Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
23-02-2011, 10:53
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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.
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So are you feeling it?
I believe we are here - as noted elsewhere £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?
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23-02-2011, 10:56
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#2
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laeva recumbens anguis
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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.
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23-02-2011, 11:04
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Ignitionnet
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.
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If this is representative of the challenges faced across Britain - I can't see growth being very positive
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23-02-2011, 11:41
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#4
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
I'm getting fed up with it. I've just paid £1.25 for a box of Swan filter tips and a pkt of Rizlas.
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23-02-2011, 21:01
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vox populi vox dei
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Gary L
I'm getting fed up with it. I've just paid £1.25 for a box of Swan filter tips and a pkt of Rizlas.
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you think you've got it hard £150- for 5 cigars - BTW what's a rizla 
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23-02-2011, 21:15
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laeva recumbens anguis
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by papa smurf
you think you've got it hard £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. 
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23-02-2011, 21:17
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Hugh
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
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23-02-2011, 21:21
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laeva recumbens anguis
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Mr_love_monkey
tell me about it - My butler was so shocked he could hardly carry them back to my limo
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How awful for you - did you have to let the footman go, and make the butler carry out his duties as well?
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23-02-2011, 21:27
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Hugh
How awful for you - did you have to let the footman go, and make the butler carry out his duties as well?
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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
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23-02-2011, 21:28
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#10
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laeva recumbens anguis
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Mr_love_monkey
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
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Not..........................
polishing your silver? 
(btw, I had heard you had problems holding on to your staff for any length of time....)
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23-02-2011, 21:30
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Hugh
(btw, I had heard you had problems holding on to your staff for any length of time....)
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I have lots of trouble finding my staff too...
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23-02-2011, 21:31
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#12
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laeva recumbens anguis
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Slippery little devil.......
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23-02-2011, 21:51
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by papa smurf
you think you've got it hard £150- for 5 cigars - BTW what's a rizla |
I don't do cigars. not even the cheap £30 ones 
[img]Download Failed (1)[/img]
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24-02-2011, 06:22
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#14
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vox populi vox dei
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Gary L
I don't do cigars. not even the cheap £30 ones
 |
ahh skins
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To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
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24-02-2011, 06:33
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Re: Ken Clarke Warns Middle Class Over Cuts - Are You Feeling It?
Quote:
Originally Posted by Hugh
Slippery little devil.......
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he's certainly very red and angry looking
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