Cable Forum - Ken Clarke Warns Middle Class Over Cuts

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Ignitionnet

23-02-2011 10:53

Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Didn't see a thread on this so here we go.

http://www.bbc.co.uk/news/uk-politics-12438091

Quote:

The middle classes are unaware of the scale of government spending cuts that will hit them this year, Justice Secretary Ken Clarke has said.

Mr Clarke said the coalition should be prepared for political difficulty when Middle England feels the full impact.

So are you feeling it?

I believe we are here - as noted elsewhere Â£1k less net income as of April and of course inflation is eating away at spending power, essentials and fuel have increased in price considerably and continue to do so. In addition I received a rather concerning pension statement so will be having to reduce spending further in order to increase my contribution there.

Lastly need to increase the level of saving for things that we want to do in 2012 / 2013 so overall I believe our disposable income will probably drop by a full 75% or more over the course of the next 15 months, as that also takes account of loss of child benefit.

So in my case yes, we're staring into the hole and don't at all like what we're seeing, but it is what it is and would be worse under the alternatives.

You guys?

Hugh	23-02-2011 10:56

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

We're feeling it, as we are supporting our two kids at Uni, I haven't had a pay rise for over two years, and we are trying to save up for my daughter's wedding next year - but as you say, there's a problem that needs fixing.

chris9991

23-02-2011 11:04

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Ignitionnet (Post 35180523)

Lastly need to increase the level of saving for things that we want to do in 2012 / 2013 so overall I believe our disposable income will probably drop by a full 75% or more over the course of the next 15 months, as that also takes account of loss of child benefit.

If this is representative of the challenges faced across Britain - I can't see growth being very positive

Gary L

23-02-2011 11:41

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

I'm getting fed up with it. I've just paid Â£1.25 for a box of Swan filter tips and a pkt of Rizlas.

papa smurf

23-02-2011 21:01

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Gary L (Post 35180578)

I'm getting fed up with it. I've just paid Â£1.25 for a box of Swan filter tips and a pkt of Rizlas.

you think you've got it hard Â£150- for 5 cigars - BTW what's a rizla ;)

Hugh	23-02-2011 21:15

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by papa smurf (Post 35180999)

you think you've got it hard Â£150- for 5 cigars - BTW what's a rizla ;)

I know - it's awful when you have to economise, and move from Cohibas to Montecristos.:(

Mr_love_monkey

23-02-2011 21:17

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Hugh (Post 35181007)

I know - it's awful when you have to economise, and move from Cohibas to Montecristos.:(

tell me about it - My butler was so shocked he could hardly carry them back to my limo

Hugh	23-02-2011 21:21

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Mr_love_monkey (Post 35181009)

tell me about it - My butler was so shocked he could hardly carry them back to my limo

How awful for you - did you have to let the footman go, and make the butler carry out his duties as well?

Mr_love_monkey

23-02-2011 21:27

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Hugh (Post 35181015)

How awful for you - did you have to let the footman go, and make the butler carry out his duties as well?

times are hard man, times are hard.

You don't want to know some of the other things I've got the butler doing since I've had to let some of my staff go

Hugh	23-02-2011 21:28

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Mr_love_monkey (Post 35181024)

times are hard man, times are hard.

You don't want to know some of the other things I've got the butler doing since I've had to let some of my staff go

Not..........................

polishing your silver?:shocked:

(btw, I had heard you had problems holding on to your staff for any length of time....)

Mr_love_monkey

23-02-2011 21:30

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Hugh (Post 35181028)

(btw, I had heard you had problems holding on to your staff for any length of time....)

I have lots of trouble finding my staff too...

Hugh	23-02-2011 21:31

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Slippery little devil.......

Gary L

23-02-2011 21:51

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by papa smurf (Post 35180999)

you think you've got it hard Â£150- for 5 cigars - BTW what's a rizla ;)

I don't do cigars. not even the cheap Â£30 ones :)

[img]Download Failed (1)[/img]

papa smurf

24-02-2011 06:22

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Gary L (Post 35181047)

I don't do cigars. not even the cheap Â£30 ones :)

http://liberalburblings.co.uk/wp-con...en20papers.jpg

ahh skins

Mr_love_monkey

24-02-2011 06:33

Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?

Quote:

Originally Posted by Hugh (Post 35181031)

Slippery little devil.......

he's certainly very red and angry looking

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