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

J. Hunt has just announced it.

More changes
before the General Election.

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

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:

[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...-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_U...neral_election

Sign Of The Times.

Yes, that is possible.

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

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

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?

Tribalism :nono:

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

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

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/l...e0b8ec9ed1.png

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/cp...ss-nc.png.webp

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-econom...ssion-13071973

Labour Rachel Reeves is going Live

A Special News Conference in a few mins

Live on
SkyNewHD
BBCnewsHD
GBNewsHD

Rachel Reeves with her 2 Flags behind her

She is Taking Questions Live

Japan has also slipped into recession today

This UK Recession can be Revised
in a few months

Joel Hill, Economist
on ITV1HDnews today