Budget 2024

[bluethrunthru]

Nice but dim Bim?

 

[bluethrunthru]

All the nasty details in the small print of Jeremy Hunt's Budget speech

Chancellor Jeremy Hunt unveiled the 2024 Budget today with tax cuts and freezes to alcohol and fuel duty as he tried to drum up support for the flailing Tory party

www.mirror.co.uk

 

[Brewster's millions]

It’s the Tory equivalent of the ‘magic money tree’ where we spend £3.4 billion and watch it ‘magically’ generate ten times that in savings.

In reality, we spend £3.4 billion and…well, that’s it. In other news the guy who won the contract buys a private island and ends up on the cover of Private Eye.

It will no doubt end up costing more than £3.4bn, and the estimated savings are of course nebulous, but if it produces an IT system across the NHS that actually works it will be money well spent and it would represent a meaningful reform.

To quote Wes Streeting, “You can’t just keep on pouring ever-increasing amounts of money into a leaky bucket, you’ve got to deal with the bucket itself.”

 

[BobKowalski]

It will no doubt end up costing more than £3.4bn, and the estimated savings are of course nebulous, but if it produces an IT system across the NHS that actually works it will be money well spent and it would represent a meaningful reform.

To quote Wes Streeting, “You can’t just keep on pouring ever-increasing amounts of money into a leaky bucket, you’ve got to deal with the bucket itself.”

In order:

It will.

Nebulous as in fictitious.

It won’t. Didn’t last time, either.

 

[shevtheblue]

Things move fast in the world of Twitter know-nowts.

At lunchtime the Chancellor announces £3.4bn of funding for the NHS digitisation programme, and by dinner it’s turned into a £35bn contract, all signed over to Rishi Sunak’s father-in-law.

Anyone would think they’re just making this shit up.

InfoSys have made a fortune last year https://www.theregister.com/2024/02/13/infosys_uk_government_contracts/

£3.4bn for the digital transformation that the NHS needs is not huge, considering they told NHS to pull back £1bn under 6 months ago and blamed it on strikes, it's all smoke and mirrors imo. I've been part of at least 2 DT programmes, one huge and one medium size, they take years of planning and analysis. Depending on where the NHS are with that, the reported £35bn productivity savings they are estimating might be a way off..

 

[Corky]

If National Insurance contributions are scrapped then how will the NHS / Retirement Pensions be funded?

Most comes out of mainstream taxation which is going up anyway, to record levels as has been pointed out. The NHS doesn't get funding from just NI, and NI is not ringfenced just for the NHS.

People may save £64 next month, but will have more taxable income in higher thresholds.

 

[bluethrunthru]

 

[KS55]

The experts suggest the middle earners have done best, with high earners losing a bit and low earners losing the most. Not right policy in my view.
Surely low earners should fare best?

 

[law74]

The experts suggest the middle earners have done best, with high earners losing a bit and low earners losing the most. Not right policy in my view.
Surely low earners should fare best?

Low to moderate earners don't tend to vote Tory, middle earners can sway either way so are the target audience while the wealthy generally are the core Tory voters

 

[Phil1]

Low to moderate earners don't tend to vote Tory, middle earners can sway either way so are the target audience while the wealthy generally are the core Tory voters

The budget is a crass attempt at a voter grab. Shameless and obvious. That’s not the actions of a party with the countries best interest at heart it’s the actions of a government with their own interest at heart and cuts right through to why they need to go.
Disingenuous , inept leadership. It’s what we’ve become used to so nobody should be too surprised.