The Labour Government

Was it good or bad then?
Scrap that, can’t trust any of you, half will say it’s the worst budget in history and half will say the country has been saved in one fell swoop!! Haha!
Not from me, mate. The wheels have been set in motion, let’s see where it leads us.

Although, I will say that this government feels extremely competent compared to the last few.
 
Announced that the Miners Pension fund will have money refunded (£1.5 billion )




Great news ...... some injustices being resolved at last... Post Office / Blood Scandal / Theft of Miners Pensions .... lets hope that they move into WASPI Women and Grenfell next .
 
Was it good or bad then?
Scrap that, can’t trust any of you, half will say it’s the worst budget in history and half will say the country has been saved in one fell swoop!! Haha!

There were no “that’s terrible” announcements. Reeves is backing that she can spend money better than business. It will have some impact on jobs in the private sector to some degree - this in turn will reduce growth. The housing market will suffer a bit but some may say that’s not a bad thing and if the state is building a bunch of houses it shouldn’t dampen builders prospects.

There are a couple of growth items in there and a bit to make everyone’s lives a bit nicer with potholes gone and waiting lists reduced.

So in summary I’d say it was fairly neutral overall, is that a good outcome for an extra £40bn? Hmmm, time will tell. It’s much harder for the state to spend money well than it is to get more of it.

Personally I was disappointed she missed the opportunity to have rolled back a bit on WFA and offered a bit more support to those just over the threshold. But she’s sticking to her guns on that, perhaps hoping for a mild winter so pensioners get their rise in time for next winter.
 
Announced that the Miners Pension fund will have money refunded (£1.5 billion )




Great news ...... some injustices being resolved at last... Post Office / Blood Scandal / Theft of Miners Pensions .... lets hope that they move into WASPI Women and Grenfell next .

Spot on. Although it’s not theft of miners pension it certainly is right what the government are doing now with the surplus, and is overdue.
 

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