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gruffydd

Guess Who Came To Office Here

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Margaret Major?

What's Margaret Major got to do with it?

http://www.margaretmajor.co.uk/

Margaret Major

Miniature Embroidery Designs

This site has now closed - thank you to everyone for their support.

I wish you all the best with your embroidery

My books are available from all good bookshops & Amazon

Margaret

It looks like she's been a victim of the credit crunch as well but I can't see the relevance to this.

Has there been a boom in miniature embroidery designs? Is this the real cause of the financial crisis, will Brown now be blaming it all on the knitting, embroidery community?

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ofannualincome.jpg

From this pdf

UK indebtedness. • Personal debt now exceeds. £1Tr. • Consumer credit is low ... Debt Servicing Payment* as a Percentage of Income - Total. Households now .... Developed Estimated Disposable Income models to assist in the assessment ...

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A quick google shows the big bang was in 1986 . I'm guessing that , that was the point at which the

building societies had to compete with each other and so maybe there were more loans

or maybe just more personal loans were available.

Just looking at the house price vs income graph , july 89 was the peak,

and april 97 was just beyond the bottom. So the initial climb on the graph is the

earlier boom , and the plateau (or maybe a slow decline) in debt was the house price bust ,

and then the final massive ramp was the hp boom.

Interesting !

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So indebtedness about doubled 1980-91, levelled off and then went up about 50% from 98 to 2007.

I blame Mrs Thatcher ;)

Indeed.

Both of her. :angry:

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So indebtedness about doubled 1980-91, levelled off and then went up about 50% from 98 to 2007.

I blame Mrs Thatcher ;)

Actually I blame equal opportunities. It was the 80s that saw women really start to earn similar amounts to men, that is why we see a doubling of personal debt burden then as the average household became genuinely dual income. From 1997 onwards it's down to bad policy.

Edited by HovelinHove

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Actually I blame equal opportunities. It was the 80s that saw women really start to earn similar amounts to men, that is why we see a doubling of personal debt burden then as the average household became genuinely dual income. From 1997 onwards it's down to bad policy.

So Brown can now blame it all on women? Will that be a vote winner?

It's a global financial crisis caused by women getting equality?

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Odd as it someone might be fiddling the figures?

Or some other kind of odd?

The pdf in my first post says

Key Findings

• There were 5.4 million working age benefit claimants at November 2008. This is an increase of

278 thousand in the year to November 2008.

Yet that graph above shows about 4.8 Million as the Aug 2008 figure.

• At November 2008, there were 3.02 million recipients of Disability Living Allowance (DLA). This is

the first time the DLA caseload has reached over 3 million

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dwplogo.gif

Statistical Summary May 2009 (210Kb) pdf_icon.gifns_tick.gif

dla.gif

It's all very odd.

Disability Living Allowance is also paid to people in work and to children. Only some Incapacity Benefit / Employment and Support Allowance claimants are paid DLA. There are various rates of DLA depending on the severity of the condition. Unlike most other benefits DLA is tax-free and not means tested. DLA can help people to move off IB/ESA.

'Disability Living Allowance (DLA)':

http://www.direct.gov.uk/en/DisabledPeople...ort/DG_10011731

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The pdf in my first post says

Key Findings

• There were 5.4 million working age benefit claimants at November 2008. This is an increase of

278 thousand in the year to November 2008.

Yet that graph above shows about 4.8 Million as the Aug 2008 figure.

• At November 2008, there were 3.02 million recipients of Disability Living Allowance (DLA). This is

the first time the DLA caseload has reached over 3 million

That 4.8 million figure is for claimants of out-of-work benefits.

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