@Mcbeath_on_sea@dontdelay The 2.5% element should end but there is too much focus on it, there are bigger issues with SP. In the triple lock era the 2.5% has been invoked 4 times, without it SP would have risen 74%, with it 80%.
@dontdelay@TorstenBell I wonder if some institutional friction is due to the batshit way the state pension is taxed. Instead of applying your tax code to the income, your code is reduced by the amount of the pension, which sort of works if the code is greater than the pension, not so much in reverse.
@NJM71@DaveKent101 3. The triple lock should go but fixating on the 2.5% isn't useful. The chances of inflation falling below 2.5% are about nil. It would be more effective to address the unfairness of the 40-45% tax break given to wealthy pension savers. I've done well from that, but is it fair?
@NJM71@DaveKent101 1.'Us is the people who don't or won't be living on the basic state pension. If that's you then I apologise and wish you luck for your eventual retirement.
2."horribly self-entitled and selfish some older people are.โ Is a lazy stereotype, you are better than that
@NJM71@DaveKent101 It's easy for comparatively wealthy people like us to demonise pensioners but for the 1.2m households that are mainly reliant (75%+ of income) on the state pension for survival their motivation isn't greed or entitlement, it's having enough to eat and to stay warm.
@DanNeidle In fairness you didn't say when you would pay. A firm commitment to review the situation when conditions are more favourable is a reasonable outcome
@NJM71 Agree, taxation should be consistent for everyone, making exceptions for any demographic undermines the system. If pensioners want special treatment they can drive tractors through Whitehall
@RueNahcMohr You're right, loads of ways to solve that. For easy and quick availability the Murata OK series is a good option, industry standard footprints and 40V max input
@msjlindsay Johnson, Patel, Braverman, Farage never attacked a Muslim in the street, never rioted outside an asylum seekers hotel, never harassed the RNLI, but their rhetoric enables those who do, it's a green light for violence and abuse, for them it's validation. Own the consequences.
@RueNahcMohr Many years ago a got a contract to make an emergency exit sign, used the new high intensity LEDs, without realising how bright they were. Switched on, had 'man running through a door' symbol burned into my retinas for hours.
@DanNeidle@_LamNam_ Pay down a 200k mortgage from a 321k pot and have 121k left? Even with tax free lump sum there's tax to pay on the 120k drawdown, much of it at 40%
@DaleVince She could avoid tax but chooses not to "Coates is one of the UK's highest taxpayers. In February 2026, Coates and family were listed in 5th place on the Sunday Times Tax list, paying ยฃ227.1 million in tax." - Wikipedia
@NJM71@moneychimp This calculation is relatively easy, HMRC lists your personal NI contributions, add a reasonable multiplier for employer contributions, select a preferred index and use historical data to work out a notional invested value.
Try it, you might be surprised.
@NixonandIke People were leaving reluctantly because the earlier concerto overran. Most Proms overrun a little but this was too much. Dvorak was excellent.