Tory cost of living crises across UK

[Borchester]

I guess they could mortgage their house for £750,000 and live off the capital, but the welfare of their middle-aged son is still likely to be a worry.

Great job Boris — you got Brexit done...

The UK was a net contributor to the EU budget, so I can't see how the disabled will be any worse off under Brexit, although I am sure that you will soon explain

[T00ts]

Is any country rolling along as before?

The question you could more profitably be asking is: do we see the EU performing worse, the same as, or better than the UK?

And if you can identify and quantify any differences, can you suggest any reasons...?

Mmm I see it as being no better taken as a whole. What makes you think it is better if you do?

[patman post]

Is any country rolling along as before?

The question you could more profitably be asking is: do we see the EU performing worse, the same as, or better than the UK?

And if you can identify and quantify any differences, can you suggest any reasons...?

[T00ts]

The GBP is likely to rise as the Bank of England increases interest rates — maybe up to 3.00% — to contain domestic inflationary pressure caused by a tight labour market (EU workers having been sent home) and wage growth accelerating even as the economy flatlines or contracts in the next few quarters. Good for pricing by importers of foreign made goods. Not so good for renters and mortgage payers.

There's no way this has nothing to do with Boris and his Hell-for-Leather chasing after Brexit...

So why is the EU not rolling along as before?

[patman post]

The GBP is likely to rise as the Bank of England increases interest rates — maybe up to 3.00% — to contain domestic inflationary pressure caused by a tight labour market (EU workers having been sent home) and wage growth accelerating even as the economy flatlines or contracts in the next few quarters. Good for pricing by importers of foreign made goods. Not so good for renters and mortgage payers.

There's no way this has nothing to do with Boris and his Hell-for-Leather chasing after Brexit...

[T00ts]

From what I am reading the EU is also suffering inflation, in some countries over 10%. It would not make any difference if we were still in the EU. Who would get the blame then? This is not a UK or Conservative problem.

[patman post]

I don't follow the reason for the £150 rebate/loan. If it's to help toward rising energy costs, it's likely to fire up the oven a couple of times a week for six months. 

Our 1840 terrace house in band E remains uncellared and without a loft extension. The outside privy was brought in long ago and the scullery and kitchen converted to a large (ish) cooking and dining area years' ago. 

The Princesses are enjoying preparing BBQ meals using a charcoal grill (under supervision, of course). Their Mum and I are relegated to table laying and salad preparation — though the girls are into growing some of the raw materials.

As far. I can see for us, energy costs are likely to double, as are food, clothing, council tax, water costs, resident parking, etc. But I don't see how the elderly couple across the road from us (who have a disabled son) and who have lived in their house since before I was born, are going to manage without additional help I fail to see. 

I guess they could mortgage their house for £750,000 and live off the capital, but the welfare of their middle-aged son is still likely to be a worry. 

Great job Boris — you got Brexit done...

[Borchester]

Only for properties in Council Tax bands A to D.

It's surprising how many small terrace properties in N16 are in band E...

That is me.

We bought the Rural Slum fourteen years ago and have done sod all to it. And the bloke who had it before did sod all to it. But unknown to us, someone must have done something because the bloody place is in band E, which means we won't be getting our £150 rebate because Boris (who appears to be getting dimmer all the time), is only brown nosing bands A to D.      

[Baff]

The three main things behind the cost of living crisis are, in chronological order:

Brexit
Covid
Putin

The Tories are to blame for the first, going right back to David Cameronr.

Going right back to John Major.

[patman post]

Me too. Not got it yet, July apparently!!

Only for properties in Council Tax bands A to D.

It's surprising how many small terrace properties in N16 are in band E...

[HDQQ]

The three main things behind the cost of living crisis are, in chronological order:

Brexit
Covid
Putin

The Tories are to blame for the first, going right back to David Cameron
The Tories aren't directly to blame for Covid but wrong decisions (which might have seemed right at the time) probably made things worse.
As far as we know, the Tories aren't to blame for Putin's invasion of Ukraine.

Conveniently, though, unscrupulous politicians can play any of the three causes off against each other.

[Nick]

The local council have just sent me £150 as part of a council tax reduction to pay for my extra high gas bill. Seems a strange way of doing things.
I have spent it on redecorating the main bedroom in our new bungalow, so I hope that is OK.

Me too. Not got it yet, July apparently!!

[Barry]

The local council have just sent me £150 as part of a council tax reduction to pay for my extra high gas bill. Seems a strange way of doing things.
I have spent it on redecorating the main bedroom in our new bungalow, so I hope that is OK.

[Borchester]

Sharpest decline in income since 1970s

The average privately renting household spent 42% of their post-tax income, equating to around £13,560, on rent last year, according to analysis by an estate and letting agent.
Hamptons said this was the highest proportion of income going on rent typically since its records started in 2010.
With household bills added, the average tenant household spent 52% of their post-tax income on bills including gas, electricity, council tax, broadband and TV licences and rent last year, Hamptons estimates, adding up to £16,910 typically.
The findings were released at a time of a deepening cost of living crisis, with bills such as energy, food and petrol on the increase.
Some reports have suggested Britain is potentially facing the sharpest decline in real incomes since the 1970s.


https://www.gbnews.uk/news/households-saw-nearly-17000-swallowed-up-by-rent-and-bills-in-2021-research/246618

That means an average income of £32,000 per household. The wife and I are impoverished pensioners who scarcely know where our next slice of bread and dripping is coming from, and we do better than that.

Where do these guys get their figures from?

[johnofgwent]

not sure i fully agree john.

While many factors as we know contribute to cost of living  , much of it outwith government control , and due to global issues in many instances , the tories in your parliament are starting to come in for some sever flak becasue if the cost of living increases.

I follow john redmond on twitter , and he has been absolutely scathing on johnson and sunaks tax increases , green agenda and much more  , and lays the blame for not mitigating many of the price increases directly at the current governments door.

Redmond is a prime T@@@ who once advocated road pricing while standing in Water Street Carmarthen, the place that started the Rebecca Riots over Tollgates.

I get where you are coming from but while it is fashionable to kick Bojo and co there are no other voices in the throng indeed most of the opposition want to do something that screws us over even more.

Sadly Bojo isn't my government Twatford has inserted himself like a fag paper and i wont see a fucking penny of April's handout so I strongly favour kicking the F@@@ out of any politician i see and selling their organs on the black market.

The interesting question is what has Macron done to pay for that price cap. 

I admit no one is doing anything here but who would end up.paying it if they did