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-   -   Rising cost of living (https://www.cableforum.uk/board/showthread.php?t=33710461)

papa smurf 12-10-2022 15:32
Re: Rising cost of living
 
Quote:
Originally Posted by 1andrew1 (Post 36136598)
Significant rate rise needed in November - Bank of England chief economist
https://uk.finance.yahoo.com/news/in...vsgRrU6G3DqlqK
which country are these people working for

1andrew1 12-10-2022 15:46
Re: Rising cost of living
 
Quote:
Originally Posted by papa smurf (Post 36136599)
which country are these people working for
I really don't know, you'd best ask Truss and Kwarteng directly.

denphone 12-10-2022 15:48
Re: Rising cost of living
 
Quote:
Originally Posted by papa smurf (Post 36136599)
which country are these people working for
The Bank of England is the UK's central bank, its there to deliver monetary and financial stability for the country.

l hope that explains things to you..

Paul 12-10-2022 21:29
Re: Rising cost of living
 
Quote:
Originally Posted by papa smurf (Post 36136599)
which country are these people working for
I think they are trying to salvage the destruction our Prime Minister and Chancellor have bought upon us.

Jimmy-J 13-10-2022 04:50
Re: Rising cost of living
 
That's nice.

Quote:
The deal for a soup, roll and refill hot drinks will be in place in November and December at 205 Asda stores across the country
Asda Cafe launches £1 meal deal for over 60s with unlimited tea or coffee

1andrew1 13-10-2022 09:30
Re: Rising cost of living
 
Quote:
Originally Posted by Jimmy-J (Post 36136639)
Hopefully they'll do this in January, February and March too which are cold months in most of the UK too.

Taf 13-10-2022 12:46
Re: Rising cost of living
 
2016. Car service, MOT, internal and external valet. £99.
2017. Car service, MOT, external valet. £99.
2018. Car service, MOT. £99.
2019. Car service, MOT. £119.
2020. Car service, MOT. £129.
2021. Car service, MOT. £149.
2022. Car service, MOT. £229. :shocked::shocked::shocked:

mrmistoffelees 13-10-2022 13:27
Re: Rising cost of living
 
Quote:
Originally Posted by Taf (Post 36136662)
2016. Car service, MOT, internal and external valet. £99.
2017. Car service, MOT, external valet. £99.
2018. Car service, MOT. £99.
2019. Car service, MOT. £119.
2020. Car service, MOT. £129.
2021. Car service, MOT. £149.
2022. Car service, MOT. £229. :shocked::shocked::shocked:
Not entirely sure if that's a fair comparison?

1. MOT's can be charged up to a fixed maximum price of £54.85
2. generally, servicing costs depend on the vehicle mileage and what work is required

papa smurf 13-10-2022 14:18
Re: Rising cost of living
 
Had my car done yesterday
mot £39
service +internal/external valet £182

Taf 13-10-2022 16:37
Re: Rising cost of living
 
Quote:
Originally Posted by mrmistoffelees (Post 36136676)
Not entirely sure if that's a fair comparison?

1. MOT's can be charged up to a fixed maximum price of £54.85
2. generally, servicing costs depend on the vehicle mileage and what work is required
They call it an "oil change service", and it's been the same very year as I do little driving that I haven't hit the next "special" service yet. These costs don't include other things like brake fluid, brake pads, etc. Those always get added separately to the bill. And boy, they have hiked-up a lot too during the last 2 years!

1andrew1 19-10-2022 20:12
Re: Rising cost of living
 
Inflation figures announced today - some 10.1%, higher than expected and five times the Bank of England's target.

September's figures are normally used for increasing benefits and pensions in April.

Paul 19-10-2022 23:49
Re: Rising cost of living
 
Quote:
Originally Posted by 1andrew1 (Post 36137637)
September's figures are normally used for increasing benefits and pensions in April.
I certainly hope so :D

Taf 25-10-2022 10:07
Re: Rising cost of living
 
1 Attachment(s)
I have noticed the prices of pasta and cooking oil rising rapidly. Also beef and chicken.

denphone 25-10-2022 10:22
Re: Rising cost of living
 
There was a article about this today following the Office Of National Statistics report.

https://www.theguardian.com/business...-inflation-ons

Hugh 03-11-2022 12:47
Re: Rising cost of living
 
Bank of England expects UK to fall into longest ever recession

https://www.bbc.co.uk/news/business-63471725

Quote:
The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years.

In its outlook for the UK economy, it said the country would face a "very challenging" two-year slump and unemployment will nearly double.

It lifted UK interest rates to 3% from 2.25%, the biggest jump since 1989.

It takes borrowing costs to their highest since 2008, when the UK banking system faced collapse.


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