Rachel Reeves

[Gargamel]

Rufus Stone said:

Like this you mean?

https://www.nsandi.com/british-savings-bonds

Yes like that - only with better advertising and a tax break.

[Camoradi]

Gargamel said:

Rufus Stone said:

Like this you mean?

https://www.nsandi.com/british-savings-bonds

Yes like that - only with better advertising and a tax break.

The rates available are actually quite attractive to a cautious saver/investor. No need to spread money around multiple building societies to stay below the £85,000 guaranteed amount.

Rachel should do an exciting advertising campaign to promote them. She could have a catchy catch phrase like "check mate" which would be a word play on her massive chess brain.

[oyster]

s1962a said:

wiggy001 said:

s1962a said:

philv said:

These tax grab budgets are going to be an annual thing as each previous budget causes significant damage to the economy and reduced tax revenues.

It's evident that making big changes to taxation is noften counter productive with taxation / tax revenues beIng finely balanced.

Spending has to come down.

We aren't willing to even discuss the difficult choices without ego's getting in the way. For example, keeping trident running

Google AI said:

with one report in June 2024 suggesting the UK spent £6.5 billion on the Defence Nuclear Enterprise in 2022/23, with other figures suggesting a spend of £12,000 a minute

I understand the need for this type of deterrent, but when the country is on it's knees, who exactly are we trying to appease by keeping trident running?

Of all the areas we could make cuts, our defences certainly shouldn't be one of them. We spent close to £200bn on the NHS in the same year - if you want to save £6bn you could cut it from the NHS budget and nobody would even notice.

Yes, thats fair. Why not do both? What benefits are we getting from trident at the moment that we couldn't easily do without? This is my point - we talk about wanting cuts, but there always seems to be an objection and the can kicked to someone else. We can make cuts in all areas, and defense shouldn't be off limits.

It isn’t happening.

No one wants cuts that affect them. So none will happen.

The entire country, including PHers, are milking the teat of public expenditure.

[swisstoni]

oyster said:

s1962a said:

wiggy001 said:

s1962a said:

philv said:

These tax grab budgets are going to be an annual thing as each previous budget causes significant damage to the economy and reduced tax revenues.

It's evident that making big changes to taxation is noften counter productive with taxation / tax revenues beIng finely balanced.

Spending has to come down.

We aren't willing to even discuss the difficult choices without ego's getting in the way. For example, keeping trident running

Google AI said:

with one report in June 2024 suggesting the UK spent £6.5 billion on the Defence Nuclear Enterprise in 2022/23, with other figures suggesting a spend of £12,000 a minute

I understand the need for this type of deterrent, but when the country is on it's knees, who exactly are we trying to appease by keeping trident running?

Of all the areas we could make cuts, our defences certainly shouldn't be one of them. We spent close to £200bn on the NHS in the same year - if you want to save £6bn you could cut it from the NHS budget and nobody would even notice.

Yes, thats fair. Why not do both? What benefits are we getting from trident at the moment that we couldn't easily do without? This is my point - we talk about wanting cuts, but there always seems to be an objection and the can kicked to someone else. We can make cuts in all areas, and defense shouldn't be off limits.

It isn t happening.

No one wants cuts that affect them. So none will happen.

The entire country, including PHers, are milking the teat of public expenditure.

As are most of the EU. Living far too high on the hog compared to income.
Its like everyone has been covering their ears an shouting "la la la la not listening".

[pheonix478]

s1962a said:

...What benefits are we getting from trident at the moment that we couldn't easily do without?

Hey Leonid what benefits are we getting from Molodets at the moment that we couldn't easily do without?

[Rufus Stone]

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

[M1AGM]

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

How much more?

[tim0409]

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

That isn’t something to celebrate.

[simon_harris]

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

EFA

More parents prepared to sacrifice more for their children than expected.

I hope the vile woman is spitting her teeth out at the thought of children still in private education despite her efforts to ruin it.

[swisstoni]

simon_harris said:

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

EFA

More parents prepared to sacrifice more for their children than expected.

I hope the vile woman is spitting her teeth out at the thought of children still in private education despite her efforts to ruin it.

Parents faced with ripping their kids out of a school half way through their education or finding a way to pay.
Nice. Real nice.

[M1AGM]

Reeves making weird promises to business today:

https://www.bbc.co.uk/news/articles/c629z48jjg7o

The chancellor said the changes will save firms almost £6bn a year by the end of the parliamentary term.
The measures include plans to reform the company merger process. New "simpler corporate rules" will remove requirements for small businesses to submit lengthy reports to Companies House, the Treasury said.
The changes will apply to over 100,000 firms such as family-run cafes.


Anyone have clue wtf this is about? Lengthy reports, does she mean accounts? So what about MTD and the new director ID requirements….

And yeah merger costs are top of most businesses concerns, ffs.

[119]

simon_harris said:

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

EFA

More parents prepared to sacrifice more for their children than expected.

I hope the vile woman is spitting her teeth out at the thought of children still in private education despite her efforts to ruin it.

To be read as.. Labour are managing to fk people over more than expected.

Quite amusing to see some take this as a positive.

[ooid]

Fresh research on non*doms.

Massive blow to HMRC already.

https://cweconomics.co.uk/wp-content/uploads/2025/...

[98elise]

s1962a said:

wiggy001 said:

s1962a said:

philv said:

These tax grab budgets are going to be an annual thing as each previous budget causes significant damage to the economy and reduced tax revenues.

It's evident that making big changes to taxation is noften counter productive with taxation / tax revenues beIng finely balanced.

Spending has to come down.

We aren't willing to even discuss the difficult choices without ego's getting in the way. For example, keeping trident running

Google AI said:

with one report in June 2024 suggesting the UK spent £6.5 billion on the Defence Nuclear Enterprise in 2022/23, with other figures suggesting a spend of £12,000 a minute

I understand the need for this type of deterrent, but when the country is on it's knees, who exactly are we trying to appease by keeping trident running?

Of all the areas we could make cuts, our defences certainly shouldn't be one of them. We spent close to £200bn on the NHS in the same year - if you want to save £6bn you could cut it from the NHS budget and nobody would even notice.

Yes, thats fair. Why not do both? What benefits are we getting from trident at the moment that we couldn't easily do without? This is my point - we talk about wanting cuts, but there always seems to be an objection and the can kicked to someone else. We can make cuts in all areas, and defense shouldn't be off limits.

Its a deterrent, without it we have no deterrent. How many times has Putin threatened Europe in the mast couple of years? At one point it seemed like a weekly threat. We certainly can't rely on the US.

In addition we have a commitment to spend a set amount of GDP for NATO so what money are we saving?

Our armed forces are a shadow of their former self so we can't cut them any more. We can't even crew the few ships we have left, and submarine patrols now often exceed 6m each when they should only be 3m.

Edited by 98elise on Tuesday 21st October 17:42

Edited by 98elise on Tuesday 21st October 17:44

[768]

swisstoni said:

simon_harris said:

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

EFA

More parents prepared to sacrifice more for their children than expected.

I hope the vile woman is spitting her teeth out at the thought of children still in private education despite her efforts to ruin it.

Parents faced with ripping their kids out of a school half way through their education or finding a way to pay.
Nice. Real nice.

Quite. Halfway through a school year even. Come back with the figures on how much money it's raised, how many schools have closed, how many kids have gone into the state sector or abroad after 7-13 years.

[MEC]

M1AGM said:

Reeves making weird promises to business today:

https://www.bbc.co.uk/news/articles/c629z48jjg7o

The chancellor said the changes will save firms almost £6bn a year by the end of the parliamentary term.
The measures include plans to reform the company merger process. New "simpler corporate rules" will remove requirements for small businesses to submit lengthy reports to Companies House, the Treasury said.
The changes will apply to over 100,000 firms such as family-run cafes.


Anyone have clue wtf this is about? Lengthy reports, does she mean accounts? So what about MTD and the new director ID requirements .

And yeah merger costs are top of most businesses concerns, ffs.

Companies House filing rules were recently changed so that all companies were going to have to file a full P&L account from April 2027. There was quite a bit of anger from small firms on the basis of privacy (ie, you could see how much the builder down the road was earning etc). This sounds to me like they are going to exempt small firms, maybe turnovers <£100K?

So, saving them filing something they dont have to file yet?

[M1AGM]

MEC said:

M1AGM said:

Reeves making weird promises to business today:

https://www.bbc.co.uk/news/articles/c629z48jjg7o

The chancellor said the changes will save firms almost £6bn a year by the end of the parliamentary term.
The measures include plans to reform the company merger process. New "simpler corporate rules" will remove requirements for small businesses to submit lengthy reports to Companies House, the Treasury said.
The changes will apply to over 100,000 firms such as family-run cafes.


Anyone have clue wtf this is about? Lengthy reports, does she mean accounts? So what about MTD and the new director ID requirements .

And yeah merger costs are top of most businesses concerns, ffs.

Companies House filing rules were recently changed so that all companies were going to have to file a full P&L account from April 2027. There was quite a bit of anger from small firms on the basis of privacy (ie, you could see how much the builder down the road was earning etc). This sounds to me like they are going to exempt small firms, maybe turnovers <£100K?

So, saving them filing something they dont have to file yet?

Yes sounds about right for this lot.

[Garvin]

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

So what? That’s only one half of the ‘equation’. What is the net effect when those families transfer spend from other VAT charged goods and services to pay the vastly increased school fees. How much tax payers money will be required to school the unfortunate ones ‘ejected’ from private education including additional SEN kids? At the end of the day it could well end up a zero sum financial game or even worse!

[Earthdweller]

119 said:

To be read as.. Labour are managing to fk people over more than expected.

Quite amusing to see some take this as a positive.

Who is therefore suffering and losing out as those parents divert their disposable incomes?

[Gecko1978]

119 said:

simon_harris said:

Rufus Stone said:

VAT on school fees raising more than expected.

https://www.telegraph.co.uk/money/tax/news/labour-...

EFA

More parents prepared to sacrifice more for their children than expected.

I hope the vile woman is spitting her teeth out at the thought of children still in private education despite her efforts to ruin it.

To be read as.. Labour are managing to fk people over more than expected.

Quite amusing to see some take this as a positive.

Thing is they don't see harming one group won't help another. Have schools improved....appears not....are new graduates genius level and creating new tesla bitcoin or Google nope. But you know what is happening people like me will still pay the fees an pull favours to get our kids on the right grad scheme etc without so much as an application form....