In the last budget the government said it wanted more jobs. It put up tax on employing people. Vacancies fell, Unemployment shot up.
The government wanted more food grown. It increased tax on family farms. Farmers gave up farming or looked for ways to switch out of food growing.
The government wanted to back UK industry but intensified bans and dear energy to decarbonise.There has been a tsunami of big industrial closures.
The government wanted to tax the rich more. 16,000 millionaires left the country to escape all UK tax
If tomorrow the government taxes people’s homes more that will do more damage to the housing market. It will be another obstacle to their lie in the sky dream of building 1.5 m homes
If they persist with their new tariffs or carbon border tax that will upend their wish to grow faster via more trade.
If they impose a user tax on battery cars that will slow their wish to see more sales of these vehicles
If they continue with current bans and windfall taxes on UK oil and gas they will speed the developing collapse of that industry and our whole petro chemical industry.
If they add to the bank tax that will slow down loans and credit needed to power growth
If they tax pension saving more, people will invest less
November 25, 2025
“Higher taxes destroy prosperity and growth” of course they do as does rip off “renewable” unreliable energy, the war on CO2 plant, tree and crop food food, the wars on motorists, on businesses, on the self employed, on landlords, on workers, on savers, on house buyers, on house movers, on the rich and hard working… the mad workers right bill, the tenants rights bill… more and more reckless and fewer and fewer tax payers to carry them.
The doom loop is accelerating with every mad thing this moronic and evil government does. The exact reverse of what was needed after 14 years of the dire Cameron, May, Boris, Sunak Con-socialism.
November 25, 2025
All correct john so everything is peachy according to our Marxist government
Everything they do is counter productive which of course is mandated by the UN/WEF agenda 30. A financial crash is being engineered so we have to call for assistance from the IMF. One condition will be rejoining the EU. Lying 2TK will present it as a fait accompli no matter what the ruinous terms are.
Liebour are stupid but not that stupid as with their dogmatic approach to net stupid, it’s all designed to bankrupt the country . I fear for coming generations because of the damage the uniparty has inflicted on this once great country.
November 25, 2025
Well This seems a reasonable explanation for Reeve’s insane doom loop agenda – as you say Labour are stupid but can they really be this stupid or do they have a hidden agenda of vandalism?
November 25, 2025
Lifelogic
I do not think those in charge are clever enough work it out for themselves, that is why they have bought in younger redistribution fanatics as advisors, who really do think you can bleed people out of their carefully built finances forever.
November 25, 2025
What’s most upsetting is the lack of ambition of these redistributer children. Or are they trust-fund kids who feel guilty about their privilege?
Labour talks about wanting social mobility. They want working-class kids to be aspirational, take degrees, and pursue professional jobs to achieve intergenerational mobility. However, these tax penalties for those who achieve this are demotivating and will negatively impact people willing to take risks and start businesses. Are we all to work for the State alone?
November 26, 2025
a-Tracy ….I object to the statement ‘work for the State’. They don’t work producing nothing, leave no heritage, shuffle papers, restrict positive change.
November 25, 2025
Yes, that’s certainly a possible objective; the everso chummy relationship between 2TK and Ms V D Layen is hard to ignore. France/Macron trying everywhichway to get more money from 2TK No doubt he’ll find a way to help pay more French bills, but it won’t make any difference, they’re already over the cliff.
The other objective is simple socialism – seeking to control the means of production, distribution and exchange. Population management – digital ID’s. Redistribution of wealth. We can already see there is separation of rules for the executive class and proletariat.
Don’t expect money for the military – other than to give it away to the EU army.
National destruction is on the way with 2TK.
November 25, 2025
Today wind is providing a respectable 23% of demand which as a percentage will drop as the demand increases. Nevertheless we are running our CCGT plants near maximum and exporting 2gw to Holland and Ireland. Why are we using precious gas whilst exporting at £76 per mwh which is technically a loss.
Someone is making big money out of this scam.
November 25, 2025
@Life Logic & @Ian Wragg – all part of the big Marxist Plan. I would suggest it started with Blair, with each so-called PM after him instead of taking up the option of reversing the decline, they powered in to accelerate it.
“mandated by the UN/WEF agenda 30” we have 650 people we empower and pay to be our sole legislators, our government and seemingly to a man they all as 2TK has emphasised have chosen foreign unelected unaccountable numpties to dictate to the UK.
There can be no other explanation
November 25, 2025
I was reminded yesterday (given the discussion that Reeves might well stop this and salary sacrifice for pension contributions) that you can still transfer 10% of your wife/husband etc. personal allowance to yourself but only if she/he has not used it all and you are on basic rate tax.
It does not apply to me but does not to my brother – he can get about £1000 back circa £250 PA. Surely given how government waste tax payers money it is everyone’s moral duty to try to stop them where it is legal? Given this government is it very hard to spend it or invest it worse than this government will do.
https://www.gov.uk/guidance/apply-for-marriage-allowance-by-post
November 25, 2025
Starmer’s little “untruths” Jacob Rees-Mogg’s video is spot on – and yes Jacob you are right bought mince pies have far too much thick & usually rather unpleasant pastry (often made with rather artificial nasty fats) even the posh ones. Best to get your nanny (or mother) to make them as he says – and to make the mince too of course! Stick to butter or beef suet fats.
November 26, 2025
Will nannies be taxed 100%?
November 25, 2025
Years ago, the Saatchi ‘Labour isn’t working’ poster depicting a long snake-like dole queue extending way out of the door was extremely effective.
Perhaps it should be reprinted and used today. However, it may not be needed as nearly everybody in the UK knows it, suffering from bitter experience. Labour doesn’t work and is failing in virtually every way.
That small expense on printing may be the only money that Labour’s performance in office has saved!
November 25, 2025
Agreed. And to repeat my previous comments here: those in charge are clueless, useless and hopeless.
Yesterday I saw a clip of Zia Yusuf answering questions at a CBI event. In response to one he said that, based on conversations with big foreign corporates and sovereign wealth funds, the feed back from them was that the UK is no place to invest based on the burden of taxation and employment laws imposed and planned by this Labour government.
The economy has ground to a standstill. There is a good chance it will go into reverse as people and businesses that are here simply sit on their hands in the face of the stupid actions of a stupid government.
November 25, 2025
Good morning
It is far worse than that, Sir John. They have allowed a large number of Indians’ to be employed here and allowed with the benefit of the employer not having to pay Employers NIC, further undermining UK workers and small business.
The damage they have done to the UK economy is solely down to them now. The Tory Party did little good and have been rightly punished, but nothing on the scale of this lot in such a short time.
I can only say again. By jacking it in early, the Little Usurper played a blinder.
November 25, 2025
Indeed yet more rigged markets (rigged against british workers) and yet is seems to return illegal migrants to India we still had to do it via France and the mad one thousand in one out scheme not directly!
November 25, 2025
That’s a weird one! The reasoning goes if you enjoy receiving an income in the UK, that is derived from the wealth created there, enjoy the infrastructures and frameworks that the Taxpayer has funded, you are removed from contributing equally because your home Country Demands you pay tax there on income earned in the UK.
Its the UK’s Parliaments pursuit of ensuring UK wealth, taxpayer money, is exported as fast as possible never to return.
November 25, 2025
But John, we have a magic money tree in the back garden of No 11 Downing street, have you not seen it.?
Then if and when that fails to bare fruit, we have the electronic keyboard to the printing press at the Bank of England as a back up.
November 25, 2025
Reeves says she want to keep inflation downs, be fiscally sensible and to go for Growth? But everything she does is counter to all these aims. So is she extremely stupid/misguided or just lying? Or is there some other explanation?
She also supports Net Zero, vast low skilled immigration, the Worker Rights lunacy and the tenants rights lunacy also counter to growth, fiscal prudence and low inflation.
November 25, 2025
And Landlord licencing too it seems!
November 25, 2025
It’s Labour Sir JR, it’s what they do. Tax, tax, then tax again. Cripple the economy, get voted out.
November 25, 2025
OA
The problem now is that we have so many on Benefits who believe you can get money for nothing, they are getting close to outnumbering those who are expected to pay for it all.
Thus voting for those who promise money for nothing, may still get in again.
Hence why so many who pay a lot, and who can afford to leave the Country, are now doing so.
November 25, 2025
It reminds me of the phrase ‘robbing Peter to pay Paul’ only this time Paul has already left. So, we finish up in the situation Paul has to pay for everything, or in political terms the electorate is being promised they will get a share of the money stolen from them. The political bribe based on ideology and prejudice.
The Unions got the Government they wanted, the workers Party, the party of division, the party that works from spite of political ideology. The Union membership is paying for this, paying to lose their jobs, their income stream, their future.
We have reached the stage that Paul is the State Worker, those in receipt of benefits that now all have to be taxed when they thought they were immune. All because Parliament and its chosen Government is making promises it knows it cant keep
November 25, 2025
I make a calculation. I value my leisure time, and I value the income I get from working. Which do I value more? If the income I get from working is reduced by further tax, it tips the balance towards my leisure time so I work less.
A similar calculation is made by someone considering starting a new venture. They value their savings, but they also value the profit they might make with the investment, taking account of the risk of the speculation. If business taxes increase, it tips the balance of the calculation and fewer people take the risk. The economy suffers.
Any poor soul that needs to work for a living should get a public sector job, where they are insulated from government harm by the unions.
November 25, 2025
John.
Does anyone in Government have a clue how much money is being sent abroad by the immigrant population, who feel it is their duty to send money back to their homeland, to support their extended family who do not follow them here.
So easy now with electronic transfers.
If a million people just sent back home a £1,000 a Year, that is £1,000,000,000 out of our economy every year from which no tax is raised as it does not circulate here.
If it actually comes from Benefits gained, then it is an absolute and total loss/cost, as they have not even paid income tax to earn it.
November 25, 2025
I guess given I have not had an answer, that the Government does not have a clue, likewise they would not have a clue if someone registered/living in the UK, gave someone/family member in another country, the details of their UK credit card, so goods could be purchased from anywhere in the World against a UK name, and sent to any address as well, just like when you are on Holiday.
Thus no need to actually transfer money through the normal banking system abroad, as the owner of the card pays the account when due, via a UK bank account.
All a bit like out of control foreign aid, who knows how much, and what it is spent on !
In the meantime the less money in circulation in the UK, the less tax raised on all possible transactions.
November 25, 2025
Yes we know what some of it is because it is listed in the Indian Budget as income from ‘remittances’, for instance.
November 25, 2025
Benefits to people not born here should be stopped. I don’t care if anyone has been here for years, let them take out insurance whilst working to pay their way should they lose their job.
November 25, 2025
The government said it wanted more jobs, more food grown, and so on….but their actions do not match the rhetoric. This is all deliberate – Their policies cannot support the insanities of net-0 and give us growth in any fashion at the same time. The two are incompatible!
So let’s forget all the theatre and bold statements about positive growth, ETC, ETC, this is a government following a NET-0 agenda at huge cost to the people of the UK, and this agenda will always take priority.
This all goes some way to explaining why the country is in such a damaged condition – the lies and deceit about improving the economy are just that; pure duplicity.
November 25, 2025
The UK’s overall tax burden is currently about 37%. This is the highest proportion since 1948. The chancellor has a golden opportunity to stimulate GDP growth by reducing it. For example, from peak to trough the Thatcher and Major administrations managed to get it down from 34% to 27% and it fuelled growth.
The Chancellor claims she wants meaningful GDP growth. Not with a 37% tax burden she won’t (which incidentally is forecast to increase to 37.5%).
November 25, 2025
It’s higher than that, in fact the marginal rate is almost 100%.
November 25, 2025
I am not referring to the marginal rate of any tax (ie tax bands). It is not the debt to GDP ratio either, which I think you are referring to. It is the overall tax burden:
https://www.statista.com/statistics/1440151/uk-tax-burden/
November 25, 2025
The fundamental human nature to avoid pain is what drives all decisions.
The political attempt to force the public to choose which pain they will accept and which they will run away from, is a much valued skill which Rachel from accounts clearly does not possess.
This pain avoidance trait we all share is why it is impossible to tax a nation into growth because people run away from the pain of state approved robbery Businesses simply close..
The damage to previously healthy markets, by people avoiding state imposed pain, is why our entire economy is n crisis. No one is confident their business and best efforts will be allowed to continue or be profitable, as the eco mad zealots find ever more ways to impose their misplaced green energy ideology on us. It is destroying commerce destroying manufacturing, destroying the environment and destroying the chance of growth…..literally
November 25, 2025
“Taxed to Death”
“Born Free & Taxes to Death”
slogans appeared in post war USA on car plates and gravestones etc.
It has been with us in the UK so long like bad weather, but a Budget in winter and near Christmas shows how pathetic this fake “government” has lost the plot. Is Starmer still in the country to defend it while smiling assistant presents herself oblivious to the damage to the economy and country?
November 25, 2025
Finally, tomorrow we will find out how bad a Labour Government budget is, yet again. They will not cut spending; indeed, they are happy to increase it so that the UK will go bankrupt. Sadly, it will take a major crisis to stop the rot, and it will be a painful experience for everyone.
Any other Chancellor would have been sacked for all the pre-budget leaks.
Have we ever had such a bunch of lightweight Ministers? What does it say about the UK education system that no one in Government seems to understand basic economics? Do Ministers and Labour MPs manage their personal financial situations the way they manage the UK’s? It is an utter shambles!
November 25, 2025
It would not surprise me if the content of this budget is solely to appease those in the Parliamentary Labour Party so that they will not remove her and Sir K. The PLP is her ‘electorate’ not the rest of us.
November 25, 2025
Yes, the latest industry to close is the plastics basic feed plant in Fife. That will collapse the rest unless they can buy cheap imported materials.
But reverse taxation can work, with child benefit for extra children. That should increase the number and proportion of births with poor parents like single mothers and certain migrants.
November 25, 2025
Also reported today the loss of 650 jobs with the closure of UK only metal recycling company ‘Unimetals’
November 25, 2025
I asked Gemini about the size of the UK tax code. It suggested Tolley’s tax guide as a useful proxy. In 2025 the guide runs to more than 23000 pages! It said that in 2006 it was “only” just over 12000 pages. Probably by tomorrow it will have doubled in size since 2006. Coincidentally (?) that was the year that UK productivity started to flat line. It is notable that in most budgets since that date there has been an avalanche of new tax raising measures announced as successive governments fail to control spending. The UK government and ruling class is now beyond redemption.
November 25, 2025
Oldtimer
They say ignorance of those 23,000 pages is no excuse !
Shame the Deputy Prime Minister and the Chancellor, and no doubt many other politicians (with all of their in house advisors) still get it wrong, but do not seem to be punished with the same vigour as anyone else.
Simplification would perhaps help us all !
November 25, 2025
Motability consumed a record £2.8bn of taxpayer cash last year following a surge in people applying for PIP.
Most cars costing up to £27,000 can be acquired without any upfront payment, but more expensive models can require claimants to stump up between £95 and £7,500.
You couldn’t make it up £2.8bn all funded by the taxpayer
From the Guardian – “The chancellor will unveil an extra £1.3bn for subsidies for new electric vehicles (EVs)” So those people that can afford NEW Cars will get those that can’t afford a new car to fund their life style….
Hotel bill for illegal entry into the UK is now at £6.5bn
Working age on benefits 2024 cost – £141.2 billion
Disabled benefits cost 2024 – £70 billion
November 25, 2025
Ian B
I see that a 35 night Caribbean Cruise on Cunard’s Flagship Queen Mary 2 in a balcony Stateroom, costs less per person per night, than the £145 cost per night, of an illegal immigrant in a UK hotel.
Who dreams up these contracts. ?
As usual Government spending out of control and off the scale.
November 25, 2025
Did someone mention higher taxes ….
Ed Miliband giving his COP30 statement in the HoC today to less than 50 MPs …with only the DUP questioning the costs of net-zero
November 25, 2025
This is Farage’s legacy. He told the electorate the socialists would be no worse than the Conservatives. He wanted to obliterate the Conservatives even at the cost of a huge socialist majority for five years. He has only four MPs. He could have targeted his campaign differently so this did not happen and he got more seats.
November 26, 2025
The ‘legacy’ has barely started Rose…..
November 25, 2025
“Higher taxes destroy prosperity and growth”
Of course, which is why the PM has declared: “The Budget will be a Labour Budget built on Labour values. These values being that socialism depends upon making and keeping people poor.
They tax cigarettes to make people smoke less.
They tax fuel to make people drive less.
They tax alcohol to make people drink less.
They tax energy to make people use less.
They tax sugar to make people eat less.
They tax employment to make people employ less.
They tax companies to make people earn less.
So why not tax prosperity and its creation?
November 26, 2025
All social engineering
November 26, 2025
Just for argument’s sake, ignore what Reeves and Starmer parrot about ‘wanting growth’. A 12-year-old in power could do more to achieve it than they have.
Ignore what the government says about ‘wanting to halt’ the massive illegal entry into Britain, a ‘wish’ that its actions (and inaction) do no thing to display.
What is it that all this de-industrialization and re-distribution of taxes to the non-working is telling you about their real motives?
How safe is it to assume that all these numerous actions leading to inevitable results of national impoverishment and replacement of the indigenous population are accidental? Or the result of a startling outbreak of mass stupidity by all ministries, the Treasury, the OBR, the BoE and the think-tanks?
What is the mathematical likelihood of such a one-way journey being achieved by sheer chance? Well?
Good, you are finally on the road to awareness.