Will prices ever drop

[gandalfthebrave]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

The 50% increase is clearly an arbitrary piss take. No crashes, nothing’s changed. No justification at all.

On another note, in my business, we deal with lots of brands and companies big and small. The only company to really, really take the piss with multiple 20%+ price increases since covid is a household name with 80%+ market share, who know they can absolutely get away with it. I’ve spoken to the smaller brands in that niche who use the same factories, and their view is costs haven’t increased much since early 2022, so big hikes last year and this year weren’t needed.

The big brand who have taken the piss are also punting the same products out to the Far East and Africa at circa 90% less than they charge domestic wholesale customers (in UK packaging and from a UK port.)

Make no mistake, UK consumers are absolute fucking suckers in the eyes of many big companies.

Price increases are simply a land grab by those greedy, greedy cunts who think they can get away with it. And most of them do.

Nothing will ever change. Banks, insurance companies, big brands - they’re all in on it.

 

[Tricky_Trev]

Nope. Prices will just keep going up. All that’s going to change is how fast they go up.

 

[ancoats]

Do we really need any loose change in our pockets ? the way things are going decimalization of the pence and coins like 2p 5p 10p 20p 50p will go because they are worthless

 

[PragueBlue]

My local village used to be bouncing nearly every weekend.

Now you're lucky if you see 2 dozen people in the whole of the evening.

Give it 2 or 3 years and the small (proper) pubs, not big eateries, will go to the wall. How can they survive selling 20/30 pints on a weekday?

Weekends just keep their heads above water.

Food I suspect.

 

[MCFC Wirral]

Food I suspect.

I think pubs need a reason to get people in. I’m not too far from Prenton Park and matchday crowds seem to keep them going.

As mentioned, food is a biggie too. Whenever I was in Arrowe Park for scans and tests, I made it lunch or dinner afterwards in the Greene King pub nearby. Just going to hospital and back is not a day out.

 

[Bill Walker]

As mentioned, food is a biggie too. Whenever I was in Arrowe Park for scans and tests, I made it lunch or dinner afterwards in the Greene King pub nearby. Just going to hospital and back is not a day out.

I was told it's dinner and tea on here (you Aussie ****) by one of the bullies :)

As Misty would say.....'just sayin

 

[Corky]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

The 50% increase is clearly an arbitrary piss take. No crashes, nothing’s changed. No justification at all.

On another note, in my business, we deal with lots of brands and companies big and small. The only company to really, really take the piss with multiple 20%+ price increases since covid is a household name with 80%+ market share, who know they can absolutely get away with it. I’ve spoken to the smaller brands in that niche who use the same factories, and their view is costs haven’t increased much since early 2022, so big hikes last year and this year weren’t needed.

The big brand who have taken the piss are also punting the same products out to the Far East and Africa at circa 90% less than they charge domestic wholesale customers (in UK packaging and from a UK port.)

Make no mistake, UK consumers are absolute fucking suckers in the eyes of many big companies.

Price increases are simply a land grab by those greedy, greedy cunts who think they can get away with it. And most of them do.

Nothing will ever change. Banks, insurance companies, big brands - they’re all in on it.

I reduced my car insurance this year after it went up 7% or £15, got it down by £40 with someone else, probably would not have bothered if they had frozen or reduced it slightly.

 

[pride in battle]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

The 50% increase is clearly an arbitrary piss take. No crashes, nothing’s changed. No justification at all.

On another note, in my business, we deal with lots of brands and companies big and small. The only company to really, really take the piss with multiple 20%+ price increases since covid is a household name with 80%+ market share, who know they can absolutely get away with it. I’ve spoken to the smaller brands in that niche who use the same factories, and their view is costs haven’t increased much since early 2022, so big hikes last year and this year weren’t needed.

The big brand who have taken the piss are also punting the same products out to the Far East and Africa at circa 90% less than they charge domestic wholesale customers (in UK packaging and from a UK port.)

Make no mistake, UK consumers are absolute fucking suckers in the eyes of many big companies.

Price increases are simply a land grab by those greedy, greedy cunts who think they can get away with it. And most of them do.

Nothing will ever change. Banks, insurance companies, big brands - they’re all in on it.

Name them

 

[Barcon]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

Same thing happened to me years ago. Called my broker and he said, "they don't want to insure motorcycles anymore". Sounds like your insurer no longer wants your business.

 

[Mazzarelli's Swiss Cheese]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

The 50% increase is clearly an arbitrary piss take. No crashes, nothing’s changed. No justification at all.

On another note, in my business, we deal with lots of brands and companies big and small. The only company to really, really take the piss with multiple 20%+ price increases since covid is a household name with 80%+ market share, who know they can absolutely get away with it. I’ve spoken to the smaller brands in that niche who use the same factories, and their view is costs haven’t increased much since early 2022, so big hikes last year and this year weren’t needed.

The big brand who have taken the piss are also punting the same products out to the Far East and Africa at circa 90% less than they charge domestic wholesale customers (in UK packaging and from a UK port.)

Make no mistake, UK consumers are absolute fucking suckers in the eyes of many big companies.

Price increases are simply a land grab by those greedy, greedy cunts who think they can get away with it. And most of them do.

Nothing will ever change. Banks, insurance companies, big brands - they’re all in on it.

I take it you've done the obvious and run the proposal through at least one of the comparison sites? I always do this and quite often get a better quote off my existing insurer that way - usually they come up with a shit excuse like they 'forgot to add my loyalty bonus' or some such shite. I think they count on most of us not being arsed to shop around come renewal time.

 

[dronefromsector7G]

Myself and Mrs. Biggie used to enjoy going out for a drink or two at weekends but now we tend to stay in and drink at home, it's a lot cheaper and no drugged up cunts spoiling it for us.

Misty?

 

[Bill Walker]

Misty?

Misty buying drugs ? ha! that's a laugh, won't even buy a pint in Spoons.

 

[Mazzarelli's Swiss Cheese]

Myself and Mrs. Biggie used to enjoy going out for a drink or two at weekends but now we tend to stay in and drink at home, it's a lot cheaper and no drugged up cunts spoiling it for us.

BMR?

 

[Bigg Bigg Blue]

Misty?

To high up at the top of Duky for him.

 

[Bigg Bigg Blue]

BMR?

He just makes a mess of the windows by licking them.

 

[Blue Maverick]

Went to the London stadium last weekend and for a Fanta and a sprite and 4 hotdogs they wanted 43 quid they can fuck right off

People should start ordering things and when it comes start bartering or they’ll have to bin it.

 

[Nellies left peg]

People should start ordering things and when it comes start bartering or they’ll have to bin it.

It was a cheap hot dog sausage on a cheap bun and they pour the bottle of drink into a plastic cup. Still saw plenty of people buying the shit but I took our own food and drink in a cool box and we sat outside the main entrance. I’m not tight but there are limits . Was warned by my neighbour mate who is a season ticket holder that it was shocking

 

[BlueMonkey79]

Food I suspect.

That was my point. Should have made it a bit clearer. None of them do food. They are just your normal traditional ale houses. Unless you class pickled eggs at the end of the bar as food.

 

[Blue Maverick]

I’ve just looked at prices for hospitality at City, two seasons ago I took my dad to Legends it was £130 each, this season £190 and you don’t even get booze with it, so if the ticket is say £70, plus parking, £10 and a program £5, you are paying £100 or so for an average buffet! Well unless I win the lottery I’ll just be sticking to my seat in SS L3.
oh and that’s against Fulham, want to go against Liverpool £500!

 

[BridgyDids]

My car insurance renewal came in today, the quote for the next 12 months is exactly 50% more (to the penny) than I paid for the last 12 months. There’s a big notice in the email saying not to bother calling them to negotiate as that’s their first and final offer.

The 50% increase is clearly an arbitrary piss take. No crashes, nothing’s changed. No justification at all.

On another note, in my business, we deal with lots of brands and companies big and small. The only company to really, really take the piss with multiple 20%+ price increases since covid is a household name with 80%+ market share, who know they can absolutely get away with it. I’ve spoken to the smaller brands in that niche who use the same factories, and their view is costs haven’t increased much since early 2022, so big hikes last year and this year weren’t needed.

The big brand who have taken the piss are also punting the same products out to the Far East and Africa at circa 90% less than they charge domestic wholesale customers (in UK packaging and from a UK port.)

Make no mistake, UK consumers are absolute fucking suckers in the eyes of many big companies.

Price increases are simply a land grab by those greedy, greedy cunts who think they can get away with it. And most of them do.

Nothing will ever change. Banks, insurance companies, big brands - they’re all in on it.

We have Mr Gove to thank for this. He was the governments man to work with the FCA on fair pricing for personal insurance products which call into effect last year.

So they effectively brought in that Insurers could only give the ‘technical price’ for Policies. Ie: what the insurer thinks your risk is worth to them. No discounts permitted.

Therefore one price based on the risk.

It used to be the model that Insurers would ‘price walk’ the price. This was a practice where they would look to get the right premium over a defined period, but would offer incentives (discounts) for new business.
For example, this means that say your technical rate was £1k, the insurer would start it at £750 first year, £800 the next, £1k the third, £1.1k the fourth and then £1.2k the fifth year. (Excluding any inflation etc)
The insurer gets their requisite premium over the 5 years (give or take) and customer gets a discount first year or two and can then cut and run after a year or two if they wish.

Insurers got greedy and then those people who didn’t move for 10 years or so, would be paying massively over the odds (mainly old people with no access to technology)- so government got involved.

Law was passed that Fair Pricing for all - so the discounts got stripped away - meaning all of us pay more!

Also inflation is bonkers (and I don’t need to explain things there!) so cost of claims are flying up. It’s hitting insurers hard, with some pulling out of personal lines.