Debate House Prices


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Hmm, pound is looking a bit scary today!

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    shortchanged wrote: »
    The problem is though Gen is that we are going to start heading down the road of higher fuel costs again and their knock on effect. Merv has more or less admitted this with his recent forecast of higher inflation over the coming year. Not good news for the UK economy really.

    A change in GBP/USD of 5 or 10% will have no impact on petrol prices, not really. This is just fear mongering.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    A change in GBP/USD of 5 or 10% will have no impact on petrol prices, not really. This is just fear mongering.

    It already has though. 2p extra to a litre sin 1st January.

    This isn't scaremongering. This is the AA and the fuel association stating it.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    It already has though. 2p extra to a litre sin 1st January.

    This isn't scaremongering. This is the AA and the fuel association stating it.

    2p~0p. It's nothing, get a grip guys.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Graham_Devon wrote: »
    It already has though. 2p extra to a litre sin 1st January.

    This isn't scaremongering. This is the AA and the fuel association stating it.

    Only 2p?

    My local stations have seen rises of 4 to 5p per litre over the past couple of weeks!!!
    Why are we here?......................because we are not all there.
  • Harry_Boyle
    Harry_Boyle Posts: 265 Forumite
    shortchanged wrote: »
    Would you be happy if interest rates started to rise?

    I don't see what that has to do with the post of mine that you quoted?
  • Harry_Boyle
    Harry_Boyle Posts: 265 Forumite
    Generali wrote: »
    2p~0p. It's nothing, get a grip guys.

    Graham gets hysterical about fuel price rises for the reasons I have already detailed, well, and because he is rather highly strung.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Generali wrote: »
    A change in GBP/USD of 5 or 10% will have no impact on petrol prices, not really. This is just fear mongering.

    Not being funny though Gen, we are always given reasons for increasing fuel costs with the usual suspects being higher crude costs or the other being the weak pound.

    So which is it this time?
    Why are we here?......................because we are not all there.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Harry_Boyle wrote: »
    I don't see what that has to do with the post of mine that you quoted?

    Well perhaps you would start to moan if your interest rate gamble stopped paying off.
    Why are we here?......................because we are not all there.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 18 February 2013 at 10:54AM
    shortchanged wrote: »
    Only 2p?

    My local stations have seen rises of 4 to 5p per litre over the past couple of weeks!!!

    The 2p is a direct result of the pound, according to the AA and Fuel Association.

    The rest is speculation and the price of a barrel of oil.

    However, that 2p increase due to the pound has to be seen in context. That's since January 1st.

    It's not just fuel either. Heard on the way in to work this morning companies are having to increase fuel surcharges again. This will all feed into the prices we pay for goods. It's just extra inflation that we don't need.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    shortchanged wrote: »
    Not being funny though Gen, we are always given reasons for increasing fuel costs with the usual suspects being higher crude costs or the other being the weak pound.

    So which is it this time?

    I'm not being funny but a change in the petrol price of 2p is less than eff all.

    Get a grip, seriously.
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