Wednesday, 26 November 2025

Autumn Budget Special.



Let me start with the shocking news that Labour's own Business Secretary Peter Kyle (no relation to Jeremy) has just declared that "It was our punishing tax policies that were responsible for having driven an exodus of wealth-creators from Britain";.... as if we didn't all know!

There was one huge sigh of relief around the UK when we all saw in last year's election manifesto that The Labour Party had PROMISED not to put up taxes; so before today's budget announcement we can all relax in the knowledge that we won't be fleeced by the fragrant Ms Reeves (above), and we can all enjoy their spurious assurances for a few minutes more.

But don't be fooled. What they probably meant (but got their speling rong) was that they WILL put up as many taxes as possible, just as they always do. But they didn't want to admit as much in case no-one voted for them. It's an old Labour trick, yet some people are still fooled. In the 'Tax and Spend' Socialist tradition, when you over-spend, you HAVE to raise taxes. It's simple logic. 

They may have been scared-off from raising Income Tax for the moment, but there are plenty of other taxes that they can raise. Alcohol, tobacco, personal savings, house taxes, money transfers, VAT, National Insurance, and, I'm told, even milk based drinks (yes, milkshakes), could all attract her grabbing attention. House taxes being the easiest, with comfortable hard-working middle classes, being the most vulnerable.

Having taken over with the strongest economy in the G7, it's come to this after just 12 months.

The one thing we all know about the fragrant 'Rachel from Accounts' is that she's hopeless at her 'sums', and that she is determined to create another Bankrupt Socialist Quagmire. She is happily creating a new third world country, with businesses closing by the day. The whole of the UK is becoming a giant version of Socialist Liverpool. Businesses simply can't cope with all the extra expenses, and many high streets have become no more than ghost towns. 

She still believes that if one gives 'workers', and even scroungers, more and more money, whilst increasing the taxes of the employers/wealth creators, that this will improve the economy. Would someone PLEASE explain to her that IT DOESN'T. She only has to look at the ever-rising unemployment figures; at present a further 1,000 a day are joining the nearly 2 Million others on the dole queue, and it's soon to increase. This is 282,000 more than when they took over last year.

She doesn't seem to understand that you make a vibrant economy by encouraging investment, leaving as much spending money in people's pockets as possible, and making businesses viable. NOT the opposite. 

The one thing that Rachel IS sure of (as she continuously tells us) is that the dire state of the economy is nothing to do with her, but all the fault of others; the only people who believe that are Sir Keith and Rachel herself. In a recent YouGov poll, 0% of the public thought the economy was in a good state. I expect she also thinks that she did no wrong by breaking the law with her house letting; but that's another story.

Reeves needs to raise about £20 Billion. Well, let me offer some advice. Our Overseas Aid at present costs us £25 Billion each year; money wasted on luxuries for foreign potentates, or even to fill their Swiss bank accounts. Scrap it NOW, and leave the tax payers alone. Your black hole could be cleared in just12 months without any extra taxes for anyone.

So, beware, there's a bloodbath coming. There may be one or two sweeteners, but if you are a hard-worker, have saved enough to live in a nice home, or you earn a decent salary, you WILL be clobbered later today. The 'class warriors' are out to get you. If I am wrong about their budget intentions, I will eat my beret,.... plus some humble pie!

I shall not watch the budget live (too depressing). I shall wait to see the resumé on tomorrow's TV News, and in the Independent Press. 

A staggering 275,000 UK wealthy Nationals have quit Britain in the past year; most of them embarrassed Socialists I imagine. Expect a lot more very soon.

A demain!


19 comments:

  1. I have to admit that "fragrant" is hardly the adjective that I would choose to describe "Rachel from Complaints".
    Having seen a variety of Chancellors over the past 50+ years, she must rank as one of the most incompetent and clueless that it has been my misfortune to suffer under. We need a repeat of the experience under Dennis Healey of calling in the IMF to force this bunch of ideologically insane student politics retards to confront the reality that the UK has been living way beyond it's means for many years, and government spending must be seriously cut.

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    1. They continue to moan about 'Austerity', but to me austerity means 'Good Housekeeping'. Living within one's means.

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  2. Make the most of today as tomorrow we are all up the creek without a paddle. This budget is designed to gain votes…especially the votes of the work shy, lazy and indolent, who will be laughing. I cannot tell you how much I hate this rotten govt! Socialists never get it!

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    1. They make the same mistakes time and time again. They give to those who do nothing, and take away from those who keep the country afloat. They haven't got a clue!

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    2. But they tell themselves (and us) that next time it will be done properly!!!!

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  3. The way I see it is that they want us all to have nothing..and then to add insult to injury they want us to share it!! Dreadful govt.

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    Replies
    1. They want to bring us all down to some idealistic Socialist level. They hate high standards, and adore all that is state controlled. They know it doesn't work, yet they continue because they learned it at the LSE.

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  4. Labour inherited a poisoned chalice and from Day One, the voices of conservatism were echoing around them like vultures circling. All the fevered media speculation around this year's budget has been part of that predatory behaviour. No matter what the capable (not fragrant) Rachel Reeves announces today it will be vindictively derided by all right wingers - amongst whom I include nearly all BBC news correspondents. Damned if you do and damned if you don't.

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    1. I think that you must be living in some parallel universe if you really consider all BBC news correspondents "right wing" . In our version of the UK, they can only be described as fully paid up members of the socialist, left wing, mafia.

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    2. YP. Just because you are a Labour voter doesn't mean that you are obliged to support all their stupidity. Why do you think that so many have quit the party? Why do you think that so many ex-Labour voters have joined Farage? Why do you think that even their own MP's will be up in arms tomorrow? All will be revealed!

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  5. As Will correctly said, the UK has been living way beyond its means for years. Compounded by the complexity of the UK tax system - more loop holes than you could shake a stick at. A top London lawyer once told me “only the poor pay inheritance tax”. In my rural part of the world it is interesting to see parents move out of their large country house so a child can move in.

    The amount of money wasted by the previous government is impressive. PPE contracts given to cronies, furlough schemes that were far too generous, that ridiculous eat out scheme, loans the list goes on.

    Let’s see what happens in the budget. Unfortunately no party seems to have the courage to tackle the triple lock (which is ridiculous) and Labour has caved in on the fuel allowance…also ridiculous.

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    1. All governments waste money, but none is willing to tackle the problem. They should stop always blaming each other and get on with the job. We all know what needs to be done but no-one has to courage to face-up to it.

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  6. Will the useless "Rachel from Accounts" ever fill that black hole she keeps harping on about? Is the money she's taking in taxes really going to fill the Swiss bank accounts of most of the "senior" members of government, so they can all make a speedy exit when the truth is revealed!

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    1. There are plenty of ways of reducing her 'Black Hole' without frightening away all the wealth creators. Soon, the only people left in Britain will be those with their hands out!

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    2. p.s. I see that Italian car makers Ferrari are to export far fewer cars to the UK. So many wealthy Brits have now gone elsewhere, that there's no-one left to buy them!

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  7. It would be interesting to see exactly what a high-net-worth individual's tax burden is.
    As we all know, there are shelters that work very well. If there is a will, there is a way.
    You must have a few tricks up your sleeve!

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    Replies
    1. I think the best, and favourite, shelter is to leave the country!

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  8. Us earners are supporting the country as per

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