It won't but it maybe should open a discussion about salary weighting. Why London or why only london? Should min wage have an geographical element added?
Reduce the minimum wage by a penny a mile for every mile that someone lives from London, with an additional penalty of a flat rate of a fiver an hour for living in Yorkshire.
I think that has solved this matter. Now our elected representatives need to deal with the legal jargon and get it into action.
Nationwide handing out £340m to their customers as a "thank you" and distributing some of their profit. Nice touch from them (£100 a customer i believe).
kenthammer1984 wrote: ↑Fri May 19, 2023 2:16 pm
Nationwide handing out £340m to their customers as a "thank you" and distributing some of their profit. Nice touch from them (£100 a customer i believe).
chelmsfordhammer91 wrote: ↑Fri May 19, 2023 2:22 pm
Does it include mortgages with them?
To be eligible, members must use Nationwide as their main current account and have one other product – either a savings account or a mortgage – with a minimum £100 balance.
That misses me unfortunately. Nice touch though. We won £100 last year from them in some monthly draw they do.
mumbles87 wrote: ↑Fri May 19, 2023 5:13 pm
Turns out joint accounts get £100 each. Thats a nice touch
What’s the rules around joint accounts? I have a current account and a savings account and get the £100. My wife has just a current account and gets nothing and we have a joint account which takes care of all the house bills/mortgage etc (mortgage is from a different bank, just the payment comes out of them nationwide joint account).
kenthammer1984 wrote: ↑Sat May 20, 2023 10:54 pm
What’s the rules around joint accounts? I have a current account and a savings account and get the £100. My wife has just a current account and gets nothing and we have a joint account which takes care of all the house bills/mortgage etc (mortgage is from a different bank, just the payment comes out of them nationwide joint account).
Depends what type of joint
If flex plus you just need to have paid the fee ..
If normal in the 2 months previous to march you need £500 paid into the account each month and 2 bills paid out
If you meet that then your both members so 2 payments
Hadn't been shopping at our local Coop in a while -
Spotted a tin of Heinz Baked Beans 400g priced....£1.70
I put 3 x bottles of our boy's favourite soft drink , Black Cherry Raspberry Rubicon spring water 1.5 ltr in my basket - £2.00 per bottle - I put them back on the shelf - they're £1.40 at Tesco .
One week it's £1.25 at the Coop the next it's £2.00 - there's no justification for this inconsistency in price .
When did a 400g tin of beans suddenly become £1.70 ???
The Old Man of Storr wrote: ↑Sun May 21, 2023 12:10 am
Hadn't been shopping at our local Coop in a while -
Spotted a tin of Heinz Baked Beans 400g priced....£1.70
I put 3 x bottles of our boy's favourite soft drink , Black Cherry Raspberry Rubicon spring water 1.5 ltr in my basket - £2.00 per bottle - I put them back on the shelf - they're £1.40 at Tesco .
One week it's £1.25 at the Coop the next it's £2.00 - there's no justification for this inconsistency in price .
When did a 400g tin of beans suddenly become £1.70 ???
That's not 10% inflation .
It's just pure profiterring, seeing what they can get away with, enough people buy it at x they will keep it that price
I shop at the coop for two reasons - to get a paper for my dad and to check out the cheapo/ reduction sections which are great value for money. Some products in that section areamazingly good value- vegan stuff esepcially. Fruit, veg, bread and even some fridge based items are up to 90% cheaper. I got some vegan mayo that usually sells for £2.40 for 24 p. (Sorry Dan!) They even have some decent cheapo beer.
On the other hand I do not buy any other items because 99% of their stock is vastly overpriced.
That's why I went to Lidel today to get the same goods the co-op sells - but 15% cheaper.
Food inflation is 19.1%
Inflation stubbornly holding at 8.7% - this month was supposed to see a cliff edge drop.
Core inflation, stripping out food and energy prices, on the rise from 6.2% to 6.8%.
So we're all getting poorer, just at a slightly slower rate than we were a month ago.
fmgod wrote: ↑Mon May 22, 2023 10:07 am
It's just pure profiterring, seeing what they can get away with, enough people buy it at x they will keep it that price
Every item at the Coop had always been 50p - £1 dearer than Tesco but now it's getting ridiculous -
Tesco , Asda and now Morrisons have started delivering to Skye though Morrisons don't stop at Broadford [ our nearest village , 10 miles away ] - they do go to Portree which is further away but not Broadford , we saw their van in Plockton [ mainland ] so perhaps their customer base are of the wealthier kind .
Off to Inverness for a few days , I might seek out a Waitrose as I'm into One Upmanship . Well , I might steal a couple of their carrier bags and pretend I went shopping there , we'll see .
sendô wrote: ↑Wed May 24, 2023 11:20 am
Because further increasing the cost of paying off the mortgage for people already struggling is the way to get money flowing through the economy.
They aren't trying to get money flowing through the economy - they are trying to take it out to control inflation. That's the point.
Except inflation isn't being driven by "too much" money in the economy.
The reality is inflation is the excuse to take money from the pockets of working class people now that they're tightening their wallets by no longer gobbling up cheap debt.
fmgod wrote: ↑Mon May 22, 2023 10:06 am
The average price tag on a home jumped £6,647 in May to a record £372,894
I wish I could spend that money I made on normal stuff. But it's locked in, and all relative, because if I switched homes that's gone up too plus a enormous amount of stamp duty to pay.
Relative wealth of a home owner frankly means nothing. Unless you sell and live in a tent.
