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Rabbit = savings tax cut ?0
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Savers....rabbit time?0
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If only Ladbrokes paid out every time Ozzy said Long Term Economic Plan, I think it got its 5th mention so far.0
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He is going to give Danny a lap dance, NAP0
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Sixth time now0
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We will also extend the horserace betting levy to bookmakers who are based offshore0
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At the moment, the self-employed have to pay Class II NICs twice a year (was quarterly) at a flat rate of £2.70 (ish?) per week. My other half is always forgetting to do so, one assumes she will only have to pay this now when she comes to file her tax return and pay outstanding tax at that time.Richard_Nabavi said:"Class 2 NICs to be turned into self-assessment, cutting bureaucracy for millions of workers."
Anyone know what that means?0 -
Errm
Aren't all of them based offshore ?0 -
Cash and stock ISAs to be merged, and annual limit increased to £15,000.
Wow.0 -
Here comes the big rabbit....0
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Ladbrokes isn't I thinkPulpstar said:Errm
Aren't all of them based offshore ?0 -
@OblitusSumMe - Ah, right, thanks. Makes sense.0
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Here's the oldies bung...0
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They also tend to offer crap prices :P.TheScreamingEagles said:
Ladbrokes and William Hill aren't I thinkPulpstar said:Errm
Aren't all of them based offshore ?
Bigger overrounds :S ?!0 -
I checked, William Hill are Gibraltar, Ladbrokes are LondonPulpstar said:
They also tend to offer crap prices :P.TheScreamingEagles said:
Ladbrokes and William Hill aren't I thinkPulpstar said:Errm
Aren't all of them based offshore ?
Bigger overrounds :S ?!0 -
I called the ISA changes at 12.38pm!
See below!0 -
Mind you Stan James offer good prices (Even though I'm barred and I think they are UK Based)0
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George Osborne is currently creating work for pension practitioners.0
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Sweet holy mother of god...those pension changes..0
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That pleases it you does it not?antifrank said:George Osborne is currently creating work for pension practitioners.
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This will be mega, mega, mega popular with pensioners + people approaching retirement!0
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55 min+ I think0
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I've had worse budgets.TheScreamingEagles said:
That pleases it you does it not?antifrank said:George Osborne is currently creating work for pension practitioners.
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Does anyone have any idea how the pensioners and older people vote?MikeL said:This will be mega, mega, mega popular with pensioners + people approaching retirement!
*Innocent Face*0 -
Rabbit time!!!0
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Anyone buy budget minutes on the exchanges ?0
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Granny budget.
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I have no idea what this means, but its from someone who knows his stuff, can someone explain it to me please?
Allister Heath @AllisterHeath 21s
End of compulsory annuities, end of tax punishment, massive change. Crippling attack on Labour's plans also.0 -
Its interesting that there hasn't been a lot for the Labour benches to heckle in this budget, apart from the digs aimed that them.0
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WOW!
You can earn £5k savings income tax free on top of your PA!
ie Pensioner earning £15,500 pays NO TAX!!!!0 -
about 56 mins0
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Agreed. What do you make of the pensions/savings segment at the end of the budget?antifrank said:
I've had worse budgets.TheScreamingEagles said:
That pleases it you does it not?antifrank said:George Osborne is currently creating work for pension practitioners.
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1 sip, 58 minutes ?0
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It means grannies love a bit of Ozzie...TheScreamingEagles said:I have no idea what this means, but its from someone who knows his stuff, can someone explain it to me please?
Allister Heath @AllisterHeath 21s
End of compulsory annuities, end of tax punishment, massive change. Crippling attack on Labour's plans also.0 -
Savings changes are huge.
Amount you can put into a cash ISA almost TREBLES!0 -
Interesting, very very focused on people approaching retirement. They'll be pleased - for everyone else it's a bit meh, after all the build-up.0
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Did he 'Commend the budget to the house' ?
Or decide it wasn't the right day.0 -
All well and good - but pretty pointless with the current crap interest rates, no?MikeL said:Savings changes are huge.
Amount you can put into a cash ISA almost TREBLES!0 -
Miliband struggling...0
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Apart from Ozzie and Danny the huge pension reforms have the paw marks of Steve Webb all over them.0
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Here comes Wallace....0
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Crikey, Ed M is shoutier than Ed Balls.0
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Cost of living crisis.....are you better off...
It seems Ed is sticking to his prepared speech, which is little to do with what Osborne said.
It is clear, Ed was going to give his speech whatever was in the budget...drawing the election lines.0 -
Thanks.Slackbladder said:
It means grannies love a bit of Ozzie...TheScreamingEagles said:I have no idea what this means, but its from someone who knows his stuff, can someone explain it to me please?
Allister Heath @AllisterHeath 21s
End of compulsory annuities, end of tax punishment, massive change. Crippling attack on Labour's plans also.0 -
This is bloody tragic from Ed. More tragic is he has a solid voting bloc who buy it.0
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Ed's very shrill today VATEeeeeeee0
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Ed's playing the same record as last year.0
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Miliband making pre prepared statement with no reference to Osborne's speech. Coward0
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He always does that.FrancisUrquhart said:Cost of living crisis.....are you better off...
It seems Ed is sticking to his prepared speech, which is little to do with what Osborne said.0 -
Budget speech in full:
https://www.gov.uk/government/speeches/chancellor-george-osbornes-budget-2014-speech
25 "billion"s
Thanks Mr Nabavi. Kerching!0 -
Is Ed just re-doing last years speech?0
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Labour 2015 Manifesto - 1. Vote Labour, vote against the evil Tory Bedroom Tax (which Labour won't, er, overturn...)
2. Er...
3. That's it.
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Miliband does not come over well with his constantly moving pointy finger. People who do that almost incessantly know they have lost the argument.0
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You give an actuary a large sum of money in return for a small sum of money every year until you die.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
It means there is no chance that your pot of money will run out, so if you live a lot longer then you expect the actuary will be able to use money from people who die younger then they expected to keep on paying your pension.0 -
I'm worried about the Labour party front bench.
Not sure they are getting enough FIBRE in their diets.0 -
EdM's reply is poor so far .. he seems to think all bankers get 5million a year and he is repeating last years slogans0
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Radio 4 is even too bored to continue with Ed..0
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Ed seems to stuck in 6th Form debating competition mode. Another weak performance - but then that is what we expect from him on days like this.0
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WTF is an actuary?OblitusSumMe said:
You give an actuary a large sum of money in return for a small sum of money every year until you die.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
It means there is no chance that your pot of money will run out, so if you live a lot longer then you expect the actuary will be able to use money from people who die younger then they expected to keep on paying your pension.
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Even accepting that the LotO's budget reply is a difficult gig this has to be one of the worst I've heard.
Very subdued Labour benches and the government benches are largely indifferent to Ed.0 -
We will also support the celebration of the 800th anniversary of the signing of the Magna Carta next year.Pong said:Budget speech in full:
https://www.gov.uk/government/speeches/chancellor-george-osbornes-budget-2014-speech
25 "billion"s
Thanks Mr Nabavi. Kerching!
King John’s humbling centuries ago seems unimaginably distant.
A weak leader, who had risen to the top – after betraying his brother, compelled by a gang of unruly barons to sign on the dotted line.
So I will provide a grant to the Magna Carta Trust to ensure that today’s generation learn the lessons of the past.0 -
I can't hear Mr Miliband but he's doing a good job of looking like he's being a bit shouty.0
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Someone who thinks that accountancy is too exciting, exotic and dangerous a career.Sunil_Prasannan said:
WTF is an actuary?OblitusSumMe said:
You give an actuary a large sum of money in return for a small sum of money every year until you die.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
It means there is no chance that your pot of money will run out, so if you live a lot longer then you expect the actuary will be able to use money from people who die younger then they expected to keep on paying your pension.0 -
Deputy speaker getting a little partisan here.0
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Ahahah All my worries about Ed Balls being replaced before GE are gone - Ed Miliband seems to be aping his style !!!0
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I used to think Hoyle was a reasonable Deputy Speaker - but he is being very partisan in his handling of this. There was a lot of Labour noise during the Budget - and he let it go. Now there is Tory noise during the response and he is standing up over and over again.0
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Is there a PB book open on how many times Ed will say "Same old tories"0
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Looks like Ed has downgraded to a 30% core vote strategy.
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Could do with that Tory bounce in the polls. !0
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Like this?Financier said:Miliband does not come over well with his constantly moving pointy finger. People who do that almost incessantly know they have lost the argument.
http://blogs.telegraph.co.uk/news/files/2011/02/david-cameron_1830215c.jpg
http://cdn2.spectator.co.uk/wp-content/blogs.dir/11/files/2013/10/182640324.jpg
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2013/3/7/1362675592090/David-Cameron-008.jpg
http://3.bp.blogspot.com/-yCjPoejuNLE/UiTdx3S74DI/AAAAAAAAFrM/zU7s_O4yDvc/s1600/DavidCameronPointFingerUK.jpg0 -
Ed Miliband's haircut is getting a tad early 90s. Another three weeks and he'll have curtains.
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I ain't the biggest fan of Ed Milliband, but what do you expect the LOTO to actually say on Budget Day?
He can't respond to it directly, so he can only read from a prepared script.
I can't see the point of it at all.
Mind you Milliband's "nod your head routine" is fecking pathetic.0 -
Bullingdon Club!!
Wtf has David Dimbleby got to do with this, Ed?0 -
Not necessarily helping Ed Miliband. His over tone is sloganeering, little narrative - and that's all the more difficult when you're interrupted by the Speaker.oxfordsimon said:I used to think Hoyle was a reasonable Deputy Speaker - but he is being very partial in his handling of this. There was a lot of Labour noise during the Budget - and he let it go. Now there is Tory noise during the response and he is standing up over and over again.
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Simplifying, when you retire you had to give all your money to an insurance company in return for an annual income until you die. If you die the day after signing the contract that's tough luck.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
Now you don't0 -
Just a factual query - what is this about?
"almost double the total pension savings you can take as a lump sum to £30,000"
And what do we read into this?
"There will be consequential implications for defined benefit pensions upon which we will consult and proceed cautiously."0 -
Well, that wasn't one rabbit, that was a whole warren of rabbits.
The pension changes are quite extraordinary. Hadn't seen that lot coming.0 -
I turned Ed off because it was so painful...
I think if I had to attack, with Ed "out of touch" meme, I would on the basis Osborne is giving people opportunity for people to save £15k a year tax free, not a lot of ordinary struggling folks will see that as normal or realistic to have £15k every year to put away.0 -
Slackbladder said:
Someone who thinks that accountancy is too exciting, exotic and dangerous a career.Sunil_Prasannan said:
WTF is an actuary?OblitusSumMe said:
You give an actuary a large sum of money in return for a small sum of money every year until you die.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
It means there is no chance that your pot of money will run out, so if you live a lot longer then you expect the actuary will be able to use money from people who die younger then they expected to keep on paying your pension.
*like!*
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Ozzie is painting this as fiscally neutral, so somebody will have to get hit, somewhere along the line, in return for the giveaways.0
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Ed Milibland seems to think talking up a class war is the answer to the budget.0
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Class war nonsense from Ed.0
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This is truely terrible, it's just a prejudiced rant about everything Miliband doesn't like about the tories with no reference whatsoever to the budget speech just given. It's a good job no one listens, it's utterly embarrassing.0
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I have had essentially no good options for saving money in recent years. This budget will make getting a somewhat non-shitty return on savings possible for the first time in years. So....GOOD.0
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"Crap" is apparently parliamentary language then?0
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Or even this?Financier said:Miliband does not come over well with his constantly moving pointy finger. People who do that almost incessantly know they have lost the argument.
http://www.mirror.co.uk/news/uk-news/david-cameron-speech-we-finger-23310830 -
Yup - Ever since Ed Miliband became Labour Leader.corporeal said:"Crap" is apparently parliamentary language then?
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Welfare capped. Investment boosted.taffys said:Ozzie is painting this as fiscally neutral, so somebody will have to get hit, somewhere along the line, in return for the giveaways.
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Ed Milibland seems to think talking up a class war is the answer to the budget.
Ed and wee dougie are sounding more like occupy every day. Bankers, bankers, bankers.0 -
Equally, you can now squander all the money and then go 'Oops' and ask the State to look after you - not sure what the intended prevention to that is other than assuming personal responsibility.Charles said:
Simplifying, when you retire you had to give all your money to an insurance company in return for an annual income until you die. If you die the day after signing the contract that's tough luck.SeanT said:Great news about annuities.
WTF is an annuity, by the way?
Now you don't
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Did Miliband actually say anything about the content of the Budget? Did he mention savings? No. Did he mention duty levels? No. Did he mention anything of substance? No.
(see we can all play that game Ed!)
I appreciate it is a difficult speech to make - but he has had enough time to settle into the role and get better at it. But it seems he is going backwards in terms of style, presentation and content.
Long may it continue!0 -
The pensions change was stated to be revenue positive (it may well be). An example of a potentially popular policy raising money - the last one I can think of is the national lottery.taffys said:Ozzie is painting this as fiscally neutral, so somebody will have to get hit, somewhere along the line, in return for the giveaways.
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So what's the PB verdict?
Home run by Ozzy and a disaster for Ed?0 -
Nick - that your employment prospects in 2015 just took a serious knock!NickPalmer said:
And what do we read into this?
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Well, what else can he say? Nothing useful.Schards said:This is truely terrible, it's just a prejudiced rant about everything Miliband doesn't like about the tories with no reference whatsoever to the budget speech just given. It's a good job no one listens, it's utterly embarrassing.
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This to me looks like a budget to dish UKIP. It looks to appeal to the Mail and the Express battlers.0
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Utter bilge from Ed.
Full of platitudes and class war rhetoric without addressing ANY of the budget measures
"Bankers Blah Blah .... Usual Tories Blah Blah ...."
Britain deserves better than Ed but the nation is stuck with him until Labour elect another LotO next year.0
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