bcfcrw said...... We can all live without the consumer goods and holidays, but the not the essentials do not know what is wrong previous post a quote instruction comes up at the end and curtails to box above and herein lies the answer to your post [ you are very adept at doing it ] but not necessarily do without. For example I know of at 3 least families that put consumer goods before the mortgage [ indirectly ] and [ 1 family of them ] ... have 2 holidays a year, 1 abroad for usually 8 /9 nights and one in UK usually 7 -10 nights over a half term / bank holiday. The wife replaces her washing machine after 2 years when guarantee runs out and sells on Faceache for £50 -60 does the same with Freezer and Fridge [ 2 years guarantee] My main freezer is over 30 years old bought from comet in Barton hill long before that outlet moved out! .. a proline! the 2 children have new trainers twice a year @ £ over 100 + , computer stuff for games and ever bigger screens ... come in Faceache! next to free computer screens !!! They go to pub at least 3 times a week and get peed! [ like 6 or 7 rounds for them and buy others! often not returned! Now I know just 1 case, & I know not complete spending........ but there are 000's in similar mode ... keeping up with the Joneses!! ............. so for just 1 year they keep their washing machine, a saving of over £500 change kids trainers once +£300, have a 14 day holiday abroad and forgo UK one for a long weekend maybe save "£ 1000" ? go to pub twice a week to get peed ... thats close to £4500 savings and a reality check to boot! plenty to pay the mortgage extra's Agree some families have a smaller income but it then becomes relevant == smaller income = less mortgage [ but same % rise of lesser interest] maybe already have " a holiday" maybe just 1 white goods bought when other breaks down [ I have had 5 washing machines since 1985!] they do last. more than 3 or 4 years at least ... People have learned not to budget because it has been so easy not to, but every now and again the circle closes as it is now ... whether Putrid or general re stabilising of economies ... check back the past 70 years and see how regular these occurrences are ... every 10 -15 years ... black Friday coming up! that was one .......
On a slightly different theme, why is our ex Prime Minister still being allowed to stick his Net Zero agenda oar in at COP27 ? It’s supposed to be a summit of world leaders and last time I checked he’d been deposed for being a liar Just curious how he gets to have a voice in any of it ?
.... and I'm sure there are loads of people like these - and yes I agree they have got their priorities all wrong and are putting their homes at risk by putting consumer goods above mortgage/rent by way of importance. It's hard to have any sympathy for these types. However, despite their obvious mismanagement of their lives and disregard for the value of essentials, it would cost the rest of us more to pay for them to be re-housed in council funded accommodation than it would to simply cap their mortgage payments - people would rightly argue that they don't deserve it, but why should the rest of us pay MUCH more to teach them a lesson? It's the people who DO prioritise correctly but still can't absorb the increase in the cost of essentials that shouldn't be forced to suffer - and I believe it's all unnecessary for the reasons I've stated above. Interest can be deferred until the rates come back down again. It may mean some people have a year or 2 added on to their mortgage term, but better that then get kicked out of their house and shoved into state-funded bedsits - paid for by you and me.
Boris was invited by COP 27 TO ATTEND, although his being deposed was an internal PPG [Political points gathering] exercise, [ in hindsight a disaster maybe ] a very large number of countries see him as a very astute person with a drive to his thoughts on global collaberation.
P A T H E T I C ..PMQ's just listened to pmq's .. I am currently partyless none of the main 4 parties appeal. The UK with a opposition leader like Sir KS is doomed, his female harbingers pointing and gesticulating like demented rag dolls in the wind make for a sorry back drop. It is very obvious KS has nothing in the tank to actually promote a opposition with meaning. 5 QUESTIONS HE GETS ........ So he spends them on people bashing / personel bashing and repeating already answered questions from past [ recent PMQ's last 2 weeks! ] Q from his "back bench was also a bashing one relating back over a year. What we need to know from these PMQ's is about important things ... not point scoring anti personel ones . Q 's about the economy, the NHS, IMMIGRATION!!!, future energy generation on and off shore means COP27 DIRECTIVES VIA THE .GOV attendance, reviewing oil and gas exploration. Sir KS even got 1 Q wrong said no tax from Shell actually get 10p in £ of profit but not on the companies so called world wide £28bn profit ... only their business out of UK Sir KS is adept at dressing MUTTON UP AS LAMB .. UK profit is very much a smaller part of that £28bn ... Rishi should have addressed that more clearly ............. Blackford much the same .. W O T! At the moment a GE next week should be based on a ballot paper of who you would least want one with least votes wins vote 4 -3 -2 - 1 CANDIDATES.... labour 4 -3 -2 - 1 lib dem4 -3 -2 - 1 tories 4 -3 -2 - 1 Greens 4 -3 -2 - 1 MY VOTE WOULD BE
I was replying to your post where you said So he spends them on people bashing / personel bashing and repeating already answered questions from past [ recent PMQ's last 2 weeks! ] Q from his "back bench was also a bashing one relating back over a year. What we need to know from these PMQ's is about important things ... not point scoring anti personel ones . Q 's about the economy, the NHS, IMMIGRATION!!!, future energy generation on and off shore means COP27 DIRECTIVES VIA THE .GOV attendance, reviewing oil and gas exploration.
OK . KS is an empty space that needs it to be filled with suitable Questions that would attract an answer ... or not bother just stand up and say same as last week, then sit downwith the smary zip in place............. that would be 13mins of PMQ's ... do same with Blackford ... another 3 mins saved so then maybe an intelligent set of Q's from all parties would ensue and we would learn something about what is going on.............
Just who is in charge here ? We used to talk in hundreds of thousands and sometimes millions Now its billions or tens of billions What about persuing all the fraudulent furlough claims that cost billions ? From the BBC A group of economists has questioned UK assertions that a "black hole" in the public finances will need to be filled with austerity measures and tax rises. The Progressive Economy Forum said the £50bn "hole" disappears entirely if the debts are calculated differently. The government previously used a different measure of debt, and going back to using that would leave £14bn to spare, they said. The Treasury said the public finances would be assessed independently. Media discussion of the government's tax and spending options ahead of the Autumn Statement has been dominated by a so-called "black hole" in the public finances, put at anything from £35bn to £60bn, which, it is assumed, must urgently be "filled" with spending cuts or tax rises. But the economists said that "fiscal hole" is merely the difference between an uncertain forecast - of how much the government will spend and borrow in future under current plans - and what it can afford to do if it is to hit an arbitrary target - that debt starts to fall as a proportion of the economy three or five years from now.
THIS ARTICLE SHOWS how monetary matters vary and what exactly is the true form the only true budget people can understand is their own housekeeping one .... money comes in and money spent! companies and .govs all do accounts [ and a few on here are/ were self employed, and maybe like me did own accounts ] so might understand a little bit of how it works with forward looking backward looking and present aspects all needing to be tied into a representation of affairs [ to HMRC as tax affairs] .GOV is different in so much as they have to look to look to the future moreso and apply rules accordingly ..... The only concrete financial handover in the past 15 years or so was Labours note ....... sorry no money ... no gold .... and a nice big black hole to refill .oooooooooops !
key word is former ... my portfolio was 7% higher than pre covid after a massive drop due to covid was at an all time high over previous 3 years to Feb 2022 is now recovering after Putrid's war to 31% lower ..... so reality is Brexit had nowt to do with it ...............
For me, key words are: “The UK economy as a whole has been permanently damaged by Brexit,” Michael Saunders, who was an external member of the central bank’s monetary policy committee, said in an interview with Bloomberg TV. Of course they have an agenda, but the Guardian simply quoted from Bloomberg. Of course, you wouldn't see it published in the Torygraph or the Mail or Express - because they also have an agenda.. This is an interesting one - more softer on Brexit: Don’t Blame Brexit for Britain’s Economic Mess - The Atlantic
I thought we was going to be better off after Brexit, being able to stop these dinghies and control our own borders and trade with everyone in the world. Are you telling me it’s not true?
Dinghies were not needed before Brexit. Net migration was 50k before Blair and New Labour came to power in 1997. It was New Labour's policy to make the UK more cosmopolitan and for the next 13 years to 2010 the average net migration was 200k a year (and that's the ones we know about). Blair's agreement with the EU meant it was a free for all which until Brexit we couldn't do anything about migration. I grant you the useless Tory government have done little to stop the 'invasion' but the lefty woke judiciary have tried to stop every proposal put forward. And the latest 60plus million for the French is more money down the drain. The Mayor of Calais gave the solution a while back - stop the benefits and migration would cease overnight.
