The Conservative Party

[Phil1]

Sorry, can’t chat now, just seen a homeless man I can burn money in front of.

Be right back.

Don’t forget to tell him he doesn’t know how lucky he is to have access to bin bags and cardboard boxes.

 

[hcblue95]

I always admire Chippy tits ability to be on the wrong side of every issue discussed on this forum.

It's not even like it's a predominantly left wing forum. I'd say there are as many right wingers as left but even the right wingers must think he's an idiot. Or a troll.

 

[bluethrunthru]

"some beans"

 

[Alan Harper's Tash]

Don’t forget to tell him he doesn’t know how lucky he is to have access to bin bags and cardboard boxes.

Turns out he has 12 zero hour contract jobs.

He must have just been unlucky.

They stopped his universal credit because, although he has 12 jobs, he didn’t look for work hard enough.

They also gave him a holiday brochure for Rwandan holidays for some reason.

 

[M18CTID]

Crisis, what crisis?..

A great thread which explains in simple terms why 6% interest rates in the present day are every bit as bad, if not worse, than 14%-15% rates back in the 80s. And let’s not forget that if interest rates hit 6% there’s not a chance that mortgage interest rates will be 6% as well. You’ll be looking at 8%, 9%, or more. My current SVR is nearly 6% now and that’s before my lender has factored in the last interest rate rise, so I’m going to be looking at an SVR of around 10% if interest rates go up to 6%. Good job I’ve only got 17 years to run on my mortgage!

 

[Ifwecouldjust.......]

 

[Gareth Barry Conlon]

A great thread which explains in simple terms why 6% interest rates in the present day are every bit as bad, if not worse, than 14%-15% rates back in the 80s. And let’s not forget that if interest rates hit 6% there’s not a chance that mortgage interest rates will be 6% as well. You’ll be looking at 8%, 9%, or more. My current SVR is nearly 6% now and that’s before my lender has factored in the last interest rate rise, so I’m going to be looking at an SVR of around 10% if interest rates go up to 6%. Good job I’ve only got 17 years to run on my mortgage!

I did some numbers this am. My current mortgage of circa £200K and payment of £1,000 per month at sub 2% fix. If rates are 5% and mortgage rate is 7% when my fix ends then my payment would bounce to £1,700.

On top of energy and general inflation this is just not affordable for a huge chunk of the population. Disposable income will get wiped out.

 

[bluethrunthru]

I did some numbers this am. My current mortgage of circa £200K and payment of £1,000 per month at sub 2% fix. If rates are 5% and mortgage rate is 7% when my fix ends then my payment would bounce to £1,700.

On top of energy and general inflation this is just not affordable for a huge chunk of the population. Disposable income will get wiped out.

Tory Britain - governed by the people you can trust with the economy and your finances

 

[meltonblue]

Always a winner somewhere, not usually so close to the incumbent chancellor….

 

[Vic]

I watched a video last night (can't find it now) from that well known leftie Peter Oborne. Who said that we are in a worse state than the 1970's and this was closer to the 1930. His words he said at some point the IMF are going to have to bail the UK out and then went on to say that he could a national government coming in due the incompetence of Truss.

Under Starmer with the ERG as official opposition?