Good Question photograph

Good Question

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OriginPhiladelphia
Pennsylvania
United States
Members Van Duren
Marc Douglas
AlbumsSafety Shackles
Thin Disguise
Waiting for the Day
New Retro
Good Question
GenresR&B/Soul
Pop
Record labels Paisley Park Records
Crazy Lady Records
Date of Reg.
Date of Upd.
ID1527457
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About Good Question


Good Question was an R&B and dance music vocal duo from Philadelphia, Pennsylvania, that was composed of brothers Sean and Marc Douglas. Their only chart hit came in 1988, when they hit number one on the Hot Dance Music/Club Play chart with "Got a New Love".

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... The National Living Wage is rising, but how much will that be offset by the increase in National Insurance and changes to Universal Credit rules? (Peter Ovenstone, Peterhead)That is a Good Question, but a tricky one to answer because people in different circumstances will be affected differently...

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Will mortgages become more expensive? and other Budget questions

Feb 16,2020 7:30 am

People are scrutinising The Details of Chancellor Rishi Sunak 's Budget, to see what it means for them.

Our Personal Finance correspondent Kevin Peachey answers some of your questions:

Will the Budget cause mortgage rates to rise? (John Burnie)

Mortgage rates have been very low by historical standards in recent times - and that is partly why there has been such high demand for homes during the pandemic.

(as measured by Inflation - the rate at which prices go up) is forecast to rise by 4% next year. Normally, you would expect Inflation to be controlled by - which often lead to higher mortgage rates.

But at The Moment , prices are going up for very specific Reasons - such as. And ultimately, it is up to The Bank of England - not the Chancellor - to decide whether interest rates need to go up.

The government's independent forecaster, The Office for Budget Responsibility, says if Inflation rises by More Than 5%, which is possible, then a higher Bank rate and more expensive mortgages are much more likely.

How can the Chancellor get away with reducing tax on short haul flights just before the UK hosts COP26? (Marilyn Taylor)

Mr Sunak has already faced a lot of questions and criticism about the timing of his decision - and should expect more.

He argues that lowering air passenger duty on flights between airports in The Four UK nations is balanced by increasing the rate of tax from April 2023 on very long-haul flights (over 5,500 miles).

He also says domestic flights only account for 4% of total aviation emissions. In The End , it looks like it was a Balancing Act for the Chancellor between the government's levelling-up agenda and climate considerations.

Was anything mentioned for pensioners and how they are going to manage this winter? (Sandie Parkin)

This was a tough Budget for pensioners, owing to The Absence of specific policies for them.

We already knew that The State pension will go up by 3. 1% next April. It would have been much higher had the government not decided to.

But with prices predicted to rise at a rate of 4% a year, that becomes a real-terms cut in income. Also, the Chancellor chose not to extend current support for low-income pensioners with their energy bills.

Why are some of the Chancellor 's changes dated from 2023? A lot can change by then. (Paul Amphlett, Sandhurst)

Indeed it can, but long-term policy announcements in a Budget are Nothing New . for example, is quite complex and will need to go through a consultation and scrutiny process before its planned introduction in 2023.

The National Living Wage is rising, but how much will that be offset by the increase in National Insurance and changes to Universal Credit rules? (Peter Ovenstone, Peterhead)

That is a Good Question , but a tricky one to answer because people in different circumstances will be affected differently.

It is the case that is lessened by, and - crucially -

Economists at The Institute for Fiscal Studies say the policies taking effect will ultimately be progressive. In other words, good for low earners. For those without a job though, the outlook is much more precarious.



Source of news: bbc.com

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