Bring back the student’s jobs, please.

Tony Blair, was showing off to India, and he let the British companies, that are registered here, and do their business here, to take their jobs to India and the Far East. Before this, back in the day, our British children and students and graduates used to get call centre jobs and they used to save up money, and then get their own house, easily. Now, there are no more of these jobs and many of our children and students and graduates are unemployed and are unable to buy their own house. You should make a law to force all of those companies bring back their jobs and call centres here. If they don't you should cancel their licenses to practice. If you do this, the economy will become strong and the money will flow. Indians do not understand what we Britons tell them over the phone. Indians also trouble our Muslim people here in Britain. They know Muslim names and they trouble them as they find out from their names.

Why is this idea important?

Tony Blair, was showing off to India, and he let the British companies, that are registered here, and do their business here, to take their jobs to India and the Far East. Before this, back in the day, our British children and students and graduates used to get call centre jobs and they used to save up money, and then get their own house, easily. Now, there are no more of these jobs and many of our children and students and graduates are unemployed and are unable to buy their own house. You should make a law to force all of those companies bring back their jobs and call centres here. If they don't you should cancel their licenses to practice. If you do this, the economy will become strong and the money will flow. Indians do not understand what we Britons tell them over the phone. Indians also trouble our Muslim people here in Britain. They know Muslim names and they trouble them as they find out from their names.

Raise or scrap limits on maximum investment by individuals in co-operative businesses.

The maximum legally-permitted investment by an individual in a co-operative business is currently £20000.

My idea is to raise this limit, either to a higher fixed value, or annually in a way which is index-linked to the cost of living; or to scrap this limit altogether.

Why is this idea important?

The maximum legally-permitted investment by an individual in a co-operative business is currently £20000.

My idea is to raise this limit, either to a higher fixed value, or annually in a way which is index-linked to the cost of living; or to scrap this limit altogether.

Fossilised studentification

The HMO planning policy introduced by Labour as affects so called 'studentification' has already been reduced by this new government, but there are still Article 4 uses of the regulations that need to go.

This NIMBY policy creates 'fossilised studentifcation' in that once those who have a protected monopoly in an area for their own HMO, they are not going to let it go back to family usage. It discourages competition and investment and creates a false market.

The regulation lacks other mechanisms – e.g., council or housing association accommodation designed for families, or proper investment in purpose built student accommodation.  Note that neither of these solutions incur a long term cost as they bring in rents too.  Universities, councils and investment enterprises are quite capable of addressing this themselves without artificial social engineering as is attempted by these regulations.

It also disadvantages home owners who wish to let out their home on a periodic or medium term basis. This restriction can actually be a disincentive for families to move into an area.  It also affects house prices in a way that is unfair to families – lowering the price by restricting the sales possibilities in an area where adjacent properties are fossilised into being HMO lets by this regulation.

The term 'studentification' is a pejorative which is underserved.  The argument that the area goes quiet when student leave is not much of an argument.  It probably originates with a few shop owners who do quite nicely when the students are there, but want a bit more business when they are not. Anyway,  it's nice when it goes quiet!

This policy is ill-thought out and an undue interference.  Get rid of it please.  We don't need it.

Why is this idea important?

The HMO planning policy introduced by Labour as affects so called 'studentification' has already been reduced by this new government, but there are still Article 4 uses of the regulations that need to go.

This NIMBY policy creates 'fossilised studentifcation' in that once those who have a protected monopoly in an area for their own HMO, they are not going to let it go back to family usage. It discourages competition and investment and creates a false market.

The regulation lacks other mechanisms – e.g., council or housing association accommodation designed for families, or proper investment in purpose built student accommodation.  Note that neither of these solutions incur a long term cost as they bring in rents too.  Universities, councils and investment enterprises are quite capable of addressing this themselves without artificial social engineering as is attempted by these regulations.

It also disadvantages home owners who wish to let out their home on a periodic or medium term basis. This restriction can actually be a disincentive for families to move into an area.  It also affects house prices in a way that is unfair to families – lowering the price by restricting the sales possibilities in an area where adjacent properties are fossilised into being HMO lets by this regulation.

The term 'studentification' is a pejorative which is underserved.  The argument that the area goes quiet when student leave is not much of an argument.  It probably originates with a few shop owners who do quite nicely when the students are there, but want a bit more business when they are not. Anyway,  it's nice when it goes quiet!

This policy is ill-thought out and an undue interference.  Get rid of it please.  We don't need it.

Tax-free investment in UK-based small/new high-tech companies

Individuals or groups can invest in new (less than three years old?) or small (less than 25 employees?) companies that are based in the UK. Where investments are in companies founded on UK patents (from UK Universities?), those companies can claim the tax back, just like charity gift aid.

Investing groups might be pension funds, but maybe the amount they can invest might be limited (per company).

All profits on the original investment are tax free. Subsequent investments are tax-free too, as long as the company is still young/small.

Why is this idea important?

Individuals or groups can invest in new (less than three years old?) or small (less than 25 employees?) companies that are based in the UK. Where investments are in companies founded on UK patents (from UK Universities?), those companies can claim the tax back, just like charity gift aid.

Investing groups might be pension funds, but maybe the amount they can invest might be limited (per company).

All profits on the original investment are tax free. Subsequent investments are tax-free too, as long as the company is still young/small.

Financial Education – Free to be Rich

Let us have the liberty and encouragement to become rich.

I would like to suggest the first step in achieving this is by adding to our academic and professional education, financial education.

Can I give an example of the absurdity of our government budgetary system. A department is given a budgetary spend for a year. Suppose by a combination of efficiency savings, good management and even delay of some projects it under spends its budget and maintains or even improves its services. What is the reward? The budget is cut for the following year.

In his bestselling book Rich Dad Poor Dad (which if you haven’t read you should) Robert Kiyosaki describes some of the content of a sensible financial education.

We need to radically change our education system so it includes financial education of the type proposed in this book and others, including supporters in this country. Our schools do not cover subjects like banking, credit, good debt and bad debt, is a home an asset or a liability? Is it best to have a job or be self employed than to run is business which leverages our time or to invest and leverage both time and money? Should one specialise or diversify in investment? Do you know that the rich pay less tax than the middle classes? How can you join the rich? Do you know that most rich people plan to save, invest and give before their expenses rather than with what is left? why?

If more of us knew how to become rich and could become rich and understood more of the consequences of the last decades economic changes we would be able to extricate ourselves from our difficult economic situation more easily.

Why is this idea important?

Let us have the liberty and encouragement to become rich.

I would like to suggest the first step in achieving this is by adding to our academic and professional education, financial education.

Can I give an example of the absurdity of our government budgetary system. A department is given a budgetary spend for a year. Suppose by a combination of efficiency savings, good management and even delay of some projects it under spends its budget and maintains or even improves its services. What is the reward? The budget is cut for the following year.

In his bestselling book Rich Dad Poor Dad (which if you haven’t read you should) Robert Kiyosaki describes some of the content of a sensible financial education.

We need to radically change our education system so it includes financial education of the type proposed in this book and others, including supporters in this country. Our schools do not cover subjects like banking, credit, good debt and bad debt, is a home an asset or a liability? Is it best to have a job or be self employed than to run is business which leverages our time or to invest and leverage both time and money? Should one specialise or diversify in investment? Do you know that the rich pay less tax than the middle classes? How can you join the rich? Do you know that most rich people plan to save, invest and give before their expenses rather than with what is left? why?

If more of us knew how to become rich and could become rich and understood more of the consequences of the last decades economic changes we would be able to extricate ourselves from our difficult economic situation more easily.

Abolish Statements of Investment Principles

The requirement for a pension scheme to prepare and maintain a Statement of Investment Principles (SIP) is contained in Section 35 of the Pensions Act 1995.  This Section should be repealed.

Why is this idea important?

The requirement for a pension scheme to prepare and maintain a Statement of Investment Principles (SIP) is contained in Section 35 of the Pensions Act 1995.  This Section should be repealed.