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15-03-2023, 01:51 PM | #26 | |||
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Senior Member
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The main elements in the Budget include:
[Up to 30 hours of free childcare for youngsters aged over nine months if both parents each earn less than £100,000. Changes to Universal Credit to encourage people to get back to work, with more support for childcare; The lifetime allowance on pensions has been abolished altogether, after complaints that many middle-earners were finding it was not worth them working due to tax penalties; The energy bills guarantee is being extended for another three months, with prices likely to be lower by June anyway; Fuel duty is being frozen for a 13th year in a row, and the 'temporary' 5p a litre cut is being maintained; Alcohol duty will rise in line with inflation from August and reforms to base the levy on strength will go ahead - with bottles of wine set to go up by around 45p, but other drinks getting cheaper; A 'Brexit pubs guarantee' will see the duty on draught products in pubs up to 11p lower than the duty in supermarkets from August; Businesses will be able to offset all capital spending on IT and other equipment against taxable profits for at least the next three years; Nuclear power will be classed as 'environmentally sustainable' which will give it access to the same investment incentives as renewable energy; Defence spending is being increased by £11billion over the next five years amid the fallout from the Ukraine war; There will be a £200million fund to tackle potholes after a Daily Mail campaign.] https://www.dailymail.co.uk/news/art...rk-Budget.html |
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15-03-2023, 01:51 PM | #27 | ||
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Remembering Kerry
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A long winded non event.
Not really what people need in their lives at this time. To be fair though, most budget speeches are disappointing. Hunt however, near sent me to sleep. He said finally at one point so I thought oh great. Then over half an hour later he was still going on. Most things are to take effect too far off in the future, there was very little for NOW. |
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15-03-2023, 01:54 PM | #28 | |||
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Valid points Joey by tomorrow some good points should be on all media. But in general not enough Real Time Investment |
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15-03-2023, 01:56 PM | #29 | |||
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Senior Member
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2023 Budget: Key points:
The UK economy was 'proving the doubters wrong' Forecasts suggest the UK will avoid falling into previously expected recession this year. OBR says inflation expected to fall from 10.7 per cent in December 2022 to 2.9 per cent by the end of 2023. Energy Price Guarantee to remain at £2,500 for three more months. Charges for pre-payment meters will be brought into line with those paid by direct debit customers. Brexit Pubs Guarantee to keep alcohol levy lower for draught drinks than supermarket cans and bottles. But the cost of a bottle of wine will go up 45p. Fuel duty will remain frozen for another 12 months.] From DM Link Last edited by arista; 15-03-2023 at 01:56 PM. |
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15-03-2023, 03:13 PM | #30 | |||
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I heard a Tory say if you're on Universal Credit and you're offered a job and you don't take it, then you will get sanctioned.
I thought people who were job seeking were looking for a job. I didn't know employers were offering jobs. Quite bizarre. How does it work? I am confused. I was on the dole about 15 years ago, and I had to apply for jobs I wanted. But now it seems claimants are offered jobs????? Is this true????????? Weird. |
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15-03-2023, 03:23 PM | #31 | |||
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This Witch doesn't burn
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__________________
'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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15-03-2023, 04:01 PM | #32 | |||
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The employer has to be assured this person being 'offered the job' will fit in and actually do the job. The way the MP said it was as if there are loads of jobs being offered without interview or even the employer knowing who they're hiring. I think a better way of putting it is they show you jobs that yes, like you said, fit your skillset, and it's up to you to go to the interview and try to get the job. So no actual 'start on Monday' jobs are being offered |
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15-03-2023, 04:54 PM | #33 | |||
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SkyNewsHD
Westminster PM Sunak just had a 40mins meeting with the 1922 Committee MP's leaving it were all jolly. |
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15-03-2023, 10:31 PM | #34 | |||
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15-03-2023, 10:34 PM | #35 | |||
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15-03-2023, 10:38 PM | #36 | |||
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15-03-2023, 10:42 PM | #37 | |||
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15-03-2023, 10:50 PM | #38 | |||
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POW! BLAM!
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Quote:
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15-03-2023, 10:50 PM | #39 | |||
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15-03-2023, 10:52 PM | #40 | |||
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15-03-2023, 10:52 PM | #41 | |||
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15-03-2023, 10:53 PM | #42 | |||
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15-03-2023, 10:59 PM | #43 | |||
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16-03-2023, 12:35 AM | #44 | |||
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16-03-2023, 12:43 AM | #45 | |||
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From SkyNews:
[The government will abolish the work capability assessment for disabled people and separate benefit entitlement from an individual's ability to work. The aim is to enable disabled people to seek work without fear of losing their benefits. A new programme called universal support will also fund extra support for disabled people to find work. A new apprenticeship, called a returnership, will be created for those aged 50 and older wanting to return to work. Mr Hunt said it will make existing skills programmes more appealing for older workers and focus on previous experience. An extra £400m will increase mental health and musculoskeletal workplace support to stop people being forced to leave work due to sickness.] https://news.sky.com/story/budget-20...peech-12834167 |
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16-03-2023, 12:52 AM | #46 | |||
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Senior Member
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Also, From SkyNews Site:
[As corporation tax on profits over £250,000 is due to rise from 19% to 25% in April, businesses will be able to offset 100% of UK investments against their profits to bring down tax bills. The OBR said it will increase business investment by 3% for every year. Mr Hunt announced the measure for the next three years but intends to make it permanent "as soon as we can responsibly do so". An "enhanced credit" has been introduced for small and medium-sized businesses if they spend 40% or more of their total expenditure on research and development. They can claim credit worth £27 for every £100 spent. As expected, the government is extending the energy price guarantee (EPG), which keeps the average household bill at £2,500 until the end of June by capping the unit price of electricity. The typical bill was due to rise to £3,000 from 1 April. Under the EPG the government effectively caps household costs and reimburses energy companies for the difference between that, and the cost of buying power on wholesale markets. The energy rebate scheme - paid direct to customers in six instalments of £66 and £67 a month - has not been extended and will end this month. The so-called "prepayment premium", whereby those using prepayment meters are charged more for their gas and electricity, will be scrapped from July, enabling four million families to save £45 a year on their bills. Investment zones Twelve new investment zones or "potential Canary Wharfs" will be eligible for £80m in funding to boost business there, with at least one each in Scotland, Wales and Northern Ireland. The ones in England are: Greater Manchester, West Midlands, North East, South Yorkshire, West Yorkshire, East Midlands, Teesside, and Liverpool. There will also be £200m extra funding for local regeneration projects. other An extra £200m a year - in addition to the £500m already allocated - will be made available to tackle "the curse" of potholes. Public leisure centres and pools will share a £63m fund to help with costs. From next year medicines and technologies approved by other trusted global regulators will be eligible for "near automatic" sign-off. defence Defence spending will rise an extra £11bn over the next five years. The defence budget is currently about £50bn. Up to £600m in tax relief on energy efficiency measures has been announced for businesses, in a bid to reduce energy use by 15%. Nuclear power will be classed as "environmentally sustainable" to grow investment in the sector. The government plans for a quarter of electricity to be nuclear-powered by 2050. To that end Great British Nuclear has been created - with the aim to "bring down costs and provide opportunities across the nuclear supply chain".] https://news.sky.com/story/budget-20...peech-12834167 |
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16-03-2023, 07:14 AM | #47 | ||
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Remembering Kerry
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As usual at the time and on the surface, this looked a less contentious budget.
However once you look at the far off delays of implementation and dig deeper It turns more to the nothing really for now and more sour . |
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16-03-2023, 07:40 AM | #48 | |||
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God Save The Rave
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Does anyone else find it somewhat hilarious when they proudly announce that they're saving people "£45 a year", "£150 a year" etc. on various things?
I mean come on, even rich Tories must know that's not worth mentioning? £3.75 a month . Come on. |
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16-03-2023, 08:09 AM | #49 | |||
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Senior Member
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I can’t believe that wet lettuce ever gets employed in the first place
Sent from my iPhone using Tapatalk Pro |
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16-03-2023, 08:12 AM | #50 | ||
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Remembering Kerry
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Both hilarious and annoying SB.
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