Budget 2018

[233]

Anyone else watching?


just tuned in jobs figures sound promising and for the 5 minutes I've seen so far seem all positive.

defecits down as well to 1% which promising, still racking up debt till 2023 though ffs
maybe should reign the spending in a touch and get us on a sound financial footing first

 

[Freakbro]

Ignore the forecasts for anything past 2020, it's just ******* in the wind and he's hardly going to make them sound negative is he

The main interesting points are the spending / tax pledges

Dedicated mental health crisis services to be set up in the NHS sounds very positive. He also sounds like he's opening the purse strings to various budgets which sounds good. As always though the devil is in the detail and once the bean counters have produced their analysis you get a better idea of what his speech actually entails

 

[robj20]

No. Usually just read the summary at the end.

 

[StriderX]

It's 99% utter *****.

 

[Freakbro]

The end of using PFI?....can't complain at that!

 

[robj20]

It's 99% utter *****.

True dat. Promise things for next year then chancc their mind next year.
Fuel duty freeze is probably as good as it gets these days.

 

[Freakbro]

AIA back up to 1 million, lol, they never leave that one alone

 

[andicole0]

Nothing a politician predicts can be held against them and should not be taken seriously!
Andi.

 

[StriderX]

I like how he said he's reached the target for dealing with the debt/deficit, yet i'm pretty much 100% sure said target changed every single year during Osbornes pitiful reign.

 

[Steedie]

IR35 changes to private sector are annoying but there will always be ways round it I guess

 

[McPhee]

Digital Services Tax announced with a nice 18 month lead time to allow the big accounting firms time to plan a way around it

Will it raise the planned £400m? I'll believe it when I see it.

 

[Freakbro]

Living wage up to £8.21 in April, can't remember what I predicted in my own company budget in Sept

edit : nvm he was pontificating. Personal allowance rises brought forward a year to Apr 2019 to £12,500 and £50k

 

[Sui]

Overall I think it's a pretty good budget, he's done well in my opinion.

 

[Ayahuasca]

Looks good on paper but I can't wait to see the backtracking once Brexit is in full swing.

 

[Freakbro]

Yea, looks like quite a good giveaway budget which is always nice (a bit of a sticky plaster one though in places) hence the deficit is due to rise next year

But hasn't he already said if we don't reach a deal with the EU by March he'll have to do another Budget, so it could all change. Let's hope it doesn't come to that.

 

[darkgen]

The increases to the personal thresholds are certainly most welcome!

 

[Diddums]

Ah, the annual tell-them-what-they-want-to-hear-to-get-votes meeting, yippee.


We're getting a new 50p coin guys, it's all gravy.

 

[StriderX]

Yea, looks like quite a good giveaway budget which is always nice (a bit of a sticky plaster one though in places) hence the deficit is due to rise next year

But hasn't he already said if we don't reach a deal with the EU by March he'll have to do another Budget, so it could all change. Let's hope it doesn't come to that.

Hopefully it does, country needs a slap.

 

[Hagar]

I think that it was a good budget overall with help for most parts of the economy.

 

[Martini1991]

Living wage up to £8.21 in April, can't remember what I predicted in my own company budget in Sept

edit : nvm he was pontificating. Personal allowance rises brought forward a year to Apr 2019 to £12,500 and £50k

That'd still make it 19p behind the schedule of 9 pound by 2020 pledge of Cameron. I think that's well and truly been ignored.