Don’t forget to tell him he doesn’t know how lucky he is to have access to bin bags and cardboard boxes.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.Sorry, can’t chat now, just seen a homeless man I can burn money in front of.
Be right back.
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.I always admire Chippy tits ability to be on the wrong side of every issue discussed on this forum.
Turns out he has 12 zero hour contract jobs.Don’t forget to tell him he doesn’t know how lucky he is to have access to bin bags and cardboard boxes.
Crisis, what crisis?..
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.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.
Under Starmer with the ERG as official opposition?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.
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.
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.
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.
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.
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.