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Thread: Reeves budget.

  1. #1
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    Reeves budget.

    So this duplicitous woman is “all about growing the economy”…..what a joke.

    This double speak whereby Labour are now saying that it was only for employees that Natonial Insurance contributions were not to be raised, it now seems they’re going to hit us employers with a hefty hike as well as other punitive financial measures.

    This on top of “workers” being able to take their employer to court for unfair dismissal after being in the job for a minute or less.

    Well Mr Reeves, you’ve managed to put a halt to me adding to my nine employees as well as hitting their chances of decent wage rises in the coming months.

    We already work on very slim margins, this is going to become a very fine line for me.

    It does make you question as to what’s the point at my time of life.

    Anyone who thinks Labour are helping business and the worker with all this stuff is misguided.

    Also, if she changes the fiscal rules to allow her to borrow these multi billions muted for big projects I hope everyone with a mortgage understands what this means for their interest rates in the coming months and years?

  2. #2
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    Quote Originally Posted by mickd1961 View Post
    So this duplicitous woman is “all about growing the economy”…..what a joke.

    This double speak whereby Labour are now saying that it was only for employees that Natonial Insurance contributions were not to be raised, it now seems theyÂ’re going to hit us employers with a hefty hike as well as other punitive financial measures.

    This on top of “workers” being able to take their employer to court for unfair dismissal after being in the job for a minute or less.

    Well Mr Reeves, youÂ’ve managed to put a halt to me adding to my nine employees as well as hitting their chances of decent wage rises in the coming months.

    We already work on very slim margins, this is going to become a very fine line for me.

    It does make you question as to whatÂ’s the point at my time of life.

    Anyone who thinks Labour are helping business and the worker with all this stuff is misguided.

    Also, if she changes the fiscal rules to allow her to borrow these multi billions muted for big projects I hope everyone with a mortgage understands what this means for their interest rates in the coming months and years?
    Totally agree with you regarding hiking NI contributions for employers but not employees and I too am unconvinced of her promises of helping businesses.

    The problem for Labour, it seems to me, is that the country has no money and, on one hand, I believe that they genuinely recognise that they need to support businesses in order to try and stimulate growth but, on the other, they also recognize that workers rights have been consistently eroded under successive Conservative governments and that this needs to be reversed. This isn't about a return to the bad old 70s with over powerful unions as the Telegraph would have everyone believe, it is about trying to create a fairer society but with no money and a lot of national debt this Centrist approach may want to please both sides but will almost inevitably end up pleasing neither.

    As for the right to appeal for unfair dismissal from day 1, this seems a bit of a non story tbh Mick. The days of it being easy to take an employer to court for this are long gone and Unions will only support such claims if they believe they are both legitimate and winnable as will legal aid solicitors (though eligibility for this has been consistently eroded so can't see many getting it). Might be some solicitors who take a punt on a dodgy appeal but certainly can't see any offering "no win, no fee"unless the employee has a bloody good case!

    On the other hand, a few companies have used the previous legal loophole to treat staff appallingly but surely all staff should be treated correctly from day 1 and have some legal protection to try and ensure this? Length of service here should be irrelevant as you are either treated legally and fairly or you are not. Not at all doubting how you treat your own staff but there are sadly plenty of employers who do not treat their staff well.

  3. #3
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    2nd home owners will look to be hammered plus talk of a 0.5% council tax on the value of each property plus tweeks with inheritance tax.

    The rich will feel the pain but it will be those who are middle earners ie 50 to 90 who already are hammered.

    More people will just leave the country albeit the population will still massively keep increasing.

  4. #4
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    Glad I got rid of my second property but had I kept it - I would accept more tax would help fill the black hole,

    More tax should come from those who clearly can afford it as the poor and elderly are already on their knees.

    Come on Rach!

  5. #5
    As a more general point, went to a trade show at the NEC this week and it cost £18.95 to park for the day, £100 to park at Heathrow for 4 days and nowhere close to the entrance to the terminal building. If anyone travels by train to a game these days it's huge money, like with VAT on private schools - the wealthy couldn't care less and will pay it because they have it but for many it's curtailing lifestyles.

    It's the same with business - the employers national insurance rises, coupled with minimum wage increases affects the smaller businesses the most and is far more affordable to larger companies.

  6. #6
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    Quote Originally Posted by westcountryvillain View Post
    As a more general point, went to a trade show at the NEC this week and it cost £18.95 to park for the day, £100 to park at Heathrow for 4 days and nowhere close to the entrance to the terminal building. If anyone travels by train to a game these days it's huge money, like with VAT on private schools - the wealthy couldn't care less and will pay it because they have it but for many it's curtailing lifestyles.

    It's the same with business - the employers national insurance rises, coupled with minimum wage increases affects the smaller businesses the most and is far more affordable to larger companies.
    That’s the point WCV, this stuff will end up hurting workers as well as limiting the taking on of new employees.

    We’ll make do with filling in our gaps with overtime rather than take on someone new.

  7. #7
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    National insurance hikes are another austerity measure by stealth as public sector employers have to pay too.

    No doubt there will be something like a £2b increase given to the NHS…funded by the NHS!

  8. #8
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    Quote Originally Posted by westcountryvillain View Post
    As a more general point, went to a trade show at the NEC this week and it cost £18.95 to park for the day, £100 to park at Heathrow for 4 days and nowhere close to the entrance to the terminal building. If anyone travels by train to a game these days it's huge money, like with VAT on private schools - the wealthy couldn't care less and will pay it because they have it but for many it's curtailing lifestyles.

    It's the same with business - the employers national insurance rises, coupled with minimum wage increases affects the smaller businesses the most and is far more affordable to larger companies.

    Totally agree. Those with lots of money won’t care about VAT on private schools. There are many parents though who make huge sacrifices to send their kids to private school and invest every penny so their kids have the best education. This will affect these people and drive them to state schools.

    Everything should be a percentage of salary and assets - council tax - fines - capital gains etc and those with multiple properties should be heavily taxed. Not much difference in council tax in London let’s say on a modest flat costing up to a million or a 3 million plus mansion. All wrong!

    On-line companies with X turnovers should also pay more taxation than high streets shops who have larger overheads. That’s why Amazon buy cheap land and keep building - it’s cheap! Let’s see what their overheads would be operating in a large city ie London!

    Do those who have a certain wealth need free medical prescriptions and state pensions? No - of course they don’t and won’t miss £900 a month but many elderly who can’t afford to heat or eat could do with this as could improvements to public services!

    Oh for a Robin Hood!

  9. #9
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    Quote Originally Posted by baggiematt View Post
    National insurance hikes are another austerity measure by stealth as public sector employers have to pay too.

    No doubt there will be something like a £2b increase given to the NHS…funded by the NHS!
    The NHS budget is now £165b I believe.

    I was listening to a piece about the NHS yesterday and a lot of people who work within the NHS in the lower ranks are of the belief there’s more than enough money already, it’s just badly managed by multiple layers of bloated and inept management.

    It needs total reform starting at the very top.

    Procurement needs to be taken out of NHS hands and dealt with by a professional body with full trained buyers who know how to procure products at the keenest of prices.

  10. #10
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    Quote Originally Posted by mickd1961 View Post
    The NHS budget is now £165b I believe.

    I was listening to a piece about the NHS yesterday and a lot of people who work within the NHS in the lower ranks are of the belief there’s more than enough money already, it’s just badly managed by multiple layers of bloated and inept management.

    It needs total reform starting at the very top.

    Procurement needs to be taken out of NHS hands and dealt with by a professional body with full trained buyers who know how to procure products at the keenest of prices.

    There’s not enough money - fact as know many senior people who work for the NHS.

    Your bit about procurement is bollox! I have a 3 years CIPS degree in purchasing so do know. Almost all of the buying positions in the NHS ask for a CIPS qualification or you have to study towards one which is tough. Why the NHS does not attract the very best procurement professionals is very simple - like all NHS staff they are poorly paid. In most NHS procurement posts a senior buyer will be lucky to get a salary of 40K. As a senior buyer I was on 46K almost 18 years ago! Good senior buyers in supermarkets are on 60K plus! Here lies their problem!

    In any profession ( apart from the love of the profession ie doctors etc ) you pay peanuts you attract the less dynamite staff albeit they still must be professional and meet the criteria in procurement which many do. I met a lot of NHS buyers on purchasing courses and whilst studying for my CIPS degree.

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