I have just been reading a news report from the Bank of England saying that if pay continues to fail to keep pace with productivity, they will have to hike the interest rates. To me, this says rather a lot about the habit of low pay.
However, when reading the comments, one person said that people should save when times are good for when times are not so good (obviously never had to live hand to mouth then!) and one reply said 'i am taking my hours down at my job at the moment i get £7.30 an hour 40 hours a week after tax £1060 a month going down to 16 hours a week i will get £467 from my work £700 housing benefit 800 off my council tax for the year so 66 a month and up to 15 a week for travel expenses to work so i will get £1293 a month for doing a 3rd of the work'.
How on earth can that be good for the country? Shareholder profits above what's in the government's pot? How can this be resolved?
Fruit flies - help needed please.
Army horses loose on London streets
Have any of you got all electric cars? Pros and cons please.