you’ll put those savings into a stocks and shares ISA where any gains from stocks are tax free guaranteed.
If you have more than £20k a year to put away into stocks and shares then yeah you need to pay some tax bruv.
I have a Hasselblad 500 and I like to fill the whole frame with interesting architecture at odd angles. 1920s and 30s art deco is especially good to photograph.
yeah. That kind of money is top 5% of homes in most of Europe outside very wealthy areas and districts like Zurich. In the UK the average house price is about £300k ($400k)
I agree.
But the realist in me knows it is unlikely to be allowed to happen.
I know that the government will have to service a £15bn debt through borrowing, which will raise interest rates, mortgages, rents and require cuts to public services to pay for. That is on top of the investment needed over the next few years to stop sewage leaking into rivers and leaks of millions of litres a day.
In addition I know that pension funds and large investors will lose substantial sums of money and will look to divest from similar risks, which could lead to more utility companies becoming insolvent. A snowball effect.
Finally, I know that international investment in the UK will be seen as more risky.
What the government will be doing now is weighing up those risks against the cost of raising bills by the 59% that the water companies and industry bodies are asking for. If the worst should happen, will taxpayers be better off with a couple of hundred extra £ on their water bills to pay, or potentially a lot worse off with a rapid nationalisation of multiple firms.
me typing “sudo !!” instead of rewriting the shell command undoes this.
refinery malfunctions truck/ship breakdowns
sounds like “how to get prescribed as a terrorist organisation 101”
I’d be happy if that happened.
I’d like it to go that way too but realistically, no government in the world is going to go after a massive hedge fund or investment bank for failing to stop a company asset stripping a public utility for profit.
yes that would be awesome, but the problem is that “make it publicly owned” means “buy out their shares” which is giving them a bailout, plus “service all the debt the company is in” which is another bailout, before you’ve even got started with fixing the horrible lack of investment over many years
so the shareholders pull their funds, the water companies struggle and the taxpayer has to step in to bail them out.
problem is then that shareholders will pull their money and invest elsewhere leaving the taxpayer to pick up the pieces. clever privatisations always leave the public purse to bail out any losses 😒
the solution: don’t privatise in the first place. it’s like selling all your shit at a pawn shop
would love to but where does the money come from to buy out all the shareholders? you would need to raise tens of billions - remember we just spent £10bn to give people a 1% tax cut
and before you say “fuck the shareholders,” remember that lots of them are your pension fund
place one solar panel on your roof, connect it to your mains input, all possibilities of reliable energy use disaggregation go out the window.
no we gots to find money for tax cuts and also to buy more weapons and stuff.
that sucks. I was born in Leeds but moved away years ago. Sorry to hear it has got so bad. Maybe occupy Marsden Grotto with have a pint of dog and wait until it all blows over
Uh oh, section 114 notice coming soon!
councils have been bankrupted by successive cuts over the last decade such that its a miracle some can still collect bins.
current government have no interest in causing trouble for their school friends, biggest party donors and future employment prospects.
for now
jupyter notebooks, or if you’re super trendy give zerve.ai a try