Cost of living squeeze in 2022, 23 & 24 (Vol. 2)
Discussion
snuffy said:
Downward said:
Just turned on BBC 1 for Rip off Britain cost of living special.
They are discussing holidays abroad and one persons wrote in about her holiday to Cuba.
Wow talk about not reading the room
Why?They are discussing holidays abroad and one persons wrote in about her holiday to Cuba.
Wow talk about not reading the room
Quick turn off the heating Barb there’s holidays to Cuba to book.
JagLover said:
Earthdweller said:
Isn’t it due in the main to the drop in fuel prices which the Chancellor wants to increase by 12% ?
I think that is a 23% rise in fuel duty, increasing the price by about 12p a litre.That one is a bit unusual in that the legislation is in place for it to go up by the RPI but then this is usually cancelled every year (since 2010).
I can see them restoring the 5p cut in fuel duty that was an emergency response to the pandemic but if they put it up by 12p it would be further confirmation they have given up on the next election.
My rip off nursery (who are jacking the fees up 20pc in one go very shortly) emailed me today asking me for confirmation whether I still want to keep her at nursery and they finished off their email saying they were hopeful for some "positive good news in respect of Florence's attendance at the nursery".
The email was headed "Florence's termination", believe it or not.
It's like they a deliberately trying to rub my face in the fact they have everyone, including me, totally over a barrel.
The email was headed "Florence's termination", believe it or not.
It's like they a deliberately trying to rub my face in the fact they have everyone, including me, totally over a barrel.
ChunkyloverSV said:
JagLover said:
Earthdweller said:
Isn’t it due in the main to the drop in fuel prices which the Chancellor wants to increase by 12% ?
I think that is a 23% rise in fuel duty, increasing the price by about 12p a litre.That one is a bit unusual in that the legislation is in place for it to go up by the RPI but then this is usually cancelled every year (since 2010).
I can see them restoring the 5p cut in fuel duty that was an emergency response to the pandemic but if they put it up by 12p it would be further confirmation they have given up on the next election.
Edited by JagLover on Friday 20th January 07:48
princeperch said:
My rip off nursery (who are jacking the fees up 20pc in one go very shortly) emailed me today asking me for confirmation whether I still want to keep her at nursery and they finished off their email saying they were hopeful for some "positive good news in respect of Florence's attendance at the nursery".
The email was headed "Florence's termination", believe it or not.
It's like they a deliberately trying to rub my face in the fact they have everyone, including me, totally over a barrel.
Well I suspect they have probably had a huge increase in costs like everybody else.The email was headed "Florence's termination", believe it or not.
It's like they a deliberately trying to rub my face in the fact they have everyone, including me, totally over a barrel.
GranpaB said:
Well I suspect they have probably had a huge increase in costs like everybody else.
The previous nursery we used to use (who were good but charged like a wounded bull) only put their fees up ten pc this year. As did pretty much everyone else. I'd have paid that without much grumbling. 20pc is opportunistic and a complete piss take.
princeperch said:
GranpaB said:
Well I suspect they have probably had a huge increase in costs like everybody else.
The previous nursery we used to use (who were good but charged like a wounded bull) only put their fees up ten pc this year. As did pretty much everyone else. I'd have paid that without much grumbling. 20pc is opportunistic and a complete piss take.
Maybe their lower costs before had them right on the edge whereas your previous provider had more of a buffer...so your new one has to put costs up more than the old one? What are the comparative costs between the two after the rises?
Or maybe they're realising they were charging 10% less than the competition and want to make more money...
I think you were reading too much into a poorly worded communication...
Shop around.
princeperch said:
GranpaB said:
Well I suspect they have probably had a huge increase in costs like everybody else.
The previous nursery we used to use (who were good but charged like a wounded bull) only put their fees up ten pc this year. As did pretty much everyone else. I'd have paid that without much grumbling. 20pc is opportunistic and a complete piss take.
So that'll be 10-20% on top of a new-to-us £1300 monthly expenditure, as well as the mortgage going up in August (either just from rate increases or anew house, as we're looking).
The spreadsheet says we'll manage but these next few years we're going to be watching the pennies a lot more carefully.
Is it really as bad as the numbers suggest?
Here's a view from the FT (so access issues apply).
https://www.ft.com/content/ef830f78-75ee-4b91-a48e...
Here's a view from the FT (so access issues apply).
https://www.ft.com/content/ef830f78-75ee-4b91-a48e...
turbobloke said:
Is it really as bad as the numbers suggest?
Here's a view from the FT (so access issues apply).
https://www.ft.com/content/ef830f78-75ee-4b91-a48e...
For years I’ve been saying that stuff on here and been shouted-down.Here's a view from the FT (so access issues apply).
https://www.ft.com/content/ef830f78-75ee-4b91-a48e...
FT said:
Incomes of the poor, those at the 10th percentile, are lower in the UK than in Slovenia.
The post-GFC performance has been woeful.The vast vast majority of Brits are not in that last percentile, so frankly we(society) didn’t care. They weren’t “visible”. Politicians didn’t care as they weren’t viable voters. It was expected such ppl were Labour voters and that was that.
That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
DeejRC said:
The vast vast majority of Brits are not in that last percentile, so frankly we(society) didn’t care. They weren’t “visible”. Politicians didn’t care as they weren’t viable voters. It was expected such ppl were Labour voters and that was that.
That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
3 groups in society. That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
1) the very rich - pay no tax take nothing from society
2) the middle - pay large tax get no direct benefits but do get wider benefits
3) the poor - pay no tax get direct benefits from the state.
The key in government is maintaining the status quo of each group.
DeejRC said:
The vast vast majority of Brits are not in that last percentile, so frankly we(society) didn’t care. They weren’t “visible”. Politicians didn’t care as they weren’t viable voters. It was expected such ppl were Labour voters and that was that.
That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
Doesnt inflation of 5% this year coupled with inflation of 10% last year mean we will be poorer than ever?That has been a change in the last 12months with the situation - it’s become newsworthy as Mays JAMs became “poor”. Suddenly that section of society was important/interesting.
When IRs start lowering again and inflation starts coming down and the JAMs move back into the black, watch the interest wane away. The fuel figures are already coming down, the peak has passed and will only go more that way as winter closes out into the warmer, more “feel good” times.
Add in utility bill relief ending and people coming off fix rate mortgages and it's a pretty toxic mix for the next few years IMO.
Hardly "feel good times"...Any expectation things will be broadly better by the next GE? (Inflation being the main one I guess, nonewithstanding my earlier comment)
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff