UK Politics

[steviewevie]

Bring Back Boris

[steviewevie]

Tuition fees set to go up along with inflation. Inevitable.

[lazyred]

 

[steviewevie]

Mel Stride shadow chancellor and Priti Patel foreign sec...diverse...

[steviewevie]

Jenrick gets shadow justice...should be interesting...

[mattiloy]

7 hours ago, steviewevie said:

Tuition fees set to go up along with inflation. Inevitable.

 

The thing that sticks in the craw is RPI.

 

Its a weird thing to fix a loan to and puts the total interest rate similar to an unsecured consumer loan, however, unlike an unsecured consumer loan, the repayment of the loan is guaranteed through PAYE deductions for the vast majority graduates so the risk of non payment is limited to the risk of the student not earning enough to pay it off in full, so it’s not really unsecured, it’s secure in so far as it’s easy enough to model the proportion of students who will pay off and set the pricing accordingly, as they have. They also control whether or not thresholds rise, so can rig it if the forecast is wrong. That way they keep generating nice little loan portfolios each year to flog to investors.

 

Then the premium on RPI vs CPI in recent years is also caused by decades of failed housing policy, which incidentally also means that both students and graduates pay a kings ransom in rent.

 

Is there a worse country in europe to be a young person in 2024? 

[lost]

I'm not sure how many people actually manage to pay it off nowadays? Aren't we now effectively in the position where graduates pay 9% extra in tax.

[Crazyfool01]

That Shadow cabinet is bonkers ... theyve moved on by putting out the same people as before ... only one name I dont recognise but Patel and Trott in those roles particularly bonkers given past history 

[lost]

9 minutes ago, Crazyfool01 said:

That Shadow cabinet is bonkers ... theyve moved on by putting out the same people as before ... only one name I dont recognise but Patel and Trott in those roles particularly bonkers given past history 

 

Probably an attempt to unite the party after the two finalists were people from the right. But yes I've noticed similar comments on twitter:

 

 

[steviewevie]

If Goodwin doesn't like it she's probably doing a good job.

Jenrick as justice sec is pretty funny, but also she doesn't have many to choose from. Have to see how it goes, not she'll still be leader by next election.

[steviewevie]

3 hours ago, lost said:

I'm not sure how many people actually manage to pay it off nowadays? Aren't we now effectively in the position where graduates pay 9% extra in tax.

my kid is probably going to university next year and I was reading that Martin Lewis was advising that probably better off getting a loan rather than paying it upfront, so that's good.

[steviewevie]

😂

[steviewevie]

 

[pink_triangle]

8 hours ago, steviewevie said:

my kid is probably going to university next year and I was reading that Martin Lewis was advising that probably better off getting a loan rather than paying it upfront, so that's good.

I have another 4 years before my daughter goes. Watching a Martin Lewis interview he seemed to think any negative impact would be offset by an increase in the maintenance loan.

[pink_triangle]

9 hours ago, Crazyfool01 said:

That Shadow cabinet is bonkers ... theyve moved on by putting out the same people as before ... only one name I dont recognise but Patel and Trott in those roles particularly bonkers given past history 

Badenoch effectively saw the moderates coalescing around her when she got to the final 2 so it’s not a huge surprise. For all the red meat thrown by Badenoch to the base this is similar to what it would have looked like had the more moderate candidates won.

 

At least Jenrick didn’t win. While I doubt he is a genuine right winger, he would have required the true believers to keep him in place.

[Crazyfool01]

1 minute ago, pink_triangle said:

Badenoch effectively saw the moderates coalescing around her when she got to the final 2 so it’s not a huge surprise. For all the red meat thrown by Badenoch to the base this is similar to what it would have looked like had the more moderate candidates won.

 

At least Jenrick didn’t win. While I doubt he is a genuine right winger, he would have required the true believers to keep him in place.

I guess theres so few left now choice is limited , thought they might have tried a few more less knowns though with fewer well known gaffs / misspeaks that would look to the electorate like the same old lot 

[Crazyfool01]

Badenoch going in strong on trump and further division asking if Starmer will invite him to adress parliament and lammy … guess it’s unsurprising but she’s an asshole 

[steviewevie]

cba with it. Might have to give up on news and politics.

[Crazyfool01]

3 minutes ago, steviewevie said:

cba with it. Might have to give up on news and politics.

Take a break mate .. first time tv has gone on here today … try and focus on the better things in life … I should follow my own advice really and step out of social media but it’s kind of an addiction 

[Punksnotdead]

2 minutes ago, Crazyfool01 said:

Take a break mate .. first time tv has gone on here today … try and focus on the better things in life … I should follow my own advice really and step out of social media but it’s kind of an addiction 

I've decided I'm not watching the news or any politics until next year. I'm taking a tip from my work colleagues who didn't give a sh*t about the rapist winning today.

 

Ignorance is bliss!

[Crazyfool01]

17 minutes ago, Punksnotdead said:

I've decided I'm not watching the news or any politics until next year. I'm taking a tip from my work colleagues who didn't give a sh*t about the rapist winning today.

 

Ignorance is bliss!

I’ll have the same when I’m back at work Monday no doubt . today’s focus is sale prep to keep me away from lots … although I’m still on here so not avoiding completely