Budget 12:30PM Live : Weds 6th March 2024 (UK has entered a Recession)

[arista]

J. Hunt has just announced it.

More changes
before the General Election.

[joeysteele]

More trying to fool voters more like.
I hope the majority of them don't fall for it this time.

[bots]

if they get inflation down to 2% this year and stimulate some growth it will be good for everyone, so i'm all for it.

Logic says that the tories will be out irrespective of their performance this year, but i honestly don't know anymore what will happen :laugh:

[arista]

[Jeremy Hunt has announced the date
of 6 March for a spring budget,
fuelling speculation about an early
general election despite the Conservatives
trailing in the opinion polls.
With the government under pressure amid
the cost of living crisis,
the chancellor’s speech to
the Commons is widely seen as one of the
final opportunities to announce major
changes to tax and spending policy before
the next national vote.

Reports of scrapping inheritance tax
in budget ‘just speculation’, says No 10

Rishi Sunak has said he intends to
send Britons to the polls next year
but opinion is split on whether an
election is likely to come in the spring or
the autumn as the Tories battle to narrow
a commanding Labour lead.
Hunt is under pressure from his right
flank to announce a sweeping package
of tax cuts to tempt voters and bolster
Sunak’s chances, with speculation that
Downing Street is considering slashing
or even abolishing inheritance tax.]

https://www.theguardian.com/politics/2023/dec/27/jeremy-hunt-announces-6-march-as-date-for-spring-budget


Of course, he does have the Option
to have the General Election
no later than the
28th Tuesday January 2025.
A possible cold time.

https://en.wikipedia.org/wiki/Next_United_Kingdom_general_election

Sign Of The Times.

[arista]

if they get inflation down to 2% this year and stimulate some growth it will be good for everyone, so i'm all for it.

Logic says that the tories will be out irrespective of their performance this year, but i honestly don't know anymore what will happen :laugh:


Yes, that is possible.

[Oliver_W]

Inheritance tax is a pretty evil thing, tbh. Scrap the helll out of it.

[Cherie]

honestly dont think it matters if the Torys threw actual money at voters, the political cycle calls for a change in government and the time is nigh

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/12B97/production/_132159667_mirrorfront28dec_page-0001.jpg.webp

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/1675B/production/_132159919_dailymail28dec_page-0001.jpg.webp

[joeysteele]

The fact the hateful Mail supports the inheritance tax cut policy is all I need to know that it's not the right move at this time.
How will he make up the shortfall of income from inheritance tax?

[Oliver_W]

The fact the hateful Mail supports the inheritance tax cut policy is all I need to know that it's not the right move at this time.

Tribalism :nono:

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/B464/production/_132508164_tim.001.1gm.31jan_frontpage_page-0001.jpg.webp

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-3176633f-6026-463f-a3f9-560d2b4be8a7.jpeg

[Gusto Brunt]

I wonder if he'll issue any more cost of living payments as general election 'sweetners' to the 'great unwashed'.

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/438D/production/_132539271_cropi0202-nc.png.webp

[smudgie]

Cutting taxes sounds great, but then where does the money come from for spending..you would have to cut that as well.:shrug:

[arista]

Sky News Text:
[Chancellor Jeremy Hunt is braced for
official figures which are expected to show
an increase in the rate of inflation and
a possible recession last year,
ahead of his budget in three weeks' time,
the i reports.]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-fce74c1c-6f88-470d-8e77-85e0b8ec9ed1.png

[arista]

BBC NewsText:
[Jeremy Hunt has been urged to be
"bolder" in going for growth so he
can take advantage of improved
economic forecasts, the Daily Express writes.
"Leading experts" told the paper that the
Chancellor may have enough headroom to
"knock £20bn off the collective tax bill"
and should take "further measures"
to boost the country.]


https://ichef.bbci.co.uk/news/976/cpsprodpb/C387/production/_132655005_dailyexpress-nc.png.webp

[arista]

https://pbs.twimg.com/media/GGUmvkBXEAApmPi?format=jpg&name=small

[arista]

UK Fell into a Recession
at the end of 2023

[UK enters recession after steeper-than-expected fall in GDP

The recession is likely to be mild and short lived,
with no major changes in the day to day life of
consumers but it's bad news for Rishi Sunak
who made growing the economy a key part
of the Conservative's platform.]

https://news.sky.com/story/uk-economy-in-a-recession-13071973

[arista]

Labour Rachel Reeves is going Live

A Special News Conference in a few mins

[arista]

Live on
SkyNewHD
BBCnewsHD
GBNewsHD

Rachel Reeves with her 2 Flags behind her

[arista]

She is Taking Questions Live

[arista]

Japan has also slipped into recession today

[arista]

This UK Recession can be Revised
in a few months

Joel Hill, Economist
on ITV1HDnews today

[arista]

BBC News Text:
The i newspaper reports that the
Bank of England is expecting interest rates
to start falling, and quotes governor
Andrew Bailey as saying they are
"not forecast to return to Pre-Covid levels
for years to come".]

https://ichef.bbci.co.uk/news/976/cpsprodpb/4E57/production/_132655002_inewspaper-nc.png.webp

[arista]

https://pbs.twimg.com/media/GGZmG2YWgAAn5sf?format=jpg&name=small

[arista]

https://pbs.twimg.com/media/GGaCVbZXwAET3Ql?format=jpg&name=small

[arista]

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[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/15276/production/_132664668_daily_mirror-nc.png.webp

[arista]

Sky News Text :
[Rishi Sunak has pledged to pump £5bn
into transport infrastructure
in the North and will be holding a
special Cabinet in Yorkshire
at the start of next week.]



https://liveblog.digitalimages.sky/lc-images-sky/lcimg-95480d9f-2579-43b2-961a-a3985c483949.png

[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[arista]

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[Gusto Brunt]

Exactly what qualifies Hunt to be Chancellor?

Every time I see him, I think what a total plank. He was only put in that role by the equally dopey Liz Truss.

Hunt talks complete BS. As underlined by other people are really are qualified in Budget areas.

[Crimson Dynamo]

i swear no person in the UK says to another person this week "be interesting to see what is in the budget this week"

literally a circle jerk for Westminster and the failing print press

[arista]

Exactly what qualifies Hunt to be Chancellor?

Every time I see him, I think what a total plank. He was only put in that role by the equally dopey Liz Truss.

Hunt talks complete BS. As underlined by other people are really are qualified in Budget areas.


Good it's his last year.

[bots]

Exactly what qualifies Hunt to be Chancellor?

Every time I see him, I think what a total plank. He was only put in that role by the equally dopey Liz Truss.

Hunt talks complete BS. As underlined by other people are really are qualified in Budget areas.

all the cabinet are completely unqualified for the roles they hold. Going across decades, there have only ever been a couple of them that are half way qualified. However, they don't need to be, they are basically managing directors of their departments, that doesn't require a deep knowledge of the subject in question

[arista]

Yes this time next year
it could be Rachel Reeves MP
struggling to find cash

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/13C57/production/_132838908_i-nc.png.webp

[Beso]

It seems everything's going up these days.

https://youtu.be/301Yq8Jn_RI?si=Gy4sPqLaMAiNAS98

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-611d98cf-a8e7-428d-b2b1-6d201397592e.jpeg



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[arista]

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[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-1e3acf2c-4f38-4d04-995d-bcd2ab4db1b9.jpeg

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-fff56716-7b59-49b8-a163-19902d317f43.jpeg

[arista]

Choices today

SkyNewsHD 11AM
ITV1HD 12:15PM
BBC2HD 12:30PM

LBC
Radio5



Shocking phone caller on Ch5HD AM Live
A lady went to buy a takeaway, yesterday
on the way home a Group of Male Junkies
threatened her with Extreme Violence.

She Phoned 999
but was sent in circles saying phone 101
who then said phone 999.

After 3 hours
A police Force from another Region arrived
A Police Officer told her there was No Money
for them to investigate this


That Lady Phoned in to say
Give Police more money in this budget

[arista]

SkyNewsHD Starts early

One Lady Top Reporter in Grimsby Live

[arista]

BBCnewsHD is now showing the Same as BBC2HD Politics Live

But Politics Live has No Panel
2 BBC reporters instead.


BBC Saving Big Cash Today

And getting me Angry

[bots]

i want some serious help for pensioners :smug:

[arista]

i want some serious help for pensioners :smug:



That sounds sensible

[Cherie]

He best increase the amount of interest you can earn before tax, these are seriously lagging now

[Cherie]

i want some serious help for pensioners :smug:

:fist:

[smudgie]

He best increase the amount of interest you can earn before tax, these are seriously lagging now

Indeed.
Tax on savings should have a better allowance at the lower end.

[smudgie]

i want some serious help for pensioners :smug:

I think pensioners are doing a lot better with the triple lock in place.

[arista]

ITV1HDnews now up and running

[arista]

Hunt Now Live
with his budget

[arista]

Someone Keeps Shouting over him


SNP zone

[arista]

The Lady Speaker

Stopped it

Telling the Shouters
he has hardly said anything.

[MTVN]

Give us more money Hunt!!

[arista]

Again


The Lady speaker Stopped it


She stated those shouting will not get a chance to
speak later

[arista]

Give us more money Hunt!!



Yes he is bloody slow

[arista]

No £90 charge for those taking an emergency loan

Loans for those in trouble loans extended for another year
So were to say it back in 12 months
now they have 24 months to pay the loan back


Drinks Freeze extended
to 2025

Fuel Duty Freeze Extended for 12 months

[arista]

https://i.dailymail.co.uk/1s/2024/03/06/11/82015909-13162923-A_2p_cut_to_National_Insurance_contributions_will_ save_an_averag-a-12_1709725720182.jpg

[arista]

https://i.dailymail.co.uk/1s/2024/03/06/12/82107829-13163759-image-a-48_1709726964123.jpg

Early Today Hunt
with Laura Trott MP
behind him

[arista]

He has taken the Labour Plan

Ending Non-Doms

Expected to generate £2.7Billion

[arista]

They are taking longer than Usual

For the Labour Reply?

[arista]

The SNP have buggered it


Demanding a vote

[arista]

It is Starmer Replying


Not Rachel


Starmer is not good at this
It is like PMQ's Extended

[arista]

https://i.dailymail.co.uk/1s/2024/03/06/13/82112507-0-image-m-13_1709732921303.jpg

[Gusto Brunt]

It is Starmer Replying


Not Rachel


Starmer is not good at this
It is like PMQ's Extended


Rachel backing out of the reply is very bad. Shows her to be not fit to be Chancellor.

And any news on future Cost of Living payments? Yeah the Household Support fund extended to ONLY 6 months, but that's because after a May general election, the Tories won't be in. :p

[arista]

Rachel backing out of the reply is very bad. Shows her to be not fit to be Chancellor.

And any news on future Cost of Living payments? Yeah the Household Support fund extended to ONLY 6 months, but that's because after a May general election, the Tories won't be in. :p

Starmer is Greedy

[Gusto Brunt]

Starmer is Greedy

Well she is the Shadow Chancellor after all. ;)

[arista]

From daily mail feed

https://www.dailymail.co.uk/news/live/article-13162807/uk-spring-budget-2024-live-jeremy-hunt.html


[14:07
Sir Keir Starmer accuses Tories of 'delusion'

Sir Keir Starmer has accused the
Conservative Government of 'delusion' following
the budget announcement.

The Labour leader told the Commons:
'I mean over 14 years we have seen our fair share
of delusion from the party opposite.
A Prime Minister who thinks the cost of
living crisis is starting to ease.

'An Education Secretary (Gillian Keegan) who thinks
concrete crumbling on our children deserves
her gratitude. A former prime minister (Liz Truss)
who still believes crashing the pound was
the right path for Britain.']

[arista]

https://i.dailymail.co.uk/1s/2024/03/06/12/82074737-13163479-image-a-30_1709728651642.jpg
[Bumper sales: Greggs chief exe Roisin Currie (pictured)
said around 25,000 of its 32,000 staff
will be rewarded in their March pay packets after
'another year of rapid growth']

Good time for Greggs to announce rewards for staff.

https://www.dailymail.co.uk/news/article-13163479/greggs-employees-700-bonus-mcdonalds-holiday-reward.html

[Zizu]

https://i.dailymail.co.uk/1s/2024/03/06/12/82074737-13163479-image-a-30_1709728651642.jpg
[Bumper sales: Greggs chief exe Roisin Currie (pictured)
said around 25,000 of its 32,000 staff
will be rewarded in their March pay packets after
'another year of rapid growth']

Good time for Greggs to announce rewards for staff.

https://www.dailymail.co.uk/news/article-13163479/greggs-employees-700-bonus-mcdonalds-holiday-reward.html


£700 bonus each ?


Sent from my iPhone using Tapatalk Pro

[arista]

£700 bonus each ?




Yes
[Thousands of workers are set to get £700 perk]

[arista]

SNP MP outside Parliament
said they had to demand a vote
which delayed the Labour Reply

As it goes on the record.


BBC2HD Live

[arista]

BBCnewsHD Live outside Parliament now
has the Shouters in the background

[joeysteele]

Other than, after denouncing it as ridiculous as Labour Policy for years, the only thing of note was the U turn on the non doms.

Otherwise this was another non event as a budget really.

[arista]

Both SkyNewsHD and BBCnewsHD

Live in Grimsby.

[arista]

BBCnewsHD Live
college green

A freak Church Git is Shouting

Arrest him Cops

[Cherie]

Just reading the headlines of this budget now, it is probably one of the worst budgets I have seen for a while, I can't imagine they think they will win an election off the back of this? I think they have thrown in the towel tbh

[arista]

Just reading the headlines of this budget now, it is probably one of the worst budgets I have seen for a while, I can't imagine they think they will win an election off the back of this? I think they have thrown in the towel tbh


Yes he is saving
the Real Budget for later in the Year


Ref: Henry Hill speaking Live on College Green.

[Gusto Brunt]

I'm sick of Sunak pussy footing around. I want a May General Election. :mad:

Today was a total farce.

I wouldn't be 100% happy with a Labour government, but it'll be better than this current shambles.

[Cherie]

Chancellor Jeremy Hunt cuts workers' National Insurance by another 2p in the Budget, meaning it falls from 10% to 8%
He also increases the child benefit threshold from £50,000 to £60,000
Hunt says the National Insurance cut, to begin next month, is worth £450 a year for the average worker
It follows a 2p cut in last year's Autumn Statement - but there is no change to income tax
Labour leader Keir Starmer calls the Budget a "last desperate act" with people paying "more and more for less and less"
New official forecasts say the government will collect 37.1p per pound of GDP in 2028/29 - the highest level in nearly 80 years
The OBR also says the economy will grow faster than expected - that, plus some tax rises, and existing "fiscal headroom", are what's funding the cuts
Hunt also increases the VAT threshold for small businesses to £90,000, and announces higher taxes on vapes and business class flights
And he says he's "abolishing" the "non-dom" tax system, but new arrivals to the UK will still not pay taxes on foreign income for four years

[arista]

I'm sick of Sunak pussy footing around. I want a May General Election. :mad:

Today was a total farce.

I wouldn't be 100% happy with a Labour government, but it'll be better than this current shambles.


No Gusto


Local Elections are in May.


Do your Damage there

[Cherie]

https://i.dailymail.co.uk/1s/2024/03/06/11/82015909-13162923-A_2p_cut_to_National_Insurance_contributions_will_ save_an_averag-a-12_1709725720182.jpg



450 for the average household? not according to this :laugh:

[arista]

[The OBR also says the economy will grow faster than expected]


No Cherie
it is going to Get Worse



2nd Budget soon

[arista]

BBCnewsHD on college green
Parliament outside

Interviewed a Conservative MP

In the Backing close by
that smelly big man is shouting "Torys Out"

[arista]

Now its a Housing Expert
not an MP

TORYS OUT Loud

near to her

[arista]

Now its a Poll Expert

Shouting again

[bots]

It's obviously an election winning budget, congratulations to labour

[arista]

GBnewsHD now Live Up in Whitehaven

for 2 Hours.

First Show Michelle Dewberry


Live Audience

[arista]

at 7PM Live LBC

Ian Dale takes Questions
with Labours Rachel Reeves

[arista]

For any that want this

Shadow Rachel now Live on LBC

[arista]

He has taken the Labour Plan

Ending Non-Doms

Expected to generate £2.7Billion


Sadly that will not Come in for a few years
After the General Election

[Oliver_W]

He has taken the Labour Plan

Ending Non-Doms

Expected to generate £2.7Billion

Sadly that will not Come in for a few years
After the General Election

Either way, it's probably not the hugest of vote-winners. I think most people would rather see themselves keeping more of their own money, than seeing money being taking from the rich.

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/9E75/production/_132856504_ft-nc.png.webp

[arista]

The Online Paper:

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-49d3ec2e-5589-4935-b015-eca5cd8289c6.jpeg

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-ce316a74-2234-49bb-ae69-8eafe6d25a7c.jpeg

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/EC95/production/_132856506_i-nc.png.webp

[arista]

https://www.techdonut.co.uk/sites/default/files/styles/landing_pages_lists_250/public/buyandmanageit_206967025_0.jpg?itok=JDj-zIaz


No money for so many


Newsnight BBC2HD
Sussed the Conservative MP out
If Labour had no plan
like they keep saying

How the hell
can they take the Labour Non-Doms plan

[arista]

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[arista]

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[arista]

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[arista]

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[arista]

https://twitter.com/BBCPolitics/status/1765720590042730665

From Today 45mins live show.

[arista]

[Labour and Tories accused of silence over cuts]

I say :Typical of Labour to follow the Conservative Cuts

[The Conservatives and Labour have been
accused of a "conspiracy of silence" over
the scale of spending cuts or tax rises
by an influential think tank.
Tough decisions would need to be made
following the next election,
the Institute for Fiscal Studies said.
Chancellor Jeremy Hunt told the BBC it
would be "challenging" to live within
current spending restrictions.

Labour says it will have to make future
savings to public spending to fund
some of its policies if it wins power.
The state of the economy is under intense focus
in the run-up to a general election that
must be called before next January.]


https://www.bbc.co.uk/news/business-68498937




https://ichef.bbci.co.uk/news/976/cpsprodpb/AAEC/production/_132865734_cropi0803.png-nc.png.webp

[joeysteele]

So far.
Pensioners don't seem very happy.

He hasn't addressed anything for them.

I was with others talking to a group of them last night who are furious they've no more help to come on energy bills.
Which are still around 65% more than just around 2 years ago
Most are going to vote LibDem now.

[arista]

BBC News Text:

[The Daily Mirror, meanwhile, calls the government
"pension pinchers".
In what it calls a "Tory Budget bombshell",
millions of pensioners will now face a hit
on their incomes as a result of
"Conservative stealth taxes".
It quotes the Silver Voices campaign group
as saying this is something
older people are "hopping mad" about.]

https://ichef.bbci.co.uk/news/976/cpsprodpb/18228/production/_132865889_cropmirror0803.png-nc.png.webp

[arista]

Sky News text:
[The i weekend shared results from its
poll on the budget, which found only 20%
of Britons support Jeremy Hunt's measures.]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-d6d8d03b-c969-4117-9f3d-22d4be5489a6.jpeg