ubermaus Posted March 18, 2015 Share Posted March 18, 2015 (edited) From a first time buyer perspective the budget looks pretty good. a quarter top up on first time buyer ISA is actually a shrewd move. For pensioners the plans look alright too. Its a 'workers' budget for sure with a few sweeteners like a reduction in beer tax etc. thrown in. But can you trust the tories to deliver? its really just a 6bn incentive to vote at the next GE. No move on living wage and not too sure about the raising of the tax allowance. What about the NHS? Still lots of questions that we only get answered after May. Edited March 18, 2015 by ubermaus .... Link to comment Share on other sites More sharing options...
ubermaus Posted March 18, 2015 Share Posted March 18, 2015 Who would have believed in 2010 that our fortunes would be as improved as they now are? Leading the developed world economically Nearly 2 million new jobs Labours deficit halved the list goes on. Interesting to note that Silliband was quick into the Bullingdon club attack. Still, to be fair, if you have no policies, you've got to try something. Hardly Labours deficit. We had a global financial crisis. From a first time buyer perspective the budget looks pretty good. a quarter top up on first time buyer ISA is actually a shrewd move. For pensioners the plans look alright too. Its a 'workers' budget for sure with a few sweeteners like a reduction in beer tax etc. thrown in. But can you trust the tories to deliver? its really just a 6bn incentive to vote at the next GE. No move on living wage and not too sure about the raising of the tax allowance. What about the NHS? we should be paying more tax not less as thats one of the major issues with this recovery - not enough tax revenue. Still lots of questions that we only get answered after May. Link to comment Share on other sites More sharing options...
purdy Posted March 18, 2015 Share Posted March 18, 2015 I'd rather live in a country where we all paid more tax and the country felt like it was working. Sure, the rich have got richer over the last five years and businesses are starting to pick up, but there is no trickle down in these economics. We have the money in the country to all live a happy and healthy life in a clean and safe country, but that means businesses and the rich paying a lot more tax and the middle class paying a little more tax... I'd be happy to. I value society over meaningless figures. So I take it the raising of the tax threshold from £6475 to £10600 made no difference to you? Link to comment Share on other sites More sharing options...
ubermaus Posted March 18, 2015 Share Posted March 18, 2015 I'd rather live in a country where we all paid more tax and the country felt like it was working. Sure, the rich have got richer over the last five years and businesses are starting to pick up, but there is no trickle down in these economics. We have the money in the country to all live a happy and healthy life in a clean and safe country, but that means businesses and the rich paying a lot more tax and the middle class paying a little more tax... I'd be happy to. I value society over meaningless figures. TBH I would happily pay more tax if the country was working and things like NHS were ringfenced. But then wages are too low to start with and costs too high in relation. Link to comment Share on other sites More sharing options...
Snook Posted March 18, 2015 Share Posted March 18, 2015 So I take it the raising of the tax threshold from £6475 to £10600 made no difference to you? Not to me, no. But I'm glad that it's happened. Now lets scrap this austerity nonsense and get more tax revenue in. Of course they are going to do a 'working man's' budget just before the election, they have been completely screwing the 'working man' for five years and now need his vote. ---------- Post added 18-03-2015 at 16:50 ---------- TBH I would happily pay more tax if the country was working and things like NHS were ringfenced. But then wages are too low to start with and costs too high in relation. Well quite, but with higher taxes (and in particular I mean people earning over £100k and businesses) we could raise minimum wages and make sure that the NHS, police etc, were properly funded. But the problem is that politicians have no incentive to help the country as a whole when they are shareholders or own businesses that are talking all the money. And the banks were once a service, now they basically own us. Link to comment Share on other sites More sharing options...
ubermaus Posted March 18, 2015 Share Posted March 18, 2015 Not sure if anyone remembers, we had severe riots in 2010. Seems to have been forgotten with all this economy nonsense or maybe the poor are just so down trodden by the last 5 years of austerity they have given up the fight... Link to comment Share on other sites More sharing options...
Mecky Posted March 18, 2015 Share Posted March 18, 2015 From the actual budget document if you take time to read it "devolving power to Sheffield, including over transport, skills and business support" "The government is also committing £14 million over two years to invest in an Advanced Wellbeing Research Centre (AWRC) in Sheffield, which will be a world-leading research centre to design, develop and implement physical activity interventions and products to improve wellbeing. The AWRC will form part of Sheffield’s Olympic Legacy Park and is due to open in 2016" "To accelerate this growth, the government will support the development of innovative businesses across the north through an £11 million investment in tech incubators in Manchester, Leeds and Sheffield. These tech incubators will create thriving local ecosystems by nurturing start ups,fostering collaboration, and providing mentoring, learning and business support:" "Sheffield ‘Maker Hub’ – £3.5 million government investment to renovate a former Co-Op department store in the Castlegate area" "£138 million of funding towards the UK Collaboratorium for Research in Infrastructure and Cities (UKCRIC), subject to a satisfactory business case and the provision of substantial co-funding. The UKCRIC will apply research to ensure that the UK’s infrastructure is resilient and responsive to environmental and economic impacts. It will have hubs in London, and further centres initially in Birmingham, Newcastle, Sheffield and Southampton" "Tech Nation – Building on local strengths, the government will support the development of young, innovative tech businesses through an £11 million investment into Entrepreneur Hubs in Manchester, Leeds and Sheffield. " https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/413949/47881_Budget_2015_Web_Accessible.pdf Isn't that basically saying if you build offices businesses will come and occupy them? I'd hate to think how many vacant offices are in Sheffield Link to comment Share on other sites More sharing options...
ubermaus Posted March 18, 2015 Share Posted March 18, 2015 The national minimum wage will increase by 20p an hour to £6.70 from October. The statutory minimum for 18 to 20-year-olds will also go up by 3% from October, from £5.13 to £5.30, and by 2% for 16 and 17-year-olds, taking the rate to £3.87. What do we think to that? Link to comment Share on other sites More sharing options...
Mecky Posted March 18, 2015 Share Posted March 18, 2015 The national minimum wage will increase by 20p an hour to £6.70 from October. The statutory minimum for 18 to 20-year-olds will also go up by 3% from October, from £5.13 to £5.30, and by 2% for 16 and 17-year-olds, taking the rate to £3.87. What do we think to that? The cost of living is set to increase then. Tomorrow we'll start seeing media stories about what the budget actually means and by next week the rightwing gobs will be spluttering into their breakfast cereal Link to comment Share on other sites More sharing options...
Mr Bloom Posted March 18, 2015 Share Posted March 18, 2015 (edited) I thought Milliband's response was very impressive. I can see why Cameron is too chicken to face him in a head to head debate. Edited March 18, 2015 by Mr Bloom Link to comment Share on other sites More sharing options...
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