[Closed] The 2021 Budget thread

What else are we expecting?

Same old bollocks

What else are we expecting?

Even though the BBC are reporting the big tax changes (aka NI rises for next year) have been reported, I can't help but think there's going to be a sting in the tail. They've been testing the water for weeks with their talk of "still the part of low taxes, but CV has to be paid for" etc.

30 mins in and no real surprises

Lower duty on internal flights... yeah, that makes sense in the current (deteriorating) climate.

Cheaper domestic flights. Right before COP26.

I suppose it's easier than sorting out the trains and the pricing there.

Education spend to return to 2010 levels - well that's something to be really proud of!

Cheaper domestic flights. Right before COP26.

Exactly my thoughts and at that point I switched it off for my own good.

Slashing taxes on bubbly.

"permanent cut in the cost of a pint of beer by 3p"

Good luck with that.

I switched it off for my own good.

It gets better. More savings for motorists!!! Bless em...

"permanent cut" has he not read the Rab thread?

“permanent cut in the cost of a pint of beer by 3p”

That's good as the ****less wasters on universal credit will have recovered their undeserved £20 after their 667th pint

permanent cut in the cost of a pint of beer by 3p

https://www.bbc.co.uk/news/business-5900172 0"> http://BBC News - Wage rises will put 30p on a pint, says pub chain https://www.bbc.co.uk/news/business-59001720

So that'll be a 27p rise then....

Duty on red diesel will net them billions with out touching petrol

“permanent cut in the cost of a pint of beer by 3p”

Why do politicians do things like this, and announce them as if the great unwashed are going to be grateful for their largesse? I'll bet it's been so long since Rishi has seen the inside of a pub he has no idea that a pint is north of a fiver in most places these days.

Prick

I wonder if the public sector pay rise scheduled next year is a carrot against an as yet undisclosed public sector stick? A bribe, if you will....

The only bit I overheard in passing was:

“The great city of Stoke-On-Trent”

He’s obviously never been.

Great to see the Tories take climate change seriously, ahead of the COP26 summit...

Reducing duty on internal flights from Apr '23
Cancelling the planned fuel duty increase

Unbelievable.

Lower taxes on domestic flights 🤔

Great to see the Tories take climate change seriously, ahead of the COP26 summit…

Unbelievable.

****ing crazy!

I wonder if the public sector pay rise scheduled next year is a carrot against an as yet undisclosed public sector stick?

Has he actually announced an increase in public sector budgets? If not any pay rise is just cobblers as it will be out of existing budgets so unlikely to be anything worthwhile, if it arrives at all.

"Hey, how about we start charging duty on Avgas to bring airlines into parity with road fuel..? That's be a great one, just before COP26 and show some real commitment"

“Hey, how about we start charging duty on Avgas to bring airlines into parity with road fuel..? That’s be a great one, just before COP26 and show some real commitment”

You'd just fly via Ireland / France / The Netherlands / Scandinavia and fill up your plane with 80 tonnes of 4* or whatever it is goes in a jet engine these days.

Duty on red diesel will net them billions with out touching petrol

Thus pushing up construction / agricultural running costs which will generate higher end costs for the consumer to pay tax on

Ah… kegs need to be over 40 litres to qualify for rates relief… not good for microbreweries. Tax incentive to buy from bigger breweries (and to have fewer taps on where throughput is lower, hitting small bars focusing on having a wide choice extra hard). Thanks Sunak, very devious. Still, at least the banks have got their tax cut. We know who you work for.

It will take a few days before we have any meaningful analysis from the number crunchers and tax specialists but one thing's for sure...smoke'n'mirrors again.
Lots of existing spending plans being re-badged as new money.

Are we all off out celebrating with some locally made fruit cider?

It will take a few days before we have any meaningful analysis from the number crunchers and tax specialists but one thing’s for sure…smoke’n’mirrors again.
Lots of existing spending plans being re-badged as new money.

It's the same every time. Throw in some stuff that makes good headlines for the next day or two and hide the nasty stuff in the small print. By the time the bad bits are discovered, analysed and reported on it's relegated to the financial and business news where no-one reads it. We should have a better picture on what this budget really means by the weekend. I'm predicting lots of clauses (like the 40 litre keg mentioned above), lots of old funding being redressed to look like new money and any big spends turning out to not even replace the losses from the Austerity budgets. There will also be a lot of stuff that helps out various Party donors in ways that most people will struggle to understand, there always is.

Still, at least the banks have got their tax cut. We know who you work for.

It's a weird one our Rishi, I'm not really sure who he works for, sorta him an the missus being wedged up to the tune of £1.7bn shareholding in his FIL's company.

And they were banging on about his £95 sliders in the crap papers.

I’ll bet it’s been so long since Rishi has seen the inside of a pub he has no idea that a pint is north of a fiver in most places these days.

To be fair it is not inside but it is a mild night.

I wonder if undermining Johnson just before COP26 on the flight thing ws a deliberate tactic?

I can't believe he's dim enough to think its a smart move, let alone the right thing to do?

There are plenty of Tories who want a signal that everyone else will pay to get to net zero, not them. So all the plebs funding the building of a nuclear power station through a tax on their bills (don’t call it a tax though) is good… and people who regularly fly between London and their retreat in the countryside, or to that conference where things always end up in the champagne bar, getting a tax nod is also good. Make the masses pay. Tax breaks for the well off. That applies to green taxes as much as it does to raising more money for the NHS. Also… it’s a nod towards the unionists, in all the UK nations… you might never get that tunnel under the Irish sea, or that better rail link between our capital cities, but we’ll keep the flights going and smaller airports open and busy, even if it requires tax breaks that make no sense as regards climate change.

Rishi wants the PM job... not for the vain reasons that Bojo wanted it but to establish a global brand more like Blair really and it makes him a big fish in his personally ****ing massive pond.

He in practical terms he becomes more "important" than his Father in Law.

He is ruthless, smarter than Boris, squeaky clean, no one in the Tory Party stands a cat in hells chance against him. He is also a Thatcherite.

Forgot to say his only problem is getting rid of Boris.

If, as has been hinted, Johnson is a borderline alcoholic, then it is pretty much just a function of time before he ceases to be reliable in his work and people look to replace him.

Either that or people/the public/his backers will realise he is the face of a failing state and look to replace him with someone that appears to be on the peoples’ side

The flight thing.. do many people really fly where trains are an option? I figured most of the flights were to obscure places (islands etc) where lowering the cost to get there might bring regeneration, rather than London to manc

I used to fly from Leeds to London (and back again) at the full commercial price because it was about three hours faster and at least a hundred pounds cheaper than the train (I live 20 mins drive from the airport and could ride there in an hour, including The Chevin).

While diesel emissions from trains are unregulated I don't think you can point the finger at aircraft over pollution.

Trains have gravity on their side.

https://www.google.com/amp/s/www.bbc.co.uk/news/science-environment-49349566.amp

Throw in some stuff that makes good headlines for the next day or two and hide the nasty stuff in the small print.

Newspaper headlines on the whole this am seem pretty negative to me (apart from the express).....

The flight thing.. do many people really fly where trains are an option?

Yes.
I either fly Glasgow to any London airport or drive to Kent. I wouldn’t even consider looking at the train.

I’ve just checked now and the train is £110.

I can fly to Gatwick for £37 or £45 depending what time I choose.

Trains have gravity on their side.

Well, yeah, but so do planes. The flight from Heathrow to Manchester is pretty much parabolic. 😐

The BBC article is interesting because it implies that a short flight with a full aircraft is probably less damaging than a half-full diesel train. Obviously the plane dumps the CO2 high up into the atmosphere where it does the most damage; but equally the diesel train leaves huge amounts of particulate pollution in urban areas.

WTF we never bothered to electrify the rail network properly I don't know. Battery powered trains with fast recharging at stations is conceptually easy and physically plausible, yet there's almost no research at all apart from a couple of test-beds on old Tube trains.

I’ve just checked now and the train is £110.

It's normally more than that to do half that distance for me, on the same line. Sounds like a good deal compared to other tickets.

I can fly to Gatwick for £37 or £45 depending what time I choose.

And there is the issue. The government have no plan to improve rail times or pricing, so making flying even cheaper than rail through tax changes sends out a "connecting the nations of the UK" message, and damn the environment.

The government have no plan to improve rail times or pricing, so making flying even cheaper than rail through tax changes sends out a “connecting the nations of the UK” message, and damn the environment.

There's a new, much cheaper service called Lumo running from Kings Cross to Edinburgh. Would be useful if it stopped along the route, but it doesn't because it might undercut LNER (not my interpretation, that of Simon Calder of the Independent). The whole thing is broken.

Ah… kegs need to be over 40 litres to qualify for rates relief… not good for microbreweries. Tax incentive to buy from bigger breweries (and to have fewer taps on where throughput is lower, hitting small bars focusing on having a wide choice extra hard). Thanks Sunak, very devious.

funny ol' front page of the scum today....

you'd thunk 3p off a pint of beer would be right up their alley, or is this too Sunak and not enough Johnson ?

I live in Manchester and it’s an hour to Inverness by plane or 7 hours by train. When I flew in September they were the same price. We are a long way from making trains more appealing. It’s a regressive move from the treasury

you’d thunk 3p off a pint of beer would be right up their alley, or is this too Sunak and not enough Johnson ?

Never mind that! I’m absolutely bloody fuming that Ed has rejected all my life coaching advice and gone all Gwynie just when we were getting somewhere!