Budget 2025

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Rusty Nails

Country Member
I agree with your first point. Endless balloons been up to see which ones get shot down was stupid.
I dont think she lied, she just prioritised headroom and social welfare.

In the words of another politician she was just "economical with the actualité". Happens a lot in politics.
 
In the words of another politician she was just "economical with the actualité". Happens a lot in politics.

Alan Clark, IIRC?
 

CXRAndy

Shaman
Ww have to thank LCR for one thing.

This will be Labour with one term in power, how ever long it lasts

God I hope it's comes to an end soon

No one in their right mind would ever, ever vote for them again.

Except Brian
 

Psamathe

Guru
I dont think she lied, she just prioritised headroom and social welfare.
Need to distinguish between pre-budget speeches Ms Reeves made and the actual budget itself.

The budget itself is a political decision some will agree with others disagree with.

It's the pre-budget "state of the economy" where she was misleading. Different people will have different opinions about how much headroom, etc. is appropriate but official figures she had were showing a surplus yet she was describing a "hole". It is the pre-budget commentary Ms Reeves was giving that is being questioned not the budget decisions themselves.
 

Psamathe

Guru
I find the notion of "surplus" questionable, if not downright laughable.
We are £2.537t in debt, while servicing this debt is burning up 10% of GDP and reducing it by 0%. It is rising.
I would agree. And whilst the budget shows a reduction in the debt by the end of the forecast term it's pretty marginal reduction and OBR only give Ms Reeves a 59% chance of meeting that target. Add that the increased taxes to meet that target come around the next General Election and there seems a lot of doubt that it will actually happen.

Other way round the debt issue is to growing GDP but the budget isn't really going to create that (and after the advice from one company I use for investments can't see investment in the UK going anywhere positive at the moment).

Big problem is Government spending and across Ms Reeves two budgets she's committed £80bn in new Government spending. That money has to be borrowed ...
 
I would agree. And whilst the budget shows a reduction in the debt by the end of the forecast term it's pretty marginal reduction and OBR only give Ms Reeves a 59% chance of meeting that target. Add that the increased taxes to meet that target come around the next General Election and there seems a lot of doubt that it will actually happen.

Other way round the debt issue is to growing GDP but the budget isn't really going to create that (and after the advice from one company I use for investments can't see investment in the UK going anywhere positive at the moment).

Big problem is Government spending and across Ms Reeves two budgets she's committed £80bn in new Government spending. That money has to be borrowed ...

My default status.

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Reading between the lines, I'm guessing that Dunt wasn't overly impressed.

It's not that there aren't things to criticise about the budget itself, but this infantilising of the audience into a "he said... she said... " mindset is one reason why we're in this mess. Does anyone rate Chris Mason at all?

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Who'd've thought it... the Telegraph making stuff up about benefits claimants?

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https://benefitsinthefuture.com/lies-damned-lies-and-the-telegraph/
 
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