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The staggering financial illiteracy on display in this cushion is beyond belief The increase in the State pension is an increase due to the cost of living Rising with inflation therefore it is not an increase it just means Pensioners are getting poorer at a slower pace The winter fuel payment was 4 fuel to heat their homes and keep them alive during the winter

"pay decreased over the last decade" .... "The last Labour government did alot of work to increase teacher pay" ...."Very different economic climate" ... Just stop. The last Labour government set in motion the path to a ZIRP environment which is why the value of money has been trashed and why pay would never keep pace. I know the Conservatives continued this and global events played a role but New Labours deregulation, expenditure and kicking spending into the long grass with schemes like PFI, was a complete mess! it is utterly disingenuous to open the discussion trying to frame that period in a positive light.

We want free stuff

Excellent NEEDED!

Apparently the breakfast clubs don't extend to special schools, so my son won't benefit from that.

You van lift the veil of incorporation if you want to. Give HMRC the powers to go after the directors and force asset seizures to settle their fines.

So what Robert is really saying is that he thinks its ‘fair’ that everyones taxes go up so multi millionaires like him can pass that on to his children and working people pay for his luxury care home-what a scam artist!

It is highly unlikely that education can be fixed- it is too late. About 44,000 teachers of working age have left in each of the last two years. The next set of figures will be similar or worse, meaning an exodus of about 100,000 in three years. No-one is going to fix unacceptable behaviour in many schools; most so called leaders are simply not up to the job, despite their ego driven belief in how amazing they are. Humility is in short supply in education these days as schools have been turned into businesses where staff and students are numbers, and a vicious culture of self- advancement prevails. Parents are pandered to instead of an insistence on supporting the school rules over the basics that allow everyone to learn in order to make progress. Yes, schools should be accountable and accessible to parents as part of a dialogue in support of every student prospering in their learning, but too much time is taken up dealing with vexatious and/ or confrontational behaviour by parents who will not do their own job properly, preferring to take sides against the school. Regional behaviour hubs have been in place for a number of years while behaviour in general has worsened. Bullying of staff by other staff and management is a major driver of the loss of teachers. Many schools are toxic environments with over promoted managers who lack compassion for others and know they can act with impunity. Teachers are cowed, know they are on their own if there is a problem because there is no solidarity in the job, the unions are very weak and often advise teachers to take the line of least resistance; leave for their own good to work elsewhere, or negotiate a settlement agreement and good reference. The unions have published information about the prevalence of bullying in education going back several years but nothing is being done about it. Phillipson says very little of substance in interviews. If the freefall in education continues at its current rate, she will not be Education Secretary in two years time. She is robotic and does not come across as empathetic. Anyone interested in reading more about the sheer scale of the overlapping issues in education might want to read some of the articles in the TES in response to recent developments in education- they paint a bleak picture.

Did he just insinuate that Liz Truss was brought down because she went against City interests?

I have some ideas! 1.Get rid of set classes! 2.Not tests until they are sixteen years old. 3.Black history & Working class history. 3.Free tuition fees in universities for poor people. 4.Smaller class sizes. 5.More Teachers from working class families especially Male Teachers. 👍

At last some who dispels the myth of paying down the debt with austerity.

Bllx I don't believe it.

The UK government spends around £1 trillion a year. Do you really think the country, the NHS, and everything else would be any better if the government collected and spent £1.1 trillion, £1.2 trillion, or any other amount? I believe that if you don’t know what you’re doing, no amount of money is going to make a difference.

More centrist twaddle from Goalhanger or whatever it’s called?

I totally disagree that you can’t spot children on free school meals. They tend to be the only ones getting food. Most kids who are not on free school meals take Sandwiches because the cost of school meals is so high.

Excellent long form discussion.

nhs is prime example - spending on prevention to reduce obesity & reduce cancer risks will take decades to produce results, costing a fraction of the cost of surgery

From a purely rational perspective - it seems that investing into secondary and FE education and reducing the number of universities and places would be a good start. Local secondaries and FE can provide local mini-universities where you can do all sorts of qualifications already and most people study at least until they are 16 and many to 18. Universities just want to keep charging more and more whilst sidelining students and focusing exclusively on their publication record and research grant awards. For universities it’s about a guaranteed income, spending on buildings, prestige, and not facing any consequences for mismanagement. But secondaries and FE colleges do an amazing job for more people and focus entirely on teaching.

She's right about training, the UK used to have a world class apprenticeship system, which was dismantled by the Tories. Put skills in the hands of our children THEY WILL DO THE REST

Education is going to suffer when there is instability in the home. The government should encourage two parent homes and provide support to families so that e.g. you don't need to have two parents working. Then build up from there. What this minister is describing is just tinkering at the edges that is not going to work.

Education can be fixed if the government appoints a competent minister. She is not competent but fits perfectly into Starmer's cabal of clowns

Mistake #1 - cutting pensioners vs taxing millionaires/billionaires. Mistake #2 - prioritizing income taxes over wealth taxes. Mistake #3 - continuing the full-on Brexit madness.

No problem with means testing but set the means at a reasonable level .. maybe real living wage ..

Preston ignored the point that 'Kickstarting'' the economy won't happen if there are massive tax rises. It will hamper investment & many of iur entrepreneurs will leave the country to make money elsewhere. In addition, our economy is not in as bad a shape of many of our European rivals in terms of economic growth so I'm surprised Peston reiterates the inaccurate labour misinformation. . Did I also hear Peston say £8b of the £22b came from increased in public sector pay settlement? Ie exactly what Labour is doing now & has berratted TBF Tories for not doing

Grifting profits are largely protected, so the Chancellor will say the Economy is moving in the right direction.

Far too many in the UK can afford to be free-riders and there is no stigma or taboo to claim money and benefits. It has been normalised by the last couple of generations that having nothing, do nothing and not contribute to society is both fair and an acceptable practice. It is a lifestyle choice to live off the state and others. Changing tax rules and upping tax rates is a short term bandage. There is a desperate need to change social attitudes. This doesn't happen in Hong Kong where everyone tries.

They are a complete shower and proof that the political class are so unbelievably out of touch.

If middle class is about owning your own home we have set our levels far too low in this country.

If large foreign companies who make billions out of UK citizens paid a fair amount of tax then all our problems might be solved.

All these ‘fantastic’ ideas just make going abroad more appealing especially for investors. Who on God’s earth would want to invest in the property sector with that nonesense land and council tax suggested when they can go invest anywhere else with it being far lower? Or better yet just invest in a lower tax asset class that’s far more liquid.

Problems I have with Council Tax replacement: Firstly, I always thought it was for local services such as Police, street cleaning, street lighting etc. One ‘average’ person cannot use any more than any other person. And generally the bigger the house the more you pay anyway -> We are already taxed proportionally with income tax. I do agree that Land Valuation Tax is a good way to to go but the problem is we have been using Council Tax for a very long time and people are used to it and the level of payments required. LVT is simply unaffordable for some people - making them have to move or remortgage for something you have saved for all of your life for is just not fair. What he didn’t mention regarding why certain London properties have very low council tax is that the government subsidises them by giving the particular council much more money - this should practice should be stopped. By all means bring in LVT but it must be done slowly over 10 years to give people time to adjust. Completely abolishing stamp duty is maybe a step too far but I agree that it is far too high - perhaps make it 1% across the board as it used to be and only kicking in with properties above £500k. Anyone that has evaded Tax by cheating or putting their money in an offshore funds that isnt taxed should be either heavily fined or imprisoned.

Robert peston talking to a senior politician who he trusts😂😂 were they both out riding on their unicorns at the time

Starmer the granny harmer.

It’s simple, retirees have more disposable income than working families - THEY DONT NEED THE MONEY! If you are a poor pensioner then you’re on pension credit so you’re unaffected. The most entitled generation in history. Long overdue!

Labour are living up to my every fearful expectation, they lose sight of the fact that 60% of us did NOT vote for them.

Maybe the Treasury is being responsible and you’re just complaining because they’re in the real world and don’t want to bankrupt England? Of course, the country that voted for Brexit doesn’t understand reality.

Dan, simply brilliant. Get him on again. So sharp and informed with an opinion too. 👍🏻

odious man

Im in business. Always amazes me the UK, thinks in 1/4s to please share holders. No long term thinking in companies on the FTSE, in the state (doesnt matter whos in power, as the civil servants are in charge/ asleep at the wheel) it seems like its on a fortnightly reactionary ‘what will the press or twitter think’ . Everything is ill advised and reactionary death spiral. No wonder the country is in the state that it is.

The governor of the Bank of England indeed stop taking us all for fools.

Dan looked furious when the presenter ignored the fact that tax bands are literally not understandable by large numbers of humans and education will do nothing to fix it

A clear attack on the elderly and vulnerable. Bus passes will go

It was planned pre election

The winter fuel allowance was clever becuase the payment arrived just when pensioners had to find the extra money for heating. Plus many older home has (and still have) oil and solid fuel/logs which have to be paid for up front. A third point is that at least 80% of pensioners will be on the old state pensioner which will rise by a lower rate next April. And many dont have full years either

Most pensioners don’t need the winter fuel payment so I think this move is fair.

Fake story created by Labour to give it an alibi for stupidity. What else are they gonna blame on Treasury, Tory, white taxpayer.

Stammer & Reeves will have to go .I was a Lifelong Labour supporter this attack on low income pensioners is unforgivable.

Have frozen tax bands been discussed? In November 2022, Mrs Reeves called them stealth taxes. Has she changed her mind or her principles?

How about labour introducing a tax on UK citizens irrespective of their country of residence. Similar to the US

Income tax is the only equitable tax