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.
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.
Another Downgrade Looms As Gas Runs Out
Comments
-
Indeed so
the government is deliberatingly trying to reduce the exchange rate
to improve exports by reducing their price,
to discourage imports by causing them to become more expensive,
to create more UK based jobs,
to reduce unemployment
to create Uk alternatives to foreign imports
to encourage better energy efficiency
to improve insulation etc in UK homes and businesses
to encourage use of energy effcient cars
to reduce transport energy needs
to increase people taking UK holidays
etc
The goverment is deliberating devaluing the exchange rate but it isn't bringing improvements (if you exclude the monetary one) only costing us more for necessaries. A lot of the items you describe are the sorry consequences not the intention.
Energy efficiency was being encouraged by green taxes and industry levies. VED changes for vehicles and previous escalators.
The current increases are leading to a re-evaluation of energy/fuel use as a consequence of the devaluation because we simply can't afford them.
Those that have already adopted the efficiency measures are still suffering.
A lot of the foreign "tat" that consumers love is still being brought. Last months retail figures improved because of a feeding frenzy for tablets. We are still haemorrhaging money and there isn't a UK alternative for a lot of this stuff. Time for import duties on luxuries?
How will it reduce transport energy needs? Look forward to another big increase in rail fares come the new year to start with. There is still demand for airport expansion and investment in the HS2 black hole.
Yes UK holidays may benefit, never really understood the mad need to travel all the time anyway, but I think a lot of people will simply stop going on "holiday".
Whilst JLR are investing in luxury car production, Honda are scaling back and Bentley are looking to start manufacturing in Czechoslovakia for their new model. Without cars our exports wouldn't look so rosy."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »Sterling has already depreciated 25%. So the underlying weakness in the economy has become apparent. The UK's dependence on financial services, oil and gas, and public sector spending means that the export sector is very small. Discount cars from manufacturing output and what's left isn't large enough to have a material impact.
UK is about the 10th largest exporter in the world0 -
-
OMG - Weak Pound/Cyprus Gas Futures Scam to affect us?
http://en.mercopress.com/2013/03/23/as-cyprus-collapses-it-s-a-race-to-the-mediterranean-gas-finish-line0 -
DecentLivingWage wrote: »OMG - Weak Pound/Cyprus Gas Futures Scam to affect us?
http://en.mercopress.com/2013/03/23/as-cyprus-collapses-it-s-a-race-to-the-mediterranean-gas-finish-line
No............................0 -
Independent saying our gas bills could rise by £600 a year...0
-
DecentLivingWage wrote: »Independent saying our gas bills could rise by £600 a year...
As a result of.......0 -
Where's Global Warming when you need it? :cool:A journey of a thousand miles begins with a single step
Savings For Kids 1st Jan 2019 £16,112
0 -
DecentLivingWage wrote: »Independent saying our gas bills could rise by £600 a year...
Well mines fixed for the next two years. I'll worry about it then
Do you get up early every morning, to try and find doom and gloom:D0 -
DecentLivingWage wrote: »Independent saying our gas bills could rise by £600 a year...
On the basis of extrapolated a spike in wholesale same day demand prices?
Bit like saying your season ticket to work is going to go up because you have to buy peak day returns from now on."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
This discussion has been closed.
Categories
- All Categories
- 346.1K Banking & Borrowing
- 251.2K Reduce Debt & Boost Income
- 451.1K Spending & Discounts
- 238.2K Work, Benefits & Business
- 613.3K Mortgages, Homes & Bills
- 174.5K Life & Family
- 251.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards