Gas & Electricity

Alan Harper's Tash said:
I know really. It just seems like made up money that no one would miss if it wasn’t repaid.
Click to expand...
Yep! Not as high as WW2 though and we came back from that. Gas and electric is one problem but I had a letter off my mortgage company today saying my payment was going up 120%! Fortunately I can pay some of it off to keep the monthly payment lower, but there will be millions who can’t.
 
Millwallawayveteran1988 said:
Yep! Not as high as WW2 though and we came back from that. Gas and electric is one problem but I had a letter off my mortgage company today saying my payment was going up 120%! Fortunately I can pay some of it off to keep the monthly payment lower, but there will be millions who can’t.
Click to expand...
I’d like your post, but doesn’t seem appropriate.

This is why the cost of living is becoming a crisis.

People under 45 haven’t really lived through times like we’re about to face. (Well, the kind of have, but as kids)

The last 25 years have been mostly sweet. Cheap credit, so as long as your salaries are decent, you can postpone thinking about paying the balance off down the road.

The chickens are coming home to roost for quite a few very soon, sadly.
 
Alan Harper's Tash said:
I’d like your post, but doesn’t seem appropriate.

This is why the cost of living is becoming a crisis.

People under 45 haven’t really lived through times like we’re about to face. (Well, the kind of have, but as kids)

The last 25 years have been mostly sweet. Cheap credit, so as long as your salaries are decent, you can postpone thinking about paying the balance off down the road.

The chickens are coming home to roost for quite a few very soon, sadly.
Click to expand...
Yes I’ve seen it before. I worked on the arrears department for Bradford and Bingley in the early 90’s when rates were Sky high. People were having their homes repossessed left right and centre and arrears levels were horrendous. There will be people coming off 5 year fixed rates at between 1-2% and jumping to rates between 3-4%. They could go higher too! As houses prices have rocketed recently, anyone who has bought their first home in the last few years will be praying this is sorted before their rate comes to an end.
 
Millwallawayveteran1988 said:
Yes I’ve seen it before. I worked on the arrears department for Bradford and Bingley in the early 90’s when rates were Sky high. People were having their homes repossessed left right and centre and arrears levels were horrendous. There will be people coming off 5 year fixed rates at between 1-2% and jumping to rates between 3-4%. They could go higher too! As houses prices have rocketed recently, anyone who has bought their first home in the last few years will be praying this is sorted before their rate comes to an end.
Click to expand...
Where we are as a country in 18 months, I do not know.

All options are open and we have a simpleton in charge with no values.

Place your bets now.
 
BlueHammer85 said:
Emmanuel Macron says he wants a 10% reduction in France's energy use in the coming weeks and months, as he called on homes and businesses to cut back.

The French president warned that energy rationing plans were being prepared for this winter "in case" voluntary efforts were not enough.


Mr Macron urged people to turn down heating and air conditioning as the "best energy is that which we don't consume", adding that forced cuts "will happen as a last resort".
Click to expand...
I thought the French were self sufficient what with the number of nuclear power stations they have??
 
This will cripple the economy. Everyone on modest wages (working class) and below will have zero disposable income. Leisure and tourism industry will dissapear by next spring. Small businesses s will cease to exist as well.

It's a ticking time bomb which the fuse has already been lit.

If the government don't act now and and I mean radical action. Not just a VAT or income tax cut, we will be in serious trouble that will be irrecoverable for years.

The VAT cut will do fuck all, unless you are a big spender in the scheme of things. Most people are being frugal with their disposable income anyway, so cuttting VAT will be like sticking a plaster on a bullet wound.

Hold on tight everyone cos we are in for a rough ride!!
 
BlueMonkey79 said:
This will cripple the economy. Everyone on modest wages (working class) and below will have zero disposable income. Leisure and tourism industry will dissapear by next spring. Small businesses s will cease to exist as well.

It's a ticking time bomb which the fuse has already been lit.

If the government don't act now and and I mean radical action. Not just a VAT or income tax cut, we will be in serious trouble that will be irrecoverable for years.

The VAT cut will do fuck all, unless you are a big spender in the scheme of things. Most people are being frugal with their disposable income anyway, so cuttting VAT will be like sticking a plaster on a bullet wound.

Hold on tight everyone cos we are in for a rough ride!!
Click to expand...
At least there will be rations of Victory Gin.

 
BlueMonkey79 said:
This will cripple the economy. Everyone on modest wages (working class) and below will have zero disposable income. Leisure and tourism industry will dissapear by next spring. Small businesses s will cease to exist as well.

It's a ticking time bomb which the fuse has already been lit.

If the government don't act now and and I mean radical action. Not just a VAT or income tax cut, we will be in serious trouble that will be irrecoverable for years.

The VAT cut will do fuck all, unless you are a big spender in the scheme of things. Most people are being frugal with their disposable income anyway, so cuttting VAT will be like sticking a plaster on a bullet wound.

Hold on tight everyone cos we are in for a rough ride!!
Click to expand...
Would you say Putin is destabilizing Europe & the UK ?
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top