Connect with us
Advertisement
Advertisement

News

Living on £13.18 per day

Published

on

money (1)AFTER A lifetime of work and years spent looking forward to a comfortable retirement, a new report shows that a very different reality awaits people in Wales, who will face a choice between working well into old age, or surviving on just £13.18 per day. 

A 12 month research project into the UK’s savings and debt habits has unmasked the true scale of the crisis that is developing in UK society today, where millions of people face a future of poverty and State-dependency in retirement, if indeed they are ever able to retire. The ‘Tackling the Savings Gap’ project by financial services firm True Potential was launched in August 2013 to examine the true state of the UK’s personal savings and debt habits., as well as preparations that individuals are making for their own retirements. The effects of the financial crisis of 2008 onwards, high inflation, government austerity, low interest rates and easy access to high cost credit through payday loan companies as well as decades of poor financial education and complicated regulations have created a Savings Gap – the difference between what people need to live comfortably in retirement and the amount they are actually on course to receive. Since August 2013, True Potential has asked more than 6,000 people from across the UK about their personal finances and provisions for retirement and the findings clearly show that a crisis in old age is looming with people saving barely a quarter of the amount they will need. True Potential asked how much money savers would need to live comfortably in retirement. Thirty two per cent of respondents said that they will require between £16,000 and £25,000 per year. To achieve an annual income of that size, they would need a fund totalling £400,000 from which to draw an annual income of £20,000 for 20 years. To reach a £400,000 pension pot requires an annual saving of £8,888 over a 45 year working life. However, the data shows that savers in Wales today are: only managing to put £2,132.52 each year towards their pension pot; building a fund of £95,963 by the time they retire from which to live on; going to have to survive on an annual income of £4,798.15 or a daily wage of just £13.18 in retirement. Nationally, men are marginally better savers than women, but the situation remains bleak for all. Men are managing to save £3,603 per year compared to £2,260 for women. The 18-24 age group – the group with the most time to build up a large enough retirement fund – is managing to save £2,828 per year, though females in this age category are saving less – just £2,556 per year. All are well short of the target £8,888 needed to provide a £20,000 annual income in retirement. Only three per cent of Welsh savers surveyed as part of the research claimed that they would be able to survive on between £6,000 and £10,000 per year, with 79 per cent saying they would need at least £11,000.

1 Comment

1 Comment

  1. felix french

    October 9, 2025 at 1:49 am

    I appreciate the effort put into this post. Watch tv9 live kannada live — live Kannada news, breaking alerts, debates, and regional coverage. Clean player, quick start times, and dependable HD streaming.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime

Swansea man dies weeks after release from troubled HMP Parc: Investigation launched

Published

on

A SWANSEA man has died just weeks after being released from HMP Parc, the Bridgend prison now at the centre of a national crisis over inmate deaths and post-release failures.

Darren Thomas, aged 52, died on 13 November 2025 — less than a month after leaving custody. The Prisons and Probation Ombudsman (PPO) has confirmed an independent investigation into his death, which is currently listed as “in progress”.

Born on 9 April 1973, Mr Thomas had been under post-release supervision following a period at HMP/YOI Parc, the G4S-run prison that recorded seventeen deaths in custody in 2024 — the highest in the UK.

His last known legal appearance was at Swansea Crown Court in October 2024, where he stood trial accused of making a threatening phone call and two counts of criminal damage. During the hearing, reported by The Pembrokeshire Herald at the time, the court heard he made threats during a heated call on 5 October 2023.

Mr Thomas denied the allegations but was found guilty on all counts. He was sentenced to a custodial term, which led to his imprisonment at HMP Parc.

Parc: A prison in breakdown

HMP Parc has faced sustained criticism throughout 2024 and 2025. A damning unannounced inspection in January found:

  • Severe self-harm incidents up 190%
  • Violence against staff up 109%
  • Synthetic drugs “easily accessible” across wings
  • Overcrowding at 108% capacity

In the first three months of 2024 alone, ten men died at Parc — part of a wider cluster of twenty PPO-investigated deaths since 2022. Six occurred within three weeks, all linked to synthetic drug use.

Leaked staff messages in 2025 exposed a culture of indifference, including one officer writing: “Let’s push him to go tomorrow so we can drop him.”

Six G4S employees have been arrested since 2023 in connection with alleged assaults and misconduct.

The danger after release

Deaths shortly after release from custody are a growing national concern. Ministry of Justice data shows 620 people died while under community supervision in 2024–2025, with 62 deaths occurring within 14 days of release.

Short sentences — common at Parc — leave little time for effective rehabilitation or release planning. Homelessness, loss of drug tolerance and untreated mental-health conditions create a high-risk environment for those newly released.

The PPO investigates all such deaths to determine whether prisons or probation failed in their duties. Reports often take 6–12 months and can lead to recommendations.

A system at breaking point

The crisis at Parc reflects wider failures across UK prisons and probation. A July 2025 House of Lords report described the service as “not fit for purpose”. More than 500 people die in custody annually, with campaigners warning that private prisons such as Parc prioritise cost-cutting over care.

The PPO investigation into the death of Darren Thomas continues.

Continue Reading

Crime

Woman stabbed partner in Haverfordwest before handing herself in

Published

on

A WOMAN who stabbed her partner during a drug-fuelled episode walked straight into Haverfordwest Police Station and told officers what she had done, Swansea Crown Court has heard.

Amy Woolston, 22, of Dartmouth Street in Milford Haven, arrived at the station at around 8:00pm on June 13 and said: “I stabbed my ex-partner earlier… he’s alright and he let me walk off,” prosecutor Tom Scapens told the court.

The pair had taken acid together earlier in the day, and Woolston claimed she believed she could feel “stab marks in her back” before the incident.

Police find victim with four wounds

Officers went to the victim’s home to check on him. He was not there at first, but returned shortly afterwards. He appeared sober and told police: “Just a couple of things,” before pointing to injuries on his back.

He had three stab or puncture wounds to his back and another to his bicep.

The victim said that when he arrived home from the shop, Woolston was acting “a bit shifty”. After asking if she was alright, she grabbed something from the windowsill — described as either a knife or a shard of glass — and stabbed him.

He told officers he had “had worse from her before”, did not support a prosecution, and refused to go to hospital.

Defendant has long history of violence

Woolston pleaded guilty to unlawful wounding. The court heard she had amassed 20 previous convictions from 10 court appearances, including assaults, battery, and offences against emergency workers.

Defending, Dyfed Thomas said Woolston had longstanding mental health problems and had been off medication prescribed for paranoid schizophrenia at the time.
“She’s had a difficult upbringing,” he added, saying she was remorseful and now compliant with treatment.

Woolston was jailed for 12 months, but the court heard she has already served the equivalent time on remand and will be released imminently on a 12-month licence.

Continue Reading

News

BBC apologises to Herald’s editor for inaccurate story

Published

on

THE BBC has issued a formal apology and amended a six-year-old article written by BBC Wales Business Correspondent Huw Thomas after its Executive Complaints Unit ruled that the original headline and wording gave an “incorrect impression” that Herald editor Tom Sinclair was personally liable for tens of thousands of pounds in debt.

The 2019 report, originally headlined “Herald newspaper editor Tom Sinclair has £70,000 debts”, has now been changed.

The ECU found: “The wording of the article and its headline could have led readers to form the incorrect impression that the debt was Mr Sinclair’s personal responsibility… In that respect the article failed to meet the BBC’s standards of due accuracy.”

Mr Sinclair said: “I’m grateful to the ECU for the apology and for correcting the personal-liability impression that caused real harm for six years. However, the article still links the debts to ‘the group which publishes The Herald’ when in fact they related to printing companies that were dissolved two years before the Herald was founded in 2013. I have asked the BBC to add that final clarification so the record is completely accurate.”

A formal apology and correction of this kind from the BBC is extremely rare, especially for a story more than six years old. 

Continue Reading

Business9 hours ago

First wind turbine components arrive as LNG project moves ahead

THE FIRST ship carrying major components for Dragon LNG’s new onshore wind turbines docked at Pembroke Port last week, marking...

Crime15 hours ago

Mother admits “terrible idea” to let new partner change her baby’s nappies alone

Court hears from timid mother who was barely audible in the witness box who said she carried out no checks...

Business1 day ago

Welsh Govt shifts stance on business rates after pressure from S4C and Herald

Ministers release unexpected statement 48 hours after widespread concern highlighted in Welsh media THE WELSH GOVERNMENT has announced a new...

Crime1 day ago

Pembroke rape investigation dropped – one suspect now facing deportation

DYFED-POWYS POLICE have closed an investigation into an alleged rape and false imprisonment in Pembroke after deciding to take no...

News1 day ago

Baby C trial: Mother breaks down in tears in the witness box

She tells jury Christopher Phillips repeatedly offered to babysit her seven-week-old son alone in weeks before life-changing injuries were discovered...

Crime2 days ago

Defendant denies using Sudocrem-covered finger to assault two-month-old baby

In dramatic day-long cross-examination, Christopher Phillips repeatedly denies sexual penetration, as prosecution alleges escalating anal attacks ended in catastrophic injury...

Business3 days ago

New Milford Haven pilot vessel successfully launched in the Netherlands

THE PORT OF MILFORD HAVEN’S new pilot vessel has reached a major milestone after being launched in the Netherlands, where...

Crime3 days ago

Plaques unveiled in Haverfordwest to honour HIV charity pioneer Terry Higgins

Two blue plaques mark the birthplace of the man whose death led to creation of Terrence Higgins Trust THE LIFE...

Crime3 days ago

Defendant denies causing injuries to two-month-old baby

Christopher Phillips explains “rattle” incident during questioning CHRISTOPHER PHILLIPS, the 28-year-old man accused of sexually assaulting and causing serious physical...

Crime3 days ago

Pembrokeshire haven master admits endangering life after speedboat collision

He drove motor boat at excessive speed into a teenage kayaker A PEMBROKESHIRE haven master has admitted endangering life after...

Popular This Week