The budget.

Pen4 said:
I'm glad to pay more tax so lazy bastards can stay at home on benefits and illegals can live at my expense

£660 Billion of tax rises in less than 18 months with more to come
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yep, it's horrible, and in large part due to 13 years of tory mismanagement and brexit and maybe even the lingering effects of covid, despite yr usual tactic of hanging it all on labor.
the tories shouldve put taxes up years ago to balance the books but were too scared they'd be voted out, so it's coming all in one big lump.
alternately, the tories could also have produced all those 'oven ready' trade deals and the extra 350 milion a week for the nhs Boris the economic genius promised to spare us tax rises.
but they didn't because it was all lies.
 
Gnasher65 said:
yep, it's horrible, and in large part due to 13 years of tory mismanagement and brexit and maybe even the lingering effects of covid, despite yr usual tactic of hanging it all on labor.
the tories shouldve put taxes up years ago to balance the books but were too scared they'd be voted out, so it's coming all in one big lump.
alternately, the tories could also have produced all those 'oven ready' trade deals and the extra 350 milion a week for the nhs Boris the economic genius promised to spare us tax rises.
but they didn't because it was all lies.
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bannedontherun said:
I look forward to Reform and the Tories coming out with how they would have done it differently rather than personal attacks.
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Let's blame the Tories everytime we fuck up and take more money off working people!!!

Look at the money they are spunking on policies that no one wants!! Brainwashed dickheads lol!!
 
FoxInEssex said:
Let's blame the Tories everytime we fuck up and take more money off working people!!!

Look at the money they are spunking on policies that no one wants!! Brainwashed dickheads lol!!
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that's because the tories did fuck up and the mess has to be cleaned up.
if you know where the tory magic money tree is why don't you tell reeves so she can keep taxes down.
reeves big clanger is not going after the rich enough and hanging the bill on working people.
 
Nick Timothy, the Conservative MP for West Suffolk, recently commented on the UK government's decision to scrap the two-child benefit cap in Universal Credit (UC), which now allows payments for third and subsequent children in eligible households. In a thread on X (formerly Twitter) posted on November 25, 2025, he focused on the potential impact on foreign-born families.


He stated that there are 710,882 households on Universal Credit with three or more children, and one in three families with three or more children are foreign-born. This implies roughly 236,961 foreign-born families (about one-third of 710,882) could see additional UC payments for their third and further children.


He also noted 341,735 foreign-born families overall could benefit from the policy change, including 191,535 from just ten countries (such as Pakistan and Somalia). These families may include many with British passports or settlement status from the 2021 census onward.


The extra UC child element is £292.81 per month per additional child, so for one extra child in those 191,535 families, it could cost £686 million extra per year.


Timothy's comments highlight his concern that this disproportionately benefits foreign-born families and strains the welfare system, where one in six UC claimants is foreign-born and 66% of refugees already claim benefits. He called it a "welfare giveaway" without a public mandate, funded by higher taxes on British taxpayers.
 
If you and your other half are looking forward to getting up early tomorrow morning to go to work to pay even MORE tax to fund even MORE welfare spending, you may be interested to know...There are 440,000 low income families who will now be eligible for an extra £3,500 a year from taxpayers for EACH child they have above 2 kids. Some have six or more kids. Of those families, 180,000 have NO parents in work while just 46,000 have BOTH parents in work, many of whom work only part-time.
 
That budget was a shit show and the leak by the OBR sums up the last few months.

So Dividend tax rises of 2% across all bands. Many small business owners pay themselves in dividends. It used to be a financial perk to incentivise risk taking and therefore job creation. Now there is NO extra incentive to do so. You may as well go and work for a big corporate or the council. Dividend tax was also lower as in the past it was understood that these people do not have pension entitlements, holiday pay, sickness pay, redundancy protection etc. They forgo all that to stand on their own two feet. This is on top of a 5% hike last year in Corporation tax and higher NI and minimum wage penalties.

Why bother. What a dreadful reward for trying to do the right thing.

This will mean less start ups, less job creation and less productivity. It will lead to people drawing less out of their business' and setting in motion their own laffer curve. The Gilt market is already realising this and yesterdays drop has been reassessed. Their policies are dreadful for growth. None of them or their Think Tank mates have any private sector experience of note. They think SME's are there to be milked and not appreciated.

And then there is salary sacrifice penalties for pensions. Does that affect public sector pensions? Nobody thinks a generous pension for a bin man or nurse is a bad idea but for those on £100k with a 28% state employer contribution? Totally unfair to penalise those that fund this. And then many private pensions rely on income from dividends and so private sector pensioners get hit with extra tax.

The NHS annual budget is £220 billion. It employs 5% of those in work. They've given it preferential treatment yet again when the education and defence budgets are the ones that really need the extra investment. But then there aren't as many votes in those sectors of the public sector. Until this country starts seeing the NHS as an unreformed service rather than a religion the country's knackered.

A few years ago the southern European countries were bailed out and austerity was imposed on them to get rid of all the entitled spending that had built up. 10 years later they are the fastest growing economies in Europe. Now it is the northern countries in a doom loop of no growth (The French can't even raise the retirement age from 62). The only hope for a reset from managed decline is being forced to go cap in hand for a bailout so that the complacency and sense of entitlement are knocked out of the system.

Meanwhile the number of young talented people emigrating has been totally downplayed. Why fucking bother sticking around if you're just used to fund chaos. If we didn't have elderly parents to look after I'd be suggesting to the wife we join them in leaving.
 
Billsballbag said:
Public sector pensions need reform. Those on low wages in the public sector deserve a decent retirement safety net for their efforts. The issue is the white collar professional classes racking up vast pension pots that are risk free, indexed link and end up totally out of kilter with the real world and who funds them.

Public sector employer (taxpayer) contributions should be capped at a certain level and then that cap indexed linked going forward. The schemes were drawn up when life expectancy was much lower and there are far too many "professionals" working the system so that they can live high on the hog retiring in their mid to late 50's.

A pension entitlement of more than £50k per annum that is taxpayer funded and protected should not exist.
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New ONS migration data has British nationals broken down by age band for the first time. Around 53% of the net outflow is aged 16-24, and 46% aged 25-34. The young people that are the future of the UK are running to the exit door
 
Gnasher65 said:
that's because the tories did fuck up and the mess has to be cleaned up.
if you know where the tory magic money tree is why don't you tell reeves so she can keep taxes down.
reeves big clanger is not going after the rich enough and hanging the bill on working people.
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Uni party buffoon. Theyll both mess up. They both have for many years, and more or less give you the same crummy results, but you guys aint ever going to see it.

Its Da TORIES!!!! He says, but then agrees with everything they did, once his Labored buddies do the same.
 
Pen4 said:
New ONS migration data has British nationals broken down by age band for the first time. Around 53% of the net outflow is aged 16-24, and 46% aged 25-34. The young people that are the future of the UK are running to the exit door
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My nephew who is 26 and his girlfriend have just left London for Bahrain. He's in sales and his work is fully remote.

He's earning £100k plus a year and was paying £1.7k for a one bed flat in Tooting. The lease was up at the end of October and the rent was going up to £2.3k. He has moved into a two bed apartment overlooking the beach and the city. It includes all bills , including wifi, and the building has a gym and swimming pool. His rent is just over £1k and he is paying no tax. Why would you stay here?
 
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