UK Government plans tax increase to pay for Covid 19 lockdown bailout Su...

Government plans tax increase to pay for Covid 19 lockdown
bailout

Sunday Times reports that the UK government is planning to
raise taxes, for instance Corporation and Capital Gains Tax, to pay for
lockdown rescue packages.  

End of the month and lost summer of lost tourist billions.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

·       
Tax
increases plan to pay for furlough

·       
Zero
interest credit card deals returning

·       
Will
demand for HMO rooms rise or fall?

·       
EU staff
offered chance to go home to work

·       
Capita
to shut a third of offices permanently

·       
Is
this the end of office work as we know it?

·       
Home
workers one step closer to outsourced

·       
What
will happen to all the city office blocks?

·       
Companies
still have long leases on big offices

·       
Why
live in expensive town centres anymore?

·       
Buy-to-let landlords ignore “NO DSS” tenant ban

·       
Restaurants
extend ‘eat out to help out’ scheme

·       
Thousands
trapped in unsellable leasehold flats

·       
2m homeowners apply for mortgage payment
holiday

·       
Government extends
ban on landlords evicting tenants

·       
Unemployment to double 7.5% and economy slump
9.5%

·       
Self-employed, have
you claimed your government grant?

·       
Lenders not passing on rate cuts and mortgage
rates going up!

·       
UK property prices jumped by 3% since June
following stamp duty cut

·       
Why UK Property
prices rising after stamp duty cut, despite the downturn?

·       
New planning rules will open up more
opportunities to make money in
property

·       
You can create a second income during the
lockdown…and come out stronger

·       
Learn how to make money from property
without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

Buy-to-let landlords ignore 'no DSS” tenant blanket ban despite ‘unlawfu...

Buy-to-let landlords ignore “NO DSS” tenant blanket ban
despite ‘’unlawful’’ ruling by Judge

The BBC has launched its own investigation into landlords
who still advertise their properties to rent using the terms “No DSS” or
“Working tenants only”. Last month, a District Judge has ruled that blanket
bans on renting properties to people on housing benefit are unlawful and
discriminatory.

The county court ruling found a single mother-of-two had
experienced indirect discrimination when a letting agent refused to rent to
her. She subsequently ended up homeless with her two children, when her case
was taken on by housing charity Shelter.

The judge ruled "No DSS" rental bans are against
equality laws.

District Judge Victoria Mark heard the case in York County
Court on 1 July, and ruled: "Rejecting tenancy applications because the
applicant is in receipt of housing benefit was unlawfully discriminating on the
grounds of sex and disability" and “contrary to the Equality Act 2010”.

According to a BBC report, landlords are apparently still
flouting the “ruling”.

However, a lower county court ruling may influence other
court decisions as a ‘persuasive authority’ in similar cases, but is not
binding in law.

The National Residential Landlords Association's (NRLA) Deputy
Director for policy and research, John Stewart, told the BBC that it had
"always advised landlords they should not blanket ban benefit
claimants" but the "fundamental issue was the affordability of
renting".

He added that there are a number of valid reasons why rental
listings said benefit claimants were not accepted, including:

·       
The timeliness and levels of benefit awards -
including complaints about universal credit, a shortfall between
housing benefit and private sector rents and in some
cases, fluctuating levels of benefit income

·       
Banks and insurers saw benefit claimants as
higher risk

·       
Landlords trying to avoid extra fees for tenants
who would fail credit checks and references

Complaints about Universal Credit taking months to pay
landlords and then giving the rent directly to the tenant have been widespread.

Source: BBC

Shelter is a left-leaning charity which campaigns for the
end of “no fault” evictions, further regulation in the social housing sector
and new laws to force landowners to build more social housing.

The organisation has an annual income of £67 million, of
which £18 million comes from “grants and contracts”, some of which comes from
government or taxpayer’s money. They reported a £3.5 million “surplus”
(charities do not pay tax and cannot make profits so the make surpluses
instead), in 2018/19. The CEO is paid a salary of £128,000 a year – over 4
times the UK national average wage.

Shelter holds £16 million in reserves according to its Annual
Report 2018/19 and had fund balances of £26 million. Although they could
build a lot of social housing with £26 million, Shelter does not provide
“shelter” or housing.

Left-wing pressure groups like Shelter would like to take
the private rented sector seventy years back to the days of rent controls and
effective lifelong tenancies or ‘sitting tenants’, which would have the effect
of private landlords deserting the market in droves. Ironically, rent controls
in the 1950’s and 1960’s led to a shortage of private rental properties and the
very rogue slum landlords which led to Shelter being founded.

Everyone in the UK should have a home, but does that mean
everyone has a “right” to a home or a legal right to rent a home from a private
buy-to-let landlord regardless of their circumstances?

We are supposed to be living in a free and democratic
capitalist country, not a Marxist state. Landlords must also be able to choose
who they want to take on as a tenant based on their circumstances and ability
to pay.

This is not a political blog, but I have to say that
socialism and communism doesn’t work. It has been tried all over the world from
the failed states of USSR to Venezuela, yet keeps coming back like a virus you
can’t kill. Karl Marx idea of capital and land in the hands of the state has
been a disaster and led to millions dying of starvation in Maoist China and
North Korea.

I have current experience with both private and benefit
tenants with mixed results.

The LHA rates in some areas are simply not competitive or
equivalent to the open market rate and dealing with benefit claims is a steep
learning curve for landlords. Deposits and upfront rent can also be an issue.

Landlords with buy-to-let mortgages may be in breech of
their mortgage conditions if they let the property to tenants on benefits.

The private sector should not have to pick up the pieces for
the failures of successive governments to build sufficient social housing for a
growing low-wage population. There has been no major council house building
programme since the 1970’s.

The last major town to be built with proper infrastructure
and rail transport links was Milton Keynes which, along with other new towns
such a Harlow and Basildon, were planned in the 1960’s.

Councils could easily build more social housing and borrow
to do at favourably low rates, but many choose not to for a variety of reasons.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

·       
Zero
interest credit card deals returning

·       
Is
this the end of work as we know it?

·       
Is
it really more efficient to work at home?

·       
Home
workers one step closer to outsourced

·       
What
will happen to all the city office blocks?

·       
Companies
still have long leases on big offices

·       
Why
live in expensive town centres anymore?

·       
The
‘eat out to help out’ scheme ends Monday

·       
Thousands
trapped in unsellable leasehold flats

·       
Number
of homes repossessed falls to record low

·       
Mortgage possession claims fell by 97% to just
161

·       
2m homeowners apply for mortgage payment
holiday

·       
Government extends
ban on landlords evicting tenants

·       
Unemployment to double 7.5% and economy slump
9.5%

·       
Self-employed, have
you claimed your government grant?

·       
Lenders not passing on rate cuts and mortgage
rates going up!

·       
UK property prices jumped by 3% since June
following stamp duty cut

·       
Why UK Property
prices rising after stamp duty cut, despite the downturn?

·       
New planning rules will open up more
opportunities to make money in
property

·       
You can create a second income during the
lockdown…and come out stronger

·       
Learn how to make money from property
without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

City Centres “ghost towns” CBI warns, as retailer wants landlord to cut...

City Centre “ghost towns” CBI warns, as major retailer New
Look wants landlord to reduce rent to zero

The Confederation of British Industry (CBI) head, Dame Carolyn Fairbairn, said that
Britain’s City centres could become "ghost towns" unless the Prime Minister
Boris Johnson does more to encourage workers to go back to the office, the head
of the CBI says.

New Look wants rents reduced to zero as part of CVA rescue
package.

Top 50 UK employers
have no plans to fully reopen offices. Major UK employers plan to keep
staff working at home and have no immediate plans to bring them back to the
offices, a BBC survey reveals.

What opportunities will there be for property investors?

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

·       
Is
this the end of work as we know it?

·       
Is
it really more efficient to work at home?

·       
What
will happen to all the city office blocks?

·       
Companies
still have long leases on big offices

·       
Why
live in expensive town centres anymore?

·       
The ‘eat
out to help out’ scheme ends Monday

·       
Thousands
trapped in unsellable leasehold flats

·       
Number
of homes repossessed falls to record low

·       
Mortgage possession claims fell by 97% to just
161

·       
2m homeowners apply for mortgage payment
holiday

·       
Government extends
ban on landlords evicting tenants

·       
Unemployment to double 7.5% and economy slump
9.5%

·       
Self-employed, have
you claimed your government grant?

·       
Lenders not passing on rate cuts and mortgage
rates going up!

·       
UK property prices jumped by 3% since June following
stamp duty cut

·       
Why UK Property
prices rising after stamp duty cut, despite the downturn?

·       
New planning rules will open up more
opportunities to make money in
property

·       
You can create a second income during the
lockdown…and come out stronger

·       
Learn how to make money from property
without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

Top 50 UK employers have no plans to fully reopen offices

Top 50 UK employers have no plans to fully reopen offices

Major UK employers plan to keep staff working at home and
have no immediate plans to bring them back to the offices, a BBC survey
reveals.

Is this the end of the office as we know it?

What opportunities will there be for property investors?

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

·       
Is
this the end of work as we know it?

·       
Is
it really more efficient to work at home?

·       
What
will happen to all the city office blocks?

·       
Companies
still have long leases on big offices

·       
Why
live in expensive town centres anymore?

·       
The ‘eat
out to help out’ scheme ends Monday

·       
Thousands
trapped in unsellable leasehold flats

·       
Number
of homes repossessed falls to record low

·       
Mortgage possession claims fell by 97% to just
161

·       
2m homeowners apply for mortgage payment
holiday

·       
Government extends
ban on landlords evicting tenants

·       
Unemployment to double 7.5% and economy slump
9.5%

·       
Self-employed, have
you claimed your government grant?

·       
Lenders not passing on rate cuts and mortgage
rates going up!

·       
UK property prices jumped by 3% since June following
stamp duty cut

·       
Why UK Property
prices rising after stamp duty cut, despite the downturn?

·       
New planning rules will open up more
opportunities to make money in
property

·       
You can create a second income during the
lockdown…and come out stronger

·       
Learn how to make money from property
without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

Thousands of leaseholders trapped in unsaleable flats due to unsafe clad...

Thousands of leaseholders trapped in unsaleable flats due
to unsafe cladding

Flat owners told their homes could be unsellable for up
to 10 years with unsafe cladding.

Following the Grenfell Tower fire disaster, hundreds of
thousands of buildings were deemed to be unsafe due to the outside wall
cladding.

In 2019, the Royal Institution of Chartered Surveyors (RICS)
brought out the EWS 1 form as a way of grading the safety of tower blocks with
cladding.

The grading certificate was intended for buildings over 18
metres tall with cladding, but this year Government regulations changed.
Mortgage lenders now require the form for shorter buildings as well.

It is estimated that 300,000 buildings that might require an
EWS1. However, there are only 300 inspectors able to carry out the in-depth
surveys, creating a huge backlog.

RICS charge at least £40,000 per building for the EWS1, which
seems extortionate. Another issue is that only the freeholder can apply and
some have refused, even though the cost will be passed on to leaseholder, because
the say it's not a legal requirement.

Peabody, a Housing Association based in London have written
to residents telling them that they think it will be 10 years before they can
get all of their buildings compliant.

Sebastian O'Kelly is the chief executive of Leasehold Knowledge charity -
which supports leaseholders told LBC News that flats are “largely unsellable
now, because mortgage lenders want to know that they are safe, and more sites
can't demonstrate that they are safe.”

"So you've got 900,000 to one million people living in
blocks of flats that are higher than 18 metres which are affected by the
cladding crisis."

Even if the cladding has been removed, the flats are
un-mortgageable without the EWS1.

Leaseholders have also been saddled with enormous bills
running into tens of thousands of pounds to carry out work, as well as paying
monthly costs to employ people to ‘watch’ the building.

Buying a leasehold property is fraught with difficulty and
you should buy freehold property if you can.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

·       
Thousands
trapped in unsellable leasehold flats

·       
Number
of homes repossessed falls to record low

·       
Mortgage possession claims fell by 97% to just
161

·       
2m homeowners apply for mortgage payment
holiday

·       
Government extends
ban on landlords evicting tenants

·       
Unemployment to double 7.5% and economy slump
9.5%

·       
Self-employed, have
you claimed your government grant?

·       
Lenders not passing on rate cuts and mortgage
rates going up!

·       
UK property prices jumped by 3% since June following
stamp duty cut

·       
Why UK Property
prices rising after stamp duty cut, despite the downturn?

·       
New planning rules will open up more
opportunities to make money in
property

·       
You can create a second income during the
lockdown…and come out stronger

·       
Learn how to make money from property
without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

Why home repossessions are at a record low

Why home repossessions are at a record low

The number of houses being repossessed by banks plummeted to
a record low in the second quarter of this year, according to Zoopla.

The Ministry of Justice (MoJ) said the “unprecedentedly low
levels” of possessions were due to government measures introduced to help
homeowners by forcing lenders to offer mortgage holidays during the coronavirus
pandemic.

The were no homes repossessed in the three months from April
until the end of June, according to the MOJ. The number of mortgage orders for
possessions dropped by 96% to just 149. Mortgage possession claims fell by 97%
to 161.

Landlord possession claims also fell by 89%.

The government
introduced a number of measures to enable people to stay in their homes even if
their incomes were hit by the Covid-19 pandemic after the UK first entered lockdown in March.

The Financial Conduct Authority (FCA) advised homeowners and
landlords in difficulty to apply for a three-month mortgage payment
holiday.  

The government passed the Coronavirus Act, which put a
temporary halt on all repossession activity, initially for three months, and
later until 23 August this year. The government extended
the ban on landlords evicting tenants on Friday, two days before it was due
to end.

Landlords are unable to start eviction proceedings against
tenants even if they are anti-social or in arrears their rent.

Figures reveal that two million homeowners and landlords
applied for a mortgage payment holiday since the initiative was first launched.

Repossessions and tenant evictions will resume in large
numbers once support measures come to an end, but there will be huge backlogs
and long delays in enforcing court orders.

A tenant could probably get away without paying rent for
another year before an eviction took place.

If your mortgage payment holiday is coming to an end and
are worried about paying your mortgage you should talk to your lender and avoid
burying your head in the sand. Open those letters!

In theory, lenders can voluntarily offer repayment holidays
for a limited period and could accept reduced repayments or switch you over to
an interest-only mortgage, which would substantially cut your monthly payments.

You could ask your lender to extend your mortgage term, which
can make your monthly repayments smaller, although the total amount repaid over
the term would increase.

Low interest rates have prevented hundreds of thousands of
mortgage borrowers from losing their homes since the last financial crisis. In
the previous four recessions, interest rates shot up to record levels and
repossessions and bankruptcies went through the roof.

The trade body, UK Finance, has urged homeowners to resume
full mortgage payments if they can afford to do so, and you don’t really want
mortgage arrears on appearing your credit file.

Despite all the measures,
homelessness has not been eliminated by a long shot. I was in central London
last night and I was shocked to see the number of people sleeping rough in
doorways and on the streets. I have seen this before, but not on this scale.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

U-turn on tenant eviction ban as government extends by four weeks

U-turn on tenant eviction ban as government extends by
four weeks

The UK government extended the ban on landlords evicting
tenants in England and Wales today until 20 September in a dramatic last-minute
U-turn hours before the ban was due to end, following fears that up to 243,000
could lose their homes.

In most cases, renters will also get six months' notice if
their landlord plans to evict them until the end of March.

The block on tenant evictions during the coronavirus pandemic
was due to end on Sunday and courts were due to resume section 21 and section 8
eviction cases on Monday after a five-month pause.

The Housing Secretary Robert Jenrick talked of
"supporting renters over winter" adding that, when the ban was
lifted, the most serious cases of anti-social behaviour, other crimes, and
unpaid rent for over a year would be heard first.

Prior to the pandemic, a notice of eviction was normally two
months, but in Wales, that had already been extended to six months until the
end of September and remains under review.

The last-minute reprieve for tenants comes amid warnings by
homelessness charity Shelter that more than 170,000 private tenants have been
threatened with eviction by their landlord or letting agent, and 230,000 in
England have fallen into arrears since the pandemic started.

Ben Beadle, chief executive of the National Residential
Landlords Association, said: "A blanket extension is unacceptable,
especially so close to the deadline. This announcement satisfies no-one.

"Landlords have been left powerless in exercising their
legal right to deal with significant arrears unrelated to Covid-19, anti-social
behaviour and extremely disruptive tenants who make life miserable for their
neighbours and housemates.

"Private landlords cannot be expected to foot the bill
for government failure."

The National Residential Landlords Association is worried
that landlords have been left powerless in dealing with non-payment of rent,
which in most cases is needed to pay their mortgages.

Landlord groups have called for more help in England to
reduce the financial pressures on landlords, in addition to mortgage holidays.

Local authorities would be unable to house thousands of
homeless people at a time when they are struggling to cope with thousands of
illegal migrants crossing the English Channel on small boats every week.

Citizens Advice for tenants

·       
Tenants under threat of eviction should start
gathering evidence such as receipts for rent paid or any communications with
your landlord

·       
Landlords have to give you notice before they
can apply to court for a possession order. For most tenancy types this notice
must now be at least three months in England or six in Wales, but lodgers may
get less notice

·       
If a possession order had already been made
against you before 27 March 2020, then your landlord may apply for this to be
enforced when the ban comes to an end. You should receive 14 days' notice of
the eviction date

·       
Anyone now struggling to pay rent should speak
to their landlord, and organise a repayment plan to pay off arrears

·       
Those receiving housing benefit or Universal
Credit and unable to pay rent might be able to get a discretionary housing
payment from the local council

Source: Citizens Advice

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1.     
Another travel firm goes bust

2.     
Croatia latest country on covid hit list

3.     
Apple is first US company to hit $2
trillion

4.     
Third of UK employers plan further job
cuts

5.     
UK economy shrinks by 20% April to June
2020

6.     
Unemployment to double 7.5% and economy
slump 9.5%

7.     
Self-employed, have
you claimed your government grant?

8.     
Lenders not passing on rate cuts and mortgage
rates going up!

9.     
UK property prices jumped by 3% since June
following stamp duty cut

10.  Why
UK Property
prices rising after stamp duty cut, despite the downturn?

11.  New
planning rules will open up more opportunities to make money in property

12.  You
can create a second income during the lockdown…and come out stronger

13.  Learn
how to make money from
property without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com

Can you really get paid for doing nothing?

Can you really get paid for doing nothing?

UBI or a universal basic income has been talked about by
governments and think tanks for years. Now Germany has started an experiment to
see if UBI can replace some of the income from the millions of jobs – both blue
and white collar - expected to be lost to robots, machines and AI.

Switzerland and Finland have previously run UBI pilot
schemes.

Driverless vehicles alone will wipe out tens of millions of
jobs and AI is replacing white collar jobs in banking and investment, law and
accountancy.

Over 28 million people, or almost one fifth of the
American workforce, were collecting some form of unemployment payment in the
week ended 1 August, the BBC reports.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1.     
Apple is first US company to hit $2
trillion

2.     
M&S to shed 7000 office and retail
jobs

3.     
John Lewis and Debenhams close stores

4.     
Third of UK employers plan further job
cuts

5.     
UK economy shrinks by 20% April to June
2020

6.     
UK is officially in recession after
successive GDP falls

7.     
One in three UK employers plan more
redundancies

8.     
Redundancies soar fivefold despite
furlough scheme

9.     
Unemployment to double 7.5% and economy
slump 9.5%

10.  Half
as many jobs are being advertised compared to 2019

11.  Self-employed,
have
you claimed your government grant?

12.  Base
rate held at 0.1%, interest rates to stay low for 5 years

13.  Lenders
not passing on rate cuts and mortgage rates going up!

14.  The
end of furlough sees millions more unemployed this autumn

15.  UK
house prices reached a new all-time high in July as buyers return

16.  UK
property prices jumped by 3% since June following stamp duty cut

17.  Why
UK Property
prices rising after stamp duty cut, despite the downturn?

18.  New
planning rules will open up more opportunities to make money in property

19.  You
can create a second income during the lockdown…and come out stronger

20.  Learn
how to make money from
property without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money
Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the
crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com