Cost of living squeeze in 2022
Discussion
rxe said:
I have to agree with this. In my profession, people are moving employer for 30% pay rises. Off the scale demand, basically anyone with a pulse and a smattering of experience can get a well paid job (technology).
At the other end of the job market, my 19 year old son has finished his first year at uni, and is after summer work. The first email he sent, got him a job at about 15 an hour, and he started work almost immediately.
That fits my experience too, the job market is very healthy for now, my son is finishing his internship to go back to his last year at Uni and the large FMCG he works at want to retain him for when he has graduated. But it's probably the sign of deepening divides between those who are genuinely going to struggle and those who are going to be OK because of their age or region or qualifications. My fear is the deepening of social inequalities and unrest due to anger/bitterness/desperation, even seen in this very thread. At the other end of the job market, my 19 year old son has finished his first year at uni, and is after summer work. The first email he sent, got him a job at about 15 an hour, and he started work almost immediately.
rxe said:
I have to agree with this. In my profession, people are moving employer for 30% pay rises. Off the scale demand, basically anyone with a pulse and a smattering of experience can get a well paid job (technology).
At the other end of the job market, my 19 year old son has finished his first year at uni, and is after summer work. The first email he sent, got him a job at about 15 an hour, and he started work almost immediately.
Wages rise excessively, inflation increases, BOE increases interest rates further, demand reduces. Vicious cycle.At the other end of the job market, my 19 year old son has finished his first year at uni, and is after summer work. The first email he sent, got him a job at about 15 an hour, and he started work almost immediately.
The economic fall out is only just beginning. In a recession job security also significantly reduces. Multiple sectors take a hit.
JagLover said:
Most Co-ops are smaller retail units and so you would expect them to be a bit pricier accordingly.
How much more expensive they are then a larger supermarket tends to depend on the products you are buying.
To be fair to Co-Op, it’s the same with Tesco Express and Sainsbury’s Locals. How much more expensive they are then a larger supermarket tends to depend on the products you are buying.
Key items like milk and bread tend to the same as their large supermarkets but there is always a difference in price on most other stuff.
You’re paying for convenience and that it costs more per square foot to run one of these smaller outfits than the big megastores.
Dracoro said:
And, unless being used for the big shop, as most are local it’s a lot cheaper than driving to Tesco or whatever!
You pay a little more for the convenience/locality.
Half a gallon of petrol to go to supermarket and back (14 mile round trip) which is 3 or so (only fuel costs). So I need to make at least 3 of savings to make it worthwhile (ignoring the wasted time driving etc.). If milk is 10p more, that’s 30 bottles I need to buy to be worth the drive
We have a local supermarket in the village which is a few pence more on most things than Tesco although they do have some things that are cheaper/same price You pay a little more for the convenience/locality.
Half a gallon of petrol to go to supermarket and back (14 mile round trip) which is 3 or so (only fuel costs). So I need to make at least 3 of savings to make it worthwhile (ignoring the wasted time driving etc.). If milk is 10p more, that’s 30 bottles I need to buy to be worth the drive
The nearest “big” shops Tesco, Aldi are in the nearest town which is 22 miles away .. so a 44 mile round trip which in my diesel X3 is over a gallon so it’s going to cost me possibly more than £10
It’s certainly something to consider and now I do think twice about just popping in to browse or pick up a bit of stuff
Tesco/Aldi are becoming monthly visits for bulk buying non perishable stuff and daily fresh food is from the local shop
We went for a meal a couple of weeks ago in the major town here which is 45 miles away
It cost £6 to park for three hours and 90 miles of fuel, possibly £20 that’s before we bought the dinner
It does tend to focus the mind when you think about it
Earthdweller said:
We have a local supermarket in the village which is a few pence more on most things than Tesco although they do have some things that are cheaper/same price
The nearest “big” shops Tesco, Aldi are in the nearest town which is 22 miles away .. so a 44 mile round trip which in my diesel X3 is over a gallon so it’s going to cost me possibly more than 10
It’s certainly something to consider and now I do think twice about just popping in to browse or pick up a bit of stuff
Tesco/Aldi are becoming monthly visits for bulk buying non perishable stuff and daily fresh food is from the local shop
We went for a meal a couple of weeks ago in the major town here which is 45 miles away
It cost 6 to park for three hours and 90 miles of fuel, possibly 20 that’s before we bought the dinner
It does tend to focus the mind when you think about it
Do any of those deliver? Could be a significant saving to you. The nearest “big” shops Tesco, Aldi are in the nearest town which is 22 miles away .. so a 44 mile round trip which in my diesel X3 is over a gallon so it’s going to cost me possibly more than 10
It’s certainly something to consider and now I do think twice about just popping in to browse or pick up a bit of stuff
Tesco/Aldi are becoming monthly visits for bulk buying non perishable stuff and daily fresh food is from the local shop
We went for a meal a couple of weeks ago in the major town here which is 45 miles away
It cost 6 to park for three hours and 90 miles of fuel, possibly 20 that’s before we bought the dinner
It does tend to focus the mind when you think about it
Worth checking all options
Armchair_Expert said:
troika said:
Coop is a bloody rip off. There is a very nice one near me but Christ it’s expensive. The Tesco express I can also walk to is so much cheaper it’s a joke.
I don't know how they get away with being so expensive.RizzoTheRat said:
Just be glad you’re not in Sri Lanka, no fuel, no food, shortage of medical supplies and medicine, riots and they’ve just defaulted on their debt Looking nasty
https://news.sky.com/story/sri-lanka-violence-burn...
https://www.dailymirror.lk/latest_news/The-next-co...
On the other hand we have a Tesco Express round corner from us, and I loathe it. The space is too small, meaning they literally have f
k all. I go by the motto "whatever you want they won't have it" - as it is literally one option for any particular item there is so little space. Great for fags and booze, but if you want salad or veg or anything else, forget it - one option of bagged salad ( that cheap florette leaves thing ), bog basic st tomatoes only, 4 x baking potatoe in a bag only, no chillis, no herbs, utter ste.
k all. I go by the motto "whatever you want they won't have it" - as it is literally one option for any particular item there is so little space. Great for fags and booze, but if you want salad or veg or anything else, forget it - one option of bagged salad ( that cheap florette leaves thing ), bog basic st tomatoes only, 4 x baking potatoe in a bag only, no chillis, no herbs, utter ste.RizzoTheRat said:
The Weimar Republic. German memories are long.The UK Govt and the BOE will absolutely do everything to control inflation.
The UK base rate in 1979 was 17%.
anonymous said:
[redacted]
I think this is happening to me. Was only thinking this morning that we seem to be throwing away minimal stuff at the moment and shopping bills are marginally lower.
I guess all the constant hammering of the press about this makes you think a little more.
Luckily I have few financial worries, but it somehow seems wrong to just waste money when others are struggling. Focuses the mind a little.
En masse though, it really doesn't help the economy.
Throttlebody said:
RizzoTheRat said:
The Weimar Republic. German memories are long.The UK Govt and the BOE will absolutely do everything to control inflation.
The UK base rate in 1979 was 17%.
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