Improve Money Rules In 50 Words. Suggest easy changes for our politicians

garfy85

All customer related sales should be accountable.

Any company that sells products to customers should be made to have a dedicated complaints department that can be reached by telephone. Not here is an address please write your complaint to the manager.

Boccomiglio

The single most effective step to unleash the philanthropic potential for the Big Society to happen (and show it to have substance rather than just spin!) is to make charitable donations tax properly deductible as they are in Canada and the US. Mr Cameron: do something courageous and radical for the common good!

iantresman

Banks must not make fines for going overdrawn for a few days. A £20 fine for going £1 overdrawn for one day is the equivalent of 730,000% APR!

By all means charge interest at a reasonable rate, but I can't fine my customers for being late with their payments. It is immoral and wrong.

iantresman

The Bank of England interest rate has been at 0.5% of two years now. Mortgage interest rates remains at 7% with the bank pocketing the 1400% mark-up.

Credit card rates are still around 20%, with the banks pocketing the 4,000% mark-up.

In the war, this was called profiteering. If the people had received the same relief as the banks, we would be a lot better off.

mrslemouser

Less money used for foreign aid (rising to 12.1 billion by 2014). We have an ailing NHS Police force, school system and our OAP are dealt with appallingly.

Priority ought to be given to citizens of the UK first and foremost.

iantresman

The proportion of our income going in petrol and energy charges is significantly more now than two years ago.

Wages and shop prices have to keep below inflation, so why should the energy companies profiteer from the financial crises?

leemarch

I suggest that single mothers are housed in a community housing block, like those which exist for older people. Mum and her children would have safe comfortable housing in the form of a flat or rooms, but would be encouraged to share and pool resources such as babysitting, perhaps a communal kitchen, and laundry area. That way the incentive of a free house would be removed and children would be well catered for and looked after, whilst Mum is encouraged to work. [FONT=&quot] [/FONT]

iantresman

Almost everything is cheaper in bulk. Unless you're a train company. It costs me just £30 in petrol to travel door to door to London and back, but although the train company is transporting a train-load (500) of people, a ticket from station to station costs over £200!

What happened to economy of scale?

DGCKiwi17

It's a good idea, if correctly administered. Unfortunately reports show it is unlikely that the DWP will be able to administer this credit effectively (thereby costing the the tax payer significantly more money in the long run). You should consider having this credit administered on a local basis to better effect (e.g. by Local Authorities).

iantresman

One goods train can transport the equivalent of 50 heavy goods vehicles. Economy of scale and the state of the roads should make this a no-brainer.