💡We demystify personal finance for millennials 📸 https://xitter.cf/t.co/QtLGmxssV6 📹 https://xitter.cf/t.co/YvxWpTFML7
Joined May 2020
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We’re living in very scary times. The average salary in the U.K. is less than £25k and this is what we have to come 😔
Britons on £45,000 salaries will need government help to pay their energy bills - not just people on benefits, the chancellor has warned trib.al/3g47ilP
What do you think someone’s Disney princess says about their career? Or how much they earn?
Zaynab give her best shot at trying to figure out what Adan does…
#guessmyjob #guessmysalary
Been a minute! We’re back with a new series where we asked our presenters to see if they could guess strangers incomes and jobs:
Full video: linktw.in/VzusYO
I’d really hate to be in the £100-£125k band. Sounds like hell. Hope my employer doesn’t see this and increase my pay to that 😤
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Guessing People's Incomes in London youtu.be/vRRsOaYNsPw via @YouTube
Obviously she just works 10,400 times harder than the average U.K. worker… right? 🫠
Denise Coates, the multibillionaire boss of gambling company Bet365, has collected annual pay and dividends of more than £260m – one of the world’s biggest-ever pay awards but less than the record-breaking £471m she collected in 2020.
theguardian.com/business/202…
Have you ever considered investing into Art? No you don't need to be as rich as Jay-Z.
We talk about how on earth it is that people are making money from investing into Art on our latest Loose Change episode: youtu.be/freB5UlXyAk
Today we’ll be talking live on a number of radio stations about living sustainably amidst the cost of living crisis. Tune in to find out more: Gateway 97.8 @ 10:10 & Wycombe Sound @ 12:15
Chancellor Jeremy Hunt is about to announce the Autumn Budget. Will provide updates on the changes in the thread below 👇🏾
The income tax personal allowance (£12,570) and the higher income tax rate (40% over £50k) will be frozen until 2028. Tax band freezes are seen as stealth tax increases as people will be pulled into them as they receive pay rises, even those just in line with inflation.
The additional tax rate, which is currently 45% tax on earnings over £150,000, will have a reduced threshold of £125,140. This means those earning over £125k will now pay 45% tax on those earnings rather than 40%
If you’ve ever wondered how people get scammed, check out our latest video youtu.be/5JEWjYwvQVQ
At least we’re not paying a lot for our energy 🫠
*BREAKING* National Grid’s chief executive has warned British households to prepare for blackouts between 4pm and 7pm on “really, really cold” weekdays in January and February in the event of reduced gas imports from Europe.
theguardian.com/business/202…
So the new chancellor is scrapping the income tax basic rate cut and scaling back the energy price cap guarantee but is going ahead with removing the bankers bonus cap. Beyond parody at this point
Truss and Kwarteng seeing this
The CEO of Shell has called on the government to tax oil and gas companies in order to protect the poorest people in society from soaring energy costs trib.al/8JbTe0f
Really important point to clear up is that the energy cap does NOT mean that your yearly bill can’t exceed £2,500. The cap is on the price per unit that energy companies can charge, not the total bill. £2,500 represents the average home’s bill over the next year.
The Tories have lost control of the UK economy 🇬🇧🫠 here’s how (so far)👇🏽
1. KK’s mini-budget is biggest tax cutting event since 1970’s 😨
2. The £ has tanked to record low vs $ 😳
3. The IMF has rebuked the UK fiscal policy 😰
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