City slickers? Surely not Rees Mogg, and Truss's no. 10 guy, and the Chancellor's mate Odey?
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The Conservative Party
- Thread starter dave_blue12
- Start date
City slickers? Surely not Rees Mogg, and Truss's no. 10 guy, and the Chancellor's mate Odey?
Actually Brexit cut the supply of cardboard.Don’t forget to tell him he doesn’t know how lucky he is to have access to bin bags and cardboard boxes.
So lying? Either incompetent or a brilliant liar.What he says and what he does may be 2 different things a lower value pound will certainly help paying the extra debt back.
Ifwecouldjust.......
Well-Known Member
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.
Exactly what they want .... they've also cut stamp duty so the rich can hoover up the repossessed houses.
west didsblue
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- 2 Oct 2011
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The good news is the pound seems to have stabilised.
The bad news is that it's stabilised because investors are expecting a huge interest rate hike to make it attractive to them.
I'm afraid the average person's extra £170 per year due to the cut in the basic rate of tax will not only need to cover an extra £700 per year in energy, but also an additional £2500 per year in mortgage costs. That's just on average and some people are going to be hit a lot harder.
The bad news is that it's stabilised because investors are expecting a huge interest rate hike to make it attractive to them.
I'm afraid the average person's extra £170 per year due to the cut in the basic rate of tax will not only need to cover an extra £700 per year in energy, but also an additional £2500 per year in mortgage costs. That's just on average and some people are going to be hit a lot harder.
SilverFox2
Well-Known Member
I thought giving a very different version of the truth was one of the requirements of being an MP let alone a Minister or PM.So lying? Either incompetent or a brilliant liar.
bluethrunthru
Well-Known Member
I suspect they are genuinely baffled as to why their idea that £10k per week for them is mere chickenfeed but £100 per week for someone poor is too much suddenly isn't holding ground
bluethrunthru
Well-Known Member
The good news is the pound seems to have stabilised.
The bad news is that it's stabilised because investors are expecting a huge interest rate hike to make it attractive to them.
I'm afraid the average person's extra £170 per year due to the cut in the basic rate of tax will not only need to cover an extra £700 per year in energy, but also an additional £2500 per year in mortgage costs. That's just on average and some people are going to be hit a lot harder.
what about Govt borrowing costs? Those had tripled yesterday.
west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,410
Yep, that's going to have an even bigger effect on people's wellbeing when many public services get cut to save the money that will be used to service the debt.what about Govt borrowing costs? Those had tripled yesterday.
If I was being cynical I would say it's all part of a plan to kill off the non-economically active who are dependent on social security, and encourage anyone with a few quid to opt for private healthcare and education so the state funded services can be run down even more.