Assessment of UK autumn budget

No huge headlines, everyone seems marginally disappointed, financial markets have not (yet) blown up . . all in all to be judged a success 👍

Difficult to detect a unifying theme. The government pins hopes on facilitating economic growth and using higher tax receipts to rebuild our public services after 14 years of neglect. But the medium term forecast for growth is modest at best.

There is a marked redistribution of wealth from older asset owners to the struggling young via increases to the minimum wage, increases in capital gains tax, and freezing of the inheritance tax thresholds. A good start and hopefully the foundation of a more radical shift in inter-generational wealth that will be needed to preserve harmony in a rapidly ageing society.

Lots of compromises, lots of disappointments, but nothing unexpected for a centrist government.

A pretty good effort for our first ever female Chancellor of the Exchequer 👍

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MartinII · 70-79, M

It's a reactionary budget and a reactionary government, in the strict sense of that word. It seems as if we are going back to the late 1960s. If that's what you want, fair enough.

And I'm sorry, but what on earth is the relevance of Reeves being the first female Chancellor? Any more than it is relevant that Badenoch is the fourth female leader of the Conservative Party. Haven't we grown out of that?

jefferson

@MartinII and badenoch is an immigrant, since when did nigerian be allowed ot be leader of a u party

ArtieKat · M

@jefferson

badenoch is an immigrant, since when did nigerian be allowed ot be leader of a u party

If you did your homework you would know that she is British-born, holds a British passport - and is considerably more articulate than an [expletive deleted] like you, apparently.

jefferson

@ArtieKat her parent come to uk to have he rin a private hospital then they went back to nigeria, then she came here as a student and stayed, anybody else we'd call them an illegal, i wonder howlong she willsurvive,, before they find some corruption,

jefferson

@ArtieKat inabilty to converse with out swearing,tsk,

ArtieKat · M

@jefferson

anybody else we'd call them an illegal,

How is the holder of a British passport an illegal?

And where did you learn your English?

jefferson

@ArtieKat there sno law that says i have to use grammar correctly, you can buy fake passports easily,

ArtieKat · M

@jefferson Goodbye, troll 👋

jefferson

@ArtieKat im not a troll, i made a statement if you odnt agree with it, so wjhat, its democracy,

SunshineGirl · 36-40, F

@MartinII Economics is usually most effective when it reacts to markets and trends rather than tries to direct them. I'd personally like a far more radical redistribution of wealth and a government led industrial strategy. But I am a realist and look for positives in what is possible.

There are few women who make a successful career in economics, and fewer still in finance owing to nepotism, prejudice and simple misogyny. I should know, I have been trying for the best part of 15 years. When a woman has success in this sector, it is a cause of celebration among some of us.

MartinII · 70-79, M

@SunshineGirl Governments of all parties have been announcing industrial strategies throughout my adult life, without making much impact. They are usually little more than words, and often the same ones.