According to Treasury Secretary, Danny Alexander, those who use tax avoidance measures to reduce their tax liabilities are the “moral equivalent of benefit cheats” He was speaking publicly after it was reported that comedian Jimmy Carr is saving himself masses of cash by using a tax avoidance scheme called K2. It works by transferring income […]
finance
Not Many New Friends Are ‘Liking’ Facebook
If something sounds too good to be true, then it normally is, which segues nicely to the sale of shares in social networking site Facebook exactly a week ago. The internet is a mystery to many of us but if there is one thing that has been proved since its inception, it’s that a fool […]
Just ‘Cause It’s Legal It Doesn’t Make It Right!
Chancellor George Osborne has today announced he is “shocked” by a fact most of us have been aware of for years – the richest people hang onto their wealth by organising their financial affairs to minimise the amount of tax they have to pay. Apparently, according to a study by HM Revenue and Customs, the […]
Fuelling A Panic?
If ever there was an example of our coalition government’s lack of understanding of ‘real’ people, it’s the latest debacle over a possible strike by tanker drivers who deliver the much needed fuel to our forecourts. Following on from its attempts to promote negative public opinion on benefit claimants, students, pensioners, pasty eaters […]
Pensioning Off Our Right To Retire…!
The Work and Pensions Secretary, Iain Duncan Smith, has unveiled details of his plan for reform to the welfare system. While he is correct that the present system is ridiculously complicated and needs simplifying, he is wrong in his assumption that most people want to stay in work indefinitely. He claims that most people want […]
Fuel Your Anger At MPs Not Road Users!
With fuel prices continuing to rise on the back of the political unrest in the Middle East, it is understandable that fuel users here are becoming increasingly frustrated. It is tempting for campaigning groups to contemplate taking direct action by staging ‘go slows’ on major roads or blockading oil refineries. While it may be understandable […]
Is Vince Cable A Fool Or A Mischief Maker?
Is this the face of a fool or the face of a mischief maker? Business Secretary, Vince Cable, who has long been respected for his forthright views on the economy and his personal reservations about his party’s power sharing coalition with the Conservatives, has been caught in a ‘sting’ by two journalists from the Daily […]
Green Energy Could Make Us All Sick!
A story in today’s Daily Telegraph reports that household electricity bills are likely to rise by around £500 per year to pay for the additional investment needed in green energy. Britain is obligated to increase its share of energy from renewable sources from 3 per cent to 15 per cent to meet EU targets but […]
Can We Really Afford The Cost Of Stealing From The Courts?
The Justice Ministry has announced the cuts it will be making to the courts system following the Coalition’s spending review. Justice Minister, Jonathan Djanogly used the customary LibCon ‘get out of jail’ excuse for the cuts saying the present system is “unsustainable”. 93 Magistrates’ courts will be closed along with 49 County Courts but according […]
The Debt Just Won’t Die!
According to a survey by MyVoucherCodes.co.uk of almost two thousand 18 to 35 year olds, 98pc said they think they’ll still be in debt on their death bed. Eight out of ten of those asked said they thought it was far too easy to borrow money through their bank, or on credit cards. Other points […]