Archive for the ‘News’ Category

Everyone has a room that has just become a dumping ground for bikes and old boxes or DVD players.

Which rooms are the most used in your house, and which are wasted?

According to Ocean Finance, the dining room has become extinct, what do you think?

Most used room

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The government is trying to boost the housing market with the Help to Buy equity loan scheme.

The scheme  offers an interest-free loan for five years from the government that boosts a borrower’s 5 per cent deposit by up to 20 per cent for a mortgage on a new build property worth up to £600,000.

Once that five years is up borrowers will start to pay a low rate of interest on their loan, starting at a rate of 1.75 per cent, and eventually pay back the capital they borrowed when they sell the house.

Whatever side of the housing bubble fence you sit on, the government stats show this scheme is boosting lending.

The first table below shows the number of loans since the scheme launched last April up to September.

Help to Buy loan states for April to September

Help to Buy loan states for April to September

The department for local communities and government released new data in early February 2014 to show even more homebuyers had used the scheme up to the end of January.

But wait at a minute? That column on the right hand side of the table below is exactly the same as the one above?

Help to Buy loan stats for April 2013 to January 2014

Help to Buy loan stats for April 2013 to January 2014

I phoned the DCLG press office who then had to check with a statistician to see if I was correct in saying the percentage figures were wrong. It was no suprise 15minutes later to be told the column was in fact incorrect.

Lets hope this government department isn’t using the same statistician for business rates and council tax!

Bitcoins: Welcome to the future

Posted: November 28, 2013 in News

I put £10 into a Bitcoin ATM in the summer and it is now worth £100.

Read my blog and vote below on whether this cryptocurrency could become a viable investment and form of payment

http://www.thisismoney.co.uk/money/comment/article-2514906/My-Bitcoins-grown-10-100-months-time-cryptocurrency-seriously.html

A very interesting (if hopeful) infographic from Mycurrencytransfer.com on how much you could pay to watch England go all the way in Brazil next year

The Cost To Watch England Win The World Cup In Rio

Made by MyCurrencyTransfer.com

Is Crosby’s Sir-cumcision enough?

Posted: April 10, 2013 in News

What do James Crosby and John Lennon have in common? Both have received honours and later handed them back.

That is where the similarity ends.

http://www.ftadviser.com/2013/04/10/opinion/blogs/is-crosby-s-sir-cumcision-enough-izVOGUagw6lNP01iCCxtCP/article.html

 

 

 

A right royal rumpus

Posted: December 13, 2012 in News

This is outstanding. A rare glimpse of the Queen’s politics.

Click here for a royal view of financial regulation

Food glorious food

Posted: December 9, 2012 in News, Uncategorized

My wife recently spent some time in hospital. A thought occured to Quantitative Sneezing.

Instead of feeding the hospital parking meter each day, why don’t people just pay for their hospital meals. Surely it costs a fortune to feed each patient three meals a day, especially when often the food gets wasted. Instead families or charities could do a bit of cooking if a patient does not want to pay, or meals could be means-tested.

Without this cost, charges could come down elsewhere.

See below some number crunching based on a freedom of information request to the Barnet and Chase Farm NHS Trust. It spends more money providing meals than it gains from visitor parking. So why not charge for the meals instead?

Image

However, when asked how much it spends on providing hospital meals, the trust said:

Circa : £1.1 million

Food for thought?

Vote below on what you would rather pay for?

More data is available on parking and meal costs in hospitals across London. Leave a message in the comments box to find out more.

This story came out in May but is still the most popular on the BBC

http://www.bbc.co.uk/news/world-europe-13470731