Barclays wasting money again

Started by johnofgwent, November 17, 2021, 03:33:11 PM

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johnofgwent

If you've got savings dependent on Barclays being prudent..... Move them

So Rishi Sunak screwed me over last year. And everyone else. The miserable (rhymes with something to do with jolly boating weather) upped the statutory retirement age

I don't care because who still in work relies on state pension these days

But then I realised what the miserable little shit has done.

For years now I've been stuffing money into a sort of health and wealth plan with a friendly society. Originally designed to pay the mortgage if I got injured the thing has taken £50 or so off me every month but I get an annual bonus and interest on "shares" in the society.

The short take is this particular plan has for many years returned me way, way more in interest on the £500 it's ripped be off than any other investment except perhaps mining bitcoin when it started so I've just left it and was going to enjoy a stonking massive (well, about £25k) payout.

Which I was going to use to pay the about eight grand I still owe on the interest only mortgage on jog towers I extended nearly 20 years ago to have the office built as a dormer loft extension. And go on huday to an all inclusive in Mexico for a fortnight for about a quarter of the rest ....

Anyway, Sunak screwed me with his change to retirement age because the loot to repay the loan is tied to STATE retirement age. Or death.

So I had to get the mortgage rearranged.

And that's just been finalised. But it seems Barclays screwed up. They owe me 3p which is roughly a day's interest ...

So they refunded it

VIA CHAPS !!!!!!!!!!!

(Which cost them £30)

<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>