Why a slow economy but soaring pay poses problem for UK
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- Опубліковано 25 сер 2024
- Will soaring wages and a stalling economy pose a problem for the UK?
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Wages are going up at the fastest rate on record, finally outstripping inflation. But at the same time, unemployment is moving up and employment is falling as higher interest rates squeeze activity.
The boom in wages will create a dilemma for the government: pensions are due to go up in line with them - almost certainly outstripping the increase in benefits for working age people - and boosting the argument over which generation benefits the most from public spending.
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Funny how it's always those that have gotten extremely high bonuses are saying how it's a bad thing for most people to be getting paid higher than the inflation rate.
its due to the difference inn scale.
I can't believe that the UK has turned into a struggling economy where people can't even afford basic necessities. I'm honestly in the process of looking for a Financial Advisor.
I've been contemplating getting a Financial Advisor recently because I'm genuinely concerned about setting up something for my kids. It feels like this government is undermining many aspects of our lives
Kevin do you mind if I ask what financial advisor firm you're using that made you over £567k in profits
Thank you for the information. I conducted my own research and your Top Sharks Financial Advisor appears to be highly skilled and knowledgeable. I've sent them an email and arranged a phone call. their expertise is impressive, and I'm eagerly anticipating our conversation.
Stop asking for more peasants. Only the millionaires are allowed to get richer.
That's exactly what they're saying.
@@Lando-kx6soit's disgusting!
Lol
If a millionaire tells you he became rich due to hard work. Ask him whose?
The government and the media don’t want you to ever have a pay rise again.
Even though you haven’t had one for 10-15 years, it’s never enough for the greedy fat cats.
Precise
this is getting ridiculous. The rich and powerful win no matter what - we have inflation (need to keep wages under control), we have stagflation (we need to keep wages under control), we have deflation (we need to keep wages under control) no mater what happens in the economy it is the working class that is hit hard EVERY SINGLE TIME
Media is controlled and is just a mouth piece for the establishment.
it's not about the high earners keeping more of what they earn, it's about ALL people being able to EARN enough to live, have treats and save. Work that into the economy.
Exactly. An economy that doesn't exist to support the population as a whole, but serves only to enrich a corrupt few, is an economy not fit for purpose.
Spot on, the greedy rich are eating us alive out there
No. It's just that people have forgotten how to live within their means.
@@kevinsyd2012 And which people would those be, in your eyes?
@@django3422 Those who claim they "haven't got enough money to put food on the table" whilst on the iPhone and watching a 72" plasma TV.
It's the shareholders and CEOs squeezing the cash out of people that need capping.
Alot of share holders and CEO come for poverty backgrounds. Difference is they work 80 hours week to get to where they. If you dream big and work hard I'm sure you can get there to!
@@rishiyanvarshaThis is just a tired old lie.
Go work for yourself.
Do you think that they will do that? I don't think so actually. And did you know that most of the UK is indeed foreign-owned as well ? So.. They are already actually decorating themselves and their own people as well. So....
@@rishiyanvarsha : We are not talking about moms and pops kind of "companies".. we are talking about listed footsie companies.... The kind that is more affected quite quickly by the bank rates etc. So this is why Wilko is now closed as well. This time round, it is because other countries are holding our pound, and doing oddball things. It is also affecting us directly. Quite a bit !!!!
Wages up 8.5% , prices up 11.5%. Clearly corporations are raising prices and paying themselves very generously, driving inflation much more than their employees who are just trying to tread water.
Some prices have gone up a lot higher just look at eggs most, energy costs, parking charges inflation was more like 20% while they were saying it was around 20%.
A question the wealthy never ask or even consider.
the wealthy are typically owners so a slowing economy is something they worry about.
Pay increases are bad, billions of pounds of corporate profits are good. Bore off.
The way I see this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don’t have any economies to utilize or control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.
But the professionals are still crushing it right now because they have both the necessary approach to pull off a profit in the market plus access to insider market knowledge that isn’t made public.
That’s true! To succeed the financial market, you must review and put into consideration the dynamics of your trading assets prior investing. Analysis based on research is vital which is why I recommend investing with a professional if you don’t know the basics.
Exactly why i enjoy market decisions being guided by a professional, seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience, been using the expertise and guidance of John Desmond Heppolette, for over 5years+ and I've netted over $3million in that time frame..
John Desmond Heppolette, really seem to know this stuff. I found his web-page when I made a google search of his full names, read through his resume, educational background, qualifications and it was really impressive. I left him a note and booked a call session with him..
I've been making more than seven figures passively investing with John Desmond Heppolette, who showed me the right community to join and grow mv finances and I don't have to do much work. It doesn't matter if the economy is crashing, I will always make returns.
So either earn less, be born into wealth, do worse than your parents, or leave the country… wages NEED to go up to a basic standard.
Study more, work more and get more!
@@allykhan8594 Carrying more student debt, paying more tax and working harder? You aren't selling it. Minimum wage is high enough for me, I jacked in my job with responsibility after 6 years of no pay rises, I'm hardly any worse off, and being part time now have loads of time to do what I want. There's nothing I want to buy that I don't already own. Of course if wages generally go to where they should be I'm sure I could buy a newer car, motorcycle etc but the time I would have to work now for the money I would get isn't worth it and everything I already have is perfectly fine. No need to go into debt to buy things to impress people I don't know. I'd rather have a pocket full of cash that's mine and time to doss about. I don't miss commuting either, 10 minute walk to work now, not even sure I could go full time again or travel after years of taking it easy. I definitely need more incentive to use my experience and qualifications.
Bot@@allykhan8594
@@allykhan8594🤡
@@marcustaylor670smart man
Not the whole story, pay has been squeezed for decades
Since 2008 which is why I've gradually done less and less and learned to spend less and less. Even part time now on minimum wage I have as much money in my pocket as when I was full time on £15 an hour in 2006. I only walk 10 minutes to work and I can sleep walk through my job with ease. Until I can get proper wages I'm not prepared to work hard at a proper job again. At my age I'm not even sure I could be bothered even then, by the time you factor in the commuting, tax, travel costs and the fact I'd have to work harder is it even worth it for money that I don't even need, to buy stuff I don't really need?
@@marcustaylor670 long before that, historical data points to the 70s and 80s
@@edmundprice5276 True but I'm going by my own personal experience.
That's right wages haven't kept up with inflation for decades, I think back to just the 90's and the things I could buy with a £20 note and what those things cost now, you could have a night out on £20.
More of a problem than billionaires doubling/tripling their profits?
Which ones?
@@allykhan8594 99% of them
During the pandemic lots of corporations and billionaires got a lot richer that's a fact.
As we got a pay rise we got our hours cut. Same work expected in less hours.
You can only do what you can do, at least you have more time off. Chances are if you can't turn the work out neither can anyone else. Multiple times in the past I've offered to leave jobs if my employers could replace me with someone better than me for the same wage. Never got replaced and they got people in a couple of times who failed miserably. I've always been better than my workmates at the jobs I've had, you don't have to be the best just better than those around you. Only the stupidest bosses will sack their most productive employees, everyone I worked for cared about money so I knew I was safe giving them lip.
Same here. Hourly rate increased 7% and then hours cut on average 15%. Still expected to keep the shop to a high standard. If someone leaves (30 hour contract), they are replaced with someone on a 10 hour contract. I'm to old to be doing 3 peoples jobs.
The wage rate rise is not what it seems. We really are getting poorer! That's why I can't understand why benefits are expected to go up. They were already more than a minimum wage especially when housing etc is covered. No wonder you can't get a benefits claimant to go back to work. Probably 25-30% worse off!
Soaring pay？！The rises don't even match half the inflation. UK is the one of the only few nations in Europe where living standard is in decline. Another one is Ukraine.
It's actually (for the time being) 1% higher than inflation. And living standards across the entire western world are down. The UK is by no means unique in this regard especially in Europe (look at Spain, Portugal, Italy, Greece, Germany etc.)
@Lando-kx6so Your cherry picking, that for the time being rises are 1% higher than inflation, is just whitewash. Had rises been higher than inflation, living standard would not have been substantially down.
@@Lando-kx6so yeah but spain has fit birds and good weather, what does the uk have to counter act it?
So keep my wage at £7.20/hr, great.
Yet the CEO of the company i worked at enjoyed a $27,000,000 in 2020.
It would take me 4500 years to 3800 years to earn that much based in what i was getting paid undef Zero hours.
Or 1500 years if i worked full time at £10/hr.
Will the government go after this massive profits? No the tories are ideologically opposed to going after the massive pool of wealth of billionaires, that would benefit the people in the uk, but going after the disabled and everyone else who's scraping by...sounds disgusting, so mana from heaven for tories.
Go study to be ceo, stop stacking shelves.
@@allykhan8594stop licking boots
Don't eat avocados and cancel your netfix.. then it's only 1499 years 😂
@@momurda6 he can start his own company too and stop moaning like a donkey being pulled to water to drink.
Can someone point me towards were these soaring wages are please. Thanks from amazon employee.
Sounds like those in charge of our slowing economy need to work a little harder, the people have been led to believe that hard work pays off but it seems to only be paying off the people failing at the top...
That is the bottom line but you will never hear them admit that.
About 1 in 6 pensioners are reliant on the state pension only, which they have paid towards all of their working lives. Even after the 10% increase this year, a full state pension is still only equivalent to about half of the so called 'living wage'.
They also get roughly £150,000 more in state benefits than someone born 20-30 years ago. While having paid less real terms tax than a comparable wage today does.
National insurance is a tax, people keep paying because they are duped into believing there is free money later on. There is no free lunch. What the government needs to do is cut spending enough that there is no more deficits then at least it could inflate away the debt so things could get better down the road. Nobody wants to take the medicine so the country will die. Makes no odds who gets elected, the debt hole is too deep, those handouts in 2020 weren't free, this is what happens when all the productive people stay at home. I learned to live on less so haven't bothered to go back to work full time and I won't until wages are high enough to make it worthwhile.
The thing is though, I don’t see the current standard of triple locked pensions remaining when the current young generation reach retirement, especially as the video said with an aging population.
Generally, I think the current pensioners have it the best it’s going to be compared to many future generations.
How to live a comfortable life:
Step 1: Be born into a rich family
Why the big focus on young/old? What about public sector workers who have had a pay cap for years based on bogus 'research' by the Policy Exchange group 'showing' that public sector workers are better off than those in the private sector. Giving nurses, paramedics and doctors decent pay would be 'inflationationary', but letting financial companies award eye watering pay to staff is not? No wonder the NHS is short staffed and facing burnout of existing staff.
If they focus on young/old then they don't have to face the real issues. Keep people focused on hating each other rather than blaming those in power
Politicians give themselves a pay rise this year if they got performance base pay or was held accountable most of them would of been given their P45 and shoved out the door a long time ago.
There are hiring from 3rd world countries.
Worker's pay has lagged behind the cost of living and the cost of housing for decades. Only Ch4 could present this as a problem.
Since 2002, that's when house prices really shot up, if you weren't in then you would have to pay considerably more. I waited for them to come down but they never have so I won't ever buy now even if they do as I'm too old to ever want to tie myself into a mortgage.
@@marcustaylor670the property bubble I'd due to pop soon, very soon.
This country is broken. Wilko closed, and Debenhams gone. Utility infrastructure and engineering in an absolutely disgraceful condition. Ridiculous.
Most pensioners are the wealthiest people in the country. There houses paid for got money in bank or investments and private pension and state pension. And make out there hard done by .tell most pensioners that they know how much money they have but they dont know how much time they have left. Get spending it because most will be paying death tax if they dont.
Who on earth is getting pay raises!!! Only the rich!
I got a pay rise, and I certainly am not rich.
Did a Tory write this?
So much for the high wage economy Johnson promised .....
You do realise that he put us into a highly unnecessary lockdown which helped contribute to the global supply chain being messed up, which contributed to the high inflation we have at the moment? That's probably his biggest economic sin.
Yeah ok always someone else's fault with this lot ...
The full British pension is a disgrace. I’m also happy to see wages growth because for most people over many generations the level just stinks.
How would you change the British pension, without making others poorer?
West Londoners showing how connected they are to reality.
It’s greed by people at the top but hey.. blame the people
poor people in particular... and immigrants
How does "greed by people at the top" make it worse for the rest of us.. unless they are politicians giving themselves pay-rises?
No, it's people not getting educated or getting the new skills needed to earn top money. Many prefer just to be on benefits and contribute nothing to the economy.
@@kevinsyd2012 Exactly. I improved my circumstances by hard work, but when I was young, it always paid better to work than not work. And then in came Blair and Brown...
Anybody else hungry? #EatTheRich
Eat the rich... I hear this all the time, yet when I ask people what they mean by it, they don't know.
Hi i am an oap i paid 3k for my bungalow in 1968 my wages was 1k a year in the mines. By 1980 i was on 20k a year so my wages over took my mortgage and now im well off that same bungalow is worth 400k. We had it hard in our generation and struggled. Apparently.
At least your honest.
I know people that bought houses for similar prices as you and were mortgage free in their 30s due to the wages boom.
All retired on final salary pensions by 55.
That type of luck will never happen again.
Bradshaw hit the nail onnthe head. Its not about bringing pensioners down, it should be about lifting the working generation up, and taxing the high earners properly. And why describe wages as "soaring" and "racing away"? Ive never heard those words used to describe CEO wages. Which genuinely do soar and race away.
"Soaring pay" 😂😂😂😂😂😂 i guess we should all starve to death to offset government ineptitude
Everyone in this video sounds so out of touch it's hard to believe. From what planet did they come?
The UK is 2.88 TRILLION in debt rising by nearly 6,000 pounds per week
6k a second is the rate on average
That’s just the UK. The world is at least $310 Trillion in debt. When this bubble inevitably bursts, everything will collapse. It’s going to be scary, but nobody thinks about it
I think he ment 6000 immigrants per week
Six thousand a week 😂😂 you must work for the bank of England 😂😂😂😂😂
and how are soaring profit affecting inflation?
Not sure- how?
price rises for profit fueling inflation not wage price spiral. @@lochnessmunster1189
Tax 75% on bonus
Poverty is the biggest silent killer in humanity. But at the same time, there is a bit of a conundrum- when you raise wages you have to raise the prices to keep up with increasing costs creating a bit of a temporary relief but soon a cycle of things harder to keep up.
It's maybe difficult for some employers to take that hit but not for the billionaire fat cats who only got to that point of welf because they pled poverty in the past & the powers that be helped them out by giving them either help that they didn't need or in some cases more help than they needed.
It like when they chose to start quantative easing during the 2008 financial crisis once it starts it can't stop.
Soaring pay you're having a laugh!
If its like Australia decades of what was called wage restraint was actuslly wage under payment that made businesses Billions
20% living with some poverty she says. Over 25% own a second home and rent it out, personally exacerbating the housing crisis.
Hits a bit different than 35% of all 0-19 year olds are living in poverty.
What is "poverty"? Who actually decides, and why should they be allowed to decide?
"Soaring pay"... OK. Meanwhile FTSE100 CEOs' pay increases 39% (2021) & 23% (2022) to 103x median salary. "Soaring".
The low growth under the tories is the problem, people have to keep earning a living
Whos getting soaring pay?? 😒
CEO's
Politicians and their pals
It's High time wealthy pensioners do more charity reach out within UK using the pension received.
That's my humble request to all wealthy pensioners.
We have to be thoughtful the young generation in UK
suffering.
Helpung them is like helping our own children and grandchildren.
There is a lot of happiness,health and well being when we help others.
A kind heart never goes unrecognised.
The more kindness given More blessings come back to the kind person.
So, house prices are rigged, CPI goes up, board directors leverage huge salary increases in corporate businesses, but, wage rises are kept low for decades to keep a modern slavery workforce? And now, its wage increases which is the sole reason for inflation worries when inflation marginally drops and most wage increases are 4.7% or less? Retail prices are held high which is adding pressure to manufactured inflation, never mind refunding the UK economy giving millions and billions in fraud contracts and wastage to Govt failed schemes and funding privatised rail companies for rail strikes. Deliberate economic mismanagement has created our current economy, not the lack of workers wage rises.
I tell you what why don't we put all the CEO and top management on minimum wage and freeze dividends for 2 years while we control inflation and use the saving to fund salaries for everyone else . Sounds fair ?
She said she can't hear you
.But we do😂
Manufacturing consent machine goes brrrrrrrrrrrrrrr
Proof that we all need to be poor for a few people to be rich huh... because as soon as everyone isn't poor anymore the system breaks
No, that isn't how it works. If that was how it worked, we'd all be poorer here than we were in the year 1800.
So wanting fair pay and able to look after yourself and your family is bad, OK got it 👍👍👍
Why do working people get benefits
I’ve not seen any of these so called wage rises
Rear terms pay is lower now than it was in 2021. "soaring pay"?? Interesting choice of headline Channel 4
If they do means test the state pension, does that mean those who don't recieve a state pension get a partial NI refund?
Higher wages is a symptom of high i flation , not the cause. Wages have been stagnant for 20 years. Stop gaslightling us whilst the wealthy are earning a fortune off us proles"
Wages haven't kept up with inflation for at least 30-40 years.
@@chrisj2502 Yes on reflection you are correct. I earn actually less in my field now than 30 years ago. I should have swapped to banking whilst I was young enough. Didnt realise just how undervalued and treated with contempt we are until now
@@minnie4218 what do you do?
Companies and their investors always needing year on year growth is never a problem is it...
the gent who is well off. he can receive the pension and buy food for food banks etc.
That isn't a long-term solution
Sorry who is getting these pay rises.. ? Nobody I know
One person is good off. Most aren't.
Tell that to the richers and the politicians 😂 seriously, if the government is looking after their citizens well, they really don't need higher wagers! At the end of the day, where people get money to pay ever-increasing tax, council tax and mortgages, etc....
So again, current workers get screwed over.
Pay has to go up to keep up with prices which are driven by nothing more then naked greed for profits by big business
I am sorry, who is getting all these soaring pays?
Higher wages= bad, disgusting profiteering and price fixing = great
Benefits, designed to be a temporary measure until they can find work, should not be equal to pensions who have worked all their life to earn that security.
I disagree there’s a lot of disabled people who are unable to work or wouldn’t be able to hold down a job due to their illness and dealing with flare ups etc.
The UK tax system is completely broken and demotivates businesses and investments as a result you have stagnation.
If you want growth and prosperity in this country you should demand MUCH lower corp taxes, high earners should pay 0% tax or small flat fee, 10% dividend tax. That is the only way for avg. person to enjoy high wages and make a decent life.
5,800 pounds per SECOND is what the UK borrows
Creates. Government "borrowing" is how money is printed in a cashless economy (less than 3% of £s are in banknotes and coins).
@@AKbamoida How does it create this money?
@lochnessmunster1189 It essentially gives an IOU note to the central bank that other banks are then able to buy (or a portion of it). They get a promise that the government will pay them later - essentially what a paper bank note is. That means those banks have increased their assets by that amount and are free to invest that money value in their other activites.
@@AKbamoida Thanks- I appreciate that- but I thought that governments borrow by selling gilts?
@lochnessmunster1189 it's all debt is the point. Debt has value. Debt is what makes up the majority of what's sitting in our bank accounts.
Why not ask Leadsom about her efforts to block debate & vote on Crown Dependencies and their role as tax havens? That would bring in more money to ease the current crisis.
Each year I work for my multinational company my pay in real terms reduces. If you are reading this and have higher than inflation wage rises over the past 10 years, well done! I guess it’s all your fault.
It will cost 2 billion more each year?
Just look down the back of Dido Harding's sofa.
Sorry, who’s getting soaring pay?
I would say the likelihood of an election early next year has been boosted by this as the Tories can then give pensioners the increase and leave Labour to pay for it. If they were silly enough to cut the triple lock I would suggest the Tories may then struggle to become the official opposition !!
Whoopie! State pension £205/week. Lot of bs, as if that is a lot of money vs current average salaries.
Dont believe the hype
So you're saying that people should be paid less?
Most pensioners are struggling, choosing between eating/paying electric!
What proof do you have that this is true?
Bad news for investors and fat cats wishing to exploit work force that create their profits. An 8% pay increase means very little if you earning less than 20 grand
That should cut taxes ease regulations
You can’t make enough money you should not liven in Uk . Why are you taking hard working middle class taxes for your own benefits?
The Billionaire business man tells the millionaire politician that the rest of us are greedy..go figure
This is what happens when you vote for slogan tories ..
You think Labour will be better?
@@lochnessmunster1189 yes I do . I 100% think they will be better than this abomination that calls itself a government
You should be tax free when you retire but the government still wants to rinse you dry
Wages are low in the UK, not worth working in many situations
Very nice people to ear explaining our crisis . We'll be better soon.
No we won't, the debt is way too big to get out of this hole without massive government spending cuts. Things will continue to get steadily worse overall until the whole thing goes down and pensions don't even exist. Private pensions are tied to bonds, derivatives, stocks and housing so they will be gone too. I've been following this decline since 2008 and it's this fake 'positivity' that has put us where we are now. If there are the cuts needed violence, hunger and crime will spiral out of control, there is no way out. Early 2020 before all the money printing for handouts was probably the last time it could have been managed with damage limitation.
Wage rises just get absorbed be rent increases. It's restraints on what these rich people can charge which will make a difference.
They need to learn to graze instead of gorging.
And yet I still see people spending and I personally don't know anyone struggling
so you are saying that...
Reminder that a quarter of all pensioners are millionaires :-)
Does that include property or just cash.
Reminder that three quarters of all pensioners are not millionaires and nearly a quarter of pensioners are reliant on the state pension only, which they have paid towards all of their working lives. Even after the 10% increase this year, a full state pension is still only equivalent to about half of the so called 'living wage'.
@@gordoncharles741 so what? they were never promised a triple lock, it's something the stupid Tories introduced. We have pension credit for a reason for the most vulnerable pensioners and if you've saved nothing your entire working life in spite of the cheapest house prices and asset hyperinflation, then that's on you.
@@gordoncharles741Workers don't pay into their state pension, pensions are paid by the younger generation of workers.. the Tories introduced the TL at a time where rates were ~0, inflation ~0%, and wages stagnant, so it would only be a 2.5% rise pa. Myopic and unsustainable given the current economic climate. It's the same insanity that lead to the BtL bubble, housing crisis, and ~25% of HMT debt interest being indexed to inflation. Now our interest payments have exploded and we are borrowing primarily to cover it. Credit rating agencies have already predicted downgrades coming unless the "pensions bomb" is defused.
The Tories for all their PR have been a fairweather government. They inherited economic recovery, negative real rates, and ~0% inflation. They seemed to govern as though those conditions would last forever.
i agree, we should all be earning £1 an hour, living on the street and starving to death. that sounds so much better.
Why would that happen?
@@lochnessmunster1189 it's sarcasm
@@jamesoakley4570 ah, OK, fair enough. There are many left-wingers on the channel who say this kind of thing with sincerity!
@@lochnessmunster1189 I don't know why someone on the left would say they would like to earn £1 an hour and starve but ok
Fine, I guess I'll just move countries since there doesn't seem to be an option where the UK will ever get better 😊😊😊
How will the government pay? 😂 Stop it! 🤣
soaring house prices OK
soaring pay NOT OK
😂
Cashed a pension due to serious ill health. Taxed over £11000 on it..
How many times is money earnt through hard work and loss of family life taxed? And why next door perfectly fit. Running a gardening business gets a council house, rent paid. Council do everything including removing the rubbish via skips and regular work to keep their garden nice. Enough earnt doing 2 dozen garden jobs in the summer to party 24/7 all year round or benefits? But no questioned asked. Sleep in till 4pm. No job club. No looking for work. No worry about the future. It doesn't make sense. But I'm lucky. At least I'm not working full time and living in a car... and at least as the council say I'm not the most vulnerable in society like those I mention. Vulnerable?
I know you are annoyed by the neighbour thing but I find it does not do your own mind any good to compare or focus on others it just makes you bitter and wound up I truly wish you all the best you can rise above it all and be content I mean this in the nicest possible way I get exactly what you mean🌈
@joannedibben2352 thank you for your words but when was the last time you were racially abused. Harassed..physically threatened with base ball bats. Beatings. Being burnt alive. Yout house being threatened to be burnt down by a guy hitting your windows and shouting he's going to burn your house down through the letter box at 4am whilst his partner and half a dozen little girls and men hitting the joining walls all shouting, swearing, threatening? For days.. police state to you its not a police matter.. Council say to you sell your home and shut up now.. and after 2.5 years. My property value gone from 80000 + too less then 50000 and the ones I talk of have a house full of kids during school hours with oh boy going on.
Nothing I can do other than as the labour councils community protection officer said. Sell. Shut up and move or be sectioned or sell your house and have a run down graffiti windows smashed half falling down bungalow but council take all sale money from your house plus all pensions or you can take our tenants to court were the council shall represent them and pay their legal fees using council solicitors.. I can't compete with that especially as all solicitors have advised me not to go to court as through their experience the labour council shall ensure I'm bankrupted. Advice given as said to other home owners in this area.
" count your loses. Sell at auction for rock bottom price and run for safety "
Cool hey
Worked non stop through 31 years of serious illness only to lose all to violent people but as the labour council say
They are the most vulnerable in society.
Thank you. I'm a 58 Yr old disabled transplant guy with cfs, ckd, opcd, brittle bone disease. Serious cardio and heart attacks. 2 types of thyroid disease. Arthritic arthritis, much more..... the most vulnerable in society evidently sleep in till 4pm. Party all night long. Violent.threatening. racist. Antisocial. Full benefits.free house. Free rent. Free house repairs. Free gardening. Free garden repairs. Everything free. And fit enough to dance all night. Party all day. I'm finished with thus society. Cancer was a waste of time fighting..everything has been a waste. I should of been allowed benefits and sat partying and threatening people all my life as then I'm more vulnerable than a homeless child,disabled or x army vet.
I contacted my labour party mp to speak to him about this. His reply to me being told all was
' House owners should realise that council housing is only for the most vulnerable in society. Home owners like you should not be allowed council homes. Home owners are in not vulnerable.' Home owners 9/10 work full time
@@user-tt6pq8tg1k I'm so sorry this has all happened to you it sounds so awfull I can only imagine what your going through.
@joannedibben2352 still going on. Nothing anyone can do and believe me there is quite a few.
Police waste of time. Waste of 40 years poll / council tax. Total. Voting labour. Good lord.
How about tax the 1% and treasury will be filled in a second ????????????? Challenge???? And still whiting on SYSTEM THEIR BABY OF MONEY ????
Does nobody understand inflation? If it was as simple as just having more money then nations such as Argentina and Zimbabwe wouldn’t be basket cases. Certainly, QE and the subsequent asset inflation in the UK has caused huge inequality and needs to be addressed. But aside from that we need to grow the economy and improve productivity, else nothing will ultimately get better
Don't need to pump any more money into the system simply to pay people more.
Tax and financially bleed the rich so that the wages distribution get shared better.
So we're all suffering and need to work hard to further our suffering so the rich can get richer?
Get in the sea.
How does that boot taste?
You hit the nail on the head about QE and asset price inflation but increased productivity won't fix the problem the banks and government caused and the economy isn't going to grow because its shrinking because of the way they have managed the economy, government is making things worse with stealth taxes like ULEZ, increasing parking charges and generally making everything harder for start ups.
@@gregkareem9824 What boot?
*My* higher wage = good news
dvla sells most of the country to america
The big club
And you ain't in it.
We know lies when we see it.