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Money and Budget 2023 Nov Predictions
MBA MBA
Posted: 22 November 2023 13:35:17(UTC)
#61

Joined: 16/12/2012(UTC)
Posts: 1,725

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Is that it?
Nothing on IHT and as far as I can see nothing on ISA or SIPPs or savings interest?
Hmt not yet released statement so cannot check. Maybe I’m wrong.

British ISA where are you my darling?
1 user thanked MBA MBA for this post.
Tim D on 22/11/2023(UTC)
eain
Posted: 22 November 2023 13:43:23(UTC)
#62

Joined: 29/10/2012(UTC)
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Damp squib!
1 user thanked eain for this post.
MBA MBA on 22/11/2023(UTC)
Newbie
Posted: 22 November 2023 13:47:18(UTC)
#63

Joined: 31/01/2012(UTC)
Posts: 3,819

Emphasis has everything to do with trying to woo the red army (maybe to keep the oldies as well) and nothing to do with fiscal responsibility.
Oh dear oh dear !
Neminem Laedit
Posted: 22 November 2023 13:50:36(UTC)
#64

Joined: 17/09/2018(UTC)
Posts: 1,473

Looks like my rental income is up 17.5%

Thanks Jezza !
MBA MBA
Posted: 22 November 2023 14:03:23(UTC)
#67

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Remember when Osborne pulled out changes to IHT and stoped brown from calling an election. That’s what Tory MPs needed. And they got some wet, limp, technocrat.
2 users thanked MBA MBA for this post.
Keith Cobby on 22/11/2023(UTC), Guest on 22/11/2023(UTC)
Thrugelmir
Posted: 22 November 2023 14:04:49(UTC)
#68

Joined: 01/06/2012(UTC)
Posts: 5,333

Was always going to be a budget for growing the economy. Fiscal drag remains in place. While making going to work to earn money more attractive.

In the small print has been tinkering with ISA's it seems.
Keith Cobby
Posted: 22 November 2023 14:17:03(UTC)
#69

Joined: 07/03/2012(UTC)
Posts: 5,064

A wasted opportunity. Hunt has put money in the pockets of the lower paid through minimum wage and NI reduction, but nothing to encourage saving and investing. Good piece by Jeremy Warner in today's Telegraph (Britain has given up saving). Glad I no longer have any UK focused funds.
Robert D
Posted: 22 November 2023 14:24:32(UTC)
#70

Joined: 06/11/2016(UTC)
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Reducing national insurance by 2pts but not adjusting thresholds in a high inflation environment is a real terms personal tax increase.

It's so disappointing to see that the ordinary people do not even realise they are getting materially poorer every year, both on an absolute basis and relative to their peers in other countries. All this while the 'old money' continues to be protected.

It's shameful how steeped in elitism the country still is but is only to be expected under a Conservative government

4 users thanked Robert D for this post.
Tim D on 22/11/2023(UTC), Rookie Investor on 22/11/2023(UTC), Guest on 22/11/2023(UTC), lenahan on 23/11/2023(UTC)
Ian Eccles
Posted: 22 November 2023 14:38:42(UTC)
#73

Joined: 04/07/2021(UTC)
Posts: 1,080

He does go on, what an old windbag.
What he had to say could have been condensed into a 10 minute speech.
NoMoreKickingCans
Posted: 22 November 2023 14:44:44(UTC)
#74

Joined: 26/02/2012(UTC)
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Everything goes back to the idiotic spaffing away of £400billion on Covid to damn all impact.

Why on earth Johnson and co ever thought that was remotely sensible is beyond me.

Get elected - spend absolutely massive amounts of public money on a short term passing mock emergency - spend it on things that deliver zero long term benefit, just pour it down the drain, nothing to show for it now, nothing at all - 4 years later reap what you sowed, huge national debt costs of almost £100 Billion every year.

The economic literacy of an ameoba from the Tory party.
(Of course labour wanted to spend even more, even faster, lockdown for longer etc)

Politically insane - if you just won an election why are you worried about your popularity to the tune of £400 Billion - by the next election covid will be just a distant memory for most people.
2 users thanked NoMoreKickingCans for this post.
Captain Slugwash on 22/11/2023(UTC), Guest on 22/11/2023(UTC)
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