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[Other Sport] *** 2024 Autumn Budget Official Thread ***



Bozza

You can change this
Helpful Moderator
Jul 4, 2003
57,084
Back in Sussex
Although it's considerably more important to be able to do a good job, than talk about doing a good job, I was impressed with Rachel Reeves yesterday.

As someone who has previously come across as a weird AI-generated robot, her delivery was impressive, getting the tone just right, with well-timed touches of humour to break up what could otherwise be a very, very dry monologue.

When she popped up for a Q&A on 5Live this morning, lacking a prepared script to fall back on, I assumed she'd revert to type, but she still came across well.

The first question she faced related to the Employers' NI uplift, where she was challenged that it did represent a tax rise on working people. She didn't try to squirm out of that and was accepting of the OBR's analysis, which states it could affect 50,000 jobs and will impact people's wages.

On a follow-up point, referencing the OBR stating that people will feel poorer because businesses will deflate wages / wage rises now, she said she expressed contrition, saying she was not "immune to that criticism."

It was refreshing to hear a politician accept the charges levied against them. They were just and fair, of course, as illustrated by the OBR analysis, but too many times we hear politicians try to weasle their way out of such challenges.

The one area where I think she didn't come across well was on the farm inheritance tax change. It's not something i have any awareness of, but she seemed a bit tone deaf to the potential implications on cash-poor farming families who have no desire to sell off any of their business in order to stay in farming. She said the government were going to speak to the NFU to understand their concerns - shouldn't that have been done before now?
 








A1X

Well-known member
NSC Patron
Sep 1, 2017
20,361
Deepest, darkest Sussex
Why can’t you be saying it to both?

Celebrating Clarkson ‘not getting his way’ on this issue is utterly infantile. Makes no difference to his fortune. Makes a huge difference to the fortunes of farmers who, as you’ve already pointed out, are being shat on from various directions.
 






Bold Seagull

strong and stable with me, or...
Mar 18, 2010
30,412
Hove
He can get to f@ck. our country is on its knees. I, and i am sure many others, would much rather we spent more money here than anywhere else.
Overseas aid is a bit of a fraud anyway. The contributions are often made on the commitment that the services are bought back from the donating country.

I know there are those who get hot and bothered that it’s just gift money to foreigners, but really it’s a creating customers investment at the end of the day.
 




beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,946

it's not great for farmers. back of the envelop calc from an av land value of £11500per acre means any farm over about 80-90 acres will be paying. that'll be 40-50% of farms.

clever people with money will find ways around the limit, so it'll be the actual farmers that pay, not the Clarksons and others who may have invested as a IHT avoidance.
 








Diablo

Well-known member
NSC Patron
Sep 22, 2014
4,368
lewes
it's not great for farmers. back of the envelop calc from an av land value of £11500per acre means any farm over about 80-90 acres will be paying. that'll be 40-50% of farms.

clever people with money will find ways around the limit, so it'll be the actual farmers that pay, not the Clarksons and others who may have invested as a IHT avoidance.
Farmhouse and buildings will mean almost any farm will be paying. The smaller the farm the bigger the percentage farmhouse value.
 




Jim in the West

Well-known member
NSC Patron
Sep 13, 2003
4,939
Way out West
The media pile-on after this budget has been massively OTT, in my view. The country's core public services are on their knees after 14 years of neglect and ineptitude, and desperately need huge financial (and non-financial) investment. The government has inevitably had to make some painful decisions in order to start the re-build. But even the BBC seem to have gone full-on Daily Telegraph in demonising the Budget. No wonder political parties have to be so evasive in the run-up to General Elections. The slightest bit of honesty and you're toast. Very depressing. But well done to Rachel Reeves and Labour for at least trying to start repairing our public services.
 


Titanic

Super Moderator
Helpful Moderator
Jul 5, 2003
39,866
West Sussex
Farmhouse and buildings will mean almost any farm will be paying. The smaller the farm the bigger the percentage farmhouse value.

and as most farmers and farms have assets but not cash - the debt will be unsustainable for the next generation. Probably best to stop producing local food and sell to the property developers now.
 






nicko31

Well-known member
Jan 7, 2010
18,404
Gods country fortnightly
and as most farmers and farms have assets but not cash - the debt will be unsustainable for the next generation. Probably best to stop producing local food and sell to the property developers now.
Its not good for agriculture. Many family farms face being broken up and it could be stifle investment we need to secure our food supply. They could have introduced rules to avoid people buying up farms for tax avoidance.

IMHO they've thrown the baby out with the bath water.


In future, we're be eating more and more imported food produced to low post Brexit food standards
 


Machiavelli

Well-known member
Oct 11, 2013
17,704
Fiveways
The media pile-on after this budget has been massively OTT, in my view. The country's core public services are on their knees after 14 years of neglect and ineptitude, and desperately need huge financial (and non-financial) investment. The government has inevitably had to make some painful decisions in order to start the re-build. But even the BBC seem to have gone full-on Daily Telegraph in demonising the Budget. No wonder political parties have to be so evasive in the run-up to General Elections. The slightest bit of honesty and you're toast. Very depressing. But well done to Rachel Reeves and Labour for at least trying to start repairing our public services.
Not sure I agree with what you've said about the BBC -- they haven't demonised the budget, and there's a chasm between their coverage and what you'll get in the DT. But, then again, the DT thought that the Truss budget was the best ever -- see below

 








LamieRobertson

Not awoke
Feb 3, 2008
48,263
SHOREHAM BY SEA
Although it's considerably more important to be able to do a good job, than talk about doing a good job, I was impressed with Rachel Reeves yesterday.

As someone who has previously come across as a weird AI-generated robot, her delivery was impressive, getting the tone just right, with well-timed touches of humour to break up what could otherwise be a very, very dry monologue.

When she popped up for a Q&A on 5Live this morning, lacking a prepared script to fall back on, I assumed she'd revert to type, but she still came across well.

The first question she faced related to the Employers' NI uplift, where she was challenged that it did represent a tax rise on working people. She didn't try to squirm out of that and was accepting of the OBR's analysis, which states it could affect 50,000 jobs and will impact people's wages.

On a follow-up point, referencing the OBR stating that people will feel poorer because businesses will deflate wages / wage rises now, she said she expressed contrition, saying she was not "immune to that criticism."

It was refreshing to hear a politician accept the charges levied against them. They were just and fair, of course, as illustrated by the OBR analysis, but too many times we hear politicians try to weasle their way out of such challenges.

The one area where I think she didn't come across well was on the farm inheritance tax change. It's not something i have any awareness of, but she seemed a bit tone deaf to the potential implications on cash-poor farming families who have no desire to sell off any of their business in order to stay in farming. She said the government were going to speak to the NFU to understand their concerns - shouldn't that have been done before now?
I agree with you re delivery of a speech that lasted quite a lengthy time and consistent through out ….one of the best for some while ….not sure KS could have got anywhere near her performance.
……slightly OT…they don’t do themselves any favours

IMG_2397.jpeg
 


A mex eyecan

Well-known member
Nov 3, 2011
3,802
I agree with you re delivery of a speech that lasted quite a lengthy time and consistent through out ….one of the best for some while ….not sure KS could have got anywhere near her performance.
……slightly OT…they don’t do themselves any favours

View attachment 191682
they don’t get it do they ….
We‘re with you, all you are suffering real hardship, we are with you.
I don’t care what friggin party they are, they just don’t get it.
Rub your friggin’ noses in it …


EDIT…..
Maybe they didn’t buy these boots, maybe they were gifted al la SKS
 


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