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Realistbear

Government Is Hiring 500 More Employees

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http://news.bbc.co.uk/1/hi/business/4884158.stm

Government pays for debt advisers

CAB's will get most of the new money for debt advisors
The government is handing out £45m to employ 500 independent debt advisers over the next two years.
The money will be used to help thousands of people gain personal advice in England and Wales on how to cope with their debts.

:lol::lol::lol::lol::lol::lol:

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Living here really is a 24 hour comedy show! :lol:

It is amusing isn't it! This one is really ripe as it is the blind leading the blind. The government floods the country with cheap money causing unprecedented debt levels and now has to hire 500 people to advise them what to do. I would just send the bills to No. 11.

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This venture has been around for nearly a year. I menioned it on the site then. I remember speaking to a local CAB manager at a meeting and she agreed with my suggestion that the reason for the money is because the Government knows something rather large and unpleasant is about to happen.

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500 independant financial debt advisors....thats a heck of a lot of debt advisors precisley how busy are they expecting them to be? :unsure:

I was a CAB volunteer from 1991-93. There were a lot of clients with money problems. The hangover from a spending binge which perhaps wasn't that different to now: Big credit card debts -often multiple cards, plenty of hire purchase flash motors I remember, and loads of possession applications by building societies and the local council (i.e. mortgage and rent arrears). Not a very happy time and possibly it's about to happen all over again. Proof that economies are indeed cyclical?

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http://news.bbc.co.uk/1/hi/business/4884158.stm

Government pays for debt advisers

CAB's will get most of the new money for debt advisors
The government is handing out £45m to employ 500 independent debt advisers over the next two years.
The money will be used to help thousands of people gain personal advice in England and Wales on how to cope with their debts.

:lol::lol::lol::lol::lol::lol:

It makes me f*cking spit that I'm helping to pay for that.

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I just want to say how good the CAB are, the advice they give is very good and it's free, they even had a report against the TV licence. Quite a few good solicitors give free legal advice on a referral from the CAB,

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It makes me f*cking spit that I'm helping to pay for that.

Frankly, compared to most government spending this actually looks like a worthwhile use of taxpayers money.

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I dont get the sums....

£45 million

500 workers

2 years

This makes an average salary of £45,000.00

Now with only £25 million gives the average of £20,000 a year (which is more likely i would assume give or take).

So where is the other £20 million going??

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I dont get the sums....

£45 million

500 workers

2 years

This makes an average salary of £45,000.00

Now with only £25 million gives the average of £20,000 a year (which is more likely i would assume give or take).

So where is the other £20 million going??

Who said the money was going just on wages.

What about infrastructure to support the employees?

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So where is the other £20 million going
??

More civil servants to over-see the new CAB people! Gordon has to keep employment numbers up somehow doesn't he :lol:

Gordons experiment at trying to employee everybody looks like it's starting to crumble, look at the NHS - shedding jobs by the day now.

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I have no idea why people hire-purchase cars, you have a rising debt and interest set against a rapidly falling asset, it's the ultimate negative equity.

Somebody on here a couple of weeks back mentioned that they lease-hire their cars, I'd never even considered this as I thought it was just a gloried hire car, however I've looked into it this week and I was amazed how reasonable the prices can be, when offset against the depreciation of buying from new they're actually a great deal if you have a penchant for more expensive cars.

I found Lingscars, the woman is a comic genius! You can hire a Citroen C1 for less than £30 a week including road tax!

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I found Lingscars, the woman is a comic genius! You can hire a Citroen C1 for less than £30 a week including road tax!

That's ace! I'd been thinking about spending a few grand on a used Polo or something - but actuall Ling might be the answer...

Thanks :D

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That's ace! I'd been thinking about spending a few grand on a used Polo or something - but actuall Ling might be the answer...

I've seen a 55 plate polo for about £50 a month, have a dig on Google too.

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Buying Bear - aware that we are now seriously OT...

Thinking about how much an old Polo at £3k is going to depreciate over three years, and how nice it would be to drive a *new* car, any links much appreciated :)

Did Google but I'm a bit bewildered.

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Buying Bear - aware that we are now seriously OT...

Thinking about how much an old Polo at £3k is going to depreciate over three years, and how nice it would be to drive a *new* car, any links much appreciated :)

Did Google but I'm a bit bewildered.

Ling has a 3 door, 2.0 SDI diesel VW Golf that comes to £59 a week (inc vat) based on a 3 year lease, road fund included. I'm thinking of one of these for dear old mother as she informs me that her beloved Polo is making odd exhaust noises, and the brakes scared the hell out of me the last time I drove it.

If you're into your bling then Prestige is worth a look as the depreciation savings seem attractive. Google UK throws up some good results if you throw in the make and model + "lease hire" or "contract hire".

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I dont get the sums....

£45 million

500 workers

2 years

This makes an average salary of £45,000.00

Now with only £25 million gives the average of £20,000 a year (which is more likely i would assume give or take).

So where is the other £20 million going??

Building costs

Putting a PC on their desks,

Stationery,

Security,

IT Staff,

Insurance

etc etc

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http://news.bbc.co.uk/1/hi/business/4884158.stm

Government pays for debt advisers

CAB's will get most of the new money for debt advisors
The government is handing out £45m to employ 500 independent debt advisers over the next two years.
The money will be used to help thousands of people gain personal advice in England and Wales on how to cope with their debts.

:lol::lol::lol::lol::lol::lol:

Is this a subtle signal that they expect interest rates to rise.

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If you're into your bling then Prestige is worth a look as the depreciation savings seem attractive.

No, I wasn't after bling. But having checked out that link I could afford a BMW Roadster at a push. Might be worth it just to piss off/out-motor Mr Vicster :D

But I love him and it would be (expensive and) wrong....

Laurejon;

Agency Fee's most likely Capita

As a government (as opposed to Capita) recruitment specialist don't get me started.

Pensions

not about to get feisty about those - all I can say is that after too many years of shitty, low-paid private sector crap I am very, very grateful that I finally seem to have one. And yes i'll get shirty if anyone tries to take it away...

Edited by vicster

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I have no idea why people hire-purchase cars, you have a rising debt and interest set against a rapidly falling asset, it's the ultimate negative equity.

Got to admit I've never seen the appeal but there did seem to be an awful lot of it back then. Don't know if it's so prevalent now. Not really au fait with motor finance. Never bought anything on credit in my life.

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It's called helicopter money.

The government knows what it is doing. It has to extricate the consumer from its trillion pound debt mountain. The only way it can do this without taking out the entire banking system is to keep throwing lots of money around.

If you want proof, go look at the price of silver and gold.

Edited by Columbo

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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