Apparently the word budget has been retired and re-named Fiscal events.We are at an all time borrowing record and people are facing a financial crisis. So what should a government do? Well, this lot have decided to further increase borrowing in order to cut taxes for the richest one per cent! The City was clearly unimpressed and U.K. shares nose dived as they have stoked up inflation,every economists public enemy number one. Labour do not need to kick the Tories as they are imploding.They are far too indoctrinated In monetarist policy to realise that genuine fiscal help for those in need has become the Countries priority.Watching the "Fiscal Event" yesterday had all the feel of a rambling suicide note. A very bad time to be a British subject.

Edited by beak (24 Sep 2022 10.02am)

Hardly, one penny off of income tax and a cancellation of a proposed rise in National Insurance,which leaves us as we where. You obviously dreamt it. Not the standard of reply I expected D minus at best.

Not quite right as from 06.04.23 the tax rates will be
£12,571 - £50,270 19% tax.
£50,271 plus 40% tax.

45% tax rate will be abolished.

So go and work in the city as a banker or broker then. You did have a choice of career; if you picked the wrong one the blame doesn’t lie with the ones who chose the right one. Geez what do you want 99% tax so they are as bitter as some ! Btw what is 19% of a couple of million? Probably more than you will pay in your life but they pay it in one year. Who becomes a net taker first in retirement I wonder!