£18bn cuts to public services

Interesting that the UK spent 3.9% of GDP on education in 2018/19

commonslibrary.parliament.uk/research-briefings/sn01078/

South Korea spends almost 7%.

biz30.timedoctor.com/average-salary-in-south-korea/#a-breakdown-of-average-salary-in-south-korea

Over 74% of South Koreans pursue a postgraduate level degree.

People working in education earn, on average, almost as much as bankers.

I wonder if there's a lesson there somewhere!

Katie59

Singapore has an average salary of double the UK, the environment cannot possibly be worse than London or any other large city.

www.bbc.com/travel/article/20210407-singapores-endless-pursuit-of-cleanliness

What is their median wage, Katie59?

'Average' can conceal gross inequality.

From the same article as above:

South Korea has one of the fastest broadband networks in the world along with a commitment to renewable technologies and exceptional infrastructure. According to Bloomberg’s Innovative Index 2021, South Korea ranked as the most innovative country in the world.

The Korean government announced new plans of spending over 8 trillion KRW every year from 2020 to 2023 in an attempt to maintain safe and sustainable infrastructure.

The country has also set a budget of USD 3.9 Billion in 2020 for technologies such as Artificial Intelligence (AI) in an attempt to boost R&D, economic growth, and infrastructure.

The South Korean state is pro-active in investment. It doesn't leave it to random rich people, in the hope that some of the wealth will trickle down.

Personal income tax and other taxes in South Korea are high:

tradingeconomics.com/south-korea/personal-income-tax-rate

MaizieD

Katie59

Singapore has an average salary of double the UK, the environment cannot possibly be worse than London or any other large city.

www.bbc.com/travel/article/20210407-singapores-endless-pursuit-of-cleanliness

What is their median wage, Katie59?

'Average' can conceal gross inequality.

Inequality of course

Median wage in US $
UK around 2500 a month
Singapore around 4500 a month

Growstuff that’s the top rate of tax average is somewhat less than UK

Up to £28k 15%
10
Bands
Over £650k 45%

Oh, MaisieD, how I loved your cartoon ! Many thanks?

Katie59

MaizieD

Katie59

Singapore has an average salary of double the UK, the environment cannot possibly be worse than London or any other large city.

www.bbc.com/travel/article/20210407-singapores-endless-pursuit-of-cleanliness

What is their median wage, Katie59?

'Average' can conceal gross inequality.

Inequality of course

Median wage in US $
UK around 2500 a month
Singapore around 4500 a month

Cost of living in Singapore US$

Family of four estimated monthly costs: $6,744 (SGD $9,626)
Single person estimated monthly costs: $4,146 (SGD $5,918)

www.expatistan.com/cost-of-living/singapore?currency=USD

Cost of living in the UK

Average cost of living for a household in the UK is £3, 073 per month in 2022 ($3413)
Average living cost for a single person in the UK is £2,005 per month ($227.09)

growstuff

bear1

we must stop those who were not born here of became citizens of the UK havig free health treatment we have to become like the majority of the world and charge them for all health care we would have to in their country stop people arriving here via the taxi service and being put up for free in hotels we could save millions a year and the NHS would get back millions from those who come here for the free holiday in a nhs hospital and get their ops done for free

How would you organise that?

Nigel Farage's spelling has got a lot worse.

Most people spend what they have month to month, you have a higher or lower standard of living and according to your lifestyle.

It seems the majority here are content with the economic state of the UK, they don’t want change, the fact that the UK has been steadily loosing its value is OK and we should just keep borrowing more, without putting in any more effort.

Katie59

Most people spend what they have month to month, you have a higher or lower standard of living and according to your lifestyle.

It seems the majority here are content with the economic state of the UK, they don’t want change, the fact that the UK has been steadily loosing its value is OK and we should just keep borrowing more, without putting in any more effort.

OK, Liz. We've got the message. Brits are a load of idle workshy grifters who prefer to sponge off the state rather than work 12 hours a day, 7 days a week.

MaizieD

Katie59

Most people spend what they have month to month, you have a higher or lower standard of living and according to your lifestyle.

It seems the majority here are content with the economic state of the UK, they don’t want change, the fact that the UK has been steadily loosing its value is OK and we should just keep borrowing more, without putting in any more effort.

OK, Liz. We've got the message. Brits are a load of idle workshy grifters who prefer to sponge off the state rather than work 12 hours a day, 7 days a week.

This is exactly the reply I expected

growstuff

Interesting that the UK spent 3.9% of GDP on education in 2018/19

commonslibrary.parliament.uk/research-briefings/sn01078/

South Korea spends almost 7%.

biz30.timedoctor.com/average-salary-in-south-korea/#a-breakdown-of-average-salary-in-south-korea

Over 74% of South Koreans pursue a postgraduate level degree.

People working in education earn, on average, almost as much as bankers.

I wonder if there's a lesson there somewhere!

I think that should be saved and sent to every MP.