Felicity Hannah Yahoo! Finance's money-saving columnist published Can you survive on the minimum wage? In December, I recently read the article and found some interesting facts which I think I'll be thinking about when I'm looking at cutting my budgets.
Felicity Hannah says "If you're working a 35-hour week on the new minimum wage, you'll earn just over £11,000 a year - or £212 a week" however what she does not mention is that £212.80 will be the Gross Wage, £14 of which will be paid as Tax and the National Insurance Contributions on that salary would be £9 therefore the Take-home pay would only be £190. If someone on the Minimum Wage had to repay a Student Loan they wont be contributing to that at this stage as they were under the threshold however they could have a Pension to contribute to.
Last month I sent the letter below to my local MP.
Dear Shabana Mahmood MP,
The recent EU Summit was a shock as much as it was a blow. The Prime Minister's decision to veto a Treaty to reform the Eurozone came as a surprise and its consequences were felt at home as well as across the EU. The effects of the Prime Minister's decision have indeed been negative both for the EU as a whole and UK's position within it.
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Back in September I made a submission to the Joint Committee of the Draft House of Lords Reform Bill using the form on Unlock Democracy's website. I have copied my submission below.
A smaller chamber of 300 members would be great to start with but it would be good if the size of the reformed second chamber was limited to half size of the House of Commons so any future reduction in the size of the House of Commons would lead to a reduction in the size of the reformed second chamber.
In his keynote speech to the Liberal Democrat Conference, Party Leader and Deputy Prime Minister Nick Clegg has outlined his goals for the Government and the country over the coming years. He reiterated his commitment to liberal values on the environment and human rights and his determination to ensure a fair chance for every child, saying "every child can do good things, great things, if only we give them the opportunities they deserve."
I am writing to ask that you support the campaign to scrap the Strasbourg sessions of the European Parliament.
Thankfully the number of wasteful trips to Strasbourg have been cut from next year by merging two sessions into one week, now politicians in all countries need to back the 'One Seat Campaign' to ensure this circus, farce and shambles ends all together.
I hope that you will work with other politicians to put pressure on the French government to stop resisting moves to hold all the Parliament's sittings in Brussels. Due to the foolish, irresponsible and juvenile resistance of the French government a huge second Parliamentary complex has been built which does no favours to the EU reputation as a bureaucratic gravy train.
On 5th May you have a choice. You can keep the discredited First Past the Post system to elect our MPs, or you can choose a new and fairer system - Alternative Vote (AV). Back the campaign for change at www.YesToFairerVotes.org
I recently came across this article The World in 2011 which got me thinking about what I am looking forward to in 2011 and how our world may change in 2011.
As the article mentions I guess a major change that will come in 2011 will be China overtaking America as the biggest manufacturer however I don't think we will see the real consequence of this in 2011, the consequence of this we will only start to notice in years to come. As the article mentions China could find itself being overtaken by India in economic growth and again we may not see the real consequences of this in 2011 but in the years to come.
I recently compiled a list of websites which could be useful for anyone who has addiction issues relating to alcohol, drugs or tobacco.
Please find below links to websites which may have some information, advice and guidance which you may find useful if you are having any issues relating to alcohol, drugs or tobacco.
