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"The battle will be lost if Trump imposes higher trade tariffs on Feb 1st , Can quite see inflation hitting 5/6% if he does .. " £25M spent by UK on Trumps visits and Kings Banquet Not a good investment | |||
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"The battle will be lost if Trump imposes higher trade tariffs on Feb 1st , Can quite see inflation hitting 5/6% if he does .. £25M spent by UK on Trumps visits and Kings Banquet Not a good investment " Disagree. We're probably (but who really knows) in a better off position than otherwise. Diplomacy is a long-term and hard to quantify arcane art. | |||
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"The battle will be lost if Trump imposes higher trade tariffs on Feb 1st , Can quite see inflation hitting 5/6% if he does .. £25M spent by UK on Trumps visits and Kings Banquet Not a good investment " Not everything that's been spent on such things are looked at solely from a what's in it for us perspective.. We've hosted and laid out the red carpet treatment for many other dubious heads of state.. Twas ever thus.. | |||
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"The battle will be lost if Trump imposes higher trade tariffs on Feb 1st , Can quite see inflation hitting 5/6% if he does .. £25M spent by UK on Trumps visits and Kings Banquet Not a good investment Not everything that's been spent on such things are looked at solely from a what's in it for us perspective.. We've hosted and laid out the red carpet treatment for many other dubious heads of state.. Twas ever thus.." inflation still well above target. the trouble with Trump is that no one knows what he will come up with next so other counties cant make plans lots of things out of our control but we cannot rely on the USA as a market or an Allie. | |||
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"The battle will be lost if Trump imposes higher trade tariffs on Feb 1st , Can quite see inflation hitting 5/6% if he does .. £25M spent by UK on Trumps visits and Kings Banquet Not a good investment Not everything that's been spent on such things are looked at solely from a what's in it for us perspective.. We've hosted and laid out the red carpet treatment for many other dubious heads of state.. Twas ever thus.. inflation still well above target. the trouble with Trump is that no one knows what he will come up with next so other counties cant make plans lots of things out of our control but we cannot rely on the USA as a market or an Allie. " It is yes, how much can be put on the impact of Trump with his tariffs and the uncertainty etc is another debate and agree we need to look to other markets which are brexit was meant to give impetus.. And our allies should be closer to home which makes common sense.. | |||
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"If intrest falles witch is the prediction and inflation rises if you have a mortgage surly you will be better of as wages increase with inflation but your repayment go's down with interest. Not all inflation is bad? Private rent is then the problem. " Inflation disproportionately impacts you the poorer you are , as you're likely to spend a higher percentage of your income on non durable items impacted by uk labour & energy that have frequent price resets. Understanding this is one of the keys to financial freedom | |||
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"If intrest falles witch is the prediction and inflation rises if you have a mortgage surly you will be better of as wages increase with inflation but your repayment go's down with interest. Not all inflation is bad? Private rent is then the problem. " Private rent is already a significant problem I read that landlord purchases are now only 4% of property sales. Add 200,000-300,000 properties off rental market. Add the upturn in section 21 notices issued ahead of renter reform act 01 May (s21 now the single largest cause of homelessness) Add 1.3 million on social housing waiting lists, 106,000 migrants in hotels (31k) and dispersal accommodation that will need housing. And last year after demolitions and right to buy, a reduced social housing stock Private sector rents have and are increasing, above the rate of inflation No surprise today the government has apparently abandoned the 2028 Epc (band c minimum) deadline - pushed on to 2030. So much for Labour helping renters and energy costs for lower incomes in rented homes. | |||
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"If intrest falles witch is the prediction and inflation rises if you have a mortgage surly you will be better of as wages increase with inflation but your repayment go's down with interest. Not all inflation is bad? Private rent is then the problem. " If inflation keeps going up, they will increase the interest rates. | |||
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"If intrest falles witch is the prediction and inflation rises if you have a mortgage surly you will be better of as wages increase with inflation but your repayment go's down with interest. Not all inflation is bad? Private rent is then the problem. " A problem can be that pay rises are wiped out due to items costing more due to inflation. If inflation continues to increase, the favourite tool for the bank is to increase interest rates again meaning you have high mortgage payments and high shop prices. I read this rise was unexpected so hopefully this is just a blip | |||
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"We need massive sackings in the civil service. It's bigger now than it's ever been and it's all funded by tax revenue and borrowing. The biggest driver of inflation in a country is government spending, it always has been." Good luck with getting turkeys to vote for Christmas! | |||
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