Nationalised childcare to get more people working/decrease gender pay gap

Nationalise childcare so that single parents can get off Income Support/JSA and into work. In 2004 the UK came 20th in nationalised childcare out of 23 European countries studied, trailing Turkey and Greece. Right now we have a lot LESS nationalised/subsidised childcare places than we did in WW2!

Why is this idea important?

Nationalise childcare so that single parents can get off Income Support/JSA and into work. In 2004 the UK came 20th in nationalised childcare out of 23 European countries studied, trailing Turkey and Greece. Right now we have a lot LESS nationalised/subsidised childcare places than we did in WW2!

Local Housing Allowance

As a Landlord I am increasingly dumstruck at the previous governments idea to give tenants control over the housing benefit that they receive. This is simply not working. The tenants are receiving £300-£400 per month and not passing it on to the Landlords. This causes them problems paying for their buy to let mortgages and in turn causes Landlords to evict tenants who in turn start the whole process again. They fraudilently take money off the government, spend this on whatever they want and the Landlord is left out of pocket. I rang a tenant last week to see when she was going to pay her rent and she was in Spain!! How can she afford to go on holiday to Spain? She has enjoyed 2 weeks in the sun, come back, packed up some of her stuff, left the house a mess and has done a moonlight. This should never have happened. They cannot look after large amounts of money. Christmas time is a nightmare. They receive £400 a couple of weeks before Christmas and you honestly expect them to pass on this money. It does not happen. They have a jolly good time 

Why is this idea important?

As a Landlord I am increasingly dumstruck at the previous governments idea to give tenants control over the housing benefit that they receive. This is simply not working. The tenants are receiving £300-£400 per month and not passing it on to the Landlords. This causes them problems paying for their buy to let mortgages and in turn causes Landlords to evict tenants who in turn start the whole process again. They fraudilently take money off the government, spend this on whatever they want and the Landlord is left out of pocket. I rang a tenant last week to see when she was going to pay her rent and she was in Spain!! How can she afford to go on holiday to Spain? She has enjoyed 2 weeks in the sun, come back, packed up some of her stuff, left the house a mess and has done a moonlight. This should never have happened. They cannot look after large amounts of money. Christmas time is a nightmare. They receive £400 a couple of weeks before Christmas and you honestly expect them to pass on this money. It does not happen. They have a jolly good time 

Reform of the unfair method used to calculate assumed income applied to savings

For claimants on means tested benefits there is a threshold beyond which savings effect allowance.  This begins at £6,000.  The maximum allowed is £16,000.  Regardless of how much money is actually received, the assumed income from savings is calculated at £1 a week for every £250 (or part thereof) of capital above the £6,000 lower threshold or £2 for anyone on pension credit.  This gives a notional interest rate of 20.8% for anyone not entitled to pension credit.  When has any bank ever paid an interest rate of 20%?  On the upper limit of savings this would give net annual income from interest of £3328 or £64 a week on the full £16,000 or £2080 (£40/week) on the £10,000.

OK there comes a point where savings are of such a level that interest payments go way beyond the benefit entitlement.  And the goverment is not in the business of providing a legacy but it doesn't take very long to get through £10,000 at today's prices and they are, in effect, willing to pay in retrospect for the spendthrift's foreign holidays and sky TV channels.  Why then punish those who have made the effort?

I know that it isn't that long since the figures were revised but that revision didn't go far enough.  There needs to be better correlation between actual and assumed income.  The problem of basing the calculation on actual income would come, of course, from the various and variable interest rates available.  However, using the basic (or even the highest) rate paid by the National Savings Bank – or even the highest paid by the high street banks (currently 6% for the top ISA) as of the beginning of the financial year, would at least allow those responsible citizens gleen some benefit from their husbandry.

Why is this idea important?

For claimants on means tested benefits there is a threshold beyond which savings effect allowance.  This begins at £6,000.  The maximum allowed is £16,000.  Regardless of how much money is actually received, the assumed income from savings is calculated at £1 a week for every £250 (or part thereof) of capital above the £6,000 lower threshold or £2 for anyone on pension credit.  This gives a notional interest rate of 20.8% for anyone not entitled to pension credit.  When has any bank ever paid an interest rate of 20%?  On the upper limit of savings this would give net annual income from interest of £3328 or £64 a week on the full £16,000 or £2080 (£40/week) on the £10,000.

OK there comes a point where savings are of such a level that interest payments go way beyond the benefit entitlement.  And the goverment is not in the business of providing a legacy but it doesn't take very long to get through £10,000 at today's prices and they are, in effect, willing to pay in retrospect for the spendthrift's foreign holidays and sky TV channels.  Why then punish those who have made the effort?

I know that it isn't that long since the figures were revised but that revision didn't go far enough.  There needs to be better correlation between actual and assumed income.  The problem of basing the calculation on actual income would come, of course, from the various and variable interest rates available.  However, using the basic (or even the highest) rate paid by the National Savings Bank – or even the highest paid by the high street banks (currently 6% for the top ISA) as of the beginning of the financial year, would at least allow those responsible citizens gleen some benefit from their husbandry.