FabSwingers.com > Forums > The Lounge > How will the inflation affect you?
How will the inflation affect you?
Jump to: Newest in thread
| |||
| |||
| |||
   | |||
| |||
| |||
| |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens." Fuel in my local station went up 6p/litre 2 nights ago knowing there would be a 5p/litre reduction!! | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens." Yeah, but that other fella would have sent us back to the 1970s. | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Fuel in my local station went up 6p/litre 2 nights ago knowing there would be a 5p/litre reduction!!" But those poor petroleum companies and their record profits, I feel so bad for them! | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens." The rich people need to buy food and cars too, not just the poor people. It's good that the government is thinking of them. It's more expensive to have 2+ houses.  | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s." You say that like the tories haven't. The welfare in this country hasnt been this bad since the 50s ffs! | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s. You say that like the tories haven't. The welfare in this country hasnt been this bad since the 50s ffs!" I was teasing / pointing out the irony.  | |||
"Sadly there’s not a lot we can do. Interest rates in the 80s or 90s were over 12%. The very little I have in savings is getting 0.01%, no point in it. You can raise everything including NI and council tax but the bottom line is then won’t go for a coffee in town or go for a meal, I won’t be able to afford to So if everyone does that shops go under, councils don’t get rent or rates and more people become unemployed. It’s a never ending circle. We can’t go an as we are and some believe the best way is to spend your way out of a recession. "
The mortgage rates at 12% were awful times. I remember loads of houses for sale at stupid prices because they'd been repossessed.  | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s. You say that like the tories haven't. The welfare in this country hasnt been this bad since the 50s ffs! I was teasing / pointing out the irony. "Sorry, I did think from previous encounters that you had sense, but this subject really gets my dander up lol | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. The rich people need to buy food and cars too, not just the poor people. It's good that the government is thinking of them. It's more expensive to have 2+ houses. " My heart bleeds for them   | |||
| |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. The rich people need to buy food and cars too, not just the poor people. It's good that the government is thinking of them. It's more expensive to have 2+ houses. My heart bleeds for them "Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. | |||
" We can’t go an as we are and some believe the best way is to spend your way out of a recession. " Yes, Keynesian economics (a mostly left leaning ideology) advocates spending when times are tough (Roosevelt's New Deal that got the US out of the great depression) and saving when times are good. It always made sense to me. | |||
| |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s. You say that like the tories haven't. The welfare in this country hasnt been this bad since the 50s ffs! I was teasing / pointing out the irony.
Sorry, I did think from previous encounters that you had sense, but this subject really gets my dander up lol"I can fully associate | |||
| |||
"I’m genuinely scared to buy a property. I don’t want to rent forever, but I feel like I’m buying at a high and it’ll crash leaving me in negative equity No idea what to do. Maybe just take my entire deposit and emigrate. With my trade I get express entry into a lot of countries " It’s very tempting to do that tbh | |||
 | |||
| |||
"I’m not looking forward to seeing the price of a Freddo in a few weeks "I love that Freddonomics is a thing. What a brilliantly simple way to highlight an economic principle. | |||
" We can’t go an as we are and some believe the best way is to spend your way out of a recession. Yes, Keynesian economics (a mostly left leaning ideology) advocates spending when times are tough (Roosevelt's New Deal that got the US out of the great depression) and saving when times are good. It always made sense to me." at the moment there is a real squeeze on incomes, wages are not keeping up so its difficult for people to spend more money | |||
"I’m not looking forward to seeing the price of a Freddo in a few weeks
I love that Freddonomics is a thing. What a brilliantly simple way to highlight an economic principle."It’s brilliant isn’t it | |||
| |||
| |||
| |||
" We can’t go an as we are and some believe the best way is to spend your way out of a recession. Yes, Keynesian economics (a mostly left leaning ideology) advocates spending when times are tough (Roosevelt's New Deal that got the US out of the great depression) and saving when times are good. It always made sense to me. at the moment there is a real squeeze on incomes, wages are not keeping up so its difficult for people to spend more money " Government spending not personal spending, I fully take your point tho. | |||
| |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it." I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon" But surely if house prices are high then selling is a viable option? | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens." Breaking it down to the micro level, just out of interest, how much would you estimate someone who has the means to spend their wealth and buys services and products which, in turn, keep others employed, spends on VAT? Just on fuel tax alone, would they be paying taxes on more petrol that they use and higher fuel bills? Dining out has tax. Things like that. At the same time, they aren't using national resources like the NHS or even schools, which, also incur taxes on those bills. | |||
| |||
| |||
| |||
| |||
| |||
| |||
"My mortgage is fixed but only to October next year as I did a 2 year fix last October. Geninuly don’t know what to do. It was set to be paid off in 10 years time. Not sure if I can call the bank and pay some sort of get out clause to fix it in for 5 years. The Interest rate is only 1.04% at the moment and I’m worried it will be a lot higher by next Oct "Depending on your deal you will have early repayment fees. This is a percentage of the amount you repay. You need to work out whether those costs are greater or smaller than the money you will save by switching mortgage. I have switched whilst still inside my fixed term deal and I've also stuck with a deal despite wanting to switch as the costs outweighed the savings. | |||
"Its an utter disgrace that in an age where theres more food available in the world than theres ever been people will starve to death because of a mismanaged planet full of corruption and greed humanity's only hope is a future where money no longer exists people work only to better themselves and people around them thats the only way i can see it until then we will all run ourselves to death on gerrys hamster wheel fighting to survive unable to live" It is a disgrace that people will die of poverty and starvation in this country. That children are going hungry every day. That disabled people won't be able to afford the fuel to help keep themselves healthy and moving. I'm very worried about the future, not just mine but this country's future. A government that gives no fucks for the vulnerable led by extraordinarily wealthy people who have no concept of poverty. | |||
| |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option?" only if there is someone to buy it | |||
"My mortgage is fixed but only to October next year as I did a 2 year fix last October. Geninuly don’t know what to do. It was set to be paid off in 10 years time. Not sure if I can call the bank and pay some sort of get out clause to fix it in for 5 years. The Interest rate is only 1.04% at the moment and I’m worried it will be a lot higher by next Oct
Depending on your deal you will have early repayment fees. This is a percentage of the amount you repay.
You need to work out whether those costs are greater or smaller than the money you will save by switching mortgage.
I have switched whilst still inside my fixed term deal and I've also stuck with a deal despite wanting to switch as the costs outweighed the savings."Thanks. Just looked through my documents and it will be about 1.5k to get out of it and switch. Il have to do some calculations later. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it" I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole." Your viewpoint doesn't reflect a lot of people with extra properties, successful businesses or wealth in general worked bloody hard. Not everyone had it handed to them. I pay ample tax, I pay significantly more than I get out. It's very easy to replay the 'for the many' mantra. I don't subscribe to your view. It is in my opinion very blinkered and tells a small part of peoples situation and 'wealth'. | |||
| |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. " The last part of your post us so true! | |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! " Was just going to say that! | |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! Was just going to say that!" If only they taxed the billionaires and massive corporations their fair share they’d have enough money help everyone. | |||
| |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole. Your viewpoint doesn't reflect a lot of people with extra properties, successful businesses or wealth in general worked bloody hard. Not everyone had it handed to them. I pay ample tax, I pay significantly more than I get out. It's very easy to replay the 'for the many' mantra. I don't subscribe to your view. It is in my opinion very blinkered and tells a small part of peoples situation and 'wealth'. " yhis in spades, as i said i ended up owning a house i didnt need, that i worked bloody hard for,so i rent it out, i also rent another house to live in, so i dont understand, does that make me a rich fat cat or a pennyless renter | |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. " Ohh wow! x | |||
 | |||
| |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! Was just going to say that! If only they taxed the billionaires and massive corporations their fair share they’d have enough money help everyone." There's enough money. The government chose to spend £37 billion pounds on Test n Trace which a cross party report concluded failed to make a measurable difference on the spread of the pandemic. The foreign aid budget in 2021 was £11.1 billion. Not sure what the point is about helping citizens in other countries as well as our own? | |||
"I’m genuinely scared to buy a property. I don’t want to rent forever, but I feel like I’m buying at a high and it’ll crash leaving me in negative equity No idea what to do. Maybe just take my entire deposit and emigrate. With my trade I get express entry into a lot of countries " I am pretty sure Reading will just go up. But it's a risk. | |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! Was just going to say that! If only they taxed the billionaires and massive corporations their fair share they’d have enough money help everyone. There's enough money. The government chose to spend £37 billion pounds on Test n Trace which a cross party report concluded failed to make a measurable difference on the spread of the pandemic. The foreign aid budget in 2021 was £11.1 billion. Not sure what the point is about helping citizens in other countries as well as our own? " It’s the xenophobic mentality years of a Tory government has instilled. Us vs them. Rather than look at the people spunking millions up the wall it’s easier to blame those pesky foreigners. | |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! Was just going to say that! If only they taxed the billionaires and massive corporations their fair share they’d have enough money help everyone. There's enough money. The government chose to spend £37 billion pounds on Test n Trace which a cross party report concluded failed to make a measurable difference on the spread of the pandemic. The foreign aid budget in 2021 was £11.1 billion. Not sure what the point is about helping citizens in other countries as well as our own? It’s the xenophobic mentality years of a Tory government has instilled. Us vs them. Rather than look at the people spunking millions up the wall it’s easier to blame those pesky foreigners. " I am bemused why instead of pointing the finger at ministers (including the PM) lying outright about giving massive contracts to their pals - foreign aid is blamed. | |||
| |||
"I've no mortgage, no dependants but it will still affect me in some way. You still have to pay water,gas,electricity,fuel and thats without food. Russia/Ukrainian war isn't helping but the lockdown didn't help either as thousands were put on furlow and that cost the government, (no lets get it right ),the TAX PAYERS, millions.energy companies have been asked to cut there costs for years by the government and haven't. We only get 3% of our gas from Russia so why its so expensive who knows. Surely the saudis have enough oil to supply us with out having to pay huge amounts to Russia....but don't worry as we ALWAYS have enough money to help other countries rather than helping out our own people first. The last part of your post us so true! Was just going to say that! If only they taxed the billionaires and massive corporations their fair share they’d have enough money help everyone. There's enough money. The government chose to spend £37 billion pounds on Test n Trace which a cross party report concluded failed to make a measurable difference on the spread of the pandemic. The foreign aid budget in 2021 was £11.1 billion. Not sure what the point is about helping citizens in other countries as well as our own? It’s the xenophobic mentality years of a Tory government has instilled. Us vs them. Rather than look at the people spunking millions up the wall it’s easier to blame those pesky foreigners. I am bemused why instead of pointing the finger at ministers (including the PM) lying outright about giving massive contracts to their pals - foreign aid is blamed. " It’s always the foreigners. Unless we need their oil and then it’s not them foreigners, it’s the other ones. | |||
"Inflation is one of those evils we have to put up with, everyone blames everyone else for it but only people who really cause it are us! If you don't buy stuff the need for it drops the price, look at how petrol prices went below a quid during first pandemic as nobody used their cars. What's annoying me is all these interviews they doing at food banks with people saying they can't afford to heat their homes etc the amount still affording to buy cigarettes, drink booze and have all the sky channels!" Please don't. There are families with children using food banks when both parents work. Use of food banks has gone up 123% in five years. "Between 1 April 2020 and 31 March 2021, food banks in the Trussell Trust’s UK wide network distributed 2.5 million emergency food parcels to people in crisis, a 33% increase on the previous year. 980,000 of these went to children." | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it" Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. | |||
| |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times." 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party. | |||
"It got very stressy and political in here didn’t it." Sorry, I had to bite | |||
| |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party." They are responsible for the massive division in this country though. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party. They are responsible for the massive division in this country though. " The reality is any political party is divisive in the current climate. A Labour party in power wouldn't unite the country. The Liberals wouldn't. If Boris is the answer what is the question? Haha We have no plausible alternative for unity of any political persuasion. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party." Surprise myself and agree with u for once! X | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party. They are responsible for the massive division in this country though. The reality is any political party is divisive in the current climate. A Labour party in power wouldn't unite the country. The Liberals wouldn't. If Boris is the answer what is the question? Haha We have no plausible alternative for unity of any political persuasion." That we can agree on. The opposition, currently is awful and unless there’s a massive overhaul in politics then we’re stuck with what we’ve got. That’s enough seriousness from me today. Boobs, bum, gape | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party. They are responsible for the massive division in this country though. The reality is any political party is divisive in the current climate. A Labour party in power wouldn't unite the country. The Liberals wouldn't. If Boris is the answer what is the question? Haha We have no plausible alternative for unity of any political persuasion. That we can agree on. The opposition, currently is awful and unless there’s a massive overhaul in politics then we’re stuck with what we’ve got. That’s enough seriousness from me today. Boobs, bum, gape "In that order?  | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole. Your viewpoint doesn't reflect a lot of people with extra properties, successful businesses or wealth in general worked bloody hard. Not everyone had it handed to them. I pay ample tax, I pay significantly more than I get out. It's very easy to replay the 'for the many' mantra. I don't subscribe to your view. It is in my opinion very blinkered and tells a small part of peoples situation and 'wealth'. " I never said that people with wealth/property haven't worked hard or have had it handed to them. It seems to me like you are putting words in my mouth to suit your own agenda. For a start, I think that owning multiple housing property is morally bankrupt, especially private renting. I'm sure you do pay ample tax and pay in more than you get out, but the fact is that division between those that earn more and pay more than they get out are in a significant minority than those that do not, and the amount they earn tends to be significantly higher than the national average. You should be paying more. Clearly you do not subscribe to my view. I hate to say this to you but your view is just as blinkered as mine, this is why discourse is important. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it Other people with assets? The world is designed around debt (hence the drive for incredibly low interest rates) with assets used as collateral. People with property and shares do very well in tough times. 2008? Property and shares? Yes, if they buy and hold. However, some people don't have the experience to adopt this strategy. Many panicked and sold. So not everyone does well? Sweeping statements galore. Also, the point around not helping other countries is disgusting, Foreign Aid is a must for an outwardly responsible country. However, racism isn't a Tory manifesto point the last time I checked. Not everything bad is due to the Tory party. They are responsible for the massive division in this country though. The reality is any political party is divisive in the current climate. A Labour party in power wouldn't unite the country. The Liberals wouldn't. If Boris is the answer what is the question? Haha We have no plausible alternative for unity of any political persuasion. That we can agree on. The opposition, currently is awful and unless there’s a massive overhaul in politics then we’re stuck with what we’ve got. That’s enough seriousness from me today. Boobs, bum, gape
In that order? "Preferably but I’m not fussy | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole. Your viewpoint doesn't reflect a lot of people with extra properties, successful businesses or wealth in general worked bloody hard. Not everyone had it handed to them. I pay ample tax, I pay significantly more than I get out. It's very easy to replay the 'for the many' mantra. I don't subscribe to your view. It is in my opinion very blinkered and tells a small part of peoples situation and 'wealth'. I never said that people with wealth/property haven't worked hard or have had it handed to them. It seems to me like you are putting words in my mouth to suit your own agenda. For a start, I think that owning multiple housing property is morally bankrupt, especially private renting. I'm sure you do pay ample tax and pay in more than you get out, but the fact is that division between those that earn more and pay more than they get out are in a significant minority than those that do not, and the amount they earn tends to be significantly higher than the national average. You should be paying more. Clearly you do not subscribe to my view. I hate to say this to you but your view is just as blinkered as mine, this is why discourse is important." Indeed, I would have a different view if roles were reversed. I will continue on my road, working hard. Fact is, I am simply driven by never wanting to go back to the lifestyle I grew up in. No greed, just drive and a good old chip on my shoulder. I will always take my stance because I do think progression is possible. | |||
" Agreed, if they need money then they could just sell their property. They get bank plus it helps free up property for those that need it. I think thats a very simplistic view. if people with BTL sold them then all you would get is emplty homes as those renting them usually cant aford to buy. I remember back in the 90,s my mortgage was something like 12% but i was young and worked two jobs, it wasnt easy but managed. Now days it suits me to rent, yes its dead money but at this time of my life it works for me. I dont begrudge my landlord for owning a BTL, as if he didnt i would have nowhere to live, even back in the 80,s there were second home owners, nothing has really changed there, it has however become more common as people down size and want to invest. Despite renting i also have a home i rent out in a different part of the country, as it made scence to keep it rather than sell, my tenants are very happy there, and i cant think of a better way to save for retirement, and the rent covers my mortgage etc. It was my family home from when i was married, so to big for me, plus ive moved for work so it wouldnt work for me to stay there, not all landlords are rich fatcats milking the system, alot like me are for want of a better word, acidental landlords. And with house prices as high as they are, i cant see that changing anytime soon But surely if house prices are high then selling is a viable option? only if there is someone to buy it I'm sure there would be somebody to buy it if you sold it for an affordable price, but you wouldn't because property owners expect the prices to increase and get upset when prices fall. Besides, if wage increases actually matched the rise in property prices then there would be more interest in buying the property for the amount you want for it. But instead business owners prefer to keep the money rather than distribute it to the people that keep their businesses running. And yes that is a simplification that doesnt apply to all businesses, but it does apply to capitalism as a whole. Your viewpoint doesn't reflect a lot of people with extra properties, successful businesses or wealth in general worked bloody hard. Not everyone had it handed to them. I pay ample tax, I pay significantly more than I get out. It's very easy to replay the 'for the many' mantra. I don't subscribe to your view. It is in my opinion very blinkered and tells a small part of peoples situation and 'wealth'. I never said that people with wealth/property haven't worked hard or have had it handed to them. It seems to me like you are putting words in my mouth to suit your own agenda. For a start, I think that owning multiple housing property is morally bankrupt, especially private renting. I'm sure you do pay ample tax and pay in more than you get out, but the fact is that division between those that earn more and pay more than they get out are in a significant minority than those that do not, and the amount they earn tends to be significantly higher than the national average. You should be paying more. Clearly you do not subscribe to my view. I hate to say this to you but your view is just as blinkered as mine, this is why discourse is important. Indeed, I would have a different view if roles were reversed. I will continue on my road, working hard. Fact is, I am simply driven by never wanting to go back to the lifestyle I grew up in. No greed, just drive and a good old chip on my shoulder. I will always take my stance because I do think progression is possible." Good on you | |||
| |||
| |||
| |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s." Well this gov has done better than that, this is biggest drop in the standard of living ever recorded and the highest tax burden since 1949. I wasn’t a fan of Corbyn by any stretch but this gov has been a disaster in some many ways. Still, I’m in an income bracket where these sorts of things have little effect on my lifestyle. I’ll need to support my daughter, however. It’s her generation that I feel most concerned for. M | |||
| |||
| |||
"I heard on the news how the uk inflation is rising at its fastest rate for 30 years as fuel, energy and food costs surged, inflation is the rate at which prices rise, for example, if the price of a bottle of milk is £1 and it rises by 5p, then milk inflation is 5%, they say that the war in ukraine have a direct affect on it, what do you think? That might be one of the reasons for it." The fuel prices began rising rapidly long before Russia invaded the Ukraine. First it was a fuel shortage (rubbish) then it was the fault of immigrants (rubbish) and now it's the Russia/Ukraine situation which is horrible. All falsely inflated prices. | |||
| |||
| |||
"I’m genuinely scared to buy a property. I don’t want to rent forever, but I feel like I’m buying at a high and it’ll crash leaving me in negative equity No idea what to do. Maybe just take my entire deposit and emigrate. With my trade I get express entry into a lot of countries " Tbh that’s not a bad idea to bounce out of the UK.if you got in demand skills and no real anchor to hold you here go for it. I would love to get out of this hole of a country . Hoping within 3-5 years I can just bounce out . | |||
"Well, like for everybody, my money wont go as far. But what is interesting, is that our dear tory overlords are raising national insurance and plan to reduce income tax, while maintaining a loophole that that reduces national insurance for landowners. This has the effect of reducing tax on the wealthy and for those receiving unearned profits through private renting, with the slack being picked up by the poorest in society. Meanwhile the government plans to barely lift a finger to reduce the impact of rising fuel costs, once again putting profit ahead of the welfare of its citizens. Yeah, but that other fella would have sent us back to the 1970s." In 1975 petrol was about 17p per litre... I'll take the 70's
Plus, the music was better
Cal | |||
"I heard on the news how the uk inflation is rising at its fastest rate for 30 years as fuel, energy and food costs surged, inflation is the rate at which prices rise, for example, if the price of a bottle of milk is £1 and it rises by 5p, then milk inflation is 5%, they say that the war in ukraine have a direct affect on it, what do you think? That might be one of the reasons for it. The fuel prices began rising rapidly long before Russia invaded the Ukraine. First it was a fuel shortage (rubbish) then it was the fault of immigrants (rubbish) and now it's the Russia/Ukraine situation which is horrible. All falsely inflated prices." Fuel prices are controlled by the producers, they are still cross about lockdowns leaving them with a surplus they struggled to store. Consequently they are keeping production low to keep demand high... and prices with it. Obviously Russia contributes to the global fossil fuels market, but there is plenty of capacity to cope without them. Unfortunately Opec are choosing to keep the prices high. Cal | |||
| |||
| |||
| |||
| |||
"The same as it’ll affect every other person, stuff will get more expensive. I’ll be able to afford less. I’ll have to spend less. " For some people, it'll affect them differently. Some people are having to choose between the heating and eating. I'm going to have to be more careful. I'll only get my nails done once a month instead instead of twice. No take aways. And I've stopped using my tumble dryer. I'm also being very careful when I'm shopping. And I'm buying more second hand again. | |||
"My mortgage is fixed thank goodness " • Mine too, thank goodness. I renewed mine in December. And my mortgage advisor is brilliantly proactive. | |||
| |||
"I heard on the news how the uk inflation is rising at its fastest rate for 30 years as fuel, energy and food costs surged, inflation is the rate at which prices rise, for example, if the price of a bottle of milk is £1 and it rises by 5p, then milk inflation is 5%, they say that the war in ukraine have a direct affect on it, what do you think? That might be one of the reasons for it. The fuel prices began rising rapidly long before Russia invaded the Ukraine. First it was a fuel shortage (rubbish) then it was the fault of immigrants (rubbish) and now it's the Russia/Ukraine situation which is horrible. All falsely inflated prices." Yes, it feels like there is some kind of agenda behind it doesnt it. | |||
"I heard on the news how the uk inflation is rising at its fastest rate for 30 years as fuel, energy and food costs surged, inflation is the rate at which prices rise, for example, if the price of a bottle of milk is £1 and it rises by 5p, then milk inflation is 5%, they say that the war in ukraine have a direct affect on it, what do you think? That might be one of the reasons for it. The fuel prices began rising rapidly long before Russia invaded the Ukraine. First it was a fuel shortage (rubbish) then it was the fault of immigrants (rubbish) and now it's the Russia/Ukraine situation which is horrible. All falsely inflated prices.Yes, it feels like there is some kind of agenda behind it doesnt it." | |||
| |||
