Autumn Statement

dori2o

There was absolutely nothing in the statement that you feel could really make the UK great again.

Where is the help for manufacturing? We need to start producing again.

All the talk again from the 'financial analysists' on the radio was about the Financial Sector and how this is the sector to lead the recovery.

What happened the last time we put all our eggs into their basket?

An interesting comment from someone to do with the Fuel protestors. They claim that to reduce fuel duty , even by as little as 20%, would boost the economy as the money people save at the pump would be spent in the town, and the government wouldn't really miss the tax take at the pump, as it would be given back in the form of extra VAT from the purchases and Corporation Taxes.

The most annoying thing was the continued attack on the public sector, yet there is money available for a 5.2% increase in benefits.

I thought Cameron said it would always pay to be in work. Seems this is not the case if you work for the public sector.

I've just been on entitled to.

We would be almost £75 a week better off if I didn't work and we lived in rented accomodation.

With bills increasing ever further, I personally wouldn't be to bothered if I was one of the extra 310k public sector employees that have been lined up for the chop.

I'll sell the house (maybe even sell to rent), claim IS/ESA or whatever, CTB, HB, CTC and live the life of riley. Certainly beats struggling into work everyday sufferring from unremitting chronic pain, depression, fatigue, unable to walk without a walking stick, at danger of falling with every step I take, only to be shat on from a great height by the very [STRIKE]Man[/STRIKE] !!!!!! who claimed everyone who worked would feel the benefit of it.

MacMickster

oldvicar wrote: »

Any one working in the public sector who is about over age 50 and has the opportunity to retire early really ought to think about doing so quickly.

Take your pension now chaps, and in 4 or 5 years it will be worth maybe 20% more, due to inflation increases.

Leave it a while and a final salary pension won't have gone up much if the salary hasn't increased.

Rather than retire early, anyone on the run down to retirement who doesn't expect to get a higher paid job with their current employer should just leave their pension scheme pronto.

The preserved pension will increase over the next few years by far more than those added years would earn them in pension, and their current pension schemes will close in 2015 in an case. They will save the increased pension contributions in the interim (or overpay their mortgage), then join the new scheme in 2015 if they consider that this will benefit them.

pqrdef

Apparently the budget deficit in the last year of this Parliament is now predicted to be £79bn, which is higher than was predicted under Labour's spending plans.

So the entire programme of spending cuts is cancelled out by the shortfall in expected tax revenue as a result of flatlining the economy.

John_Pierpoint

......and Italy is paying nearly 8% on its national credit card.

Britain has been bad at exporting for a century now.

We got a brief respite for 25 years, when we could cover the shortfalls by cashing in our "black gold" that had taken 8 million years to "manufacture" itself.

We were first to devalued our currency but got stuck on the "J" curve, because other countries now are trying the same trick.