Budget

[Notch7]

Only if it can continue to sell in a market where no-one's buying.

Caused by brexit

by 2025 brexit has

1) reduced Uk gdp by 6% to 8%

2) reduced investment by between 12% and 18%

3) reduced employment by 3% to 4%

4) reduced productivity by 3% to 4%

 

[Notch7]

People wont have jobs if employers cant afford to employ people...

Is it a vicious circle?

Yet Ftse100 CEOs have given themselves a 70% pay increase since 2020

 

[carmanmemoranda]

Caused by brexit

by 2025 brexit has

1) reduced Uk gdp by 6% to 8%

2) reduced investment by between 12% and 18%

3) reduced employment by 3% to 4%

4) reduced productivity by 3% to 4%

But let's blame the budget because, that's labour !

 

[fillyboy]

A good business will survive tough times.

Yes, by cutting costs and laying off staff. Add the effects of the budget to that and it becomes a doom loop.

 

[pete01]

Yet Ftse100 CEOs have given themselves a 70% pay increase since 2020

That doesnt change what I wrote

 

[aveatry]

Last year's black hole was the Tory one apparently.

Whose is this year's black hole, and whose fault will next year's inevitable shortfall be?

At what point will the govt actually admit responsibility for their mess?

Rachel has blamed everything but the boogie

 

[carmanmemoranda]

Yes, by cutting costs and laying off staff. Add the effects of the budget to that and it becomes a doom loop.

If a business can make money by having an employee then they will still employ.

Any business that is struggling because of a rise in minimum pay isn't doing that well.

I've seen a lot worse than this, haven't you ?

Its a pity our economy wasn't stronger before labour got in

If you think it's all down to this budget then you carry on thinking that. The truth is much different.

 

[Murdochcat]

Caused by brexit

by 2025 brexit has

1) reduced Uk gdp by 6% to 8%

2) reduced investment by between 12% and 18%

3) reduced employment by 3% to 4%

4) reduced productivity by 3% to 4%

And yes @Notch7 voted for Brexit. He is part of the problem

 

[transam]

Apparently the tax code is 22000 pages long

Largest / biggest tax code in the world

Jeez us wept

Country is drowning in pencil pushers / paper shufflers and consultants / administrators

Churning out yet more rules and regs and BS

 

[carmanmemoranda]

Apparently the tax code is 22000 pages long

Largest / biggest tax code in the world

Jeez us wept

Country is drowning in pencil pushers / paper shufflers and consultants / administrators

Churning out yet more rules and regs and BS

And interestingly.

The tax rules are written up (and well understood by) the big 3 or 4 accounting companies. PwC is 1 such.

They want the rulebook to be big and complex.

The whole tax system needs a complete change, but it's not going to happen, the big boys don't want it to .

 

[aveatry]

Rachel has increased all housing rents by 2% in the budget---- well done Rachel

 

[Notch7]

It is interesting that Brexit supporters are moaning about increases in minimum wage for British workers.

They claimed to have voted for Brexit to stop “cheap foreign labour”…..and were applauding lorry drivers getting more money.

But when British workers get more money, they don’t like it.

 

[Notch7]

Rachel has increased all housing rents by 2% in the budget---- well done Rachel

No she hasn’t.

 

[Notch7]

And yes @Notch7 voted for Brexit. He is part of the problem

Do you accept that Brexit has damaged the economy and is a key reason for the problems now?

 

[JohnD]

Rachel has increased all housing rents by 2% in the budget---- well done Rachel

I see you don't know how pricing works.