| The budget 2017 17:14 - Nov 22 with 3531 views | MrSwerve |
Any opinions? |  |
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| The budget 2017 on 20:34 - Nov 22 with 966 views | exiledclaseboy |
A nothing budget produced by a paralysed chancellor for a paralysed prime minister who leads a government whose days are numbered. I haven’t paid any attention to it for the first time in years because it’s just words. Very little of what was announced today will come to fruition apart from the annual taxation tweaks. Pointless. |  |
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| The budget 2017 on 21:42 - Nov 22 with 928 views | sherpajacob |
| The budget 2017 on 20:20 - Nov 22 by Lohengrin |
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Those are average prices, first time buyer averages are considerably lower.
"The average first-time buyer requires a deposit of about £26,000, lenders say.
Figures from the Council of Mortgage Lenders (CML) show that the average first-time buyer with a mortgage in the UK is 30 years old and borrows an average of £132,100." |  |
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| The budget 2017 on 21:47 - Nov 22 with 925 views | Lohengrin |
| The budget 2017 on 21:42 - Nov 22 by sherpajacob |
Those are average prices, first time buyer averages are considerably lower.
"The average first-time buyer requires a deposit of about £26,000, lenders say.
Figures from the Council of Mortgage Lenders (CML) show that the average first-time buyer with a mortgage in the UK is 30 years old and borrows an average of £132,100." |
I appreciate that, Sherp, I just pasted that up to demonstrate just how hair-raising housing prices are on average.
Incidentally my first house, a three-bed semi, cost two thousand pounds less in total than the average deposit is now!  |  |
| An idea isn't responsible for those who believe in it. |
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| The budget 2017 on 23:12 - Nov 22 with 906 views | pikeypaul |
8 members of the public on newsnight just now giving their views on the budget.
When asked if they were happy for income tax to go up to pay for services they all put their hands up.
I wonder if that is their true opinion or was it just for the camera. |  |
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| The budget 2017 on 08:09 - Nov 23 with 873 views | sherpajacob |
The tax-free personal allowance will rise by £350 to £11,850 from April, while the threshold for paying the 40 per cent rate will increase from £45,000 to £46,350.
In other words those on poverty wages get £70 per year in increased tax thresholds (zero in real terms)
Higher earners get nearly £500 pa. | |
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| The budget 2017 on 08:22 - Nov 23 with 865 views | yescomeon |
I'm totally over the house price thing and have just excepted that if things stay I'm just never going to be able to afford a house, and thats fine. |  |
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| The budget 2017 on 09:20 - Nov 23 with 847 views | pikeypaul |
| The budget 2017 on 08:09 - Nov 23 by sherpajacob |
The tax-free personal allowance will rise by £350 to £11,850 from April, while the threshold for paying the 40 per cent rate will increase from £45,000 to £46,350.
In other words those on poverty wages get £70 per year in increased tax thresholds (zero in real terms)
Higher earners get nearly £500 pa. |
Wrong, since the higher earner will pay tax at the lower level on the £1350.
The lower earner pays nothing on their allowance increase.
So the tax man still receivee off the higher earners increase but gets nothing from the lower earner.
Thank god your not an accountant [Post edited 23 Nov 2017 9:29]
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| The budget 2017 on 10:43 - Nov 23 with 816 views | Jack_Meoff |
| The budget 2017 on 21:47 - Nov 22 by Lohengrin |
I appreciate that, Sherp, I just pasted that up to demonstrate just how hair-raising housing prices are on average.
Incidentally my first house, a three-bed semi, cost two thousand pounds less in total than the average deposit is now! |
What chance do our young have? £50000 of interest bearing debt (6%??!) on a university education, and how in the hell could they afford a house? In their own country?
This is, I guess, what happens when you get governed by profiteering opportunists, who seeing every single thing as a commodity to make money from.
Housing a right? Not while there's a profit to be made.
Education a right? Same.
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear."
Marcus Tullius Cicero - (106-43 BC) Roman Statesman, Philosopher and Orator |  |
| If you want a vision of the future, imagine a boot stamping on a human face--forever. |
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| The budget 2017 on 14:46 - Nov 23 with 769 views | ploppy |
| The budget 2017 on 10:43 - Nov 23 by Jack_Meoff |
What chance do our young have? £50000 of interest bearing debt (6%??!) on a university education, and how in the hell could they afford a house? In their own country?
This is, I guess, what happens when you get governed by profiteering opportunists, who seeing every single thing as a commodity to make money from.
Housing a right? Not while there's a profit to be made.
Education a right? Same.
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear."
Marcus Tullius Cicero - (106-43 BC) Roman Statesman, Philosopher and Orator |
It would be worth you reading Martin Lewis' article here
https://www.moneysavingexpert.com/students/student-loans-tuition-fees-changes
specifically section 18, where it talks about referring to it as 'debt'. |  | | |
| The budget 2017 on 15:12 - Nov 23 with 760 views | oh_tommy_tommy |
As the dust settles ok one of the worst budgets on record
This guy nails it
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| The budget 2017 on 15:46 - Nov 23 with 755 views | PozuelosSideys |
Any budget is generally going to be tinkering at the edges.
There are simply too many people and this will continue to go up. |  |
| "Michu, Britton and Williams could have won 3-0 on their own. They wouldn't have required a keeper." | | Poll: | Hattricks |
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| The budget 2017 on 16:41 - Nov 23 with 743 views | union_jack |
Extra £2.1bn for Cardiff, err I mean Wales. What's not to like? |  |
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| The budget 2017 on 16:42 - Nov 23 with 743 views | Jack_Meoff |
However dressed up, it’ll be sold into private hands soon enough anyway. The government have already sold the student loan book up until 2012. It’s just another way of funnelling public money into private hands with the addition of usurious interest. Like I said, profiteering. [Post edited 23 Nov 2017 16:47]
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| If you want a vision of the future, imagine a boot stamping on a human face--forever. |
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| The budget 2017 on 18:02 - Nov 23 with 721 views | pikeypaul |
Ploppy,it’s pointless educating the lefties they love to think people are struggling despite record levels of employment and the gap between rich and poor becoming closer all the time.The people who struggle are the lazy and stupid who expect others to pay for their way in life.You will see them tomorrow getting in more debt buying shite they don’t need just because it’s Black Friday.
Regarding the students if you went down Wind Street last night you would have seen a couple of thousand of which 99% are white students on the lash with very few Asian looking p!ssheads,but walk around the campus this morning and a huge proportion are Asians hurrying between lecturers,it tells us everything.
The majority of British students will never pay back their loans since most drop out of the pointless course they take simply because they do not want to work in the real world and a couple of years at uni taking a degree in PlayStation games is an easy option. | |
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| The budget 2017 on 18:33 - Nov 23 with 706 views | ploppy |
| The budget 2017 on 16:42 - Nov 23 by Jack_Meoff |
However dressed up, it’ll be sold into private hands soon enough anyway. The government have already sold the student loan book up until 2012. It’s just another way of funnelling public money into private hands with the addition of usurious interest. Like I said, profiteering. [Post edited 23 Nov 2017 16:47]
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It's not a case of "dressing it up". It's not 'debt' as we know it.
And anyway - anyone on a decent graduate salary should have spare money at the end of the month even after paying the monthly student 'debt' repayment. That spare money could be saved towards a house deposit - or spent on the lash. If graduates aren't earning a decent 'graduate' salary, then you'd have to wonder whether their degree was worth it in the first place.
Here's ML's example:
A graduate earning £22000 this tax year will pay £90 student loan repayment. That's £7.50 a month out of £1520 monthly take home pay. How much of that £1500 could someone hope to save per month.
And in April 2018, things will get even better because of the increase in personal allowance and the fact that graduates won't start repaying until they earn £25000. | | | |
| The budget 2017 on 18:54 - Nov 23 with 689 views | pikeypaul |
£7.50 a month.
Or 25p a day,yet ihey still complain.
They have never had it so good. | |
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| The budget 2017 on 19:33 - Nov 23 with 679 views | Jack_Meoff |
| The budget 2017 on 18:33 - Nov 23 by ploppy |
It's not a case of "dressing it up". It's not 'debt' as we know it.
And anyway - anyone on a decent graduate salary should have spare money at the end of the month even after paying the monthly student 'debt' repayment. That spare money could be saved towards a house deposit - or spent on the lash. If graduates aren't earning a decent 'graduate' salary, then you'd have to wonder whether their degree was worth it in the first place.
Here's ML's example:
A graduate earning £22000 this tax year will pay £90 student loan repayment. That's £7.50 a month out of £1520 monthly take home pay. How much of that £1500 could someone hope to save per month.
And in April 2018, things will get even better because of the increase in personal allowance and the fact that graduates won't start repaying until they earn £25000. |
The Oxford Dictionary definition of debt is ‘a sum of money that is owed or due.’ So it’s still owed, whether it’s being paid or not. Ergo, a debt.Whatever old Marty says. Different terms to a ‘normal’ debt' maybe. But, nonetheless...
But we’re arguing semantics here. Not too fussed on terminology.
My main point was that the government are charging students with the aim of selling on the loan book in the near future for a song so private hands can benefit. How can anyone justify 6% interest when the base rate was at a historic low of 0.25% for years until very recently? Honestly all ears.
The example you gave was of the lowest amount earned. Someone (for example) earning £40k will pay £122k back on an initial loan of £42k. All of that interest Into private hands that will buy the book for a fraction of its worth. Just reeks of scam mate. | |
| If you want a vision of the future, imagine a boot stamping on a human face--forever. |
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| The budget 2017 on 19:39 - Nov 23 with 673 views | LeonWasGod |
| The budget 2017 on 23:12 - Nov 22 by pikeypaul |
8 members of the public on newsnight just now giving their views on the budget.
When asked if they were happy for income tax to go up to pay for services they all put their hands up.
I wonder if that is their true opinion or was it just for the camera. |
Whether they're happy or not is almost irrelevant. Tax seems to have gone up anyway (mine certainly has substantially over the last couple of years). Just waiting for that improvement in services now... |  | | |
| The budget 2017 on 19:48 - Nov 23 with 660 views | PozuelosSideys |
| The budget 2017 on 18:33 - Nov 23 by ploppy |
It's not a case of "dressing it up". It's not 'debt' as we know it.
And anyway - anyone on a decent graduate salary should have spare money at the end of the month even after paying the monthly student 'debt' repayment. That spare money could be saved towards a house deposit - or spent on the lash. If graduates aren't earning a decent 'graduate' salary, then you'd have to wonder whether their degree was worth it in the first place.
Here's ML's example:
A graduate earning £22000 this tax year will pay £90 student loan repayment. That's £7.50 a month out of £1520 monthly take home pay. How much of that £1500 could someone hope to save per month.
And in April 2018, things will get even better because of the increase in personal allowance and the fact that graduates won't start repaying until they earn £25000. |
Are you sure with that example? £90 a month repayment, surely? | |
| "Michu, Britton and Williams could have won 3-0 on their own. They wouldn't have required a keeper." | | Poll: | Hattricks |
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| The budget 2017 on 19:56 - Nov 23 with 652 views | trampie |
I've heard it said getting rid of the Conservative and Unionist party and NuLabour would be a step in the right direction, there again I've also heard it said by some that we need a good revolution in this country. |  |
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| The budget 2017 on 20:10 - Nov 23 with 645 views | Yossarian |
1. The authoritative thinking on the'no stamp duty for first time buyers' is that it will only succeed in driving prices up in high demand areas and have very little benefit in areas like our own. In fact, when Miliband (Minor) suggested such a thing he was subjected to the derision of the Tories for proposing a gimmick.
2. The nurses have effectively had to surrender their conditions of service if they get pay rises - similarly to police and prison officers have had to do.
The rest is just bollocks. |  |
| "Yossarian- the very sight of the name made him shudder.There were so many esses in it. It just had to be subversive" (Catch 22) |
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| The budget 2017 on 20:37 - Nov 23 with 627 views | burty |
Well... lets all get together and support Corbyn and get the dirty scumbags out of power. | | | |
| The budget 2017 on 20:41 - Nov 23 with 619 views | trampie |
| The budget 2017 on 20:37 - Nov 23 by burty |
Well... lets all get together and support Corbyn and get the dirty scumbags out of power. |
He has been in a right wing party for the last 30 years, if he was on the left he would not have been in Labour over the last few decades. | |
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