50 word Moneyfesto - Small changes for a big difference 2013

Taff1

Legislation should change so all financial lending products track BoE. (mortgages, credit cards, loans etc)

BoE base rate is lower than ever yet the working man sees no benefit.
More disposable income, kickstarting the economy.

Currently bank rates track the LIBOR rate. Banks have been fixing this rate.

ls123

Exchange skills in schools -
Pensioners teach children how to cook with fresh ingredients.
Children teach pensioners how to use computers to shop online.

Benefits:
Healthy food is essential to avoid many health risks. Prevention will save millions in Doctors, hospitals, drugs.
Prevents isolation, mental decline, increases independence for longer.

berto2002

Landlords receive tax relief on mortage interest which encourages buy-to-let. This privileges landords over those trying to 'buy-to-live'. I suggest mortage interest relief be abolished for future buy-to-let but implemented for 'BUILD-to-let'. This would stimulate home-building, encourage property investment and increase the supply of new housing without government cash.

TheCoolCookie2000

Carer's Allowance is to fill gap between part-time and full-time for those that cannot work full-time because of caring. It is £58.45 pw, and you are allowed to earn up to £100 pw and still qualify. Unchanged in 5 years, and CA only up £3 pw. Is £158 really full-time equivalent?

gemsybabes

Increase the minimum wage to a living wage, working full time for minimum wage does not allow a single person without children to earn a proper living.
CEO's wage increases should be capped to the lowest earners wage increase.
The divide between rich and poor is too great.
Work must pay, it should not be possible to earn more on benefits than in full time employment. BUT this should not restrict the genuinely sick and disabled.

lucys_mum

ALL telephone numbers to government based offices ie. family credit, tax office etc etc should be 0800 numbers or at least land-line numbers which most people an get free of charge.

Some years ago whilst needing to make this type of call I racked up huge telephone bills hanging on and being transferred at a time when I could least afford it.

egarobar

Malcolm_E wrote: »

I agree wholeheartedly

Nowadays you see jolly TV adverts showing happy people who've got their cashflow problems sorted... - then look at the bottom of the screen, and it says APR 2050%! This should be illegal - 30% is too much in actual fact, nobody should pay that much. Educate, too - in schools and afterwards.

lindylou14

I would like to ensure that babies with parents who may otherwise spend money on drugs,drink,should get milk & nappy tokens so babies dont suffer,charges for hospital parking,patients should get appointment letter with tear off for car to cover period of treatment.
free sanitory wear ladies?

egarobar

ben333latham wrote: »

Tax PLASTIC bags. The goverment is always looking to bridge the borrowing defecit. Around 10-13 billion are used in the UK each year. A tax of 5p or 10p each bag would bring in revenue and encourage public to re-use bags or get bag for life.

It's working in Wales alredy - we pay 5p and the shopkeeper has to give all profit to charity. :T

Barbarian

Benefit payments could be replaced with an equivalent tax allowance and anyone earning less than their allowance wcould be given a tax refund, thus sving an entire govenment department.