Best and simplest chart I've seen on the increasing cost of the triple lock increases on state pensions. Especially since 2020. If the orange line is the rising cost of living, and the dark blue line is the rising earnings of those who have to pay for the state pension, then

And probably fair to say AR is at fault for not having specifically asked someone with trusts/tax/stamp duty expertise. Should we expect a "normal person" to do that? Probably not. Should we expect the DPM, after a previous tax scrape? I think yes.

Here’s what our lovely childminder had to say about the birthday cake ban.

Feel like @cjsnowdon would have answers to this

Found out today that the Government is banning us from sending certain foods in our son’s lunchbox for “safeguarding” reasons. They’re also banning childcare providers from giving toddlers birthday cake on their birthdays. Banning it. They’re banning Birthday cake.

Starmer hiring three Treasury types & economists to his team is an interesting move. Almost as though he's expecting economic issues to soon become so big that they will be a Prime Ministerial concern not just a Chancellor concern.

Nice reminder of why its unfair to create new, additional private pension taxes

@edgreav reads some of the angry comments he received on a recent article in @thetimes about the state pension and considers some of the issues they raise, plus what can be done to fix the growing intergenerational funding crisis. #statepension #pensions #personalfinance #taxes

The bubble hasn't officially burst until zuck renames Facebook, pardon Meta, to AI

I agree with John. A proportional property tax would be a huge improvement on the current Stamp Duty and Council tax combination. Devil in the (transition) detail but all parts of the economic and political spectrum should welcome this potential change.

The state of the 30yr gilt yield tells you all you need to know what people think of the Govt's plans to hoover up as much wealth as it can from the island instead of trying to act with something like fiscal responsibility.

People don't like paying tax and will look for ways to not pay it. We have entire industries dedicated to serving that desire. You can close the loopholes but people will just look for other ones.

The idea that financial advisers deliberately hawk pensions for tax avoidance is for the birds. People get given pensions then have to decide what to do with them. The kafkaesque complexity of the system that the Government is responsible for is what sells financial advice.

Why is the 30-yr yield spiking such a mystery? Maybe, just maybe, the market is telling us that it no longer believes the state can meet its long-term future liabilities - in a way so fundamental that it is becoming existentially apparent on a graph pricing that potential risk.

They're all wrong and the choices in the poll are also wrong. It was in the run up to the GFC when rates were too low and capital surged toward western economies. We got an asset price explosion and basically everything else bad as a result. https://t.co/bA74rIKb68

‘Social media platforms have for years been speeding up our sense of time — effectively shortening our lives.’ Is it too late to escape? @G_S_Bhogal 👇 https://t.co/l2q9Jxb15j

Imagine my surprise finding out my wife's workplace pension age is pegged to her state pension age. It's barbarous - especially when the age just going to go higher and higher...

It's completely in-built to our economic model. What is broken is real wage growth and GDP per capita.

With thanks to @Moneyfactscomp for the neat and tidy table