[arista]

Youtube video

this remix was also posted by kizzy on another thread


Confirmed Wages are going up

http://news.sky.com/story/1444408/th...t-from-osborne


Also on ITV1HD from the later time of 12:15PM -2PM

[Kizzy]

Fat lot of good that's going to be on a 0hr contract.
Too little too late.

[arista]

Originally Posted by Kizzy

Fat lot of good that's going to be on a 0hr contract.
Too little too late.

Valid Point

[joeysteele]

What exactly is the point of this budget other than to possibly try to do some 'engineered electioneering'.

This should have been postponed until after the election in just 7 weeks time.
If this lot lose in May, then this budget is probably virtually meaningless, as the next govt; will be doing their own budget soon after the election is over and taking power.

[JoshBB]

ed miliband bopping to the music lmao

but yeah he needs to end zero hour contracts and also look into reversing some austerity before this is even credible tbh

[arista]

Stop Moaning Joey
its better than nothing

[Crimson Dynamo]

good bit of electioneering

osbourne has stopped the downturn, balanced the books and is the darling of europe

now his budget will show that if you are voting on the economy, better vote tory


labour cannot be trusted with money

this budget should be the final nail in millibands coffin

[joeysteele]

Originally Posted by arista

Stop Moaning Joey
its better than nothing

I'm not moaning just making an observation as to planning and presenting a possible unnecessary budget.

They have known for years this election was to be held on May 7th, I see no point at all of presenting a budget just barely 2 or 3 weeks before parliament is to be ended until after the election.

No one has much idea what make up of govt; could be in power after May 7th, this budget could in all likelihood be rendered totally meaningless in just less than 8 weeks time.

[Kizzy]

Originally Posted by LeatherTrumpet

good bit of electioneering

osbourne has stopped the downturn, balanced the books and is the darling of europe

now his budget will show that if you are voting on the economy, better vote tory


labour cannot be trusted with money

this budget should be the final nail in millibands coffin

Define 'balanced the books'.....

[Crimson Dynamo]

The Chancellor, George Osborne, has outlined the government's plans to "balance the books" by 2016.

Mr Osborne said the government planned to cut the structural budget deficit to zero in the next six years.

The structural deficit represents the hole in the public finances that is not expected to be repaired by economic recovery.

The chancellor also said he expected the UK's total debt levels to have started falling by 2016.

But he added that the Office for Budget Responsibility (OBR) was forecasting that the government would meet these targets a year early, by 2015.
Jump media player
Media player help
Out of media player. Press enter to return or tab to continue.

George Osborne on growth forecast

The OBR, headed by economist Sir Alan Budd, was set up to provide an independent assessment of the state of the UK's public finances and the UK economy.

Total borrowing is expected to fall to 2.1% of GDP by 2015, the OBR said, and reach 1.1% by 2016.

Current borrowing stands at Ł155bn - 11% of GDP.

The UK's total debt, which currently stands at more than 62% of GDP, is forecast to peak at 70% of GDP in 2013-14, before falling to 67% by 2015-16.

Announcing the plan, Mr Osborne said the Budget "deals decisively with this country's record debts".
Slower growth

Although confirming that the government's target for deficit reduction was achievable, the OBR warned that the economy would suffer as a result.

It is now forecasting that the UK economy will grow by 1.2% this year and 2.3% in 2011, lower than the previous government's forecasts.

http://www.bbc.co.uk/news/10375236

[joeysteele]

[QUOTE=Kizzy;7644906]Define 'balanced the books'.....
[/QUOT

Into 2013 as well Kizzy.

This is the Chancellor and govt; that said the deficit had to be cleared by 2015 or that would be a disaster for the UK.

If things were really as 'rosy' as they would have us believe, then there would be no need for savage further austerity measures.
Also the growth in place at present and the long awaited for recovery we have been waiting for over the first near 4 years of this govt; would have fed down to those at the lowest end of the scale of things.
None of which has happened.

The growth we now have and the recovery is welcome, it is however still a case of playing catch up on the near negative period between late 2010 and up to early 2014.

The deficit is only half cleared, a massive failure of this govt; and it is only half cleared because they have altered the way the deficit is now measured as to the economy.
In fact from what it stood at, and how it was measured in 2010, there is still only a third off it likely.

Despite all this sudden good news, this govt; is having the audacity to come into the 2015 election promising as it did in 2010 to clear the deficit in 3 to 4 years, planning even more severe austerity measures too,so in fact asking for the same time to do exactly the same things again after failing the last 5 years to do so.

That amounts to massive failure in my book and the only thing annoying me with Labour is that instead of shying away from the economy, they should be pointing all that out,because it does amount to failure on this govts; part on a huge scale.

I also think a suspicion could be right to take,that this rosy picture could fall away after the election and as in 2010, this govt; have to start downgrading its optimistic predicitions,as it did almost every quarter from 2010 to late 2013.

Far from trusting these again with the economy, I wouldn't trust their predictions at all,they and the independent economists too, all had to downgrade their predictions for the economy over the last 4 and half years.
Add in to that, the one true fact is that the vast majority of people in the UK will, despite this so called wondeful news now, be worse off, and some extremely so, than they actaully were in 2010.
No matter what this budget offers, that is a fact that will remain far beyond election day on May 7th.

I see no success from this govt; also figures and statistics can be thrown about left,right and centre, most of which just go way over the heads of the voters.
They just want to feel better off than they did before, with decent wages and living standards for them rising, none of that can be claimed after 5 years of this shambles.

[Kizzy]

Originally Posted by LeatherTrumpet

The Chancellor, George Osborne, has outlined the government's plans to "balance the books" by 2016.

Mr Osborne said the government planned to cut the structural budget deficit to zero in the next six years.

The structural deficit represents the hole in the public finances that is not expected to be repaired by economic recovery.

The chancellor also said he expected the UK's total debt levels to have started falling by 2016.

But he added that the Office for Budget Responsibility (OBR) was forecasting that the government would meet these targets a year early, by 2015.
Jump media player
Media player help
Out of media player. Press enter to return or tab to continue.

George Osborne on growth forecast

The OBR, headed by economist Sir Alan Budd, was set up to provide an independent assessment of the state of the UK's public finances and the UK economy.

Total borrowing is expected to fall to 2.1% of GDP by 2015, the OBR said, and reach 1.1% by 2016.

Current borrowing stands at Ł155bn - 11% of GDP.

The UK's total debt, which currently stands at more than 62% of GDP, is forecast to peak at 70% of GDP in 2013-14, before falling to 67% by 2015-16.

Announcing the plan, Mr Osborne said the Budget "deals decisively with this country's record debts".
Slower growth

Although confirming that the government's target for deficit reduction was achievable, the OBR warned that the economy would suffer as a result.

It is now forecasting that the UK economy will grow by 1.2% this year and 2.3% in 2011, lower than the previous government's forecasts.

http://www.bbc.co.uk/news/10375236

Have you seen the date of this article....Osborne ave his crystal ball out did he?
Bit way of the mark

edit: in the same month (june 2010)

'Budget: Osborne's 'tough' package puts VAT up to 20%
Chancellor George Osborne increased VAT from 17.5% to 20% and cut welfare spending as he moved "decisively" to tackle Britain's record debts.
Child benefit and public sector pay will be frozen and 25% cut from public service spending'

5yrs on squeezed to death and no better off.

[arista]

[arista]

Originally Posted by LeatherTrumpet

good bit of electioneering

osbourne has stopped the downturn, balanced the books and is the darling of europe

now his budget will show that if you are voting on the economy, better vote tory


labour cannot be trusted with money

this budget should be the final nail in millibands coffin

Valid Point

[MTVN]

PMQs followed by the budget, ****ing love it

[Crimson Dynamo]

great kitchen joke by Dave

lol

[MTVN]

"He literally doesn't know where his next meal is coming from"

[Crimson Dynamo]

Originally Posted by MTVN

"He literally doesn't know where his next meal is coming from"

[smudgie]

Enjoying this PMQ's.
Cameron does seem to have all the answers.

[Crimson Dynamo]

Osborne has so, so much ammo here

balls has no chance

[Vicky.]

To deliver falling debt, Government must achieve Ł30 billion further savings by 2017/18 - Ł13 billion from Government departments, Ł12 billion from welfare savings and Ł5 billion from clamping down on tax avoidance and evasion, said Mr Osborne.

What else can they cut from welfare without introducing the living wage I wonder. Given pensions will be untouched again..should be saving more from clamping down on tax avoidance IMO :S

[arista]

Originally Posted by LeatherTrumpet

great kitchen joke by Dave

lol

Yes and Osborne
on Mobile phones controlling
2 Fridges of 2 Kitchen Homes
like the Rich Labour Leader
has


http://news.sky.com/story/1447473/os...ose-the-future

[MTVN]

Two kitchens Miliband provides so much fun

[arista]

[MTVN]

Cider duty cut