The first Tory budget since 1996 was a mixed bag. If you’re on less than £11,000 a year you’re probably worse off; if you’re on more than that you’re probably a bit better off, and unlike the last five years’ worth of budgets, that includes people on big pay packets of £40k and more.
Given what kind of people research says are bi, it’s not so good for a lot of us.
There are changes to housing benefits that will make life harder for many young bi people who may not have welcoming parental homes to stay in. Bi people are likely to earn less than the average for the population as a whole – so less likely to benefit from the changes in tax rates. But on that same basis the projected increase in the minimum wage for over-25s, which was on course to be a little over £8 an hour by 2020 and now has a target figure of £9 an hour for that date, may reach more bi people.
The mental and physical health statistics for the bi community are especially poor, so we are more likely to be affected by reductions in disability support rates. The proposed £8bn extra for the NHS over the parliament might do a little to counterbalance that, depending on spending priority choices.
The general trend in public spending reduction doesn’t directly affect many bi organisations though: as they were almost without exception never in receipt of funding in the first place, there’s nothing to trim.