The UK General Politics Thread Page 84

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  • Deleted user 20 March 2013 10:37:17
    What are the chances of an immediate stamp duty holiday for first time buyers?

    GIVE ME A BREAK GEORGE!
  • Dougs 20 Mar 2013 13:11:21 83,725 posts
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    Unsurprisingly, another downgrade of the growth forecast. Key points so far:
    http://www.bbc.co.uk/news/uk-politics-21851965
  • Deleted user 20 March 2013 13:15:34
    2015 this 2016 that.

    Not much now....so far.
  • Dougs 20 Mar 2013 13:21:20 83,725 posts
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    Yeah, that's what struck me. Not watching though, so wasn't sure if it was just how it was being reported. Although, thinking about it, it's what Budgets do. Announcements that will come in down the line.
  • spamdangled 20 Mar 2013 13:22:10 30,975 posts
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    So a cancellation of fuel duty increase, a cancellation of beer duty. Other than that... it's a bit dull so far.
  • Deleted user 20 March 2013 13:30:58
    That's it?!

    Utter utter bullshit.

    Welcome to stagnation Britain.
  • Deleted user 20 March 2013 13:37:48
    The biggest plus for me is the tax being brought forward. I don't earn more than 10k So the 200-300 Quid extra will be a great help. Hopefully i have a much better job this time next year though so it won't need applying.

    But yeah a bit dull really, but i don't think it could anything other than.

    Edited by joelstinton at 13:38:19 20-03-2013

    Edited by joelstinton at 13:38:39 20-03-2013
  • Deleted user 20 March 2013 13:40:16
    That's from 2014. You aren't getting shit this year :)
  • DaM 20 Mar 2013 13:40:48 16,837 posts
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    The first 2,000 to be taken off all employers' National Insurance bill - good for me, I can reinvest that in the business.

    Or pre-order a PS4!
  • Deleted user 20 March 2013 13:42:38
    mcmonkeyplc wrote:
    That's from 2014. You aren't getting shit this year :)
    Its 8.8 K this year i think?
  • spamdangled 20 Mar 2013 13:42:53 30,975 posts
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    mcmonkeyplc wrote:
    That's from 2014. You aren't getting shit this year :)
    The threshold goes up this year too :)
  • Deleted user 20 March 2013 13:51:19
    Not to 10,000.
  • Deleted user 20 March 2013 13:55:33
    The National insurance relief, the cut in corporation tax, the incentives for shale gas investment all incentives for business.

    For the general public: working family child credit, 1p off a pint, freeze in fuel duty, equity loans for moving up the property loan.

    It doesn't feel like we're all in this together.

    A cut in VAT would've done better than all of that for the general public, instead he gives the equivalent cut to business only.
  • Mr_Sleep 20 Mar 2013 13:59:24 21,307 posts
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    mcmonkeyplc wrote:
    the incentives for shale gas investment all incentives for business.
    Yay! I for one love it when the water table is polluted and the countryside is destabilised. It brings a warm glow to my heart!
  • DaM 20 Mar 2013 14:00:44 16,837 posts
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    Business has to be supported. Growth is required. I've had nothing but losses in the past few budgets, this is the first I can remember where I'll have some extra cash to play with in growing my business.

    Small business owners are people, have families, too!

    The shale gas business is asking for trouble though.

    Did he say that Overseas Aid was still ringfenced? I heard a few mutterings by Tories, was worried maybe that was for the chop.

    Edited by DaM at 14:03:09 20-03-2013
  • Deleted user 20 March 2013 14:02:19
    Yeah I appreciate that but it takes time to filter down to general consumers. There just seems to be a lack of direct stimulus for the people that buy actual products.
  • DaM 20 Mar 2013 14:04:14 16,837 posts
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    mcmonkeyplc wrote:
    Yeah I appreciate that but it takes time to filter down to general consumers. There just seems to be a lack of direct stimulus for the people that buy actual products.
    I think a general boost in economic confidence would help - if the gloom and doom recedes, people will start spending.
  • Deleted user 20 March 2013 14:09:07
    For that to happen we need to stimulate the business AND consumers not just one.

    He hasn't even managed to stimulate via the infrastructure spending this year. That has to wait to 2015. 3.5bn is peanuts even then.

    One more budget and outlook like that and George is finished.
  • spamdangled 20 Mar 2013 14:09:46 30,975 posts
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    mcmonkeyplc wrote:
    Not to 10,000.
    No, but it still goes up quite a bit. It's gone up significantly every year this parliament (though it has been more than offset by the impact of the austerity measures and spiralling cost of living).
  • rudedudejude 20 Mar 2013 14:12:57 2,340 posts
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    That 'raise your hand' move by milliband is without a doubt the only time he has ever entertained me and actually made me think he was quite original.

    More dramatic theatre in politics please!

    The shale gas move is just an invitation to bring big US business to the UK and see all revenues being sent abroad, through some fiddled tax arrangements no doubt. While making the earth shake. Woop!

    Edited by rudedudejude at 14:15:01 20-03-2013

    Edited by rudedudejude at 14:16:37 20-03-2013
  • RobTheBuilder 20 Mar 2013 14:16:35 6,976 posts
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    The fact that the Tories don't answer the question shows just how much they have to hide.
  • Mr_Sleep 20 Mar 2013 14:20:54 21,307 posts
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    Wow, 1p off the cost of a pint. It's like we're living in some kind of utopia. This is sure to make me run out and prop up the bar and the economy.

    All this talk of stimulating consumers, while I agree entirely, what is there to be consumed? Are you talking about housing, domestic appliances, household goods?
  • Mr_Sleep 20 Mar 2013 14:22:11 21,307 posts
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    rudedudejude wrote:
    The shale gas move is just an invitation to bring big US business to the UK and see all revenues being sent abroad, through some fiddled tax arrangements no doubt. While making the earth shake. Woop!
    It's so incredibly short sighted and wrong, I'd be very surprised if Osborne isn't getting ready for his career after steering the UK ship into the rocks.
  • Deleted user 20 March 2013 14:29:08
    Mr_Sleep wrote:
    Wow, 1p off the cost of a pint. It's like we're living in some kind of utopia. This is sure to make me run out and prop up the bar and the economy.

    All this talk of stimulating consumers, while I agree entirely, what is there to be consumed? Are you talking about housing, domestic appliances, household goods?
    Yes, all the things that would be happening should the economy ever grow. You buy a new house, improve your house because you're doing better because the company you work for/own is doing better. Because you spend more, more people have more money and they too can have more.

    Spend within your means though.

    Let's not get into the growth for the sake of growth argument either.
  • Mr_Sleep 20 Mar 2013 14:36:54 21,307 posts
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    Hah, cut that one off at the pass, I see :-) I'm more interested to know whether this dip is a standard one post recession and that things will cycle up and growth will happen or whether the lack of growth is more concerned with a sea change in the way people approach consuming goods. A lot people have been hurt by the situation with credit and home owning is in a pretty bad state. Pensions are probably going to cease to exist as a government backed initiative within 20 years so I guess my question is as to whether things are turning a corner towards a return to the normal operation or whether it's turning towards something better, different or worse?
  • RobTheBuilder 20 Mar 2013 14:38:06 6,976 posts
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    Mr_Sleep wrote:
    rudedudejude wrote:
    The shale gas move is just an invitation to bring big US business to the UK and see all revenues being sent abroad, through some fiddled tax arrangements no doubt. While making the earth shake. Woop!
    It's so incredibly short sighted and wrong, I'd be very surprised if Osborne isn't getting ready for his career after steering the UK ship into the rocks.
    They have high paid directorships at oil and gas companies waiting for them. Along with a tax cut.

    The government in this country is sickening. Bring on the next election.
  • Deleted user 20 March 2013 14:49:40
    Mr_Sleep wrote:
    Hah, cut that one off at the pass, I see :-) I'm more interested to know whether this dip is a standard one post recession and that things will cycle up and growth will happen or whether the lack of growth is more concerned with a sea change in the way people approach consuming goods. A lot people have been hurt by the situation with credit and home owning is in a pretty bad state. Pensions are probably going to cease to exist as a government backed initiative within 20 years so I guess my question is as to whether things are turning a corner towards a return to the normal operation or whether it's turning towards something better, different or worse?
    The dips have been going on 5 years now. We may be into a triple dip recession at the end of this quarter/next quarter.

    We're moving away from normal corrective recession into a stagnation territory now. The kind that it is very hard to steer out of.

    If people carry on expecting things to get shit and stay shit their habits will change to cope with it. People just save all their money, spend as little as possible and the economy gets stuck in a rut. Our major trading partners are in a mess as well.

    Apparently though George just cares about saving our triple A rating...cutting our debt... he's failed at both of those. Making sure we can borrow cheaply, we can do that already without out cherished AAA rating that no one gives a shit about any more.

    He's very unlucky as a chancellor but he's also far too stubborn for me to feel sorry for him. The cut in the credit rating and the lack of impact should've been a wake up call to him. He just didn't listen.

    Edited by mcmonkeyplc at 14:50:25 20-03-2013
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