If you think increasing customer cost x10 doesn’t correlate to a x10 increase in profit then something is up. They are not “making up losses” as they made no loss. They’re profiteering at the cost of the customer causing hardship without a second glance.
Our mortgage is about £1000 a month (for a small two bedroom house) due to interest rates going up. That is still significantly cheaper than rent would be where we live. Then, child care is about £700 a month, council tax is about £130 a month, car insurance is about £80 a month (for a small, efficient car), gas and electric bills end up being about £200 a month, food ends up being about £200, and that’s before common outgoings such as phone contracts, internet bills etc. Outgoings for our family end up being at least £2500 a month before day to day living costs, and we try to live as modestly as possible. The UK average wage is £34,000ish and after tax you wouldn’t even be able to cover our outgoings, as you’d take home around £2,000. You need to be in a couple just to get by these days. It is absolutely not about priorities.
Sorry mate, but you’re completely wrong on this one. £500m of the profit they made was just a one-off rebalancing after the government forced them to make a £383m loss on their domestic gas supply business in the previous year due to the price cap. There has been no tenfold increase in customer costs, there’s been a tenfold increase in profits, but only because the profits were artificially low the previous year (they’re a £26.5b revenue company, if they weren’t making hundreds of millions in profit, they’d be a failing business).
Peterson is Canadian and is a Psychology professor unless he was dumped by the Uni who wanted him to use preferred pronouns . He objected to the authorities ‘controlling’ the language he used , he didnt object to the words just the principle of making him use them as opposed to others . There’s a few on this forum I’m pretty sure will jump in to defend the use of preferred pronouns , maybe the ones who blame ‘old people’ for climate change , and for themselves not owning a house in London at 23 but buying take out coffee and breakfasts as they go to work , weekends in Barcelona , weddings in the Maldives etc etc , instead of just working their bollocks off and saving til they can afford them . The entitled generation have no credence until they’ve earnt it , maybe their grandmothers would have froze to death if those old people hadn’t worked for bugger all in the mines !!! m Rant over
Yes The reason people struggle to buy houses Is becasue they buy a coffee If they just pulled themselves up by bootstraps theyd be fine
You operate in a wealthier world than me, Spring, if you know 23 year olds who have had weddings in the Maldives! My daughter is 23, a med student and works in IKEA in the evenings.. she'd struggle to afford a wedding at all.
You're right, buying coffee isn't the reason. But 30/40k cars on PCP, flash holidays, high monthly contract phone contracts, nights out every weekend, new clothes all the time and making sure their life looks successful to others certainly is a reason they can't afford a home. If you're earning enough to do the above then you're earning enough to save for a house deposit.
Should really be in the cost of living thread but, there are plenty of homes in the Hull area for less than 100,000. A 25 year mortgage on that would be a bit less than 600 a month at 5% I would say that's doable, certainly of a young couple. IF they get their priorities right.
No I don’t , very ordinary life , modest incomes eventually after v poor start in life with 5 siblings and no money . I’ve met so many young people spending wildly then blaming our age group for their lot . I’m sure your daughter has a good work attitude and it will stand her in good stead for the future.
Not what I said is it, but fair enough Plus even if I did, it still doesn't change what I said does it
A young couple I know, of course in rented accomodation, have employed a cleaner. They both work, but have decided weekends are for doing other stuff. As posted earlier, having a 5 quid costa isnt going to break the bank. But a weekly cleaner???
A cleaner for a couple of hours a week is probably going to cost less than picking up a Costa on the way to work each morning.
Yeah I certainly don't get that paying £400 per month for a car thing . Why not pay £200 and use the other £200 as a savings/ investment scheme .? They would think themselves later
