{"id":778,"date":"2025-11-21T10:00:41","date_gmt":"2025-11-21T10:00:41","guid":{"rendered":"https:\/\/timetoexit.co.uk\/?p=778"},"modified":"2025-11-21T10:00:41","modified_gmt":"2025-11-21T10:00:41","slug":"budget-cant-wait","status":"publish","type":"post","link":"http:\/\/s1083297406.websitehome.co.uk\/?p=778","title":{"rendered":"BUDGET? CAN\u2019T WAIT\u2026."},"content":{"rendered":"<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: medium;\">Call it a review, call it whatever you like but whichever way you look at it we have had for a number of years now two budgets per annum. This year is not going to be any different.<\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Arial, serif;\">On <\/span><span style=\"font-family: Arial, serif;\">Wednesday, November 26<\/span><sup><span style=\"font-family: Arial, serif;\">th<\/span><\/sup><span style=\"font-family: Arial, serif;\"> the House will be packed to hear the latest report from Chancellor of the <\/span><span style=\"font-family: Arial, serif;\">E<\/span><span style=\"font-family: Arial, serif;\">xchequer Rachel Reeves. No doubt there will be much made of what this government inherited from the previous government. In the 58<\/span><sup><span style=\"font-family: Arial, serif;\">th<\/span><\/sup><span style=\"font-family: Arial, serif;\"> General Election held in this country, Labour won with a fraction over a third of the vote. That means that two-thirds of the voting public didn\u2019t vote for them. The actual turn-out was <\/span><span style=\"font-family: Arial, serif;\">the second lowest ever. The lowest was in 2001 when Tony Blair was re-elected. To be fair, there was a lower turn out in 1918 when a Liberal-Conservative coalition was formed with David Lloyd George taking the lead role. The circumstances were very different then of course. <\/span><\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Arial, serif;\">The point is that in what we might call \u2018modern\u2019 times whatever party is elected spends the next 18 moths or so blaming the previous government for everything that is wrong. <\/span><\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: medium;\">So far in recent weeks we have heard that taxes are going to rise, only then to be told they are not going to rise. Why the quick turn around? Because the government is desperately trying to living up to the \u2018we are the good guys\u2019 image they created for themselves to get their majority election vote. <\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: medium;\">If you don\u2019t increase Income Tax it is not a great problem because you have the other tax to play with \u2013 National Insurance. You can fiddle around with various other taxes too. Don\u2019t displease the Labour voters too much but hit those with estates, farms and so on. Don\u2019t hurt the investors from overseas because you will end up bailing them out to save jobs including those of Labour voters. It is a conundrum.<\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Arial, serif;\">One thing is certain. If it doesn\u2019t hurt it will be a cowardly turn around to save face. If it does hurt <\/span><span style=\"font-family: Arial, serif;\">then let us hope that whatever money is extracted from us is spent wisely and not simply another contribution to our financial sickness.<\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Call it a review, call it whatever you like but whichever way you look at it we have had for a number of years now two budgets per annum. This year is not going to be any different. On Wednesday, November 26th the House will be packed to hear the latest report from Chancellor of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=778"}],"version-history":[{"count":0,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/s1083297406.websitehome.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}