AlisonW - The .com test site

This site is currently being redeveloped. Although it will work fine it will continue to look terrible for a while yet. Sorry!

2008-11-23 - 22:45:00 - by AlisonW - Topic: UK-Politics: Labour |

Once upon a time a British Chancellor wouldn't let on what might – or might not – be in his forthcoming Budget. But tomorrow the present Chancellor appears to have lost the habit of purdah and leaked like a sieve on the likely content in his 'pre-Budget statement'.

There is also that corollary of 'What goes up, must come down' in that if there are temporary reductions in VAT, for example, then that means they will go up even further afterwards. I was speaking with a friend of mine who owns and runs a small bookshop earlier today and she was telling me that this reduction – of itself not likely to bring shoppers flocking to the tills because its effect will actually be so small – will cost her substantial money in creating new tax rates within the business accounts along with calculating and publicising the new cost of each item.

The strong rumour that a new higher-income tax rate will be introduced – 45% on earnings of £150,000+ or thereabouts – breaks Labour's election commitment that it wouldn't raise the top rate of tax although, to be strict about it, they aren't amending the current 'higher' rate just adding a new one on top. One which, personally, I'm in favour of.

I was looking at new laptops yesterday in the stores down Tottenham Court Road, London's electronics centre, and am rather glad that I didn't make a purchase then. I'll probably save myself a 'massive' £15 or so by purchasing it on Tuesday instead.



Recent posts:


A Future in Europe
Mrs May
The cult of personality
Clinton v Trump looking more likely
Dangerous stuff!
Who do you trust with your life?

Latest tweets

Today at 18:00 »
@gfstarr1 Especially with those having recently undergone TJ surgery at the end of the season. Bad MLB.
Today at 17:56 »
Alpha? Beta? Gamma? Delta? Omicron? It's all Greek to me. #GetVaccinatedNow so we don't have to learn the whole alphabet though.
Today at 17:27 »
Remember when "late opening" meant a supermarket was open until 8pm on a Thursday or Friday night?
Today at 17:15 »
If it wasn't "from a cannon" then I'm not interested. He should be in jail.
@guardian : Arizona police officer who fatally shot man in a wheelchair is fired https://t.co/RcbmLcyPHz
Today at 17:10 »
"who they really are"? Ahuh. How?From what I see online many of the trolls are quite content to use their recognis…
@tnewtondunn : Anonymous social media trolls must be forced to declare who they really are to the platforms. It's the only way we'… https://t.co/KVIXIMhqLj
Today at 11:21 »
@labour_history Er, no. For gay male couples. Lesbians weren't illegal.
Today at 02:38 »
That's OK, Monsieur Macron, everyone I know calls him a clown in public. #JohnsonOut