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Leeds locals reflect on the Autumn Budget 2024
National World - LocalTV
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30/10/2024
What are your reflections on the Autumn Budget? How will it impact you?
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News
Transcript
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00:00
If you need to sort out the problems like the health service, like the lack of affordable housing, education, you need to spend money.
00:07
If you need money, you need to increase taxes.
00:10
And since the government is prioritising growth, the way to get growth is to stimulate demand in the economy.
00:18
Not taxing people on lower incomes is a good thing.
00:21
With the £4 billion increase on employers paying more tax, obviously that is more harsh on them,
00:26
as that means we don't have to give harsher wages to other people, so it's just a knock on effect.
00:33
It's good that the national minimum wage will be going up in April because obviously things cost too much for people
00:43
and it's harder for people to afford everything on a daily basis.
00:49
Maybe a bit more support on the basic things that we need, like food, electricity, basically the bills.
00:55
Then maybe we can really, really feel the impact of all the things they're doing.
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