@MartinSLewis What do I need to do if I am on a fixed tariff. I am assuming I switched with my current supplier or is the reduction applied to all accounts?
@MartinSLewis I took the time yesterday to look over the financial report of the government body administrating the student loan system. The remuneration payments to the executive are eye watering.
@MartinSLewis Credit score is designed to encourage borrowing/debt . So long as I maintain a balance on my credit card but paying in full each month my credit score is unchanged if I completely clear my c/card my score goes down.
@BorisJohnson The response to the inquiry is interesting. At the time some people complained that we didn't need lockdown now they complain it should have started earlier. The Pandemic gave a totally new problem to the modern world and no rule book existed.
@MartinSLewis This policy will be a complete failure. The young have little or no cash to save let alone invest or pay into a pension. The old want security as any financial advisor will state. So let's fail to understand the needs of everyone & trash the mortgage markets with reduced savings
@MartinSLewis@RachelReevesMP Yet again this Labour government is out of ideas, everything they do is pushing more people towards Reform.
They need to allow an additional £20k stocks and Shares ISA allowance, if they are really interested in encouraging investment. Furthermore, don't invent stupid excuses!!
BBC News - Bike thefts at stations 'decriminalised' - BBC News
https://t.co/h5kxFqhuSr
If the station lockup isn't secure will this invalid cycle insurance?
@MartinSLewis My initial question was what ratio of cash savings to investment (anything that's not cash savings) is a good balance?
In asking that question I also need to include age as a factor as well as income to savings ratio and level of risk? Help!!! 😲
@MartinSLewis If the government does reduce cash they will never be re-elected. The allowance needs to be increased as well as the personal allowance from £12570 to at least £20000.
@BBCNews 1000 gallons of fuel may sound like a large reserve but it would only provide about one hour of flight. Most accidents occur due to a chain of events, low fuel could just be the first event, hence this one event of concern.
@MartinSLewis This country is finished, if cash ISA's are raided to balance the books. I can see how Reform believe they win at the next election RIP UK.
@MartinSLewis Is that the best they can come up with! So by increasing the limit suddenly everyone has more money! Those that spend will have more debt and the banks make more money.