The banks arguments of closing bricks and mortar shops to save money due to costs is bollocks... The cash less move means that £50 paid for a service ends up being 1% to the bank, visa or MasterCard etc... it's a multi billion pound earner... But no one is really pointing this out at the higher levels. They have more profits now than ever and it's disgusting
I was surprised that 'Fiscal Drag' was not even mentioned! I'm a pensioner with just a small pension and find I can 'earn' about £6000 in interest before paying on it. Shouldn't this have been mentioned? Not everyone is married, young, having salaries and tiny Allowances.
The banks arguments of closing bricks and mortar shops to save money due to costs is bollocks... The cash less move means that £50 paid for a service ends up being 1% to the bank, visa or MasterCard etc... it's a multi billion pound earner... But no one is really pointing this out at the higher levels. They have more profits now than ever and it's disgusting
Taxing savings (outside of ISA's and Pensions) is a punishment for prudent lifestyles
Happy Birthday Amelia 🎉
I was surprised that 'Fiscal Drag' was not even mentioned! I'm a pensioner with just a small pension and find I can 'earn' about £6000 in interest before paying on it. Shouldn't this have been mentioned? Not everyone is married, young, having salaries and tiny Allowances.
Happy birthday Amelia, have a fantastic day.
Paying interest on savings for most people is virtually voluntary for most working people with tax free accounts and access to pensions.
Thnx for the video
Happy birthday Amelia, hope you are having a wonderful day 😊. Thank you for taking the time out of your special day for this vid.
That man speaks a lot but says nothing. Please don’t invite him again, it’s a time waster.
I enjoyed his commentary