No chance, obvious troll is obvious.
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Soldato
Fake jobs are such a minor issue really, people like to go on about them, particularly the more right leaning as they are a nice cover for "efficiencies"
What people don't get that is with accountability it needs to be managed. Its a trade off and a tricky one to get right.
But the majority of added jobs or fluff are tiny in reality, and often end up transitioning away.
If you have ever done business process mapping you see how people often have no concept of what others are doing any why, when involved they often take on a completely different perspective.
In my mind energy in the UK would work far better as something along the lines of a franchise. With the key parts of national infrastructure state owned/managed. The front end side, customer facing can be then operated as a normal business, and if they can source partly themselves to boost efficiency then let them,
Some parts don't work, such as deep sea etc. They could, but all parties of all colours would need to stop thinking they know more as ministers and appointing mates into roles and thats the IMO biggest problem with state backing, its far too easy to end up with some utter numpty like Dorries running and brining massive political influence to something.
There won't be a one size fits all solution, but leaving the majority to capitalism is going to see pain unless we elect a government who genuinely want to work to reduce wealth inequality. For me these is no doubt, we are still a rich nation and successful, but we are watching wealth equality going backwards after many decades of improvement.
Wealth inequality as we are seeing makes the country underperform since much wealth is just locked up and not being used by those that could spend it, and would spend it.
Bigger problem for us is we have now spent 5 years fixated on Brexit, 2 years dealing with COVID and little time on anything else.
What people don't get that is with accountability it needs to be managed. Its a trade off and a tricky one to get right.
But the majority of added jobs or fluff are tiny in reality, and often end up transitioning away.
If you have ever done business process mapping you see how people often have no concept of what others are doing any why, when involved they often take on a completely different perspective.
In my mind energy in the UK would work far better as something along the lines of a franchise. With the key parts of national infrastructure state owned/managed. The front end side, customer facing can be then operated as a normal business, and if they can source partly themselves to boost efficiency then let them,
Some parts don't work, such as deep sea etc. They could, but all parties of all colours would need to stop thinking they know more as ministers and appointing mates into roles and thats the IMO biggest problem with state backing, its far too easy to end up with some utter numpty like Dorries running and brining massive political influence to something.
There won't be a one size fits all solution, but leaving the majority to capitalism is going to see pain unless we elect a government who genuinely want to work to reduce wealth inequality. For me these is no doubt, we are still a rich nation and successful, but we are watching wealth equality going backwards after many decades of improvement.
Wealth inequality as we are seeing makes the country underperform since much wealth is just locked up and not being used by those that could spend it, and would spend it.
Bigger problem for us is we have now spent 5 years fixated on Brexit, 2 years dealing with COVID and little time on anything else.
How much was he saying he had spare a month?
I think I have 1200 a month spare myself and my partner a 1/3 of that amount.
I guess if I spent nothing on anything else it would be 1.5k
But that would mean nothing else. No driving to beach etc etc
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£1200/month is the equivilent total takehome pay for someone earning NMW. You and your partner are in a lucky position too, but many are not.
Soldato
£1k "pocket money" every few weeks
The other issue is the 4 year election cycle encourages short-termism and results "now". Unfortunately no party is going to shoot themselves in the foot by announcing an increase in taxes or cutting expenditure somewhere to pay for energy infrastructure etc. which won't payoff for 10+ years when the opposition are potentially in power and can reap the rewards
Permabanned
People have been paying taxes and what have we got to show for it? Every year we’re poorer, services are in a worse state than before, yet the gap in wealth is bigger. People are fed up it like a casino where the house always wins.
We don't earn that much. (not much compared to many!) And know we are fortunate. Most of the amount comes from unusual (not rare) circumstances.
Joint income is 70k.
But no kids, only loan is mortgage. One old car. Both WFH. Good mortgage rate and fixed energy.
Rarely eat out (twice a month tops) and even then its like a pub or something.
No TV licence, only D+ subscription.
My hobbies are free apart from driving and parking costs.
Our costs are so low the mortgage advisor asked "how are your costs are so low?" Had to justify it
I think if we both drove, had a kid, price cap energy we'd be looking at half that.
Obviously if kid needed child care.. Probably be nearer 0 than 500.
I think the bit above paragraph is the scary part. Being passive (not even bad decisions) we could be 300 worse off a month (just on mortgage and energy) . With a few typical costs another 400 easily. Even an expensive phone contract or pcp car.
Add in a kid and that 'good wage' is suddenly not so good.
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£1k "pocket money" every few weeks
What does that even mean?
Like has 3k normally.. And then 1k just spaff away? Or is that 1k a month spare.. And that's all it is?
Seems like a trolly thing to say!
Soldato
Ha funnily enough our joint income is basically the same as yours, infact might even be a tad higher, few percent maybe.
But we have 2 kids 1, 4 years old we are still paying (nearly) full time childcare for (££££) and the older one is 15 and wants grown up things, and soon will be thing like driving lessons etc.
We have 2 cars, which to be fair, now we both work from home, we could probably manage on 1, but we live in a rural area so no public transport and nothing within walking distance. And because of where we live we are lucky, things like car insurance is cheap as chips, and I service the cars myself and they are not new cars, so pretty cheap apart from fuel obviously.
We dont go out to each much etc, which is even more expensive with 4. We've not been on a proper holiday for years.
But childcare, the 15 year old wanting "stuff" and using electricity, food for 4, added things like washing machine, dishwasher etc going on more. Petrol to drop kids at nursery, thankfully neither of us commute now.
We have a bit left over, but nowhere near as much as you, and I would consider us to be relatively frugal with our money. Mortgage is small (ish) but certainly still a significant monthly outgoing.
I am just getting a little worried as the state of the ecomony or what is starting to happen and the sector I work in (mortgages) but we'll see, its not quite like 2008 again, but I am starting to see "signs" of it, if I loose my job now thats not going to be fun as last time (2008) it took 4/5 years to get back to where I was, to be honest, given inflation, more like 10 years.
If you remember my mortgage questions (thanks for the help by the way with the credit card advice) I actually got so anxious about something going wrong and having to get a new deal I told the solicitors to do it a month early.
Yeah our spare cash is high. But it's because our costs are low. Mortgage is a big weight for me done. The thought of losing my deal in August and perhaps having to get a 4pc one, just that alone is 200 gone.
And yeah. I cannot believe the cost of child care. It certainly makes a good wage an average or below average wage!
I cant imagine the feeling when that stage is done. Like another salary coming in!
With way world is only small changes can impact by 100s.
Your household income is still over double the national average though. In fact, your joint income puts you into the top 6% of earners for the country.
Soldato
Problem solved the government have approved the development of another Nuclear plant for £20b.
So energy prices should be reasonable in 2032 at least. That's assuming its built in 10 years and on budget.
So energy prices should be reasonable in 2032 at least. That's assuming its built in 10 years and on budget.
Sizewell C nuclear plant gets go-ahead from government
The Sizewell C plant is expected to cost £20bn and could provide the UK with 7% of its electricity.
www.bbc.co.uk
Now that I'm surprised at.
That's crazy really. It does feel like we have an easy time now. (not been on these wages long, and was on low savings for a year with first home buy) but now feeling OK. I guess I know a lot of well paid people!
I cannot imagine how hard or scary it must be to be on an average wage now. Let alone a low wage.
People saying work harder is just cruel.
If utility prices don't come down soon.. Well. Don't want to think about it.
Good.Problem solved the government have approved the development of another Nuclear plant for £20b.
So energy prices should be reasonable in 2032 at least. That's assuming its built in 10 years and on budget.
Sizewell C nuclear plant gets go-ahead from government
The Sizewell C plant is expected to cost £20bn and could provide the UK with 7% of its electricity.www.bbc.co.uk
You can work out where you sit on the household income scale here:
Your household's income : Where do you fit in? | Institute for Fiscal Studies
When you think about your income, do you feel rich, poor, or just plain average? Find out where you lie in the UK income distribution.
I'd imagine a 70k joint income with little outgoings will put you pretty high up.
Permabanned
Me and my misses are on a lower wage judging by the figures being thrown around, we have no less disposable income by the looks of it.
We are renting and finding that we are being priced out of rentals at the moment on our current wage, couple of years ago rentals were a reasonable £900pcm for a 3 bed now they are in the region £1300 - £1400.
We have 2 kids one starting secondary school, we we're planning to save for a mortgage but its pretty much impossible with house prices being around £300k we would need around 100k deposit based on our income.
We have 2 kids one starting secondary school, we we're planning to save for a mortgage but its pretty much impossible with house prices being around £300k we would need around 100k deposit based on our income.
Depends if your £70k is gross or take home.
It's not that big of a surprise. There's roughly 28million homes in the UK and only 31% of homes in the UK have dual income.
There's 52million adults in the UK, with 12million of them retired and drawing down pensions - so roughly 25% of households are living on pensions.
So you're already ahead of a large percentage of the population before you even consider actual wages / income.
Soldato
If your on £50k or more a year, your in the top 10% earners in the country.
Most of the country fits in the £10k to £25k bracket.
Most of the country fits in the £10k to £25k bracket.