We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
UK spending power 'in heavy fall'
neverdespairgirl
Posts: 16,501 Forumite
UK consumer spending power has fallen "dramatically" due to a large rise in the cost of living, research by Ernst & Young suggests.
The average household is 15% worse off than it was five years ago, the Annual Discretionary Income Study says.
After household bills and tax, it found the typical family had less than 20% of its gross income remaining - compared with 28% in 2003.
It added that rate rises and fuel bills meant "the worst could be yet to come".
http://news.bbc.co.uk/1/hi/business/7488613.stm
The average household is 15% worse off than it was five years ago, the Annual Discretionary Income Study says.
After household bills and tax, it found the typical family had less than 20% of its gross income remaining - compared with 28% in 2003.
It added that rate rises and fuel bills meant "the worst could be yet to come".
http://news.bbc.co.uk/1/hi/business/7488613.stm
...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
0
Comments
-
a serious fall, for sure.
and here we are talking 'averages'.
so the office cleaner on min. wage is being well and truly shafted.
nice work by the People's party.miladdo0 -
Humph!!!!! Some Peoples party. And to think I was a paid up member for a number of years!!!!0
-
Socialists like to keep people poor as it means a larger natural constituency for them. Most socialists come from monied and educated backgrounds so have no idea what they're talking about when it comes to poverty.0
-
Ah well Generali maybe I was more of an idealist then. Certainly old Labour did much for the nation many years ago, and I do mean many years ago but as for now!0
-
Socialists like to keep people poor as it means a larger natural constituency for them. Most socialists come from monied and educated backgrounds so have no idea what they're talking about when it comes to poverty.
What Socialists are you talking about? Are you trying to imply that New Labour is a Socialist party? :rotfl:0 -
ah! you must mean the 'champagne socialists'!Socialists like to keep people poor as it means a larger natural constituency for them. Most socialists come from monied and educated backgrounds so have no idea what they're talking about when it comes to poverty.
yep, there used to be a few of those around back in the 80's. a bit thin on the ground these past few yrs - probably because they thought they could salve their consciences by taking blair's '3rd way'.
back then, my clp consisted mainly of w/class people.
I've no idea where you got your 'most socialists moneyed background' idea from.miladdo0 -
Socialists like to keep people poor as it means a larger natural constituency for them. Most socialists come from monied and educated backgrounds so have no idea what they're talking about when it comes to poverty.
Oh !!!!!!. You seriously think this govt is Socialist? Since poverty has greatly increased since Thatcherism, (which has not been reversed by New Labour) your argument is flatly contradicted by the evidence.Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith0 -
neverdespairgirl wrote: »UK consumer spending power has fallen "dramatically" due to a large rise in the cost of living, research by Ernst & Young suggests.
The average household is 15% worse off than it was five years ago, the Annual Discretionary Income Study says.
After household bills and tax, it found the typical family had less than 20% of its gross income remaining - compared with 28% in 2003.
It added that rate rises and fuel bills meant "the worst could be yet to come".
http://news.bbc.co.uk/1/hi/business/7488613.stm
I'm not sure I like this new brit1234-style neverdespairgirl.
Three "doom" threads from her in the space of a few minutes .
BRING BACK THE OLD NEVERDESPAIRGIRL WHO WE KNOW AND LOVE !!!!!!!!!!!!!!!!!!!!!!!!!!!!
Rob0 -
-
LisbonLaura wrote: »Hell, the lass is being upbeat.
Wasteland Britain ......coming soon.
I'm not getting anyone down, am I?
But this is so uncharacteristic (blimey that's a big word for a Friday!!) of our neverdespairgirl !!! We employ her for "thanks button" duties and that's it ! I fear that a disciplinary could be on the cards here as she's beginning to get above her station ! :eek:
:rotfl:
Rob0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards