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It is the responsibility of the BoE to raise or lower the interest rate and they apparently have a 2% target. But in recent times they seem to have abandoned this strategy as inflation although now we are told is coming down, have cut rates despite inflation running at nearly twice what the BoE target is. I suggest this is due to flagging sales and rising unemployment. Reeves has caused a lot of the increased prices due to her tax and spend policy and isn't allowed by her backbenchers to make cuts in a bloated government or benefits system. So no I don't give Starmer credit for anything. He spends more time abroad worrying about other countries and invasions whilst they allow god knows who into Britain. Before I get the racist card thrown at me. No I don't have any problem with people coming here, but they must contribute in a positive way. Not one working and twenty on benefits the Country cannot sustain that and working people are fed up being cash cows.
They don't want people to understand. If people understood the pound lost something like 25% of its value over a three year period they would be a lot angrier.
Kids would be better off having a few lessons on interest rates, credit cards, mortgages, savings, bank accounts and investing than some of the pointless things they learn. Imagine Martin Lewis designing a curriculum for kids. Give kids one hour a week for personal finance and teach them a course he has designed.
A greater emphasis on arithmetic for those who struggle with it might also help.
It certainly seems a nonsense to me for those who fail GCSE maths to have to keep on taking it. Far better a much more basic course for them which gives them much of the mathematical fundamentals for everyday living.
A greater emphasis on arithmetic for those who struggle with it might also help.
It certainly seems a nonsense to me for those who fail GCSE maths to have to keep on taking it. Far better a much more basic course for them which gives them much of the mathematical fundamentals for everyday living.
And the course you suggest would also help too.
[Post edited 18 Dec 11:03]
I feel I'm pretty numerate reckon while 60% of people will understand that the 50% won't
A greater emphasis on arithmetic for those who struggle with it might also help.
It certainly seems a nonsense to me for those who fail GCSE maths to have to keep on taking it. Far better a much more basic course for them which gives them much of the mathematical fundamentals for everyday living.
And the course you suggest would also help too.
[Post edited 18 Dec 11:03]
But those of a certain age believed this back in 1967.
It is the responsibility of the BoE to raise or lower the interest rate and they apparently have a 2% target. But in recent times they seem to have abandoned this strategy as inflation although now we are told is coming down, have cut rates despite inflation running at nearly twice what the BoE target is. I suggest this is due to flagging sales and rising unemployment. Reeves has caused a lot of the increased prices due to her tax and spend policy and isn't allowed by her backbenchers to make cuts in a bloated government or benefits system. So no I don't give Starmer credit for anything. He spends more time abroad worrying about other countries and invasions whilst they allow god knows who into Britain. Before I get the racist card thrown at me. No I don't have any problem with people coming here, but they must contribute in a positive way. Not one working and twenty on benefits the Country cannot sustain that and working people are fed up being cash cows.
Just the usual reminder that the tories introduced the Employers NI rise to 15.05% in 2022, only for it be wrongly cancelled by the Truss/Kwarteng empire. All Reeves did was put in back in place, at a lower rate, no less. It had been coming since 2021 and was very much needed, even more so after Hunt did the personal cut, which was reckless.
A greater emphasis on arithmetic for those who struggle with it might also help.
It certainly seems a nonsense to me for those who fail GCSE maths to have to keep on taking it. Far better a much more basic course for them which gives them much of the mathematical fundamentals for everyday living.
And the course you suggest would also help too.
[Post edited 18 Dec 11:03]
We do all that. Maths questions are often based on real life examples (If I buy £3.20 worth of apples with a £5 note, how much change will I get).
But you aren't going to be able to explain compound interest to those who really struggle with arithmetic.
It is the responsibility of the BoE to raise or lower the interest rate and they apparently have a 2% target. But in recent times they seem to have abandoned this strategy as inflation although now we are told is coming down, have cut rates despite inflation running at nearly twice what the BoE target is. I suggest this is due to flagging sales and rising unemployment. Reeves has caused a lot of the increased prices due to her tax and spend policy and isn't allowed by her backbenchers to make cuts in a bloated government or benefits system. So no I don't give Starmer credit for anything. He spends more time abroad worrying about other countries and invasions whilst they allow god knows who into Britain. Before I get the racist card thrown at me. No I don't have any problem with people coming here, but they must contribute in a positive way. Not one working and twenty on benefits the Country cannot sustain that and working people are fed up being cash cows.
"He spends more time abroad..."
How many days has Keir Starmer spent abroad this year?
Clue: it's a lot less than 100. Less than half that, in fact.
Would you have preferred him not to go and negotiate directly with Trump when he was threatening tariffs?
Maybe you think that the UK should be unique amongst the relevant nations and not send our Prime Minister to the G7 summit, or the G20 summit?