The Labour Government

I do worry where we are heading, inflation remains high (not helped by the recent budget), which will increase pressure on public spending, growth remains stagnant, yet departments are being asked to make cuts which impacts what they can do.

Unemployment is rising across multiple sectors and the mood within most private businesses is to cut recruitment and look at rightsizing (i.e driving profit through making roles redundant).

It wasn't a bowl of cherries this year but next year looks like an absolute nightmare scenario.
 
I know that Labour governments always end up with the economy in recession, much higher inflation and a ballooning deficit, but even I didn’t expect them to achieve all that inside the first six months.
I am an advocate of giving any new government time, we should all want any government to do well, I certainly do.

But it is evident that there hasn't been any new government economic bounce. And I am concerned that the Autumn budget will do more harm than good certainly in the short to medium term.
 
I am an advocate of giving any new government time, we should all want any government to do well, I certainly do.

But it is evident that there hasn't been any new government economic bounce. And I am concerned that the Autumn budget will do more harm than good certainly in the short to medium term.

I think you are confusing Governments with football managers :)
 
It's always looked a really odd campaign to me. As far as I can see, the oldest women affected when it changed in 1995, 44 at the time, and that group would have expected to retire at 60, but would now retire at 61.

Anyone losing the full five years would have been 40 or under. It's hard to believe that something so momentous passed anyone by for around two decades.

The 2011 changes brought the move to 65 forward by 2 years, to 2018, but the group affected were contacted directly to let them know it was happening, and would have had 7 years notice of a 1 year change.

I also, never understood the poverty situation if people were having to retire later. Is the argument that they gave up work at 60 without realising the pension wouldn't come?

Am I missing something obvious?
Same I’m missing the poverty angle. changes to the state retirement age brought out a riot and protest in France it made no difference the changes are still law.
In the UK we accept the change and retirement means young people will have to work 8 years longer.
The State Pension age for both men and women to age 66 between 2024 and 2026, age 67 between 2034 and 2036 and age 68 between 2044 and 2046
We have accepted the change of five years for women with little public protest and another three years for young people to work until they are 68yrs.
“Private pensions”
The angle for me is on health grounds, are women as healthy as men at 65yrs ? and again at 68yrs. plus the government doesn’t want to pay state pension, not everyone has a private retirement pot.
 
Same I’m missing the poverty angle. changes to the state retirement age brought out a riot and protest in France it made no difference the changes are still law.
In the UK we accept the change and retirement means young people will have to work 8 years longer.
The State Pension age for both men and women to age 66 between 2024 and 2026, age 67 between 2034 and 2036 and age 68 between 2044 and 2046
We have accepted the change of five years for women with little public protest and another three years for young people to work until they are 68yrs.
“Private pensions”
The angle for me is on health grounds, are women as healthy as men at 65yrs ? and again at 68yrs. plus the government doesn’t want to pay state pension, not everyone has a private retirement pot.
Well if women live longer I’d suggest they are healthier,.
 
Just to get some facts out there - the report was published in March - Jeremy **** said the Govt were not going to compensate the WASPI women but Labour have let them down? Even GeeBeeBee's reported on it in March

 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.