tax burden was going up "to its highest level in the post-war era".
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Re: This governments shenanigans

Post by macliam » Fri Nov 24 2023 10:43am

Tories funding bribes by cutting public services.

Hardly new, eh Richboy?
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Re: This governments shenanigans

Post by Richard Frost » Fri Nov 24 2023 11:09am

macliam wrote:
Fri Nov 24 2023 10:43am
Tories funding bribes by cutting public services.

Hardly new, eh Richboy?
Their popularity in the polls went up by 4% following the statement. Still a long way to go to catch up. Expect more bribes in the "smoke & bells" budget in the spring.
Last edited by Richard Frost on Fri Nov 24 2023 12:28pm, edited 1 time in total.

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Re: This governments shenanigans

Post by macliam » Fri Nov 24 2023 12:12pm

Even the Torygraph can see.....

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Re: This governments shenanigans

Post by macliam » Fri Nov 24 2023 2:52pm

Hot on the heels of the planned increase in the energy price cap in January, I received notification of a change in prices in Portugal at the same time.

However, whilst the cost per kWh in England is rising from 27.35p to 29p, I was surprised to find that the charge in Portugal is dropping from just under 21c (c18p) to just over 17c (c15p).

Odd, eh, given what a success the UK government has claimed in its energy policies....... :roll:
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Re: This governments shenanigans

Post by macliam » Wed Nov 29 2023 12:35pm

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Re: This governments shenanigans

Post by macliam » Thu Nov 30 2023 12:02pm

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Re: This governments shenanigans

Post by macliam » Wed Dec 06 2023 10:05am

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Re: This governments shenanigans

Post by macliam » Wed Dec 06 2023 9:04pm

So, Jenrick has gone..... no loss.

Gives him more time to paint over murals.
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Re: This governments shenanigans

Post by Richard Frost » Thu Dec 07 2023 8:56am

The dead can't hear you'
A round-up of the headlines from the UK front pages

The Guardian dismisses Boris Johnson as "deluded" after he gave evidence at the Covid inquiry. The Mirror goes even harder, telling Johnson that "the dead can't hear your apologies" but The Telegraph says he "choked with emotion" during his appearance.

The Daily Mail urges the Tories to stop their in-fighting after Robert Jenrick quit. "Will the Tories ever give up fighting each other and start fighting Labour?" it asks, telling the party to "unite or die". It adds that the public is "heartily sick" of ministers' "self-indulgent posturing".

The Sun splashes on a relationship between broadcaster Anne Robinson and Andrew Parker Bowles, the queen's ex-husband. "Queen of mean dates Queen's ex," says its headline about what it calls the "toff love" romance.
https://theweek.com/todays-newspapers?u ... dium=email
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