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Budget 2015

Infinity
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Budget 2015

Chancellor George Osborne is to deliver his last Budget of the Parliament on 18 March, less than two months before the date of the general election.
It's a good time to be getting older !!
According to the Conservatives, as they ingratiate themselves with the "Grey Vote"
Pension Reforms
Inheritance Tax
Being enabled to spend your last days at Home.

Just some of the inducements to vote Conservative...

Though all of the above are certainly welcome, for the future anyway.

And then we will get their Election Manifesto a couple of weeks later...
However, a hung Parliament after the Election may give some power to the smaller parties...

Anyway, Budget day this coming Wednesday 18th March
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Re: Budget 2015

All this pensioner really needs is stability in the markets and growth in the economy. All the rest is window dressing  Smiley
To do is to be - Neitzsche
To be is to do - Kant
do be do be do - Sinatra
Infinity
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Re: Budget 2015

What key phrases will Chancellor George Osborne use in this last Budget before the General Election?
ACCORDING TO SKY NEWS:

Long term economic plan
Fastest growing economy in the G7
Northern powerhouse
Employment rate has never been higher
We're coming after tax evaders
Competence not chaos
Finish the job
Rebalancing
Record low inflation
Infinity
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Re: Budget 2015

The £ in your pocket.............

has changed.

New 12-sided coin designed by teenager beats off 6,000 other entries in Royal Mint competition
George Osborne unveils the new one pound coin design celebrating four nations
The Royal Mint estimates that about three per cent of all £1 coins, around 45 million, in total, are now forgeries.
Over the past few years, around two million counterfeit £1 coins have been removed from circulation each year.
Experts say the new, bi-metallic coin, which will be in two colours, will be the most secure coin in circulation in the world.


http://www.express.co.uk/news/uk/564624/George-Osborne-new-one-pound-coin-design-teenager-David-Pear...

The Chancellor likes to have a "soft news" story on Budget Day
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Re: Budget 2015

One relevant announcement:
Quote
Up to £600m to clear new spectrum bands for auction to improve mobile networks: commitment to deliver ultra-fast broadband to all homes
My bold.
The number he said was at least 100Mb/s
I'm all for that.
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Infinity
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Re: Budget 2015

Kremmen
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Re: Budget 2015

Labour seem to still favour spend spend spend whilst 'promising' a reduced defecit.
I just can't see how the maths work.
I don't like what the Tories haven't done from their manifesto but they do seem have dragged us to the top of European growth having inherited a serious issue.
Let's be careful out there !
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Re: Budget 2015

Quote from: Strat
One relevant announcement:
The number he said was at least 100Mb/s
I'm all for that.

+1 - Be nice if it was UK wide
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Re: Budget 2015

Well he did say all homes Undecided
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Re: Budget 2015

@strat, agreed, it is the same government  that promised fast broadband (>6MB) to all homes by 2015.
That has slipped to 'to the cabinet by 2020' - Still misses 15% of the population.
nanotm
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Re: Budget 2015

to be totally fair to them they said the majority by 2015 and all of them by 2017 originally and many proposals have been delayed because of planning objections from people claiming the cabinet is an eyesore.....
personally I don't care if we have 100meg at the cabinet or 100 meg at the phone socket in the next 5 years but it would be nice if the numbers mentioned were delivered on time if not ahead of schedule, of course it doesn't help that you get people actively campaigning to block upgrade works on the grounds it would disrupt something for a short period, never mind the NIMBY's who dislike the aesthetics being changed ....
just because your paranoid doesn't mean they aren't out to get you
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Re: Budget 2015

Quote from: Kremmen
Labour seem to still favour spend spend spend whilst 'promising' a reduced defecit.
I just can't see how the maths work.
I don't like what the Tories haven't done from their manifesto but they do seem have dragged us to the top of European growth having inherited a serious issue.

both are spending but in different ways.
a tax cut = spending e.g.
I would be surprised if the budget is not the following.
give aways to pensioners
take from unemployed, disabled and the young
some kind of tax relief to the wealthy
nanotm
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Re: Budget 2015

only in so far as they just announced the personal tax allowance will be 11grand a year from april 2016 ...
just because your paranoid doesn't mean they aren't out to get you
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Re: Budget 2015

Quote from: nanotm
the personal tax allowance will be 11grand a year from april 2016 ...
No, 2017.
Which is an increase of £200 a year for the next 2 years, somewhat less than 2% pa.
From the BBC..
Quote
The tax-free personal allowance to rise from £10,600 in 2015-6 to £10,800 in 2016-7 and £11,000 in 2017-8
The threshold at which people start paying 40p income tax to rise by above inflation from £42,385 in 2014-5 to £43,300 in 2017-8
http://www.bbc.co.uk/news/uk-politics-31928641
The 40p change is barely over 2% in 3 years (0.7%pa), so hardly earth-shattering and whether or not it exceeds inflation remains to be seen.
nanotm
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Re: Budget 2015

well the 40% club have to pay for the tax reductions for the rest of us, you cant have a tax cut for the masses and not fund it by taxing the higher end of society ate a higher rate than you otherwise might Smiley
I might disagree with some of the things announced today (he could of dropped the price of a pint by 10p or more and still made more in taxes over a year) but he certainly did more for the poor with that last budge than the last labour government did in their entire tenure..... strange that the party of toffs manages to do what the so called workers party consistently fails to do, i.e. help the poor in any meaningful long term way, its all about platitudes and short term fixes (like hiking the rate of welfare payments and forcing businesses out of the country so more are dependant on the state for the income stream....)
just because your paranoid doesn't mean they aren't out to get you