UK inflation in shock jump to 4.4pc and borrowing rises

[RichardD]

superkartracer said:

...About £200 a pair, these were on offer rather than factory seconds, i'd not pay the full £350 price tbh, i like a deal.
...

I'm not sure if that is a lot of money or not.

If they were made in a far eastern sweatshop then I think the price is stupendous.

If they were made by a man called George in a little workshop at the seaside then the price seems better.

Do you know where they originate?

[ringram]

NoelWatson said:

I'm not sure I follow your logic

Inflation risk. Fixed rate mortgages. Variable mortgages based on BoE rates.
Real returns are dented.

[NoelWatson]

ringram said:

Inflation risk. Fixed rate mortgages. Variable mortgages based on BoE rates.
Real returns are dented.

They don't have inflation risk. They borrow fixed rates in money markets, and hedge using swaps. Variable rates are based on LIBOR, and that is passed (more or less) onto the borrower.

[ringram]

Are you suggesting they are fully hedged against inflation!? Surely the cost would be prohibitive?
History suggests nothing is fully hedged.

[NoelWatson]

ringram said:

Are you suggesting they are fully hedged against inflation!? Surely the cost would be prohibitive?
History suggests nothing is fully hedged.

I don't see how inflation comes into it. Indeed, they cannot be fully hedged, the money markets may not lend to them.

[superkartracer]

RichardD said:

I'm not sure if that is a lot of money or not.

http://www.church-footwear.com/

[Digga]

superkartracer said:

Digga said:

hat's two pairs at 'shop' prices, right?

I get mine here: http://www.herringshoes.co.uk/product-list.php?bra...

Yes but had 4 pairs from the the Village , cracking shoes tho, even if i lost part of my heel to blisters..

About £200 a pair, these were on offer rather than factory seconds, i'd not pay the full £350 price tbh, i like a deal.

Flash git

(I save mine 'for best'.

Most workdays I tend to be scruffier, especially since I'm in the habit if mooching over to our engineering works and tramping about in oil and swarf. For which I cannot but recommend Blundestone boots - utterly indestructible.)

[Legend83]

DJC said:

She's an idiot

Pretty uncalled for to be honest.

[RichardD]

superkartracer said:

RichardD said:

I'm not sure if that is a lot of money or not.

http://www.church-footwear.com/

OK, prices seem jolly fine for what they are .

[Ozzie Osmond]

RPI at 5.5% in Feb is, I think, the highest rate of annual increase for 20 years!

[DJC]

superkartracer said:

Just spent £700 odd on Church's if that helps, Oh and £220 on some Scarpa Manta's and another £300 on some Omega's and to finish off some new Lakes to go with my new Speedplays that cost £300.

Shoes will cripple the UK

Well I wasnt going to mention the Church and Chenney pairs I have

[DJC]

RichardD said:

I'm not sure if that is a lot of money or not.

If they were made in a far eastern sweatshop then I think the price is stupendous.

If they were made by a man called George in a little workshop at the seaside then the price seems better.

Do you know where they originate?

Northampton isnt it?

[Pork]

DJC said:

Northampton isnt it?

[superkartracer]

Digga said:

Flash git

(I save mine 'for best'.

Ha ha, lifes too short for best , saying that, yours would last 5 minutes be the sounds of things

[allgonepetetong]

Badgerboy said:

The money that I have prudently saved away may actually start generating some cash?

Not very prudent to have it sitting around in cash. Why is is not invested?
You can't complain about not making any money if it's not invested.

[allgonepetetong]

MadMullah said:

there's little to no incentive for people to save right now. i save from my menial wage a good 30-40% of it and unless i need to make an expenditure i dont do the splashin out

but whats the point of keeping it in a bank etc if i'm gettin a petty return in my investment

rewarding the careless in soceity is a common trait that needs to be stopped.

Rubbish, I saved my full ISA amount last year and so far - yep, it's made 12%. Seems like a fairly good return to me.

[allgonepetetong]

DJC said:

Ebay? Brand New With Tags footwear can be got for a tenner on there.
Brantano do cheap shoes.
Decathalon do cheap shoes.
Tesco do cheap shoes.

Its pretty easy actually.

You must look really look the part in business meetings and job interviews!

[Legend83]

allgonepetetong said:

Rubbish, I saved my full ISA amount last year and so far - yep, it's made 12%. Seems like a fairly good return to me.

In a cash ISA?

[NoelWatson]

allgonepetetong said:

You can't complain about not making any money if it's not invested.

You can, in theory. It is unusual for the real interest rate to be negative.

[allgonepetetong]

Legend83 said:

allgonepetetong said:

Rubbish, I saved my full ISA amount last year and so far - yep, it's made 12%. Seems like a fairly good return to me.

In a cash ISA?

I don't think there are any cash ISAs paying more that 3.5% currently.