Author Topic: Financial matters  (Read 129179 times)

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Offline SteveH

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Re: Financial matters
« Reply #315 on: January 01, 2017, 10:57:24 am »
The countdown to the historic new £1 coin officially begins today, as Chief Secretary David Gauke has revealed it will enter circulation on 28 March 2017.

With three months to go, the Government is launching a campaign to help raise awareness and encourage the public to return the round £1 coins.
Around £1.3 billion worth of coins are stored in savings jars across the country, and the current £1 coin accounts for almost a third of these.

Therefore it is important that all round £1 coins are returned before 15 October 2017 when they lose their legal tender status.
The new 12-sided £1 will be the most secure coin in the world. It boasts several new security features, including a hologram, to prevent counterfeits, which cost taxpayers and businesses millions every year.
http://www.dailypost.co.uk/business/business-news/1-coin-your-pocket-not-12389749

Offline Ian

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Re: Financial matters
« Reply #316 on: January 01, 2017, 11:02:42 am »
I wonder if all the supermarket trolleys will have to be refitted?
Nothing is so firmly believed as that which we least know.  ― Michel de Montaigne

Si hoc legere scis, nimis eruditionis habes.


Offline SDQ

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Re: Financial matters
« Reply #317 on: January 01, 2017, 11:48:11 am »
I wonder if all the supermarket trolleys will have to be refitted?


Considering how much it would cost it may be more prudent to change to using tokens similar in shape/size to the old one pound coin if the new ones don't work.
Valar Morghulis

Offline Fester

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Re: Financial matters
« Reply #318 on: January 01, 2017, 03:46:07 pm »
I wonder if all the supermarket trolleys will have to be refitted?


Considering how much it would cost it may be more prudent to change to using tokens similar in shape/size to the old one pound coin if the new ones don't work.

Loving your new Avatar pic, SDQ!   :laugh: :laugh:
Fester...
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Offline SteveH

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Re: Financial matters
« Reply #319 on: January 17, 2017, 01:14:44 pm »
New Laws for Wales in 2017 and how they will impact YOU

From pay to car tax, we take a look at the new rules coming into force over the next 12 months.
From April 1, minimum wage workers will see a substantial boost to their pay.
At £7.50 an hour for over 25s, the rate will go up by 30p compared to last year.
There will be smaller increases for 18-20 and 21-24 year olds, to £5.60 and £7.05 respectively.

Car tax.....Child car seat alterations....smokers.......
Full article......http://www.dailypost.co.uk/news/new-laws-wales-2017-how-12465554


Offline SteveH

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Re: Financial matters
« Reply #320 on: January 27, 2017, 10:57:03 am »
The paper £5 note will stop being legal tender after this date....05.05.2017
People are being urged to check money boxes and wallets to ensure the notes are spent or changed.
http://www.dailypost.co.uk/business/business-news/old-5-note-stop-being-12515018

Offline SteveH

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Re: Financial matters
« Reply #321 on: February 22, 2017, 10:41:56 am »
These are the 10 most valuable £1 coins in circulation today...do you own any of them?

The new 12-sided £1 coin is set to launch next month and people have until October 15 to spend the current quids in circulation.
The Government is launching a campaign to help raise awareness and encourage the public to return the round £1 coins.
But there may be a few coins worth keeping hold of as money experts changechecker.org say certain ones could be worth up to £50 in the coming years.
Here are the 10 rarest £1 coins currently in circulation.

Scotland: Edinburgh City (2011)
Wales: Cardiff City (2011)
England: London City (2010)
Scotland: Thistle & Bluebell (2014)
UK: Crowned Shield (1988)
UK: Rose and Oak (2013)
N.I.: Flax & Shamrock: (2014)
Wales: Daffodil & Leek (2013)
N.I.: Belfast City (2010)
Scotland: Lion Rampant (1994

http://www.dailypost.co.uk/business/business-news/10-most-valuable-1-coins-12639070

Offline SteveH

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Re: Financial matters
« Reply #322 on: August 22, 2018, 03:16:15 pm »
Business owners have urged the Welsh Government to give small traders in Wales a "fighting chance" by matching the rate relief offered to firms in England.    REFR D Post.
https://www.dailypost.co.uk/business/business-news/caernarfon-business-owners-plea-fighting-15057645


The petition needs some help only 18 so far, the playing field needs leveling. be interesting to see how many bother to get on board.

e-Petition: Small Business Rates Relief Review

"We call on the Welsh Government to revise the small business rates relief system so that businesses with a rateable value of £10,000 or under should receive a 100% discount. Furthermore, any small businesses with a rateable value of between £10,000.01 and £20,000 receive a discount/relief on a tapered scale system of between 0 - 100%.
Currently the small business rates relief in Wales, only offer 100% discount to any business with a rateable value of under £6000. Where as in England, small businesses with a rateable value of under £12,000 receive a 100% discount."
 

https://www.cynulliad.cymru/en/gethome/e-petitions/Pages/petitiondetail.aspx?PetitionID=1387

Offline Cambrian

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Re: Financial matters
« Reply #323 on: August 22, 2018, 03:42:22 pm »
It might be interesting to know the comparative rateable values of a chippy in Caernarfon with one of a similar size, say, in Beaconsfield.

Offline SteveH

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Re: Financial matters
« Reply #324 on: October 23, 2018, 11:23:22 am »
I always feel let down when I read pieces like this, I am still living in the "good old days" of buy British, it is a global market place now, but I still think we could be doing better.

Dyson chooses Singapore for new electric car plant.
T
he company will break ground on its new factory in Singapore later this year with the first car scheduled to roll off the production line in 2021.

Dyson said the decision was based on the availability of engineering talent, regional supply chains and proximity to some key target markets.   
The company has previously said it will commit £2bn to the project, including £200m to be spent in the UK on research and development and test track facilities - much of which has already been spent.
Dyson insisted the decision to locate production in Asia, rather than the UK, had nothing to do with Brexit.

REF BBC....   https://www.bbc.co.uk/news/business-45950377

Offline mull

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Re: Financial matters
« Reply #325 on: October 23, 2018, 06:08:17 pm »
That's it---------- Mr Dyson is one of UKs Brexit supporters.

We are all doomed !

Offline SteveH

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Re: Financial matters
« Reply #326 on: October 05, 2019, 03:31:56 pm »
One in five contactless payments to be blocked after new EU law comes into force
The new 'strong customer authentication' law was introduced last month but will be rolled out over an 18-month period

https://www.dailypost.co.uk/news/north-wales-news/one-five-contactless-payments-blocked-17037403

Offline SteveH

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Re: Financial matters
« Reply #327 on: January 26, 2020, 11:10:33 am »
Another step on the slippery slope............

At the end of your online shop, you may have noticed a new way to pay. It's not a bank card, it's not store credit. And it's quick; just a couple of clicks.

So-called "buy now, pay later" services allow customers to either delay the whole bill for their chosen item, or split the cost into a clutch of equal instalments, interest-free.

Despite growing calls from debt charities about these products adding pressure to Britain's multi-billion pound debt pile, UK financial regulators have no plans to investigate them.    cont  https://www.bbc.co.uk/news/business-51195759

Offline SteveH

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Re: Financial matters
« Reply #328 on: February 02, 2020, 02:19:08 pm »
A joke from the past, 70s I think ..... Customer proffers cash to the checkout assistant, who reply's "How quaint "  time is marching on.

'I wasn't allowed to buy my burrito with cash'

https://www.bbc.co.uk/news/business-51214832

Offline Blongb

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Re: Financial matters
« Reply #329 on: February 03, 2020, 12:36:14 pm »
A joke from the past, 70s I think ..... Customer proffers cash to the checkout assistant, who reply's "How quaint "  time is marching on.

'I wasn't allowed to buy my burrito with cash'

https://www.bbc.co.uk/news/business-51214832

It's a very good way for the owners/managers of businesses to remove the temptation of the staff to help themselves to cash that doesn't belong to them.
Quot homines tot sententiae: suus cuique mos.
(There are as many opinions as there are people: each has his own view.)