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National Budget 2026
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Old Yesterday, 10:31   #61
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Re: National Budget 2026

Fiscal drag raking in loads of cash, then a few breadcrumbs fed back to a few.
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Old Yesterday, 10:36   #62
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Re: National Budget 2026

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Originally Posted by Taf View Post
Fiscal drag raking in loads of cash, then a few breadcrumbs fed back to a few.
Ageing population, Brexit, wars, massive debt from the last Govt. The current state of the UK isnt down to Labour. We've been in decline since 2010.
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Old Yesterday, 12:07   #63
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Re: National Budget 2026

We've been in decline since other nations realised we'd rather buy their cheap shit than make our own
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Old Yesterday, 13:06   #64
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Re: National Budget 2026

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We've been in decline since other nations realised we'd rather buy their cheap shit than make our own
yea buy british rubbish,support our local crap
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Old Yesterday, 17:00   #65
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Re: National Budget 2026

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Originally Posted by papa smurf View Post
yea buy british rubbish,support our local crap
But buying British crap saves the environmental costs of shipping other peoples crap halfway around the world . . twice*

*once when bought, then again when 'recycled'
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Old Yesterday, 21:54   #66
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Re: National Budget 2026

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Originally Posted by Mr K View Post
Ageing population, Brexit, wars, massive debt from the last Govt. The current state of the UK isnt down to Labour. We've been in decline since 2010.
Much of Labours current fiscal issues are all of their own making.
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Old Yesterday, 22:38   #67
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Re: National Budget 2026

Labour doubled the debt before 2008.
After 2020, the deficit WAS going down, until covid.


The problem with temporary freebies is that people endlessly whinge when they stop. Eg After the covid freebies ended.
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Old Today, 05:55   #68
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Re: National Budget 2026

I am dreading January my current fixed price leccy is 19p in Jan it will likely be 31p that is a crazy increase. Grateful for the year on cheap but it is going to be a £40 increase and my fix ends Feb 24th so I can not initiate a switch till Jan 6th
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Old Today, 08:50   #69
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Re: National Budget 2026

Quote:
Originally Posted by nomadking View Post
Labour doubled the debt before 2008.
After 2020, the deficit WAS going down, until covid.


The problem with temporary freebies is that people endlessly whinge when they stop. Eg After the covid freebies ended.
Labour didn’t double the debt or deficit before 2008 - in 2008, the debt increased due to the world-wide Financial Crisis caused by the banks.

1997 - deficit 3.0%, debt 37.4%
2007 - deficit 2.8%, debt 36.2%
2008 - deficit 2.9%, debt 47.7%

https://www.ons.gov.uk/economy/gover...ries/hf6x/pusf

https://www.ons.gov.uk/economy/gover...mestic-product
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Old Today, 09:11   #70
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Re: National Budget 2026

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Originally Posted by Hugh View Post
Labour didn’t double the debt or deficit before 2008 - in 2008, the debt increased due to the world-wide Financial Crisis caused by the banks.

1997 - deficit 3.0%, debt 37.4%
2007 - deficit 2.8%, debt 36.2%
2008 - deficit 2.9%, debt 47.7%

https://www.ons.gov.uk/economy/gover...ries/hf6x/pusf

https://www.ons.gov.uk/economy/gover...mestic-product
Public debt(EXCLUDING public sector banks).
1997 £350.1bn. 2008 £755.6bn. 2010 £1,138.6bn(deficit £139.9bn).
2004 deficit £49.1bn. 2009 deficit £157.7bn. 2018 deficit £38.2bn. 2020 deficit £300.2bn.
Parliamentary Library Link
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Old Today, 12:03   #71
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Re: National Budget 2026

You said "before 2008", then seem to be ignoring the Financial Crisis…
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