It would be replaced with defined contributions. It would be a matter of negotiation what level these were at but they have the distinct advantage (from the employer’s perspective) of putting the ris… (View Post)
It really won't. Under whatever government it happens we will be looking at massive increases in tax and massive cuts in spending. All of us will be significantly poorer but inevitably those dependen… (View Post)
There are no easy or popular ways to resolve this problem, hence none of the parties being willing to face it. We certainly need to increase taxes and by substantial amounts. We need to cut the headc… (View Post)
It says: "Borrowing in the financial year to May 2025 was £37.7 billion; this was £1.6 billion more than in the same two-month period of 2024 and the third-highest April to May borrowing since m… (View Post)