Budget March 2021

Discussions about serious topics, for serious people
Post Reply
plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Budget March 2021

Post by plodder » Wed Mar 03, 2021 1:15 pm

Extending furlough, help to buy etc etc

R&D tax relief too, plus visa reforms for highly skilled migrants

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Wed Mar 03, 2021 1:18 pm

uh oh. new rules to allow pension funds to invest in "exciting new ventures", i.e. higher risk. Unlocks billions apparently.

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Wed Mar 03, 2021 1:23 pm

Ah. Free ports. Simplified planning in these areas, lower taxes, handouts for infrastructure and simplified customs rules.

8 of them dotted around the place, including West Midlands airport.

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Wed Mar 03, 2021 1:24 pm

That's the red wall gone blue then.

monkey
After Pie
Posts: 1906
Joined: Wed Nov 13, 2019 5:10 pm

Re: Budget March 2021

Post by monkey » Wed Mar 03, 2021 4:26 pm

plodder wrote:
Wed Mar 03, 2021 1:24 pm
That's the red wall gone blue then.
Only for a bit, despite all the spending, this is still a very Tory budget, designed to help business, rather than people. After the Covid spending is finished people might notice there's very little being done for the public services they need, and they've just got an effective tax hike. Putting some treasury departments in Darlington won't hide that.

But some people do like the sizzle more than the sausage.

User avatar
headshot
Dorkwood
Posts: 1414
Joined: Tue Nov 12, 2019 9:40 am

Re: Budget March 2021

Post by headshot » Wed Mar 03, 2021 4:37 pm

plodder wrote:
Wed Mar 03, 2021 1:23 pm
Ah. Free ports. Simplified planning in these areas, lower taxes, handouts for infrastructure and simplified customs rules.

8 of them dotted around the place, including West Midlands airport.
Where is "West Midland Airport"??

User avatar
headshot
Dorkwood
Posts: 1414
Joined: Tue Nov 12, 2019 9:40 am

Re: Budget March 2021

Post by headshot » Wed Mar 03, 2021 7:59 pm

Ah. It’s actually going to be at East Midlands Airport.

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Thu Mar 04, 2021 8:13 am

yeah, it’s near there, just along a bit.

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Thu Mar 04, 2021 8:16 am

monkey wrote:
Wed Mar 03, 2021 4:26 pm
plodder wrote:
Wed Mar 03, 2021 1:24 pm
That's the red wall gone blue then.
Only for a bit, despite all the spending, this is still a very Tory budget, designed to help business, rather than people. After the Covid spending is finished people might notice there's very little being done for the public services they need, and they've just got an effective tax hike. Putting some treasury departments in Darlington won't hide that.

But some people do like the sizzle more than the sausage.
If business is booming then enough people will have enough money in their pockets to not worry about public services.

If business is not booming then enough people will not have enough money in their pockets and they will then need to worry about public services.

I am very suspicious of people who prefer the latter.

User avatar
El Pollo Diablo
Stummy Beige
Posts: 3323
Joined: Wed Sep 25, 2019 4:41 pm
Location: FBPE

Re: Budget March 2021

Post by El Pollo Diablo » Thu Mar 04, 2021 9:13 am

The papers have gone big on "Sunak's Tax Raid". I'll be fascinated to see how this plays with the public in the next few days.
If truth is many-sided, mendacity is many-tongued

monkey
After Pie
Posts: 1906
Joined: Wed Nov 13, 2019 5:10 pm

Re: Budget March 2021

Post by monkey » Thu Mar 04, 2021 1:58 pm

plodder wrote:
Thu Mar 04, 2021 8:16 am
monkey wrote:
Wed Mar 03, 2021 4:26 pm
plodder wrote:
Wed Mar 03, 2021 1:24 pm
That's the red wall gone blue then.
Only for a bit, despite all the spending, this is still a very Tory budget, designed to help business, rather than people. After the Covid spending is finished people might notice there's very little being done for the public services they need, and they've just got an effective tax hike. Putting some treasury departments in Darlington won't hide that.

But some people do like the sizzle more than the sausage.
If business is booming then enough people will have enough money in their pockets to not worry about public services.

If business is not booming then enough people will not have enough money in their pockets and they will then need to worry about public services.

I am very suspicious of people who prefer the latter.
Why do think I'm making a choice? I generally find that people like to have money in their pocket, *and* decent social care/bins collected/etc. The IFS seem to agree with me too clicky

plodder
Stummy Beige
Posts: 2981
Joined: Mon Nov 11, 2019 1:50 pm

Re: Budget March 2021

Post by plodder » Thu Mar 04, 2021 2:21 pm

sorry, wasn't pointing the finger. Many people I've encountered seem to think that it's best to have well-funded social care via the medium of walloping businesses.

Post Reply