Bristolians Discuss: How is Labour’s recent budget going to impact you?

National World - LocalTV

The Chancellor of the exchequer Rachel Reeves presented the autumn 2024 budget and published the supporting documents on the government website, which was labours first budget in almost 14 years. For locals in Bristol, many have taken to X to discuss their opinions on the subject which have been varied amongst topics.

Transcript

00:00What do Bristolians think of the Labour government's autumn 2024 budget?

00:05We've got through a difficult period in our history since about 2020.

00:10A lot of people scammed it and got away with financial murder, really.

00:15And we're all paying for it, really.

00:18I'm very lucky, I've got my pension.

00:21I would say their trustworthiness was still pretty good on the whole.

00:26But the American election is going to change things.

00:31Because if Trump imposes tariffs, that could affect British economy.

00:37It could mean that both borrowing and tax increases

00:43might be necessary further down the line.

00:46So that doesn't impinge on their trustworthiness,

00:50but it impinges on their ability to keep to what they've promised.

00:55Rachel Reeves delivered the autumn 2024 budget,

00:59making her the first woman to deliver a UK budget.

01:02Let's find out what locals in the city of Bristol think.

01:06I'm wearing the city well off, fortunately.

01:10I never could really understand why I received the winter fuel allowance.

01:15So I don't mind that going.

01:20Other things, I think, on balance, it's probably the right things to do, mostly.

01:25I think that they are hitting old people like me, particularly.

01:30People that have... I mean, I started work on my 15th birthday

01:34and I've paid taxes and insurance ever since then.

01:37And I retired when I was... stopped paying tax when I was 80.

01:42So, you know, it's not fair, really,

01:46because heating is really bad.

01:49Costs of that are huge now.

01:51And I'm having to take money out of my savings,

01:54which I don't really want to do.

01:56I'd rather spend it on nice things, like holidays.

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