Cost of living crisis
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- Hammer1966
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Re: Cost of living crisis
Increase in job shy, feckless, pyjama wearing parents
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- btajim - mcfc
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Re: Cost of living crisis
I see at least one dressing gown / pair of pyjamas on my walk to work daily.Hammer1966 wrote: ↑Fri Dec 02, 2022 9:39 am Increase in job shy, feckless, pyjama wearing parents
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- bubbles1966
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Re: Cost of living crisis
Saw petrol below £1.50 today at the Green Man roundabout; US inflation in decline so the £ is up to near $1.25, with the likelihood that US interest rates are not going as high as was being signalled two/three months ago.
Looks like we are at or really near peak inflation.
Guessing that inflation will be unchanged tomorrow, interest rates up 0.25-0.5% on Thursday and then some respite.
Looks like we are at or really near peak inflation.
Guessing that inflation will be unchanged tomorrow, interest rates up 0.25-0.5% on Thursday and then some respite.
- the pink palermo
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Re: Cost of living crisis
Yesterday Bubbles you were posting articles from Politico about the deindustrialisation of Germany, due to inflation.
Today, you are saying we've peaked.
Earlier i saw a young lady who was head of some banks global strategy ( honestly we are a **** hair away from someone titled Intergalactic king of everything)'saying the USA faces a deep recession in Q4 next year.
China? Who knows?
Personally i think we face much higher gas prices next winter, and i dont see significant growth in our economy until 2025 at the earliest.
Today, you are saying we've peaked.
Earlier i saw a young lady who was head of some banks global strategy ( honestly we are a **** hair away from someone titled Intergalactic king of everything)'saying the USA faces a deep recession in Q4 next year.
China? Who knows?
Personally i think we face much higher gas prices next winter, and i dont see significant growth in our economy until 2025 at the earliest.
- bubbles1966
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Re: Cost of living crisis
That was weeks ago, and it's the cost of energy specifically that is doing for them.the pink palermo wrote: ↑Tue Dec 13, 2022 2:54 pm Yesterday Bubbles you were posting articles from Politico about the deindustrialisation of Germany, due to inflation.
- wolf359
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Re: Cost of living crisis
141.9 in the grim North (Hindley Green, on the edge of Wigan to be exact) yesterday. Be in the 130s next week.bubbles1966 wrote: ↑Tue Dec 13, 2022 2:39 pm Saw petrol below £1.50 today at the Green Man roundabout
- the pink palermo
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Re: Cost of living crisis
The article had long words, took me a while to read it.bubbles1966 wrote: ↑Tue Dec 13, 2022 3:28 pm That was weeks ago, and it's the cost of energy specifically that is doing for them.
- Denbighammer
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Re: Cost of living crisis
Isn't a big part of the cost of living crisis a function of the decisions taken during covid & then over Ukraine?
Paying 80% of everyone's wages to keep people safe from covid has a cost. When the pandemic was big and scary, people were saying "something must be done! We should pay whatever we need to go get ventilators/PPE and splurge on unlimited furlough payments & business funding. We can worry about the cost later!" Well, we spent and spent and spent and "later", is now.
The same with Ukraine. We could have carried on importing Russian oil and gas and saved ourselves a fortune by doing a deal with Vlad the Invader. We didn't (rightly so IMO) because it was the principled thing to do but those principles cost money. Money we now have to find. People cannot have it both ways surely?
Paying 80% of everyone's wages to keep people safe from covid has a cost. When the pandemic was big and scary, people were saying "something must be done! We should pay whatever we need to go get ventilators/PPE and splurge on unlimited furlough payments & business funding. We can worry about the cost later!" Well, we spent and spent and spent and "later", is now.
The same with Ukraine. We could have carried on importing Russian oil and gas and saved ourselves a fortune by doing a deal with Vlad the Invader. We didn't (rightly so IMO) because it was the principled thing to do but those principles cost money. Money we now have to find. People cannot have it both ways surely?
- the pink palermo
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Re: Cost of living crisis
Den, people have always wanted it both ways.
A Western European social model, funded by an American tax style tax base.
The two are incompatible.
The public lies to itself. It always has.
Someone on average earnings, in todays money, will pay something like £250k income tax and NI if they work for 40 years.
They then get a refund of £ 150k in the form of a pension.
The maths dont add up. They never have.
A Western European social model, funded by an American tax style tax base.
The two are incompatible.
The public lies to itself. It always has.
Someone on average earnings, in todays money, will pay something like £250k income tax and NI if they work for 40 years.
They then get a refund of £ 150k in the form of a pension.
The maths dont add up. They never have.
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- dasnutnock3
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Re: Cost of living crisis
We spent more on heating and powering our home yesterday than our mortgage repayment for the day.
- Tenbury
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Re: Cost of living crisis
Immensely fortunate, here. Still have (just about) a small public swimming pool, and a decent library, so...
7AM, To the pool, swift(ish) walk in shallow end ( hip therapy) then long hot shower [ £20 per month by DD.]
9. 30 AM To the Library, 3hrs comfy chair, nice and warm read books/paper/free internet/etc. [all free]
Strongly suspect both facilities will soon fall foul of spending cuts, but in the meantime they make winter bearable.
7AM, To the pool, swift(ish) walk in shallow end ( hip therapy) then long hot shower [ £20 per month by DD.]
9. 30 AM To the Library, 3hrs comfy chair, nice and warm read books/paper/free internet/etc. [all free]
Strongly suspect both facilities will soon fall foul of spending cuts, but in the meantime they make winter bearable.
Re: Cost of living crisis
Talking of petrol, I've just spotted 139.9, as of yesterday, about 5 miles away at a Jet garage on the petrol prices app. A couple of supermarkets in the 140s, probably because of it and then everything else looks to be coming in at 150+. I'm over in Oxfordshire.
- sendô
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Re: Cost of living crisis
Staying up town last night, we went to a local Chinese restaurant for some food. It was a proper authentic place, very extensive menu with traditional dishes and not the sort of westernised food you get at a lot of Chinese restaurants.
Anyway, they didn't have their heating on. The restaurant was cold as f***. The waiter/owner was serving us wearing a jacket and scarf.
Anyway, they didn't have their heating on. The restaurant was cold as f***. The waiter/owner was serving us wearing a jacket and scarf.
- smuts
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Re: Cost of living crisis
God knows how much it's cost us in heating so far this week. Typical that the coldest December week in years hits as energy bills go through the roof. Minus 7 in the car this morning.dasnutnock3 wrote: ↑Thu Dec 15, 2022 7:41 am We spent more on heating and powering our home yesterday than our mortgage repayment for the day.
Luckily next week is meant to be milder.
- SammyLeeWasOffside
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Re: Cost of living crisis
The authentic Chinese experience. Did you get run over by a tank on the way out?sendô wrote: ↑Thu Dec 15, 2022 8:43 am Staying up town last night, we went to a local Chinese restaurant for some food. It was a proper authentic place, very extensive menu with traditional dishes and not the sort of westernised food you get at a lot of Chinese restaurants.
Anyway, they didn't have their heating on. The restaurant was cold as ****. The waiter/owner was serving us wearing a jacket and scarf.
- -DL-
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Re: Cost of living crisis
From 1st of January through until March, most bus operators (all the main ones are part of it) will be part of a government scheme whereby nobody will pay more than £2 for a single journey.
Hopefully it will increase ridership, and hopefully, we'll retain the ridership once the scheme ends.
Hopefully it will increase ridership, and hopefully, we'll retain the ridership once the scheme ends.
- Hummer_I_mean_Hammer
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Re: Cost of living crisis
is that going to be nation wide? bloody good idea if it is.-DL- wrote: ↑Wed Dec 21, 2022 8:42 am From 1st of January through until March, most bus operators (all the main ones are part of it) will be part of a government scheme whereby nobody will pay more than £2 for a single journey.
Hopefully it will increase ridership, and hopefully, we'll retain the ridership once the scheme ends.
edit: bet the tight wads in my neck of the woods don't sign up to it.
- -DL-
- Bag Man
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Re: Cost of living crisis
Yes, nationwide. Arriva, Stagecoach, First Group, Go-Ahead Group, National Express (buses only), and all major municipal operators (as well as many of the smaller ones) have signed up to it.Hummer_I_mean_Hammer wrote: ↑Wed Dec 21, 2022 9:49 am is that going to be nation wide? bloody good idea if it is.
edit: bet the tight wads in my neck of the woods don't sign up to it.
It's worth their while to, as they're being given government subsidies to do so.
Check your local companies social media platforms.