Budget 2018

marlot

I did see this on page 12: "The government’s objective is that CPIH will become its headline measure over time and that it will reduce the use of RPI when and where practicable."


It doesn't talk about CPIH replacing CPI - maybe I'm reading too much into it?

DairyQueen

p00hsticks wrote: »

Hasn't it all been leaked to the Sunday papers any how ?
...

Apparently not.

marlot

The papers had lots on pension reform which was going to happen - such as moving to a shared Dutch style DC scheme. None of which happened.

DairyQueen

Filo25 wrote: »

A surprisingly big move on the personal allowance and higher rate bands.

Very much looks like a budget keeping the option of an early election open.

Indeed. That seems to be the only issue that is significant to retirees.9other than the increase in the LTA) Of course, I did note that beer and cider (and whisky) are the subject of tax freezes, No mention of wine. Blatant discrimination.

LHW99

No mention of wine

Wine up 8p a bottle

https://www.bbc.co.uk/news/uk-politics-46017125

DairyQueen

mat5664 wrote: »

I don't think personal attacks like that- calling the BBC Political Editor 'hideous' is worthy of this board. Shame on you.

Why? She is hideous. I recall her contribution to the election coverage (if you can call it 'contribution'). Blatantly biased and viewers left in no doubt about which way she votes, unlike the always professional David Dimbleby who (as I recall) had to shut her up by switching to other contributors.

First time I have ever switched channels midst an election broadcast. No apologies for switching off the radio and TV whenever Ms 'I am left wing and wish to make it common knowledge' is asked for her opinion.

If I wanted biased opinion I would subscribe to a politically affiliated newspaper. What I despise most about her is her pretence of neutrality.

Shame on her.

DairyQueen

marlot wrote: »

The papers had lots on pension reform which was going to happen - such as moving to a shared Dutch style DC scheme. None of which happened.

No surprises there then. The Royal Mail is likely to adopt the 'Dutch model' but I think that's currently unique in the UK.

BLB53

Really disappointed no measure to tackle climate change...another missed opportunity. What's the point in long term investing if there's nothing but a wasteland that remains?

kidmugsy

JoeCrystal wrote: »

Interesting to see that National Living Wage is going up by 4.8 percent to £8.21 a hour or £16k per year (based on 37.5 per week hours). That is not going to be cheap!

Less expensive than it appears because employers will just hire fewer people than they would otherwise have done.

kidmugsy

hyubh wrote: »

Ah, so that's why you are always banging on about Gordon Brown as if he were still Chancellor ;-)

I bang on about Gordon partly because I knew him when we were young. But mainly because in my view he was a much worse Chancellor than people reckon, and a much better PM. Of course he had one outstanding advantage as PM - he wasn't Blair.