Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Showing posts with label UK Budget. Show all posts
Showing posts with label UK Budget. Show all posts
November 27, 2025
Why Britain’s Budget Is a Failure
Labels:
Rachel Reeves,
UK Budget
November 26, 2025
UK Chancellor Says Ordinary People Will Pay 'A Little Bit More' as She Defends Budget | BBC News
Nov 26, 2025 | UK Chancellor Rachel Reeves - the minister in charge of the government's finances – has set out details of her second Budget since becoming chancellor.
Reeves said she is asking "ordinary people to pay a little bit more" after she announced tax rises of £26bn to come into force by 2030.
Setting out her Budget in the Commons earlier, she said that income tax thresholds would be frozen until 2031, while the two-child welfare cap would be scrapped.
A spokesman has said the chancellor has confidence in the head of the Office for Budget Responsibility, Richard Hughes, after the watchdog mistakenly published details of the Budget early.
Reeves said she is asking "ordinary people to pay a little bit more" after she announced tax rises of £26bn to come into force by 2030.
Setting out her Budget in the Commons earlier, she said that income tax thresholds would be frozen until 2031, while the two-child welfare cap would be scrapped.
A spokesman has said the chancellor has confidence in the head of the Office for Budget Responsibility, Richard Hughes, after the watchdog mistakenly published details of the Budget early.
Labels:
Rachel Reeves,
UK Budget
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