Mexboroseasider
Well-known member
There’s speculation they may go up again on Thursday by 0.5%.
That should help with their savingsMerry Christmas young people.
Interest rates have gone up my account has gone from 0.4 % to 4% (fixed for two years ) ,not fantastic but better than a kick in the bollocks.This is a terrible time for our young people - the countries future.
Savers don't benefits from the situation either, as the saving rates barely improve.
The greedy banks & building societies only care about their shareholders.
That's a good rate, and far better than Lloyds are offering! Our ISAS are tied up with our BS until May next year, so we can't move them.Interest rates have gone up my account has gone from 0.4 % to 4% (fixed for two years ) ,not fantastic but better than a kick in the bollocks.
Apparently they changed something about a year ago & they're not as good as they were. I can't for the life of me remember exactly what, but we were told by someone who worked there. My pension pot (drawdown) is now only 10% down as opposed to a frightening 20% at it's worst.Premium Bonds winnings outweigh anything the banks gave given me in interest.
I bought a chunk of Premium Bonds in June and have won at least £25 every month since, with the best month being £175.Apparently they changed something about a year ago & they're not as good as they were. I can't for the life of me remember exactly what, but we were told by someone who worked there. My pension pot (drawdown) is now only 10% down as opposed to a frightening 20% at it's worst.
Check the conditions of your ISA you might be able to transfer to another ISA for a small penalty ,That's a good rate, and far better than Lloyds are offering! Our ISAS are tied up with our BS until May next year, so we can't move them.
This has been a terrible time for young people for near on three years we locked them away when it doesn't affect them for a pandemic,screwing them over now with costs and they'll be the ones have to pay back our huge debt for years to come.This is a terrible time for our young people - the countries future.
Savers don't benefits from the situation either, as the saving rates barely improve.
The greedy banks & building societies only care about their shareholders.
And yet they are still the lowest demographic to turn out to vote.This has been a terrible time for young people for near on three years we locked them away when it doesn't affect them for a pandemic,screwing them over now with costs and they'll be the ones have to pay back our huge debt for years to come.
Why would they?And yet they are still the lowest demographic to turn out to vote.
They may not all be stupid but they are largely disinterested.Why would they?
They ain't stupid there isn't a fag paper between red and blue.
Sunak or Starmer all it a bit bland.
Hasn’t that always been the case? My mum and dad made a big thing out the fact I was voting age back in the day, neither I or any of my mates were interested in voting. It was frustrating for my parents. I started taking my vote seriously in my mid 30s. Roll on a number of years…I made a big thing of it when my 2 were voting age…they weren’t interested….that frustrated me. I just don’t think it’s on most young people’s radar. Not sure how that can be changed.They may not all be stupid but they are largely disinterested.
Yes it has largely been the case for a long time. The point from the posts above is that it is young adults who are often the most affected by adverse political and economic conditions. Social science education in mainstream schools needs to have a far greater focus in the curriculum.Hasn’t that always been the case? My mum and dad made a big thing out the fact I was voting age back in the day, neither I or any of my mates were interested in voting. It was frustrating for my parents. I started taking my vote seriously in my mid 30s. Roll on a number of years…I made a big thing of it when my 2 were voting age…they weren’t interested….that frustrated me. I just don’t think it’s on most young people’s radar. Not sure how that can be changed.
You are bang on.Yes it has largely been the case for a long time. The point from the posts above is that it is young adults who are often the most affected by adverse political and economic conditions. Social science education in mainstream schools needs to have a far greater focus in the curriculum.
I think your point about political literacy is a fair one.Yes it has largely been the case for a long time. The point from the posts above is that it is young adults who are often the most affected by adverse political and economic conditions. Social science education in mainstream schools needs to have a far greater focus in the curriculum.
What you describe sounds interesting and worthwhile and you don't sound cynical. I have one simple idea. Having been out of education for many years I may be tilting at windmills but my idea is this: alongside the two/three year GCSE courses studied by 14-16 year olds, there should be a social education course of study. It should include both the mechanics and philosophy of politics in our country, domestic economics (family budgeting, understanding loans, direct debits and mortgages), constructing CVs and understanding the basic principles of justice, citizens' rights and their social responsibilities.I think your point about political literacy is a fair one.
Joseph Rowntree Reform Trust are currently funding a number of digital campaigns to get an additional million voters but the next election.
They are targeting young people, people from minoritised racial groups and renters as these three groups are the last likely to vote.
I really want to do some place based work with them, as Hartlepool has a faking turnout, but that's a longer process.
It'll be interesting to see if digital campaigns have the desired effect; I have my doubts but that may be because I'm a 50 year old white bloke who is cynical
I like the thinking, I'm not sure it should be a barrier to unlocking the other GCSE's; but the principles of broader citizenship are hugely important.What you describe sounds interesting and worthwhile and you don't sound cynical. I have one simple idea. Having been out of education for many years I may be tilting at windmills but my idea is this: alongside the two/three year GCSE courses studied by 14-16 year olds, there should be a social education course of study. It should include both the mechanics and philosophy of politics in our country, domestic economics (family budgeting, understanding loans, direct debits and mortgages), constructing CVs and understanding the basic principles of justice, citizens' rights and their social responsibilities.
When (if) these basics have been taught in the past they have either been presented as an unexamined 'general studies' add on that have been treated lightly by students as being of little consequence in their 'exam focussed' minds, or they have been offered as discretionary courses within the GCSE framework. My idea is that they be bundled into a mandatory Social Education Certificate. This certificate would not be graded, rather it would be simply pass or fail. However passing it would be the key to unlocking the awarding of GCSE certificates earned by students. I believe that this arrangement would both focus students' minds on the subject matter and provide them with a foundation of social skills to take into the adult world.
Spot on. The teaching of social skills and social responsibility in educational establishments really does need to be pared back. Teaching children that it'll all come good with just the correct (metropolitan) attitude on their part is an out-and-out lie for many in this town in particular. It also absolves the state of their own obligations.I like the thinking, I'm not sure it should be a barrier to unlocking the other GCSE's; but the principles of broader citizenship are hugely important.
I worry about the undue Political interreference - unionised teachers teaching about this stuff could struggle to remain impartial and talk about the various great political ideologies in a neutral way which fosters critical thinking - but it's possible something like Parliamentary outreach could expand their role into schools?
More widely, this is possibly the only reason I'd ever consider lowering the voting age - it gets them in early and hopefully forms a habit for life.
There's the role of parents too - if you're not politically engaged because you feel politically irrelevant - it's hard to motivate your children to take an interest and that leads to a cycle of disengagement which only suits politicians and not citizens.
Interest rates have gone up my account has gone from 0.4 % to 4% (fixed for two years ) ,not fantastic but better than a kick in the bollocks.
I think at the14-16 age range there would be little scope for politicising the content and context.I like the thinking, I'm not sure it should be a barrier to unlocking the other GCSE's; but the principles of broader citizenship are hugely important.
I worry about the undue Political interreference - unionised teachers teaching about this stuff could struggle to remain impartial and talk about the various great political ideologies in a neutral way which fosters critical thinking - but it's possible something like Parliamentary outreach could expand their role into schools?
More widely, this is possibly the only reason I'd ever consider lowering the voting age - it gets them in early and hopefully forms a habit for life.
There's the role of parents too - if you're not politically engaged because you feel politically irrelevant - it's hard to motivate your children to take an interest and that leads to a cycle of disengagement which only suits politicians and not citizens.
I think you underestimate the nature of what could be taught and, importantly, the context in which it should be presented.Spot on. The teaching of social skills and social responsibility in educational establishments really does need to be pared back. Teaching children that it'll all come good with just the correct (metropolitan) attitude on their part is an out-and-out lie for many in this town in particular. It also absolves the state of their own obligations.
How on earth can adults speak seriously about budgeting (for example) with the economy in the toilet and even those semi well-off struggling to meet basic needs? It doesn't make any sense.
I'd like the schools to stick to the subjects - taught to a good standard - and leave the rest to parents with the state providing the opportunities on leaving school. It's not hard.
Which bank ?Better than we've seen for a while but there are more competitive rates around. I've just taken out a one year fixed term bond at just under 5%.
Going back to the OP, interest rates are still well below where they should be.
As a matter of interest where do you think rates should be?Better than we've seen for a while but there are more competitive rates around. I've just taken out a one year fixed term bond at just under 5%.
Going back to the OP, interest rates are still well below where they should be.
Starling Bank via InvestecWhich bank ?
As a matter of interest where do you think rates should be?