2012 Bikes

If previous years are a guide, the Langster Pro will be sold as a frameset

1 Attachment

Langster Pro

Not sure what that adds to my previous post :-)

US price of the Pro is $1250, if they can get that in the UK shops at £1000 it looks like a decent ready to race package.

Hah, I must have taken a while to post mine. :)

an OTP with Omniums and 420 wheels for £1000 would be very nice.

What, no bottle cage mounts??! Pffff

Langster Pro

The things I would do to be able to afford that...

The things I would do to be able to afford that...

Work full time for a month on the National Minimum Wage?

Work full time for a month on the National Minimum Wage at a bicycle shop to take advantage of the trade price?

fixed.

Work for a full month?!?!..

logsout

Work full time for a month on the National Minimum Wage?

You would have to work a fair bit more than 'full time' seeing as that would be usually considered 39hours a week plus, although the government would say that more than 35 hours per week is full time. Given minimum wage is £5.93, even working the upper boundary of 39hours you would still be £70 odd quid short before National Insurance and Tax (Which you would most likely pay, by this time in the year).

Given minimum wage is £5.93, even working the upper boundary of 39hours

£6.08 from Oct 1st, and you spoiled children need to realise that you haven't done a full week's work until you get stopped by the Working Time Directive at 48 hours. If you want something enough, there's always plenty of paid work out there.

Dad?

^^ You'd still be fifty quid short even with the new minimum, before tax and NI.

Loot it

If you want something enough, there's always plenty of paid work out there.

Really? That's why I'm being rejected for jobs on the basis of being over qualified and unlikely to stick around at minimum wage long enough for it to make sense for them to employ me.

mdcc_thatcher :P

At least on here he knows that most of us are at least prepared to get on our bikes... ;)

He has got a point, there is some work out there. It's just that unless it's full time I risk loosing my accommodation. The housing benefit system is so slow to react and every time you have any change of circumstance it's another round of posting bank statements and hoping your claim comes through. I'm fortunate to have a small pot of cash to see me through the blips and an understanding landlord, had I not I'd be sofa surfing by now.

i only like the new disc cross bikes. all the new singlespeed/fixed bikes are horrible so far

^^ You'd still be fifty quid short even with the new minimum, before tax and NI.

Four 48 hour weeks on £6.08 per hour is £1167, we don't know firm UK pricing on the Langster Pro yet, so that might be plenty or a bit short, depending on where they pitch it.

For somebody that clearly understands maths at a high level your refusal to account for tax and NI is somewhat bewildering. You also ignore the lower rates paid to anybody under the age of 21.

http://www.direct.gov.uk/en/Employment/Employees/TheNationalMinimumWage/DG_10027201

From this page:

Current NMW rates

            There are different levels of NMW, depending on your age and whether you are an apprentice. The current rates are:

• £5.93 - the main rate for workers aged 21 and over
  
• £4.92 - the 18-20 rate
  
• £3.64 - the 16-17 rate for workers above school leaving age but under 18
  
• £2.50 - the apprentice rate, for apprentices under 19 or 19 or over and in the first year of their apprenticeship
  
  

The age at which you become entitled to the main rate was reduced from 22 to 21 on 1 October 2010. The apprentice rate was introduced on the same date.
If you are of compulsory school age you are not entitled to the NMW. Some of your other employment rights are also different.
Rates from 1 October 2011

The NMW rates are reviewed each year by the Low Pay Commission and from 1 October 2011:

• the main rate for workers aged 21 and over will increase to £6.08
  
• the 18-20 rate will increase to £4.98
  
• the 16-17 rate for workers above school leaving age but under 18 will increase to £3.68
  
• the apprentice rate, for apprentices under 19 or 19 or over and in the first year of their apprenticeship will increase to £2.60
  
  

So as of today the gross monthly wage would be £1138.56. Assuming that you were able to do this 12 months of the year it's equivalent to a gross annual wage of £13,662. Assuming a tax code for the full allowance of £7475 you would be paying 20% on the difference of £6187.72. That gives you £12,125. We've still not accounted for NI contributions. Lets work on the basic rate, again from the direct gov website:

If you're employed you pay Class 1 National Insurance contributions. The rates are:

• if you earn more than £139 a week and up to £817 a week, you pay 12 per cent of the amount you earn between £139 and £817
  
• if you earn more than £817 a week, you also pay 2 per cent of all your earnings over £817
  
  

So, £12,125/52 gives us £233 per week, take of the basic allowance and you would pay 12% on the difference of £94. So the weekly wage becomes £221 per week or a whole £887 per month.

The difference is simply not something you can ignore.

It's enough to live on, but it's not going to get you a Swagger Bike. You need to get your paper up.

It's the age discrimination aspect of the national wage that I find most offensive. Last time I checked neither the supermarkets or landlords give a youth discount. They wonder why the youth are disaffected... [/Rant]

It would be more accurate if you took into consideration, the fact that 90% of purchasers will be graphic designers.

So add a bit of income for the trendy job. Then subtract a load for being unable to commute 10miles without the creature comforts of Rapha and Sidis.