Nope
🚨 NEW: Andy Burnham is “open” to payouts in health and education for Commonwealth countries to make up for Britain’s role in the slave trade
[@Telegraph]
Mike Prendergast retweeted
Today Labour MPs have:
- said employers aren’t workers so they can tax them more (Reynolds)
- refused to commit to the 3% defence spending target (Healey)
- said we should rejoin the EU after campaigning saying we shouldn’t (Reeves)
- opened the door to slavery reparations by talking up an official apology (Burnham)
Are their priorities your priorities?
According to Labour employers aren’t working people.
Small businesses are the backbone of our economy, but Labour thinks you don’t work.
So if you’ve struck out on your own looking to make a better life for you and your family, you’re creating wealth, growth and jobs well Labour think you don’t work.
It all apparently happens by magic.
Genuinely staggered that a government minister went on TV and said this.
'I don't think employers are working people.'
@CamillaTominey grills Chief Secretary to the Treasury, Emma Reynolds MP, over whether Labour has breached its manifesto pledge in the Budget.
📺 Freeview 236, Sky 512, Virgin 604
Mike Prendergast retweeted
An interesting story in the Times which highlights the foolishness of giving HMRC the power to take money straight out of people's bank accounts.
Tax lawyer Simon Evans only found out that he apparently owed HM Revenue & Customs money when it was extracted from his bank account.
Last month he got a letter from HMRC to say it had taken £2,300 out of his account because it claimed he had unpaid tax. “There wasn’t a dispute, we’d never heard from HMRC nor had our accountant who has handled our taxes for many years,” Evans said.
“It turns out that HMRC had sent letters to an old address in London that we haven’t lived at in years,” he said. “This is despite the fact that all of our Companies House and tax returns are up to date with our correct address and our accountant’s address."
“If we owed this money we would of course have paid it. We wanted to know if there had been an administrative oversight, but over several calls no one at HMRC could tell us what we owed, or from what period it was owed. Our accountant is still trying to get to the bottom of it."
This is what happens when you give an incompetent public sector bureaucracy the power to take money out of people's bank accounts.
Maybe the last few budgets might have something to do with it
NEW: Andy Burnham has demanded answers about the insolvency of Poundland, which has its largest distribution centre in his constituency of Makerfield.
The PM tells @Telegraph: "If there was a potential owner to avoid this that hasn’t been accepted, then the Business Secretary and I want to know why that is the case. We stand ready to support the workforce however we can.”
Burnham wants to know why Gordon Brothers, the chain's owner, rejected a solvent bid from Ireland’s Martin Property Group for the entire Poundland business earlier this week.
Story here with @LukeVanceBarr: telegraph.co.uk/business/202…
This anger and frustration is felt by so many small businesses up and down the country. So many must now feel what is the point?
We have a government that has no idea how businesses work, and all the while things just keep getting harder and harder; it’s more expensive and risky to employ people, more of the money you make is taken in tax and now new tax filing rules are imposing more and more bureaucracy and expense on small businesses.
These are the people the government should be championing, small businesses are the backbone of our economy and we should be encouraging and incentivising more people to set up businesses, not making it more difficult.
‘John Healey, if you’re listening, where’s my breathing space?’
Business owner Paul Bowen has criticised the Chancellor’s promise to give ‘breathing space’ through measures in his Budget.
#budget #businesses #costofliving
Mike Prendergast retweeted
Labour's new "Founders' Relief" sounds generous: a 10% CGT rate on gains up to £10m. Read the small print and it's a different story.
To qualify you need:
•25% of the company when the trade began
•5 years' holding and 5 years' continuous UK residence
•£10m turnover and 15 full-time employees
•25% compound growth over three years in two of three tests (turnover, headcount or £1.5m of R&D)
Most founders are diluted well below 25% long before they get anywhere near this, and most successful small businesses will never meet the tests.
Turnover is a poor metric of success.
A relief this convoluted won't change anyone's decision to start a business or keep it in the UK.
Founders want a simple tax system with low rates, not a maze of conditions.
Mike Prendergast retweeted
John Healey resigned as Defence Secretary because of Labour’s failure to fund defence.
Now he is Chancellor, he could give our Armed Forces the funding he said they needed.
Instead, he is cutting the defence budget.
telegraph.co.uk/politics/202…
Mike Prendergast retweeted
Good luck to our six excellent Conservative candidates standing in today’s local government by-elections!
✅ Colvin Osborn in Mid Argyll, Argyll and Bute
✅ Ben Storey in Worksop East, Bassetlaw
✅ Sam Firmstone in St James', Dudley
✅ Luke Hanson in Beechwood & Heath, Halton
✅ Scott Carlton in Dover Beck, Newark and Sherwood
✅ Penny Rainbow in Southwell, Nottinghamshire
🗳️ #VoteConservative
Mike Prendergast retweeted
Takeaways from the budget:
Household disposable income down - £400 or 0.8%
Debt up on predictions by around 10% for the next few years
No clarity on cutting costs. No building resilience. No preparation for the winter to come.
And @KemiBadenoch nailed the response.
Today’s budget was further evidence that the Labour government has no idea how to create growth.
Constantly increasing employment costs will result in fewer jobs and changes to the self assessment system will massively impact self employed people and small businesses.
Increasing tax on savings will punish those who’ve worked hard and saved.
There is no plan to reduce debt or cut taxes, these measures would have the biggest impact on households, helping put money back in people’s pockets.
But don’t worry, gherkins will be a bit cheaper.
BREAKING
The OBR suggests that successive increases in the national living wage and the employment rights act will hit jobs
It says the employment right act will have a ‘negative economic impact’ and hit businesses through ‘increased uncertainty, lost flexibility and higher Labour related costs’
It says that these will ‘more than offset’ any potential increase in productivity
Mike Prendergast retweeted
Sorry, this isn’t credible. If you want to be in the chamber for the budget, there’s always a way.
This man is not a leader, he’s just chucked all the Reform staff under the bus.
He will literally blame anyone but himself when things go wrong. Obviously not a fan of Truman’s “the buck stops here” adage.
When it comes to the next GE, a lot of people will be asking themselves 2 questions.
1. Do I feel better off now than I did before the last GE?
2. Which party leader do I think has a real plan to fix things?
The answer for most to number 1 is a thumping no and it’s becoming clearer and clearer every day that the only party leader with a plan for our country and who can beat Labour is Kemi Badenoch.
If you want to beat Labour at the next GE then it’s a vote for the Conservatives. 🗳️🔵
Party Leader Satisfaction Ratings:
Kemi Badenoch (CON): 35% (+7)
Andy Burnham (LAB): 35% (+4)
Nigel Farage (REF): 22% (-2)
Ed Davey (LDM): 20% (-3)
Zack Polanski (GRN): 17% (-1)
via @Ipsos_in_the_UK, 15-22 Oct
(Changes with 15 Sep)
Mike Prendergast retweeted
Replying to @RobertJenrick
@RobertJenrick is stood there applauding the end of his political career
Mike Prendergast retweeted
I always thought of Danny as an honourable man.
He is choosing to sacrifice that reputation on the altar of Reform blind loyalty.
🚨 COMING UP: Reform UK's Danny Kruger REFUSES to condemn high-profile Reformer's 'disgusting slur' towards Kemi Badenoch...
You won't want to miss this...
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