Budget

Well, he did ask for help.

Actually, I got him on a budget about a little over a month ago, and he was doing deliveries and starting to make headway, although he wouldn't always work, maybe because he got into depression that day or something relationally happened that threw him off kilter.

We were making progress, but then just recently when he wrecked his car, then that kind of sunk him.

And there was no insurance?

So, for example, the reforms that were made at the last...

Budget to motability, we're reforming universal credit.

This is huge, and this is really, for me, it's a moral issue, the fact that there are so many young people in this country who are going straight on to benefits, those young people who are not in employment, education or training.

This is a really, really significant moral issue.

Now, the government, one thing that they seemed absolutely committed to was to build 1.5 million new houses... over the Parliament.

There is literally zero probability of that happening.

That's partly because, in my view, the planning reforms haven't gone far enough, but it's partly because of something that's rather interesting in, let me come back to the budget, the Office of Budget Responsibility report on that, which says, because both this government and the last has layered regulation upon regulation and cost upon cost, on building houses, it has actually really significantly reduced the number of houses that are being built as a result of that.

Now, these are things over which central government has absolute direct control and have thus far decided not to make the changes that would result in more houses being built.

And that was at the Dispatch Box.

Forget being in the two-chairman pub back in Westminster, you know, six hours after the Budget.

This was during the Budget speech.

So, yes, look...

There's plenty of criticism you can level at the, maybe we'll come on to talk about that, about the growth path, incomes, some of the relief on fuel costs.

Heathrow Airport updates its expansion plans and noisiest sections of the M25 to be resurfaced.

Surrey is on the verge of getting its own elected mayor, like those in Greater Manchester and the West Midlands, according to plans announced in the Budget.

Chancellor John Healey unveiled fresh devolution measures in the Budget, which set out the government's finances and financial policies for the coming year.

As part of this, the government is in final stages of establishing several new mayoral combined authorities across the country, of which one would be Surrey.

Mayoral combined authorities such as Greater Manchester, the Tees Valley and the West of England see several unitary councils pull resources onto key strategic issues overseen by a directly elected mayor.

or she sits down and then you get the actual document, the budget book, the red book that comes out and you have to kind of skip through right to the back to the scorecard.

If you know, you know, and that's got all the measures.

And then since George Osborne became chancellor, you have this body called the Office for Budget Responsibility.

And they release their documents later and do a press conference.

And actually, the OBR will often be the ones that got the most explosive stuff, the stuff about whether you be rich or poorer.

To give you one example.

Right.

Budgets, especially the first budget for a new government, are huge events that you get set out your store, you show where your priorities really are.

Thanks to Zoho for empowering businesses and finance leaders across the globe.

Hello and welcome to a Budget Special podcast looking at the announcements made in Chancellor John Healey's inaugural outing to the Dispatch Box.

I'm joined today by Prashant Ganti, Vice President of Global Product Strategy, Development and Alliances, Enterprise Finance Suite at Zoho.

Hello Prashant, how are you? I'm doing great, Matt.

So this is...

Mid-budget, which you don't see very much anymore.

No, yeah.

It's the third entry in James Gunn's DCEU.

Story one.

Budget changes could affect your pay and student loan repayments.

If you're working part-time, in your first graduate job, or just about to enter the workplace, next April could mean a bigger pay packet.

The government has announced that the minimum wage for 18 to 20 year olds will rise to £11.27 an hour, while anyone aged over 20 will earn at least £13.21 an hour.

Yeah.

I think just end of the month, we are talking from a just content front, which we always like to discuss and kind of wrap up the show, but holiday season, like I mentioned is around the corner and, Budgeting is a big topic for lots of clients, lots of people around this time of year.

We know the holidays can get a little busy and also expensive.

So I think if you don't have a budget and you're feeling a little unsure of kind of like what's coming in, what's going out, I think just a simple, we always say simple Excel budget can really go a long way for you and talking about different strategies as it relates to budgeting can It doesn't need to be anything super complicated or too detailed or anything like that, but just something to kind of help you understand what is going in, what's going out so that you can earmark, bucket those different goals and kind of benchmark towards your different end of the year goals.