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Having loaned £2bn to help customers secure a first home last year, the Bank of Mum & Dad is on the brink of collapse. The beleaguered bank yesterday announced high house prices are making it harder and harder to keep up.
A spokeswoman for the bank said, ‘We apologise for any embarrassment caused to customers forced to continue living with us into their thirties. But rest assured, we love you very much.’
The spokeswoman went on to state “Alex – if you are reading this, dinner is in the oven. Text us if you’re going to be home late tonight, love”.
Worried customers can find out more from the Bank of Mum & Dad here.
Commentators are increasingly concerned about the situation, with parents across the country increasingly struggling to keep up. A spokesperson from Shelter stated: “The Bank of Mum & Dad is under real pressure because of out of control house prices. 64% of parents have raided their own savings to help their child get on the ladder or with rent costs. And the Bank of Mum & Dad is having to give £23,000 on average to its customers for a deposit”.
The spokesperson went on to comment “A pay-out from the Bank of Mum & Dad can’t be the next generation’s only chance of affording a home of their own. Politicians need to give back hope to the thousands of people desperate for a stable home by building the affordable homes they are crying out for”.
With housing now a top-five voter issue, politicians are under increasing pressure to provide answers as to how they will tackle the housing shortage. And it an area that’s up for grabs. 1 in 4 voters don’t know which party is strongest on housing – suggesting huge opportunities for whichever party makes a pitch for this area.
With the pace of dramatic change and innovation in the world of technology – from driverless cars to wearable tech – public policy in the UK has lagged behind technological advances. In many respects this is due to the technology industry being more distant from politics in comparison to other public policy concerns like health and transport. Despite Britain having a large and vibrant technologically advanced economy.
Key public policy issues have in the past all enjoyed dedicated zones at the party conferences, with delegates and politicians flocking to hear about the latest advances and discuss hot issues. It’s long overdue that there was such a public forum to bridge the gap between the tech world and the political world. That new forum is TechCentral – a dedicated technology space within the secure zones at Labour, Conservative and Liberal Democrat party conferences, which will be attended by thousands of delegates.
It is unsurprising, given the importance of this year’s conferences ahead of next year’s general election, that TechCentral has secured partnerships with Facebook, Microsoft, EE, and TalkTalk. For example Microsoft will be offering sessions about coding and Facebook will be giving social media training for candidates using blazing fast 4G and wi-fi from EE. Afterwards Talk Talk will have you singing the night away with their X-Factor contest. Many other organisations will also be holding events in the TechCentral venue.
A small number of opportunities for technology related organisations to hold their fringe sessions within TechCentral are still available. For more information about TechCentral, including partnership opportunities, pricing and the current agenda for each party conference, visit TechCentral or for more info email firstname.lastname@example.org.
The UK’s aviation debate presents a very real choice: expand Gatwick and further encourage genuine competition in the market with lower fares for everyone, or move back to a London airport market dominated by a single player and saddle the next generation with higher air fares.
We believe the answer is obvious. Competition between UK airports has benefitted us all with better service and lower fares – expansion at Gatwick would allow this to continue, increasing competition between airports and ensuring that the future of air travel is better for everyone. Find out why Gatwick is the obvious choice for the UK’s next runway here.
The plight of refugees is widely understood, but this is not necessarily the case for Internally Displaced Persons (IDPs). These are people who have been forcibly moved from their homes and lands and who have to live in camps in their own country.
Azerbaijan currently has an IDP and refugee population of around 875,000–equating to nearly 10 per cent of the entire population. This means it has one of the highest displaced person populations per capita in the world. These people are the ongoing casualties of the Armenian occupation of Nagorno-Karabakh and the seven surrounding districts, which represent around 20 per cent of Azerbaijani territory. This military occupation has been condemned by the UN.
Please pledge your support for a petition to rename UN World Refugee Day as UN World Refugee and IDP Day and let’s help them return home.
We support tough new laws on sulphur emissions, but the European Commission admit that the way they are being implemented will have a detrimental impact on the British economy. In fact, figures show that 2000 UK jobs will be lost, and 12 million tonnes of C02 will be emitted unnecessarily.
We are working flat out to comply with new rules by 1st January 2015. But the ‘scrubber’ technology we need has only just begun to work, and when it takes up to 50 days to fit to each ship, the EU should accept that doing a job properly takes time.
If the UK shows leadership, others will follow. So, Mr Cameron, here is your chance.
“The first drops of blood have been spilt. The bullet grazed my cheek, but I haven’t fallen.”
Back-channelling, briefing against colleagues and undermining political rivals – today is an apt day for the release of House of Cards: Season 2 on Blu-ray & DVD. You can order your copy of the must-see television series starring Kevin Spacey here.
Did you think I’d forgotten you…
Extramarital dating site Victoria Milan, have somewhat provocatively launched a new billboard campaign outside UKIP’s Mayfair HQ poking fun at Nigel Farage’s alleged penchant for the ladies. The website offers a discreet social network for men and women seeking a secret affair rather than an in depth discussion of European affairs. Allegedly.
Someone’s found it. And with only a year till the election, they’re giving it away.
Public concern about the housing shortage has doubled over the past six years. It’s the fifth most important issue for voters right now, and the one that could tip the balance come next May.
Put in place a plan to build more homes, and you might just open the door to five years of government. Yet no one has their solutions yet on how to go about it.
Fortunately for them, someone’s done the groundwork.
KPMG and Shelter have created a blueprint for the next government to build the homes we all need. And it’s possible to put in place in a single parliament.
So if you’re looking to move next May, start measuring the curtains now – the key to Number 10 is right here.
In 2004, the Hunting Act was passed which made hunting with dogs for sport illegal in England and Wales. Ever since then those that have wanted to keep hunting have campaigned for a repeal, or overturn, of the ban.
Even though the Coalition Agreement includes a promise for a free vote to repeal the Act, the Government seems intent on amending the Act using a Statutory Instrument (SI), a type of legislation that can be used to push changes through Parliament with less scrutiny than a full vote on repeal would require.
David Cameron knows that a straight vote to repeal the hunting ban would fail in Parliament. Amending an Act is much easier than attempting to overturn it and an abuse of the democratic process. If the SI is approved, this will essentially overturn the ban on hunting wild mammals with dogs, something we cannot allow to happen.
Please contact your MP today and urge them to vote against this devious attempt to bring back cruelty.
David Cameron’s Draft Resignation Letter | Speccie
Labour HQ to Be Demolished | Asa Bennett
Dirty Politics is a Good Thing | Harry Cole
Media Fear and Loathing in Scotland, Labour Next | Owen Jones
UK Top 10 Influencer Political Blogs | Cision
Redwood Exposes Constitutional Vandalism | Nick Wood
No Campaign Has Been Inept | Mail
PM Faces Friday Bloodbath | Mail
Will Miliband Bottle English Devolution? | Mary Riddell
Why Pollsters Could Be Wrong | John McDermott
Cameron Faces Vote of No Confidence or Rebellion | FT
The Prime Minister feels the pressure:
“I have to say that after the events I have been facing over the last few days, assassination would be a welcome release.”