Jump to content
House Price Crash Forum


  • Content Count

  • Joined

  • Last visited

About longtomsilver2

  • Rank
    HPC Poster
  1. The £10,000 proposed is much too high. I had a figure in mind like £175 a month and scrapping the personal allowance altogether (so tax neutral in most cases) and leave the tax bands as they are. 20% on first £50k of earnings 40% above £50k and scrap child benefit and tax credits altogether.
  2. Last time I shopped in Primark was probably around ten years ago, jeans were good and t-shirts cheap and plentiful. Last time I tried to shop there was maybe two years ago and the clothes just looked nasty, poor fitting and cheap but not cheap actually really bl00dy expensive. I'll never step in there again. Superdry has gone downhill too. Shirt looks good on the clothes hanger until you wash them a few times then lose shape, threads and generally fall apart. Woolly jumpers still excellent though.
  3. DWP the sanctimonious bar stewards. They tried to do the same to me after I had worked for them for two years. With some previous military experience I got compulsorily called up to serve in Iraq and they let me go (Job Centre) which I only found out about when I opened my front door after only just stepping off the place, P45 in a brown letter no note explaining why etcetera. In fairness to the Army they had a panel set-up to redress this and offered to help but as it was April (coming up to paragliding season) I opted to sign on My interventionist (a job I was quite used to from the other
  4. 33 years of full employment is a good run to have had. Be grateful for this and not the benefits you may have been entitled to in a different scenario. These life long benefit recipients have no life at all. The proposal is an insult by the way, that's what national insurance is for anyway.
  5. I wouldn't be so sure (with me holding 10,000 sainsbury's shares)... For a starter the German discounters continued success will be their achilles heel... they are fast running out of capacity to serve the customers (new and old) that they already have let alone take on many more from the big four. On a few occasions now I have found myself unable to park in the smaller car parks of Aldi and drive onto sainsbury's to shop instead. There have been times too when the queue is too much to stomach for a basket of items so I leave it there and walk out. The nectar card is being revisited as I be
  6. UKIP is only the catalyst to dismantling the entrenched three party carousel of the 1%. I doubt very much will change with Nigel Farage in charge of our train set but it's less about what happens after the 2015 election and more about 2 or 3 general elections hence forward. Fool me once, shame on you. Fool me twice, shame on me.
  7. Haha. My mum blew a large portion of her inheritance on investment grade fine art and bonded wine. Teacher btw
  8. A plasterer friend of mine went sick (hernia) at 58 after a lifetime of working and had no savings or home to show for it all (I still don't understand where it all went as he wasn't a big spender). Anyway he was on the social right through to 60 then pension credit took over. For all intents and purposes he retired 7 years before the state retirement age and was even told to consider himself retired from . that was my plan for two years and then TPTB moved the goal posts again and have pushed the age up where you can access private pensions to 57 and have a link whereby it'll track the sta
  9. I couldn't possibly say but that video looks (and sounds) professional to me. Who funded it (ISIL maybe?)
  10. Exactly which is why I posted here. The writing is on the wall. With so much leverage in play it doesn't take much to have the rug pulled from under it. Greggs are now doing nicer baguettes and competing on price with the now industry standard £3 meal deals. There's no wiggle room.
  11. Wonga taking impaired assets off it's books. Makes me think Wonga are cleaning up their balance sheets and gearing up for a float?
  12. Our government wrote the book, provided the capital (£150,000,000,000) and dropped the base rate to 300 year lows. Trickle down (p155 take).
  13. The business model is uncannily similar to that of a person building a BTL empire. Buy a perfectly sound business/property leverage up by securitizing the debt on future earnings/rental income. Rinse and repeat 1 or a thousand times hollowing out as you go. When owning the company in the legal sense isn't really owning or having an interest in the company at all.
  14. Credit due to Reuters news feed which is where I pinched this from... LONDON, Aug 2 (Reuters) - Private equity firm Bridgepoint's coffee and sandwich chain Pret A Manger has raised a new 375 million pound ($568.5 million) loan to refinance existing debt and pay a 150 million pound dividend to shareholders, sources with knowledge of the deal said on Friday. Bridgepoint bought Pret in 2008 in a deal backed by 220 million pounds of debt, according to Thomson Reuters LPC data. It decided in June to get value out of the company by conducting a dividend recapitalisation - a refinancing process tha
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.