I don't think anyone could argue they are left in desperate poverty over the WASPI issue though? It's not as though anyone was 'due' a payment until the government made a determination. Having removed one benefit (WFA) that went to millions of undeserving recipients, I can see why they wouldn't want to authorize the creation of another one at a cost of £10Bn to the taxpayer. A wealth tax would be difficult to assess and very difficult to collect. I doubt you'd get beyond the inevitable legal challenges before your first term was up. What Labour have done is to address some of the unfair advantages of the wealthy by removing APR and the VAT exemption on private school fees. Aside from these measures and the employers' NI contribution increase, Labour have bet on 'growth'. Given the economy they inherited, and growing global isolationist trends, it's going to be very difficult to achieve that growth. As the realisation of the self-harm we've inflicted through brexit grows, I wonder if, in say three years' time, Labour will consider a further referendum on how people feel about EU membership? The consensus among economists is that leaving cost us 4%. To reverse that would outstrip even what Truss promised with her madcap budget (2.5%) and it seems that polling opinion has changed. Re-putting the referendum question would certainly be high risk, but it might be Labour's only hope in 2029. By then they are likely to be facing an unholy Tory/Reform alliance or a reinstated Boris.
I saw an annoying fat buzzing wasp the other day, and I just shouted at it aggressively and told it to 'F* off!'. And hey it did lol, it worked, because it flew out of the window pronto. Simples!.
Another rise in inflation under them, to the highest figure since March. They could do with some positive news.
That’s a long way of saying politicians cannot do or achieve anything. The messing about on the edges achieves absolutely nothing. Vat would pay for about half an hour of the NHS if collected in full but is likely to be cost neutral with SEND kids returning to the Blackpool system Millions of undeserving from Winter Fuel well thousands by Labour’s own research will die as a result so there’s that. Labour put themselves in a massive straight jacket by not stating they would reverse the unfunded NI Cuts. It makes actual governing very difficult. wealth taxes are an incredibly straightforward way out of that straightjacket. Brexit no party would be stupid enough to reopen that but I suspect we could renegotiate a Norway style deal with FOM and after a bit of broo ha ha no one would care. Starmer hasn’t got either the acumen or desire to do that though. Starmer we’ll herald in Farage and that will be on every single person who hires for him.
You realise how economically illiterate all that is. To recap the finances of a fiat producing nation are not those of a household. The money we ‘owe’ we owe to ourselves. We control money production.
Can.you point me to where they said they would compensate the women. Not being funny, just need this for a project. Rachel Reeves denying it. And I have searched for this but haven't found anything
https://www.mirror.co.uk/news/politics/breaking-waspi-women-wont-compensation-34329862 losing The Mirror in a hostile environment would be beyond as disaster.
https://x.com/benclaimant/status/1869172282440233147?s=46&t=j20zR706pmXrBtdI_7p-NQ https://x.com/saulstaniforth/status/1869020224911253507?s=46&t=j20zR706pmXrBtdI_7p-NQ Reeves, Starmer, Kendall and Raynor all said it.
The issue started with the EU suggesting that the rules for State Pension in the UK discriminated on gender grounds. Men retired later and the statistics pointed to the fact that their life expectancy was less than women. They could have reduced the retirement age for men to 60 but instead chose to increase the retirement age for women. It's since been compounded by the fact that the age you qualify for a State Pension has been increased yet again. It's not as if the UK State Pension is the most generous in the Western World either. Tories and Labour - two cheeks of the same backside.
I’m alright Jack….. What about the thousands who were promised it? Every person has different ways in financial planning, if labour were going to kick it into touch they should’ve kept there gobs shut and not been seen parading banners with them
Labour sniffing around the Aussie State Pension scheme which, if I'm correct, is the only scheme in the Western World where the State Pension is not an entitlement but is means tested. If the Pension Credit threshold is the threshold for an entitlement to a Pension then getting old in the UK is not to be recommended.
We can't afford to reduce the retirement age - at least without increasing tax further on the working population that is a shrinking group of people. We now have 1 person retired for every 3 working (11million) - from 1 in 8 back in the early 1980s (4.5 million).
Absolutely agree, Labour should have told them they were having no part of it, and as mentioned above the fact they didn't probably helped cost them the 2019 election. Thankfully the adults are in charge again and have told this set of entitled toddlers they aren't getting anything. "Every person has different ways in financial planning". They need to take some personal responsibility and pull themselves up by their bootstraps. Worst generation ever.
What is the point of having an ombudsman if the findings and recommendations are ignored and turned over……plenty of money to send overseas though
It was obvious inflation would rise after that budget I said it on here but folk were having none of it. Shoe zone have announced store closures today claiming its a direct result of the budget.
Employer's NI and the minimum wage doesn't increase until next April. I suspect that the store closure announcements today are probably the result of their own failings especially as they have been closing stores for the past 12 months.
Money being sent overseas has no bearing on domestic finances - it's a minute drop in the ocean. I know plenty of people round here like to blame forriners - but it's not them who you should be looking at.