The Conservative Party

36 minutes with 2 stops if it follows LNER times. Likely just over 30 minutes non stop so not insignificant.

So another Tory bites the dust, this one for the third time. I don’t know any other workplace where you can be so bad at your job you get more goes at it, it’s staggering. If I fucked up in my job at this sort of level, I’d be out on my arse.

Another post above is about a Tory who has another job paying £60k pa whilst also being an MP. My job keeps me busy for at least 10 hours a day, and often more. Whilst it is important to my business that I provide a consistently high level of service and the right solutions for my customers, it is not as important as looking after the people who have elected me to look after their interests. The country is burning down and some of these fuckers are spending hours of their working day doing other outside work for more money. How is it even possible to do two highly paid jobs with any great level of care and diligence?
If you are an MP that is your job - being an MP.
MPs are on a good salary and it is increased a lot by the expenses they claim.
They are very well remunerated to obviate the need to take on additional paid work which could lead to allegations of favouritism, cronyism or outright corruption.
I suggest that the MP in question resigns one of the two positions without delay.
 
For the eagle eyed amongst you. Can you spot the one three letter word beginning with a that might be wrong?
it’s a toughie, I know.
And you’re* also paying for your decision to back Brexit. Pretending it’s all to do with COVID, Putin, and Truss just continues to ignore reality. Which, coincidentally, was what got you into this mess in the first place.

*you here is the plural collective.
 
Am i missing something, he says the income tax/ni thresholds frozen until 2028 but what taxes are going up now then?
 
The threshold for the Additional Rate band (45% marginal rate) of income tax is being reduced from £150,000 to £125,000.

Gone down well with high earners - presumably she is happy with a kid killed ny a damp infested flat but this is disgusting

 
Am i missing something, he says the income tax/ni thresholds frozen until 2028 but what taxes are going up now then?
In real terms the threshold comes down if it stays the same for 6 years, so everyone pays more.

The budget was not as bad as expected. The 9.7% rise in the minimum wage is positive after a large rise this year.
 
I am at a loss, did I miss something this morning. Was this budget a 'budget for growth'? If so what were the growth details? All I am able to see are tax hikes and public spending cuts. How will these grow the economy?
 
Confirmed announcements:

  • The threshold for the Additional Rate band (45% marginal rate) of income tax is being reduced from £150,000 to £125,000.
  • Other tax bands to be frozen until April 2028
  • Dividend allowance to be cut from £2k to £1k from April 2024, then £500 from April 2025
  • The Capital Gains exempt amount is dropping from £12,400 to £6k next year, then £3k from April 2024
  • Electric vehicles to be subject to VED from April 2025
  • Windfall tax on energy producers up to 35% (currently 25%) from 1st January, to last until March 2028
  • A temporary levy on electricity generators of 45% from 1st January
  • Stamp duty cuts remain until March 2025
  • Defence budget to be maintained at at least 2% of GDP to be consistent with our NATO commitment
  • £3.3bn extra to the NHS, £2.8bn extra for schools, £2.8bn extra for social care.
  • A new nuclear plant at Sizewell C to go ahead
  • Target to reduce energy consumption by 15% by 2030
  • Energy Price Guarantee to be continued for a further 12 months from April with a new price cap of £3k/year for the average household
  • Social rent increases capped at 7% in 2023-24
  • National Living Wage to increase by 9.7% from April 2023 (the new hourly rate will be £10.42)
  • The State Pension and means-tested benefits (including Universal Credit and Pensions Credit) to rise in line with inflation (by 10.1%)
  • Target to reduce energy consumption by 15% by 2030
This seems impossible if we’re all supposed to move to electric cars.
 

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