The Student Room Group

Budget announcement on Monday 29 Oct - What do young people want?

On Monday 29th October at 3.30pm, the Government will be making their budget announcement. The Chancellor, Phillip Hammond, will outline what the government's plans for tax and spending in the coming financial year, which starts in April.

This is an interesting one because it's the final budget when the UK is part of the European Union.

The BBC have shared interviews with three under-35s, asking what they want from the coming budget. They talk about worries around things like tuition fees, inability to buy a house, wages, transport and paying bills.

So what are you hoping for from Monday's budget announcement? What do you think the government should be spending money on in the coming year?

You can find out more about the budget here.

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Reply 1
Duty cut on beer and spirits.
Sanctions lifted on Russia and Iran.

Sanctions put on Israel and Saudi Arabia

Criminalising pornography, scrapping tuition fees and labelling Goldman Sachs a terrorist organisation
(edited 5 years ago)
Original post by Davij038


Criminals sing pornography


Is this ITV2's latest reality TV program?
Hot dogs and he'll fire missiles boi
brexit means brexit also ban the kebanos takin buns from British sausages
it's A. discrace
(edited 5 years ago)
Reply 5
Original post by BlinkyBill
On Monday 29th October at 3.30pm, the Government will be making their budget announcement. The Chancellor, Phillip Hammond, will outline what the government's plans for tax and spending in the coming financial year, which starts in April.

This is an interesting one because it's the final budget when the UK is part of the European Union.

The BBC have shared interviews with three under-35s, asking what they want from the coming budget. They talk about worries around things like tuition fees, inability to buy a house, wages, transport and paying bills.

So what are you hoping for from Monday's budget announcement? What do you think the government should be spending money on in the coming year?

You can find out more about the budget here.

I'll be looking at increases in the tax threshold and also what he has to say about housing that is new.

I would like him to commit to ridding the deficit within a few years but he seems to have spent pretty much the entire 'windfall' in pandering to the end of austerity types.

May also be worth quoting the likes of Full of Suprises, Chaotic and Nulli for the commentary from 3.30. I'll be here.
(edited 5 years ago)
Original post by Rakas21
I'll be looking at increases in the tax threshold and also what he has to say about housing that is new.

I would like him to commit to ridding the deficit within a few years but he seems to have spent pretty much the entire 'windfall' in pandering to the end of austerity types.

May also be worth quoting the likes of Full of Suprises, Chaotic and Nulli for the commentary from 3.30. I'll be here.

Not long to go now!

@Fullofsurprises @Chaotic Can't tag Nulli?

Fancy keeping us up to date?
Pleased that more funding for MH stuff has been announced, hope this isn't just virtue signalling and that the money will actually go towards treatments and therapies not to line the pockets of NHS fat cats. The waitlists for mental health treatments are abysmal and would not be accepted if it were physical health. Crisis teams have also been cut so now they are about as useful as a chocolate tea pot.
Remains to be seen if this 2bn will actually make a dent in the problems but is a step in the right direction although all the services shouldn't have been cut in the first place
Reply 8
Have a bottle of ice cold water, fish and chips and should be back in time.
Original post by BlinkyBill
Not long to go now!

@Fullofsurprises @Chaotic Can't tag Nulli?

Fancy keeping us up to date?


Hammond says he's "paving the way" for relaxation on spending, codespeak for don't expect any real changes today.
Original post by Rakas21
Have a bottle of ice cold water, fish and chips and should be back in time.


I'm on the sparkling mineral water and pringles.
"Labour's recession" - this is the phrase de jour for Tory spinners, heard it about 16 times today. Bit of a stretch given that it was a world financial crisis, unless he's blaming predecessor Alastair Darling for avoiding a bank meltdown? :confused:
"Britain's jobs miracle" says Hammond. How much of that is zero hours work and under-employment?
Apparently the deficit will now be brought down to 20bn a year by 2025 - bit of a difference to Osborne's original austerity boast of elimination by 2020!

Overall debt to fall to 71% by 2025 apparently. We are currently in the middle of the table for debt/GDP in the developed nations. That will put us in the lower half of the table.
£650m for social care for 19/20 - likely to be a drop in the ocean unfortunately. There's going to be a report on social care calling for 'difficult decisions' (usually that means more privatisation in government reports, but privatisation has already been demonstrated not to be working, so not clear what's left other than more cuts) but not for another year - and the 3rd time this has been promised.
Back on safe Tory ground - why worry about the health service or social care when you can pour yet more money into nukes? Especially when it makes Corbyn look weak.
Is it just me or does anybody else get a pre-election vibe to this. Lots of specific voters getting donarions and grants. I'm almost expecting him to start listing projects in marginals like Osbourne.
£420m for potholes. Apparently these matter more than elderly people, or sick people.
Original post by Rakas21
Is it just me or does anybody else get a pre-election vibe to this. Lots of specific voters getting donarions and grants. I'm almost expecting him to start listing projects in marginals like Osbourne.


Definitely building towards it - perhaps on a just in case basis. They may be assuming that they will bring back a Brexit deal that is unpalatable to Rees-Mogg and the silly DUPpies, at which point a new election will be called, perhaps for November.
PFI abolished.

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