#ukbudget — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ukbudget, aggregated by home.social.
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Have read a free things about the budget. My favourite takeaway so far so far is “Rachael from accounts”.
Interesting to observe that the to-be-introduced per-mile EV tax will add 50% to the cost of driving at today’s rates- assuming you pay 25p/KWh and get 4 miles per KWh. Less if you’re not charging at home, mind.
I’m not too fussed. The treasury are going to lose out big time on fuel duty as EV adoption rises, this tax was only a matter of time. And by the time it comes in (when, not if) cars and batteries will have got better - lighter, more efficient, more kWh/Kg.
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Worth noting that Sterling is up against the US Dollar and Euro. So, markets are scared by this #UKBudget
(Unlike the Truss budget that tanked the UK bond market. A reminder to #NeverTrustATory )
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With the significant exception of freezing tax thresholds, the #UKBudget seems very carefully crafted to extract revenues from those with the most discretionary incomes and most expensive houses.
Meanwhile, massive boost to pensioners and the lower paid workers.
IMO, a very solid Labour budget.
BBC News: Budget 2025 summary: Key points from Rachel Reeves’s speech - BBC News
BBC News - Budget 2025 summary: Key points from Rachel Reeves’s speech - BBC News
https://www.bbc.co.uk/news/articles/cj4w44w42j5o -
Terrifyingly, Rachel Reeves seems to be in favour of PFI for NHS projects. This is proof that she is not competent to run a bath, let alone the UK fisc.
Everydoctor is fighting hard to oppose this. You can support them here:
https://www.crowdfunder.co.uk/p/qr/OnvrPGNn
#NHS #UKBudget #UKPolitics -
How will the Reeves handle these three issues? #ukbudget
https://tcnv.link/enFJL9T -
The UK Cyber Security and Resilience Bill is also a chance to assess and reduce the UK’s dependence on large US corporations for vital government infrastructure.
Other countries like France and the Netherlands are already debating how to do this, such as through open source software.
As we saw with the AWS outage, we need digital sovereignty to keep the UK economy switched on.
https://www.openrightsgroup.org/press-releases/org-response-to-cyber-security-bill/
#Budget2025 #budget #UKbudget #reeves #cybersecurity #ukpolitics #ukpol #digitalsovereignty
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The UK government must take cybersecurity seriously to get growth.
Key to this is strong encryption for all.
They must put guarantees in the UK Cyber Security and Resilience Bill and quit trying to force a backdoor into secure systems like they did with Apple.
Otherwise we'll be open to more attacks.
#Budget2025 #budget #UKbudget #reeves #dataprotection #cybersecurity #data #ukpolitics #ukpol #e2ee #encryption
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Seeing safeguards over our data as barriers to growth is folly.
The UK's new Data Act has put into question the adequacy agreement with the EU.
Losing it would impose £1-1.6 billion in legal and compliance costs on UK businesses alone, as well as threaten EU-UK trade agreements and the Windsor Framework.
#Budget2025 #budget #UKbudget #reeves #dataprotection #cybersecurity #data #ukpolitics #ukpol #eu
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What’s data protection law got to do with the UK budget?
Information security requirements contained within are key to growth.
Just look at how the Jaguar Land Rover cyber attack hurt the UK economy.
That’s why the data watchdog must start enforcing these rules properly.
https://www.bbc.co.uk/news/articles/cx2y1z4z70jo
#Budget2025 #budget #UKbudget #reeves #dataprotection #cybersecurity #data #ukpolitics #ukpol
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CW: UK budget
Some details of today's UK budget appear to have been briefed, but I fail to understand the rationale for:
* Pay per mile for EVs - surely this will slow any green transition?
* No (increase in?) duty on aviation fuel - why on earth not tax this toxic form of transport? -
On this week’s Full Scottish, Nadia Chand and guests, Paul McLennan MSP and Huw Marshall discuss the week’s top Scottish and international news, including Gaza, Ukraine, Dayton Peace Agreement, Trump abusing journalists, UK Immigration rules, Budget and UK economy, the COVID Inquiry and Scotland going to the World Cup.
The post appeared first on Broadcasting Scotland.
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Tax the Rich to Feed the Poor.
It's that simple Reeves.
Stop making it complicated as favour to your rich friends.#UKBudget #UKPOL #UKPOLITICS #RachelReeves #TaxTheRich #NoBillionaires #Socialism #Labour
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Laughing in Millennial because all the scare stories about the Budget are for home owners and that ain't us buddy!
#Landlords #UKBudget #RachelReeves #UKPOL #UKPolitics #Housing #Millennial
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CW: good article on economics misinformation
... from @sjwrenlewis:
"Most journalists are overworked and have little time to think, let alone consult experts. ... It is therefore possible for the media to present readers or viewers with a completely distorted view of reality, and for most journalists to be almost unaware that this is happening or that it is a problem."
https://mainlymacro.blogspot.com/2024/11/the-markets-budget-media-and-electing.html
#journalism #media #economics #misinformation #UKPol #USPol #UKBudget
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On active travel, it looks like an extra £100m for the financial year - so, scraping behind the sofa for money for walking, wheeling, and cycling. Great, thanks(!)
#UKBudget #ActiveTravel #UKLabour #WalkingAndWheeling #Cycling
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Sunak: “So can I ask the Prime Minister to ensure that the Coast to Coast (Walk) does indeed become Britain’s greatest National Trail, and in preparation for my return to the back benches, would he meet with me to discuss it?”
Starmer: “I thought he was about to ask me to join him on the walk, but certainly I will meet him."
