Full transcript of “UK Latest UPDATES .വീണ്ടും തീരുമാനം മാറ്റി സ്റ്റർമാർ .കുട്ടികൾ ഉള്ളവർ ശ്രെദ്ധിക്കുക.1 pound =117.50”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:00 Hello, I'm Siju. Welcome everyone to a new video from Air Truss . I would like to share with you some of the latest updates from the UK through today's video . Once the first of these is said, ministers led by Starmer make announcements that they will make various decisions . Many ministers are making many announcements. But the current situation is such that they cannot fulfill any of these declarations . Then, most recently, they announced that they were bringing in major changes to the benefit system . To be honest, that was a good thing. Labor ministers had announced plans to introduce fewer restrictions on those who receive benefits such as disability benefits. But more than 100 MPs from the Labor Party opposed it, and the Labor cabinet has now backed down from introducing the law. In other words, the UK is currently in a situation where many of the things that Labour ministers intend to bring forward are not being implemented due to opposition from MPs in their own party and the sheer volume of work they do
0:50 . Personal Independent Payment i.e. PIP. This is a benefit that many people in the UK receive. At that time, according to a UK estimate, they say that about 25% of people between the ages of 18 and 64 in the UK are living on these benefits without working for a decent job . The UK government is planning to find them suitable jobs and enable them to work . This means that if we provide jobs to those who live on benefits like this and put them to work, we will not have to pay them benefits. Additionally, the government will continue to receive taxes from the salary they receive while they are working . At the time, this was a good thing for the government here . The UK government tried to bring something like this back then . But those in the UK government cabinet are opposing it. About 120
1:36 people opposed it. They have since reversed that decision to bring in the UK's Labour government . To be honest, it was a law that the UK should have introduced . Because those who can work must work at that age. But the goal is not to just buy government benefits. Because people between the ages of 18 and 64 will go to work if they have good jobs now. Many low-wage workers switched to the benefits system during the COVID pandemic. Because at that time, many people realized that if they stayed home and did not work, they would receive benefits that were more or close to what they would have received if they had gone to work. Many people did not go to work later, realizing that the application for this was a very simple application. Many people were
2:24 given such benefits without even checking, and this was becoming a huge burden for the government. According to current estimates, by 2029, the UK government will have to generate an additional 30 billion pounds just to provide such benefits . They make all this by paying for it with the taxes of ordinary working people here. At the same time, many of these refugees, once they have obtained permanent residency here or have obtained British citizenship, rarely go to work. Because it's mostly people who don't have much educational qualifications who are coming here as refugees. Even if they go to work at that time, they will get jobs with the lowest wages . At that time, they always prioritized living off of these benefits . They will also bring their family to the UK. They are also switching to this benefit system
3:10 . This benefit system is a good thing for the people of the UK, but it is being received by many who are not entitled to it. The Star Mara cabinet tried to change that, but it has gone even further than that now . Now, they have said that the changes to this benefit system will only apply to those who apply from November this year . In other words, it is now being said that if there are no eligible beneficiaries who are currently receiving benefits, they will all continue to receive those benefits. This means that this is the fourth time that Starmer has changed the decisions he wanted to make and kept them the same in order to maintain power. They have plans to change many similar decisions related to immigration here . Our hope is that if MPs speak out against him there,
3:57 he will not bring those laws . The government is currently bringing a decision to change the PR from five years to 10 years, which is what most people want . It is certain that if the MPs here oppose them in Parliament, the Labor government will back down from that decision. Because if they want to hold on to power, this has to be a vote in parliament, and if the stars lose that vote, normally all UK prime ministers will resign if they lose any vote in parliament. If such an incident occurs, there is a situation where they have to resign and change, which is why Labor's cabinet often fails to enact any of the laws they intend to bring in if they do not have enough MPs to support them . In other words,
4:48 we can expect that if the MPs in Parliament oppose the law that increases the permanent residency period from five years to 10 years, they will withdraw from introducing that law. If you haven't subscribed to our channel yet, please do so . Once you press the bell button, we will try to keep you updated on all important updates in the UK in real time . And another thing, as we know in the UK, if we have children who are absent from school for more than five days without permission, we have to pay a fine. That means that one parent has to pay 80 pounds and the working parent has to pay 80 pounds. So, if you take a child, both parents will have to pay around 160 pounds here . There's a petition going around here against this. That petition has now been signed by close to two hundred thousand people . That is, the petition demands that a minimum of 10 days be allowed. Because flying abroad with our children during the holiday season is not an easy task. Because it 's so expensive. If we were on term
5:33 time then it wouldn't cost us that much money. That's why the parents here are asking for it. This is especially demanding for parents who do not have a high financial status . Children should be given permission to take 10 days of leave during term time. When that happens, they will have an opportunity to go to their hometowns or go on a holiday. So, all of you, sign that petition. Because it is very beneficial for us Indians . Because it would be good if we also planned to go back home . This means that we can go home for 10 to 15 days when flight tickets are cheap. Having said that, an important update for the next quarter is that inflation has declined slightly, falling to 3.4 percent last month. That is hopeful news for us. Having said that, we expected the Bank of England base rate to be lower . But they did n't change the base rate. They are
6:20 standing in the same way now. For us, that means that those who are buying a new mortgage or those who currently have a mortgage have reduced the chance of their interest rate going down if their fixed rate ends. They are now expected to lower interest rates at the next meeting . But we don't know. Therefore, the current interest rate level in the UK remains the same as before. Having said that, another important thing is that the value of the pound has been steadily rising against the Indian rupee. The price of the pound is now rising to the point where you can get 117 rupees and 50 paise for one pound . The strong rise in the value of the pound is a great joy for those who send money home, but it is not a good time for those who bring money here from home . And many banks in the UK are now
7:05 giving us the opportunity to buy houses with a 5% deposit. Even if you are currently in the UK on a visa, you now have the opportunity to buy a home with a 5% deposit. Many banks offer it. If you want to know if you have the opportunity to buy that house at that time, you can contact us . You can provide details of how you contacted us in the description box. At the same time, if you are looking to buy a house now, we can check all the details like how much loan you can get, how much deposit you need to make, how much interest you will pay, how much monthly payment you will have, etc. and give you the necessary advice. If you are planning to buy a house at that time, you can contact us. If you haven't subscribed to our channel yet, please do so. Once you press the bell button, we will try to keep you updated on all important updates in the UK in real time . So
7:52 I hope you found this video useful . If you liked this video, share it with your friends. Also, please share your comments and suggestions . So thank you all and goodbye until we see you again with another video .