Budget 2024

[Colin Bells Boots]

Alot of panic that the pound had crashed and the country was going into economic turmoil due to the budget... a day later and the pound and markets are relatively stable again. that will disappoint a few.

Won't unfortunately shut the fuckers up though !

 

[mosssideblue]

we were issued DS1500 ....with an estimated 12 weeks to live .... invited to a work capability assessment ... then took them a further 6 weeks to pay


Compassionate Conservatives eh?

Sorry to hear of your wife's condition, but my point was only that there are certain conditions whereby you re assessed only once for PiP, as opposed to regular repeat assessments

 

[Brewster's millions]

Alot of panic that the pound had crashed and the country was going into economic turmoil due to the budget... a day later and the pound and markets are relatively stable again. that will disappoint a few.

It's an interest rate / gilt yield story, not an exchange rate story.

The pound recovered against the dollar today because the US employment data were far worse than expected, which caused the spike in the chart you posted.

The impact on gilt yields and expectations around Bank Rate has persisted; this is the story given the risk of a persistently higher government borrowing costs, which require further tax increases and / or borrowing.

 

[Alan Harper's Tash]

Alot of panic that the pound had crashed and the country was going into economic turmoil due to the budget... a day later and the pound and markets are relatively stable again. that will disappoint a few.

Markets were spooked around the globe, mostly due to the US goings on.

Reeves was always going to last longer than a lettuce, despite the hope of some political extremists.

 

[hampshireblue]

What relevance is this?

I guess because there was a post yesterday, suggesting the markets weren't taking the budget well regarding gilt yields and exchange rates. u

 

[bluethrunthru]

All the news is full of is wailing business owners signalling that they would rather not pay their staff any more money. They are happy for other businesses to pay the extra as they want lots of wealthy customers to spend with them. The next bout of ranting will be when they can't retain staff so they now have increased recruitment and training costs. Maybe they could recruit from abroad - oh no wait ............... if only there was a pool of working aged people many of whom will have suitable skills sat around doing nothing just costing the country money ..................

 

[denislawsbackheel]

All the news is full of is wailing business owners signalling that they would rather not pay their staff any more money. They are happy for other businesses to pay the extra as they want lots of wealthy customers to spend with them. The next bout of ranting will be when they can't retain staff so they now have increased recruitment and training costs. Maybe they could recruit from abroad - oh no wait ............... if only there was a pool of working aged people many of whom will have suitable skills sat around doing nothing just costing the country money ..................

And the latest group of whiners about the NI increase are GPs!
You couldn't make it up.

 

[bluethrunthru]

And the latest group of whiners about the NI increase are GPs!
You couldn't make it up.

• British Medical Association: The minimum pay for salaried GPs in England is £68,974, and the maximum is £104,086

 

[Manchester33]

And the latest group of whiners about the NI increase are GPs!
You couldn't make it up.

These private businesses have been fleecing the NHS for years and cry when they get treated like a private business?

YCNMIU