Cyril Haearn wrote:Free travel might be worthwhile in London, but in some small towns there is one bus that calls at all the schools, hospitals etc, often one could walk quicker from A to B
It'd have to be a very slow bus to be slower than my mum.
Public transport should be a service, not a profit making exercise. Run as a service it might be possible to have TWO buses...
Cyril Haearn wrote:Free travel might be worthwhile in London, but in some small towns there is one bus that calls at all the schools, hospitals etc, often one could walk quicker from A to B
It'd have to be a very slow bus to be slower than my mum.
Public transport should be a service, not a profit making exercise. Run as a service it might be possible to have TWO buses...
when I down near the New Forest staying at a YHA there a couple if years ago I noted the local bus was just once a day once a week to the nearest town just 10 miles away......Thats the home counties southern England.
Cyril Haearn wrote:Free travel might be worthwhile in London, but in some small towns there is one bus that calls at all the schools, hospitals etc, often one could walk quicker from A to B
It'd have to be a very slow bus to be slower than my mum.
Public transport should be a service, not a profit making exercise. Run as a service it might be possible to have TWO buses...
when I down near the New Forest staying at a YHA there a couple if years ago I noted the local bus was just once a day once a week to the nearest town just 10 miles away......Thats the home counties southern England.
That's a wealthy area with high car ownership.
'Give me my bike, a bit of sunshine - and a stop-off for a lunchtime pint - and I'm a happy man.' - Reg Baker
The current Mayor of London [Sadiq Khan] had effectively bankrupted TfL before coronavirus had even hit and left a massive black hole in its finances. Any need to make up that deficit is entirely down to him, it is entirely his responsibility.’
– Boris Johnson on the TfL deficit during PMQs.
‘The PM has lied to the House of Commons. Before Covid-19 I was fixing his mess at TfL – reducing the deficit by 71 per cent since 2016. Covid-19 is the sole cause of TfL’s challenges.’
– London Mayor Sadiq Khan responding to Boris’s comments on TfL.
The Mayor will reply on LBC at 4pm
seems like Boris left a deficit of £1.5bn that Sadiq reduced to a 200 million( some say £500m) and was on target to make a profit before the pandemic. 100% proof that Johnson is either trump-mad or a trump-liar. Really sad. Johnson has lied on the floor of the Commons, a serious offence? I hope the Labour leader holds Johnson to account, so we find out the truth.
The UK's capital city used to get grants from the government, amounting to £700m a year.
This all changed in 2015 when Mr Johnson, as London mayor in the final full year of his term, and then-Chancellor George Osborne agreed to phase out this government operating grant.
Mr Johnson enjoyed two consecutive stints as mayor of London, between 2008 and 2016. A TfL report published a month before he left office showed TfL had a nominal £9.148bn of debt.
Three years later, about 12 months before coronavirus hit the UK, TfL published new accounts showing its nominal debt had increased to £11.175bn in real terms - stripping out the effect of rising prices or inflation.
PM blames London mayor for TfL 'bankruptcy' ( His ref to fare freeze a red herring as it was funded from efficiency improvements) ..Mr Khan responded by calling the PM a "liar" and said he had cut the operations deficit, left by Mr Johnson when he was mayor in 2016, by 71%. (https://www.bbc.co.uk/news/uk-england-london-54624961)
( no explanation of the increase under Sadiq unless a later ref to Crossrail or the two claims?)
thirdcrank wrote:Combine your marginal rate of income tax with your NI contributions to calculate your true tax rate. Ever since the dead sheep, it's been higher than many people believe
Quite. NI used to be a fixed rate "stamp". Then earning related pensions and dole money were introduced so NI became earnings related which was fair enough. Earnings related dole and pensions have now stopped but the earnings related NI remains - a tax by another name and one which the employer also pays.
And the last 2% of employee NI contribution has no cap, so is essentially income tax. A clever wheeze dreamt up by Gordon IIRC.
NB the second is from the PoV of the state not the individual.
Jonathan
Not really the case that the max UK income tax rate is only 45%. For income over 100k the personal allowance falls by £1 for every £2 earned (to a minimum of zero IIRC), which is an obscure way of saying that in that range of earnings the marginal rate is 60%
NB the second is from the PoV of the state not the individual.
Jonathan
Not really the case that the max UK income tax rate is only 45%. For income over 100k the personal allowance falls by £1 for every £2 earned (to a minimum of zero IIRC), which is an obscure way of saying that in that range of earnings the marginal rate is 60%
Technically it would be:
£12,500 taxed at 40% (personal allowance) = £5,000 £25,000 taxed at 40% = £10,000 £25,000 taxed at 2% NI = £500 £25,000 taxed at 13.8% NI = £3,450
