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new government bonds

ProfilePosted byOptionsPost Date


CATHKIN Report 16 Jun 2008 22:28

Did anyone hear about the new issue -if you buy them you will get a reduction in council tax or rates?
Ros xx


~irishgirl~ Report 16 Jun 2008 22:30

No sounds interesting.


CATHKIN Report 16 Jun 2008 22:33

can`t see it anywhere but was on radio news today, Ros xx


CATHKIN Report 16 Jun 2008 22:41

just checked -it`s in Scotland --money going towards school etc


eRRolSheep Report 16 Jun 2008 22:50

If true, that is absolutely shocking!


CATHKIN Report 16 Jun 2008 22:51

Errol , I heard it on Radio Clyde 1-if you google it and look for news you`ll see it


eRRolSheep Report 16 Jun 2008 22:53

"Radio Clyde News can reveal Scots who invest in local government building projects could get a discount on their council tax. The SNP wants to replace private finance deals to build schools and hospitals with bonds. They hope the prospect of a discount on council tax bills will persuade Scots to invest their cash in the scheme in favour of shares or bank savings."

That is so wrong both morally and financially/economically!


CATHKIN Report 16 Jun 2008 22:57

Thanks for cutting and pasting -just caught the end of it in the news bulletin. Very peculiar thing to do , but you don`t get anything for nothing must be a catch, Ros xx


eRRolSheep Report 16 Jun 2008 23:02

1. Isn't that, in part, what Council Tax is supposed to pay for?
2. Private Funding Initiatives (PFIs) have been proven to work so why try to replace them before they have totally got off the ground?
3. What sort of return would you be GUARANTEED on your investment?
4. What happens if they have another policy change in six months' time?
5. Why should it be those with a bit of disposable income that are given the opportunity to reduce their Council Tax bill when there are thousands out there that struggle to meet the bill as it stands? (I mean those who do not qualify for reductions - the real people on the breadline!)
7. There is no point 6 because I cannot count - spend the money on giving me maths lessons instead.


CATHKIN Report 17 Jun 2008 12:31



CATHKIN Report 17 Jun 2008 21:00