Labour's budget could be a disaster for the UK and what you can do now

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 80

  • @mbnesbitt
    @mbnesbitt 2 місяці тому +18

    Don't simply retire from something; have something to retire to.

    • @hamzahamza-bz3rf
      @hamzahamza-bz3rf 2 місяці тому +2

      It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days

    • @BigNate82
      @BigNate82 2 місяці тому +1

      Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

    • @icucmerc
      @icucmerc 2 місяці тому

      Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

    • @MA-KEJointVenture
      @MA-KEJointVenture 2 місяці тому

      Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

    • @bombasticlove76
      @bombasticlove76 2 місяці тому

      Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

  • @3DJay429
    @3DJay429 2 місяці тому +35

    Its a disgrace - The only light at the end of the tunnel is Reform UK

    • @cal401
      @cal401 2 місяці тому +1

      🩵🇬🇧

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +3

      It’s the only way I can see the UK becoming attractive again

    • @greattobeadub
      @greattobeadub 2 місяці тому

      Bunch of grifters, and tax dodgers.

    • @johnbuffaloiam9741
      @johnbuffaloiam9741 2 місяці тому

      My allotment friend said David Lammy is good and will sort out russia

    • @cal401
      @cal401 2 місяці тому

      @@johnbuffaloiam9741 David Lammy is a joke

  • @cryptobones1403
    @cryptobones1403 2 місяці тому +11

    Retirement planning is impossible in this country.
    Sickening

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому

      There are rumours the pension limits are back up for grabs too!

  • @davideyres955
    @davideyres955 2 місяці тому +2

    They won’t increase tax directly because they get the blame. If they hike employers NI then the employers get the blame. It’s the same with energy prices and the windfall tax. Energy companies were aloud to charge more because of the windfall tax. Government looks good because they are punishing the greedy energy companies but the energy companies are the bad guys brace they are making excessive profits. However they could reduce the price cap and then we pay less for energy and business pay less and prices could go down reducing inflation pressure.

  • @extraspicywasabi
    @extraspicywasabi 2 місяці тому +2

    30th October is going to be shocking!! I think Starmer is gone by Christmas, and hopefully we get a Snap General Election in the early New Year

  • @davideyres955
    @davideyres955 2 місяці тому +2

    Capital gains tax being so low is not fair to people who work and get paye. However if you increase capital gains tax then you have to take into account inflation. Otherwise you could actually make a loss because of the tax and the devaluation of money.

    • @jeffjonesAutobalercouk
      @jeffjonesAutobalercouk 2 місяці тому

      over the last liebour Gov the pounds buying power fell 77% over that 13 years, and during the last tory Gov it fell 55% over their 14years in power.
      Capital Gains is BS as it doesnt take into account the deflation in the value of the fiat money scam over the time of the gain...which isnt the size of real gain you thought it was and pay CGT tax on

    • @robertprice2911
      @robertprice2911 2 місяці тому

      You’re right, if cgt rates rise but don’t have indexation relief then it’s a joke

  • @sparkyUK
    @sparkyUK 2 місяці тому +13

    I've already started exiting the UK.

  • @si8568
    @si8568 2 місяці тому +4

    We had a massive clothing trade in the uk where we exported all over the world.. labour let China take over in the late 90s ruined the rag trade.

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +1

      The UK has lost many of its competitive advantages, even financial services since brexit

  • @RoTelnCheese
    @RoTelnCheese 2 місяці тому +1

    What economic benefits will Reform bring? Sensible answers only please

    • @Edd5hott79
      @Edd5hott79 2 місяці тому

      Parties that have actually been in business making decisions that 'might' actually increase output. This in turn could increase the national purse, allowing for infrastructure spend whilst allowing for the reduction in taxes. This is an initial thought...

    • @samhodgins9804
      @samhodgins9804 2 місяці тому +1

      Increasing tax thresholds from £12,475 to £20k straight away giving people more spending power which will be redistributed into the local and wider economy. Labour want to keep these rates until 2029 and raise taxes uncontrollably at the same time this is one of the many reasons Labour will send the UK into economic depression

    • @RoTelnCheese
      @RoTelnCheese 2 місяці тому

      @@samhodgins9804 that’s excellent, I like that increase in threshold. How will they make up for the £7525 shortfall when it comes to public spending? Where will we see the cuts?

    • @samhodgins9804
      @samhodgins9804 2 місяці тому

      @@RoTelnCheese public spending is not the be all and end all and it will be excessive waste on woke vanity projects. Nothing will improve no matter how much tax Labour see the public as cash cows and when they have no spending power the economy goes bust so how do you intend to fund your beloved public spending if money isn't coming in?

    • @RoTelnCheese
      @RoTelnCheese 2 місяці тому

      @@samhodgins9804 the economy has been going bust for years now, mostly since 2008 when the bankers created the sub prime lending. Public debt has increased massively despite the austerity since then. Who is going to create the wealth and jobs and in which sectors?

  • @thomasucc
    @thomasucc 2 місяці тому

    Bank of England needs cash for quantitative easing, 67 billion this year

  • @stephenhetterley1699
    @stephenhetterley1699 2 місяці тому +2

    Would leave if I could but need to work for a living , so I am stuck here

  • @MickyOTW
    @MickyOTW 2 місяці тому +3

    If so, buy metals as the uk will decline faster (nfa)

  • @clare4682
    @clare4682 2 місяці тому

    I read it's a 'prelude to austerity' and I'd have to agree 💩

  • @loukaslemos1387
    @loukaslemos1387 2 місяці тому +1

    Great video! I am going to launch my business early next year and for this very reason have been looking at alternatives to incorporating in the uk. What are your thoughts on this?

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +4

      Dubai, Jersey, IoM or Cyprus

    • @loukaslemos1387
      @loukaslemos1387 2 місяці тому

      @@JoshuaTharby Cheers Joshua. A lot to think about.

    • @TheTotalPackage-qo5gx
      @TheTotalPackage-qo5gx 2 місяці тому

      ⁠@@JoshuaTharby Great content Joshua. I’m looking at moving to the Isle of Man to live. I’m currently living in the north of England which is still okay but I don’t like the way it’s heading. I have been to Jersey recently but the property prices are a bit expensive so it’s looking like the IOM is going to be the place for me.

  • @suku420
    @suku420 2 місяці тому +2

    Reform Reform Reform!

  • @wineweasel
    @wineweasel 2 місяці тому

    Let it crash like with lizz truss and buy as much as you can in the dip

  • @peanutbutterjellytime7870
    @peanutbutterjellytime7870 2 місяці тому

    i had to watch your video twice due to the disbelief - shocking

  • @wontbelongnow5567
    @wontbelongnow5567 2 місяці тому

    Best thing pay no tax and catch me if you can . Just move abroad.

  • @thomasucc
    @thomasucc 2 місяці тому

    Hey , just increase tax of the poor and middle class to support the rich

  • @billykotsos4642
    @billykotsos4642 2 місяці тому

    As if the last 10 budgets have been a saving grace

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +1

      All as bad as each other, the past Tory government have been as bad as Labour now.

    • @billykotsos4642
      @billykotsos4642 2 місяці тому +2

      @@JoshuaTharby as bad as Labour? I would disagree and say the past Tory govt was prob the worst one in decades

  • @AEgonCholakian
    @AEgonCholakian 2 місяці тому +1

    Good luck taxing the bitcoin that Im never selling.

    • @davideyres955
      @davideyres955 2 місяці тому +2

      That’s why they are starting to talk about taxing unrealised capital gains which is just theft.

    • @AEgonCholakian
      @AEgonCholakian 2 місяці тому

      @@davideyres955 good one but the keys to my btc are not even in my possession. The boat accident already happened.

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +2

      Come to Dubai and sell it tax free!

    • @graemejones9707
      @graemejones9707 2 місяці тому

      Good luck trying to sell it when the shit hits the fan and it's worthless overnight!

    • @Luke-pm1rb
      @Luke-pm1rb 2 місяці тому

      You were probably saying the same thing when bitcoin was at $800, dummy​@@graemejones9707

  • @Kris-fk2lb
    @Kris-fk2lb 2 місяці тому

    No doubt the last 14 years of Tory rule was wonderful according to you.

    • @JoshuaTharby
      @JoshuaTharby  2 місяці тому +3

      Nope it was bad and now even worse. The UK as a whole has declined massively over the last 20 years.

    • @graemejones9707
      @graemejones9707 2 місяці тому +2

      They weren't tories, they were socialists. Now we have socialists on steroids

    • @Luke-pm1rb
      @Luke-pm1rb 2 місяці тому

      It's basically a uni-party...they are both going in the same direction...high taxes, green bollocks, low IQ migration and turning yr kids trans, awesome 😎

    • @Kris-fk2lb
      @Kris-fk2lb Місяць тому

      @JoshuaTharby I'm sad to say it but I concur.

    • @Kris-fk2lb
      @Kris-fk2lb Місяць тому

      @@graemejones9707 if the last Tory Lot were socialist I'd worry about your version of Tory.