asterisk2a + nic   7

Care contracts cancelled at 95 UK councils in funding squeeze | Society | The Guardian
Ninety-five UK councils have had home care contracts cancelled by private companies struggling to deliver services on the funding offered, an investigation has found.

As a result, a quarter of the UK’s 2,500 home care providers were at risk of insolvency, and almost 70 had closed down in the past three months, according to the BBC’s Panorama programme.

The agencies – which provide help for people living independently at home – also struggled to recruit and retain staff, Panorama reported.

One home care company – Cymorth Llaw in Bangor, Wales – was forced to hand back its contract with Conwy council because it felt unable to provide adequate care with the council’s funding offer of £15 an hour. Ken Hogg, its co-director, told the programme: “We didn’t think we could do it for the money – it was as simple as that.”
adult  social  care  elderly  bedblocking  bed  blocking  Tories  Austerity  STP  NHS  Council  nasty  party  Conservative  health  demand  medical  advances  ageing  population  Rentnerrepublik  demographic  bubble  chronic  sick  UK  western  world  NIC  welfare  state  Privatisation  staff  shortage  EEA  immigration  Brexit 
march 2017 by asterisk2a
Here's Why A Slowdown In Earnings For The Top 1% Is A Problem For The UK - BuzzFeed News
“Fifteen years without a pay rise,” IFS director Paul Johnson said. “I’m rather lost for superlatives. This is completely unprecedented.” [...] If the top earners make less, the government brings in less tax revenue; it’s as simple as that. And with Brexit looming, the exchequer needs to raise all the funds it can.
UK  Budget  wage  growth  Austerity  living  standard  income  social  mobility  productivity  output  gap  Philip  Hammond  Theresa  May  George  Osborne  secular  stagnation  inflation  discretionary  disposable  credit  card  creditcard  household  debt  Consumer  Consumerism  consumerist  materialism  Brexit  London  1%  10%  NIC  welfare  state  underinvestment  gini  Coefficient  Tories  nasty  party  Conservative 
march 2017 by asterisk2a
National Insurance rise 'fair', says PM - BBC News
http://www.bbc.co.uk/news/business-39225522 - She said the decision "was taken in the context of a rapidly changing labour market in which the number of people in self employment is rising rapidly".
The shift towards self employment was "eroding the tax base", she argued.
"Is it fair? I think it is fair to close the gap in contributions between two people doing the same work and using the same public services to make the same contribution to wider society."
'We should apologise'
She said, with other NI changes, "this is a change that leaves lower paid self-employed workers better off" and .
Ministers say those earning £16,250 or less will see their NI contributions fall.
Tories  Budget  welfare  state  Pension  NIC  NI  National  Insurance  Conservative  Party  Self-Employment  gig  economy  1099  adult  social  care  elderly  NHS  DWP  HMRC  Contractor  zero  hour  contract  Theresa  May  Philip  Hammond  Uber  Platform  Capitalism 
march 2017 by asterisk2a
State pension changes: Charity finds 70,000 people won't qualify for pension under new rules | Home News | News | The Independent
Changes to the system coming into effect on 6 April mean that people will need 10 qualifying years to get any new state pension. This is a change from the existing regime which allows people to receive at least some state pension even with only a few years of NICs. [...] Age UK said it supports the aim of a simpler, fairer state pension, acknowledging it should benefit many people with low lifetime earnings due to low pay and caring responsibilities. But the charity is concerned that there are many approaching retirement, particularly women, who do not have a full NI record. [...] "People who haven't built up enough National Insurance can apply for Pension Credit, which works by topping up their other income and provides additional security in retirement.”
pension  pension  scheme  pension  obligation  pension  fund  public  pension  UK  babyboomers  budget  deficit  secular  stagnation  low  pay  low  income  working  poor  Precariat  precarious  work  Zero  Hour  Contract  Contractor  part-time  self-employment  welfare  state  social  safety  net  poverty  in  old  age  NIC  Altersarmut  elderly  care  adult  social  care  retirement  401k  ISA  savings  rate  squeezed  middle  class 
march 2016 by asterisk2a

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