Leicester East – a possible by-election? – politicalbetting.com
Labour is calling on Leicester East MP Claudia Webbe to quit her seat after she was found guilty of a campaign of harassment including threatening an acid attack. At GE2019 she stood for Labour in Leicester East but now is an independent.
This truly is a leftie government, Sunak is a pound shop Gordon Brown.
Pension savers face risk of higher fees as Sunak seeks billions for ‘levelling up’
Ministers are looking to relax rules shielding tens of millions of UK retirement savers from high charges as they step up efforts to funnel pension fund cash into the government’s “levelling up” agenda.
Officials are working on proposals to dilute the 0.75 per cent ceiling on annual management fees, which was put in place in 2016 to protect workers auto-enrolled into workplace pensions from having their savings eroded by high charges.
Chancellor Rishi Sunak is looking at ways to tap billions of pounds of pension fund cash to invest in long-term projects, including infrastructure schemes, renewable energy projects and innovative tech firms, to help deliver on UK prime minister Boris Johnson’s pledge to spread economic growth across the UK.
27% A level or degree
67% non white in the 2011 census
Makes sense, imo.
Slightly related; I’ve long thought the nimby problem could be overcome by getting buy-in from locals with a structured savings product. A kind of hyper-local NS&I bond, paying inflation-linked interest, funnelled into housing association developments in your area.
0.75% goes to the fund manager. A sober individual like I used to be.
The coke snorting broker* gets paid from the commissions that the fund pays when it buys or sells shares. In the old days, that was as much 0.25%, and brokers drove 911s. Now it's more likely to be 0.04 or 0.05%, and brokers bitch about how much better paid fund managers now are.
* Not *all* brokers snort cocaine. Some of them prefer Adderell.
Should a by election happen.
The further away from retirement you are the more you're screwed.
Because a lot of people talk a good game about appealing... but then when they are appraised of the cost (high) and the likelihood of success (low), they reconsider.
It's like the stages of grief.
(I offer that as one of the retired who would be adversely affected but why should I pay less on my income than you poor sods working every day to keep the country solvent?)
It'll give her a year's worth of extra income as an MP plus expenses.
I would think safe Labour hold if they let the local party pick a good local candidate. Webbe was the worst sort of parachuted in candidate. If another is dropped in then bets would be off.
I think that’s where Sunak is coming from.
He's so much more than just a "twit".
I remember eating in a curry house on the Golden Mile* when Vaz came in with a friend, and the waiter immediately went over to serve him before returning to our table with the quip "sorry about that, but you never know when a relative is going to need help with something".
* Not what it was in its Eighties heyday. Between the internet and cheap flights, shoppers now often buy direct from India rather than our little Gujerat. Its still a good place to eat though.
Getting and keeping a criminal off the streets prevents multiple future crimes, and multiple future court cases.
Basically, it looked like he tops out (pretty consistently) at about 60% of the Muslim share for the constituency. Leicester East is 48% Asian, but 33% of that is Hindu and only 15% is Muslim. This would put GG's potential at around 10% of the vote, or maybe a little lower.
Could this be enough to cause Labour to lose the seat?
I doubt it.
My guess - fwiw - is that the December 2019 result was a bad one for the Labour Party at least in part because all the students had returned home.
I therefore think that the real Labour majority is slightly undercooked here.
Jail in four years is nowhere near as much a deterrent as jail now.
And it will inevitably end up with more people getting away with crimes than would otherwise be the case.
Honestly, it's just another example of the Tory party kicking working people and a reason we need a strong opposition that will stand up for working age people and start to tax over 65s properly.
Are there no Sikhs? Let alone Jains, Buddhists, Chinese, etc.
Think of all the Covid vaccines that could be bought for the price of a "space tourist" ticket.
Yes, it is the Tories kicking the working man and woman. Once their money is in the pension it is pretty much there until they retire..
One thing that Always concerns me with these pension pots is they tie your money up,for decades and you cannot access it yet the govt can chop,and change the rules to,suit.
Its only once they're securely behind bars that there is a disruption to their criminal behaviour.
Its not like someone who committed a crime and was nicked then is out on bail for four years is going to be an angel in all that time. 🤦♂️
There was no reason it would have gone on vaccines had it not gone on space tourism. It could have gone on women or drink, with the rest wasted, to quote George Best.
It should never have existed and companies should have been forced to pick a proper asset manager. It would have avoided the government seeing pensions assets under its management as a potential source of jam today which is what has happened. The worst part is that people who have Nest pensions are the most likely to be low income and part time employees.
The idea is actually quite disgusting because once again wealthy pensioners are all in the private sector so are in the open market which means fees won't rise much at all but the unsavvy working poor will be lumbered with a huge fees increase that will erode a huge amount of their potential accruals and hurt their future retirement incomes. All of it to fund NHS and social care for the old people who won't pay anything extra.
The Tory party isn't fit for purpose.
Not quite snaffling coins from the church collection plate, but well on the way in terms of tawdriness. Is this really the level of scrabbling around the government is reduced to?
I really, really hope I've misunderstood this. Please tell me I've misunderstood.
Perhaps a Dave Dave to be on the safe side.
I honestly don't think anyone in the Labour party has the wit or wherewithal to explain this measure that will be sold as a way of taxing profits from extra large pension pots.
None of our political parties are fit for purpose. It’s a rather depressing scenario.
I think Nest, Like stakeholder pensions. Was well intentioned but the execution utterly,shambolic.
None of the 3 main parties are fit for purpose. All of them useless, greedy, corrupt, inept, cowardly and lying.
However, even with this improvement, there are no more counsellors or therapists than there are lawyers, courts or HGV drivers.
Victims need the case over and done with and the offender punished before real healing can begin. We are creating even more damaged folk with long-term PTSD and trauma.
Blooming Sunak, as shabby as the rest of them. And he has such a nice smile; possibly the nicest since John Major (pre-Black Wednesday version).
Sometimes I wonder whether moving to Zurich is the right thing to do, then the supposedly low tax party comes up with a genuinely evil policy like this which will destroy pension incomes for the worst off and I know that my wife is right about where the UK is heading.
Brown was warned about the consequences of his actions too, at the time, by civil servants but still ploughed ahead. Of course many people didn’t realise at the time but the final salary pension in the private sector,pretty much dropped off a cliff after that.
The man is an idiot.