Emergency Budget

Anyone going to be affected much?

It amazes me that savers are going to be targeted yet again! Social engineering at its worst.

...I wouldn't want to be a teacher right now.

Didnt think the budget was for another 4 weeks yet...?

Originally Posted by keithd

Didnt think the budget was for another 4 weeks yet...?

i thought that too

Originally Posted by gettin2dizzy

Anyone going to be affected much?

It amazes me that savers are going to be targeted yet again! Social engineering at its worst.

...I wouldn't want to be a teacher right now.

Dont know without seeing it really. You think its going to be bad for teaching? I kinda hope not since im in education, would be just my luck if I lost my job.

Labour has left this country with massive debts...worse than Greece.

Money has to be paid back somehow.....personally I'd cut all benefits.

Originally Posted by BigBaddad

Labour has left this country with massive debts...worse than Greece.

Money has to be paid back somehow.....personally I'd cut all benefits.

Indeed to both. Funny how people will still somehow blame the current government for it all. I still talk to people who think they should spend more not less

Originally Posted by keithd

Didnt think the budget was for another 4 weeks yet...?

It isn't, but most of it has been outlined already. National Insurance up, middle earners targeted and savings to be more heavily taxed... oh but inheritance tax will be eased

Originally Posted by ThEGr33k

Indeed to both. Funny how people will still somehow blame the current government for it all. I still talk to people who think they should spend more not less

This government were sitting in parliament whilst Labour fudged up. They could have at any time stood up to them, but they chose to play with their allowances.

Originally Posted by gettin2dizzy

National Insurance up

Where did you hear this....? I understood that ConDems were scrapping the planned Labour rise!

Originally Posted by TazDaz

Where did you hear this....? I understood that ConDems were scrapping the planned Labour rise!

IIRC following post-election releases during the coalition talks, they resolved to keep part of the employees increase (from 10 to 10.5%?) but scrap Labour's planned employer increase.

Originally Posted by TazDaz

Where did you hear this....? I understood that ConDems were scrapping the planned Labour rise!

They are ... in favour of their own.

http://www.telegraph.co.uk/news/news...ent-plans.html

at the Telegraph's predictable take on it; "Middle classes face higher taxes"