CritFail
@CritFail@lemmy.world
- Comment on Two in five not saving enough in pension for even basic retirement 4 months ago:
Over 1 million people are on zero hour contracts (1 in 33 UK working age people), which does not mandate employers to auto-enroll. Another 4 million are self-employed, and the majority of them are not saving towards retirement.
That means a potential of 3 million of working age zero and self-employed have nothing saved, a further 2 million from that same pool will likely have less than recommended amount saved.
In the company employed pool, 9% have opted out of the enrollment, so that’s 2.5 million opted out.
In total, about 20% of working age people are not actively saving into pensions (although may save elsewhere). A potential bombshell if that many people become officially destitute in a relatively short space of time.
While the UK has made some steps to try and rectify things (as chancellor, Gordon Brown funded the 2-year commission that recommended auto-enrollment and it has worked well), 14 years of Conservative rule have pet some very nasty employment practices seep in and poison over a decade of pension funding opportunity. Companies are underpaying employees, Government is overtaking employees. Only companies coming out on top and seeing record profits while the country wastes away.
Fingers crossed, intervening on this is high on Kier’s priorities because our current unfettered capitalist model is a complete mess.
- Comment on Timpson CEO resigns to focus on new prisons minister role - Retail Gazette 5 months ago:
Martin Lewis for a finance advisory appointment next please.
- Comment on Liz Truss loses seat as ex-prime minister becomes biggest scalp in Tory bloodbath 5 months ago:
By the sound of it, you already know the answer to that.
- Comment on Farage urges Zelenskiy to seek Ukraine peace deal with Russia 5 months ago:
Twat is too nice a word for this malodorous leaky sack of fox shit.
- Comment on GDP: UK economy fails to grow during wet April 6 months ago:
Who could have forseen showers in April?!
- Comment on England set to miss post-Brexit targets to clean up rivers by 2027 7 months ago:
As he has intentionally finely tuned his public persona to be the embodiment of Dickensian aristocratic psychopathy, I don’t think your hatred is irrational.
- Comment on Eurovision loses almost a quarter of UK viewers compared with 2023 7 months ago:
I suppose that is a fair comment and a possible reason, along with those who boycotted the event will have diminished all votes going to other acts.
I still think there is a likelihood that Israel tried to play the game on public votes, because it would be a minimal spend for a big PR boost for them. Having a big Israeli company sponsor bought them a lot of the judge votes, then this move would have topped it up. It was just my initial thought when the 300+ points came up. The majority of the crowd did not take that well, along with all of the other stories about booing at the semis, the canned applause on the TV coverage to cover it up, the vote swing just seemed like too big a massive juxtaposition to global sentiment for it to carry weight.
- Comment on Eurovision loses almost a quarter of UK viewers compared with 2023 7 months ago:
I’m waiting on the news story uncovering the voting farms funded by the Israeli government, wanting to parallel the Ukraine 2022 result to claim vindication for their ongoing genocide of the Palestinians. Disgusting.
- Comment on AI ‘apocalypse’ could take away almost 8m jobs in UK, says report 8 months ago:
For many, the worry will be that it will take away thousands of high paying jobs and replace them with significantly lower salaried, or even minimum wage jobs. People have bought houses, had children, and generally made life plans based on the premise their vocation could support that lifestyle. The Government need to provide support and retraining to try and prevent these events because they are good for no-one except bad actors and vulture capitalists.
- Comment on Princess of Wales says she is undergoing cancer treatment - BBC News 8 months ago:
Someone getting cancer treatment in a timely manner should not be the news. A third of patients, over 100,000 people, currently wait over 62 days to start treatment. She managed to get care within about 4 weeks.
She is a person and this will be a hard time for her personally, but far, far worse outcomes are being inflicted on people just as deserving of life-saving treatment due to their lowly standing in society.
www.bbc.co.uk/news/health-68240096
- Comment on What is going to happen when people realize climate change is rolling in? 1 year ago: