I'm starting a list of financial information I read in the newspapers. Mostly the Daily Mail at the moment. Others welcome.
£340m to preserve ruins of Grenfell Tower.
£500m to bailout Port Talbot Steel works and still about 2800 jobs to be lost.
2.8m people of working age are 'inactive' due to chronic illness. Cost of sickness benefits to rise by as much as £64b by 2025. £19.5b of this could be saved.
MPs on about £90000pa can, and do, claim home heating costs.
The average train driver salary has gone up from £60000pa to £69000pa ( after 15% pay rise ) plus overtime.
Full State Pensions to rise on April 6th 2025 by £460pa. That's £8.80 per week. WHOOPEE!!, thats going to help the heating bill overdrafts from the winter. It should be off-setting inflation of other necessities, like food, not energy.
By that time it is estimated that 3850 pensioners could have died as a result of axing the winter fuel allowance. Their demise will save future Pension payments and, therefore, add to the Government's balance sheet! Assuming pension of £221.20 per week, that's (£222.20× 3850people × 52 weeks) £44,284,240 pa!!
The Labour Government could lower the percentage that pensions can withdraw tax free as a lump sum. The present scheme costs £5.5b but if the limit was reduced from £268,275 to £100,000 this would generate £2b a year.
More to come. Have you got any facts to share? Twithay?
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