The Economist was right. This budget is almost diametrically the opposite to what Reeves and Starmer were saying and implying only a few months ago. It is appalling, and the long term affects will be awful. If you work hard, are self employed and do more hours, take risks, start up a company, employ people, strive to really better yourself and yours, you will be hit. These are the people who create ALL the wealth, the State only spends it. This is the first government of any kind with not a single person in cabinet who has any experience of the world where wealth is made. And it shows up very badly. They have a majority of 169, and have presented a budget written by the far left of the party, in the hope that they don't get ousted from their ceremonial chairs. Rudderless doesn't begin to describe it . Sooner or later, the spending will have to stop. The markets will stop it . Socialism has never worked. Never in the dozens of times it has been forced on economies. It always fails for the same reasons and the same will happen here. Inflation will rise. Growth will halt and recession will follow. Debt will soar. Stagnation will follow that. It's just numbers, it always happens. And it can't even be slowed down by exploiting our vast natural resources, as they are shutting them down.
What a load of crap, people are not short sighted they are just sick of their hard earned money going to the workshy. I have no issue with supporting the needy but straight after Del & Rodneys budget we are presented with families who will benefit from the budget. A family of 6 soon to become 7, both parents on universal credit but delighted because they will have a lovely christmas this year with the extra benefits they will receive. A bangladeshi family of 8 obviously even more delighted with their new found wealth. Instantly made richer than working family of 4. It stinks to high heaven
There was an article yesterday about the changes to mobility, of course the person they showed was a disabled woman with a modified car, which should be the main recipient of mobility, 99% of people agree with mobility for her. Just not people getting a expensive car with money that was initially for people to modify home to help them get about