Discover and read the best of Twitter Threads about #springstatement2022
Most recents (6)
The Chancellor’s obsession with political gameplaying was at odds with a changed public mood, writes @AndrewMarr9. #SpringStatement2022
newstatesman.com/politics/uk-po…
newstatesman.com/politics/uk-po…
Neither the House of Commons dramatics, nor the political theatre of a promised tax cut, saved Rishi Sunak’s Spring Statement from being savaged by right, left and centre.
First, says @AndrewMarr9, if you are going to pull a rabbit from a hat, make sure it’s a real, live and twitching rabbit, and not the airy promise of a possible bunny in two years’ time.
Kicking off our #SpringStatement2022 event @JamesSmithRF notes that the Chancellor set himself two tasks:
1. Support for households in the face of the cost of living crisis.
2. Set up the tax cuts to come.
Did he deliver?
1. Support for households in the face of the cost of living crisis.
2. Set up the tax cuts to come.
Did he deliver?
@JamesSmithRF The key economic context is the @OBR_UK forecasting the highest inflation for 40 years this year....
@JamesSmithRF @OBR_UK The Chancellor's policy response centred around a 5p fuel duty cut, a big increase in the NICs threshold and £500 million increase to the Household Support Fund (plus energy bills rebate package announced earlier). Notably nothing to address the £11bn real-terms cuts to benefits.
Thread (1/3)
Sunak's #SpringStatement2022 is far too little to solve the problems this government has created for most UK families.
It doesn't tackle the latest price rises...
99-percent.org/cost-of-living…
Sunak's #SpringStatement2022 is far too little to solve the problems this government has created for most UK families.
It doesn't tackle the latest price rises...
99-percent.org/cost-of-living…
(3/3)
It is as if he is determined to prove that he will not be solving any of our problems.
It is as if he is determined to prove that he will not be solving any of our problems.
As a #Disabled single parent on #UniversalCredit I desperately needed the #SpringStatement2022 to provide some sort of relief from the #CostOfLivingCrisis we're facing.
It doesn't...
🧵
It doesn't...
🧵
If I use 15L of petrol/diesel in a week I can expect to be 75p a week better off?
It makes little impact when petrol is up ~50p a litre since the pandemic/Brexit.
75p cut, vs. a £7.50 increase? It's meaningless.
I need a lot more to get by than 75p a week!
2.
It makes little impact when petrol is up ~50p a litre since the pandemic/Brexit.
75p cut, vs. a £7.50 increase? It's meaningless.
I need a lot more to get by than 75p a week!
2.
Then there's the doubling of the #HouseholdSupportFund - that's a discretionary. You have to plead with the council for it.
You have to set out why you, specifically, are failing to cope on benefits and deliver your full bank statement for scrutiny so they can criticise you.
3.
You have to set out why you, specifically, are failing to cope on benefits and deliver your full bank statement for scrutiny so they can criticise you.
3.
"The actions we have taken to sanction Putin's regime are not cost-free for us at home" - Rishi Sunak.
Follow this thread for video updates from the #SpringStatement
Follow this thread for video updates from the #SpringStatement
Rishi Sunak states that "disruptions to global supply chains" and the "economic response to Putin's aggression" have led to increases in projected inflation. - #SpringStatement
Read an analysis of the war's impact on the cost of living crisis here:
newstatesman.com/comment/2022/0…
Read an analysis of the war's impact on the cost of living crisis here:
newstatesman.com/comment/2022/0…
"Fuel duty will be cut not by one, not even by two but by five pence per litre"
Rishi Sunak announces cuts to fuel duty in his #SpringStatement
Rishi Sunak announces cuts to fuel duty in his #SpringStatement
Join us as we pick out the key points for small business owners and landlords from the #SpringStatement2022
Rishi Sunak will cut fuel duty by 5p per litre, biggest cut to fuel duty rates and will be in place until March 2023
VAT on energy saving materials including solar panels and heat pumps will be cut to 0% for next five years. Will not be applied immediately to Northern Ireland.
