UK disposable income falls to lowest since 1921
11 April 2011, 01:10 PM
#1
Scooby Regular
Thread Starter
UK disposable income falls to lowest since 1921
Thanks a lot Cameron and Osborne 
At least I can rest in the secure knowledge that you are both suffering in the same way as the rest of us .... how many 'Inherited' £Millions have you each got stashed away again?
At least I can rest in the secure knowledge that you are both suffering in the same way as the rest of us .... how many 'Inherited' £Millions have you each got stashed away again?
11 April 2011, 01:19 PM
#2
Scooby Regular
Join Date: Feb 2006
Location: Bring back infractions!
Posts: 4,554
Likes: 0
Received 0 Likes
on
0 Posts
Don't see how the current government, in power for less than a year, can be blamed for this. Surely come about due to the state Brown / Blair left the country in the the current lot have now got to try and pull us out of.
Don't see how their personal fortunes have any bearing on this? My disposable income is still enough for me though I am being a bit more careful about my spending as we won't be a two income household for much longer as the missus is on maternity leave. If you work hard then you get rewarded. Simple enough.
Don't see how their personal fortunes have any bearing on this? My disposable income is still enough for me though I am being a bit more careful about my spending as we won't be a two income household for much longer as the missus is on maternity leave. If you work hard then you get rewarded. Simple enough.
11 April 2011, 01:23 PM
#3
Scooby Regular
we all like to berate the government, but in all truth its the banks fault, no one elses, don;t think anyone can argue that point without slinging bullsh1t lol
11 April 2011, 03:02 PM
#4
Scooby Regular
Join Date: Feb 2010
Location: Telford
Posts: 2,757
Likes: 0
Received 0 Likes
on
0 Posts
I agree tidgy, tis the banks fault - BUT, the government LET them do what they do, which is a financial roulette.
Whos paying for it? We are, not the banks. They're making more profits than EVER but I dont see them helping anyone but themselves.
Whos paying for it? We are, not the banks. They're making more profits than EVER but I dont see them helping anyone but themselves.
11 April 2011, 04:00 PM
#6
Scooby Regular
iTrader: (22)
Join Date: May 2006
Location: Doncaster, S. Yorks.
Posts: 21,415
Received 0 Likes
on
0 Posts
Don't see how the current government, in power for less than a year, can be blamed for this. Surely come about due to the state Brown / Blair left the country in the the current lot have now got to try and pull us out of.
Don't see how their personal fortunes have any bearing on this? My disposable income is still enough for me though I am being a bit more careful about my spending as we won't be a two income household for much longer as the missus is on maternity leave. If you work hard then you get rewarded. Simple enough.
Don't see how their personal fortunes have any bearing on this? My disposable income is still enough for me though I am being a bit more careful about my spending as we won't be a two income household for much longer as the missus is on maternity leave. If you work hard then you get rewarded. Simple enough.
11 April 2011, 04:12 PM
#7
Pontificating
Thought I'd ask again as your insomnia/dementia/parkinsons kicks in about now and it amuses me
Trending Topics
11 April 2011, 04:59 PM
#8
Scooby Regular
iTrader: (2)
Join Date: Apr 2004
Location: Somewhere in Kent, sniffing some V-Power
Posts: 15,029
Likes: 0
Received 0 Likes
on
0 Posts
But statutory pay is only something like £125 a week isn't?
I think what he means that she won't be bringing in as much as she was.
Same in our house mate.
Over the course of the 9month period, she will bring home around 75% of her normal salary once you consider child support.
I think what he means that she won't be bringing in as much as she was.
Same in our house mate.
Over the course of the 9month period, she will bring home around 75% of her normal salary once you consider child support.
11 April 2011, 05:44 PM
#10
Scooby Regular
Blair spent our money and gold reserves like a drunken sailor.
Have to agree about Cameron, he has no idea what "real people" look like since he was raised in a bubble of wealth.
Would also agree with the banks point, absolutley fair, just would add surely the government should have had installed tighter controls on what the banks could and could not do with our money>?..
Have to agree about Cameron, he has no idea what "real people" look like since he was raised in a bubble of wealth.
Would also agree with the banks point, absolutley fair, just would add surely the government should have had installed tighter controls on what the banks could and could not do with our money>?..
11 April 2011, 06:32 PM
#12
Scooby Regular
iTrader: (22)
Join Date: May 2006
Location: Doncaster, S. Yorks.
Posts: 21,415
Received 0 Likes
on
0 Posts
But statutory pay is only something like £125 a week isn't?
I think what he means that she won't be bringing in as much as she was.
Same in our house mate.
Over the course of the 9month period, she will bring home around 75% of her normal salary once you consider child support.
I think what he means that she won't be bringing in as much as she was.
Same in our house mate.
Over the course of the 9month period, she will bring home around 75% of her normal salary once you consider child support.
Understood Chris, but I would think it still counts as an income even if financially closer to a part time one. Not accusing Mr Dodger of it, but it would look (in my opinion) arrogant to dismiss over £100 a week as not an income
Last edited by chocolate_o_brian; 11 April 2011 at 06:39 PM.
11 April 2011, 06:43 PM
#14
Scooby Regular
iTrader: (41)
Join Date: Nov 2003
Location: in the woods...........555 Wagon Sqn
Posts: 13,347
Received 55 Likes
on
42 Posts
11 April 2011, 06:51 PM
#15
Pete's headline is an outrageous and blatant falsehood (although admittedly recopied from elsewhere).
It's the biggest drop in disposable income since 1921, not the lowest disposable income since 1921.
If people really were as badly off as back then, half of us would be eating turnip soup for dinner, £%^"ing in an outdoor khazi, and wearing the same set of shoes and clothes for a whole year at a time.
It's the biggest drop in disposable income since 1921, not the lowest disposable income since 1921.
If people really were as badly off as back then, half of us would be eating turnip soup for dinner, £%^"ing in an outdoor khazi, and wearing the same set of shoes and clothes for a whole year at a time.
11 April 2011, 06:54 PM
#16
Scooby Regular
The BBC ran a story that in the last 2 years the average household has lost the equivalent of £1 a day.
£1 a day for that last 730 days.
£730 worse off today than this day 2 years ago.
What the f*ck does that mean? I can no longer spend £730 a day?
Trails - don't expect anything from the regulator. How can a regulator be indepedent when at it's head are all ex-bankers. When you look at any new rules to protect the consumer, the rules invariably have little effect on banks and are largely aimed at putting small advisory practices out of business.
£1 a day for that last 730 days.
£730 worse off today than this day 2 years ago.
What the f*ck does that mean? I can no longer spend £730 a day?
Trails - don't expect anything from the regulator. How can a regulator be indepedent when at it's head are all ex-bankers. When you look at any new rules to protect the consumer, the rules invariably have little effect on banks and are largely aimed at putting small advisory practices out of business.
11 April 2011, 07:06 PM
#17
you all including honda man need to watch zeitgiest on utube you would never blame a goverment again . all this is because of bankers and the rich/wealthy shareholders some of who just happen to be in goverment
http://youtu.be/0kHhc67GopM
http://youtu.be/0kHhc67GopM
11 April 2011, 07:50 PM
#18
Scooby Regular
Join Date: Jan 2004
Posts: 4,207
Likes: 0
Received 0 Likes
on
0 Posts
Its very simple the banking and tax systems are designed to take money from the workers and give it to the wealthy elite. If the workers had any sense they would just stop working and let the **** hit the fan. If we create a proper economic collapse then the electronic money the elite use to run our lives will be worthless. There is no real downside apart from the loss of a few meaningless baubles. The population of the UK spend their lives working to buy pointless toys because advertising tells them that you must have a ****ty smart phone or stupid desinger bag. Don't work and don't pay tax and see how quickly the banking system gets changed.
11 April 2011, 08:08 PM
#19
Scooby Regular
Pete's headline is an outrageous and blatant falsehood (although admittedly recopied from elsewhere).
It's the biggest drop in disposable income since 1921, not the lowest disposable income since 1921.
If people really were as badly off as back then, half of us would be eating turnip soup for dinner, £%^"ing in an outdoor khazi, and wearing the same set of shoes and clothes for a whole year at a time.
It's the biggest drop in disposable income since 1921, not the lowest disposable income since 1921.
If people really were as badly off as back then, half of us would be eating turnip soup for dinner, £%^"ing in an outdoor khazi, and wearing the same set of shoes and clothes for a whole year at a time.
Thats well put!
Ironically my friends in the main are all trying to drive their cars less, rather than buy a filthy old farts diesel
so things like home shopping (delivery services) are popular with my chums, this is ironic since the government wants their fuel duty and is getting less of it; and they are not driving to shops to go shopping and popping into the other shops in the retail park and spending a few extra quid, thus lessoning the finanicial input into the economy. Double edged sword i guess this fuel duty....
11 April 2011, 08:10 PM
#20
Scooby Regular
Join Date: Apr 2001
Posts: 2,227
Likes: 0
Received 0 Likes
on
0 Posts
It's not the bankers' fault, a form of over-leverage merely catalysed the downfall of an overheated market. Governments love credit as it makes (what they spend it on) make them look good - as evidenced by the US's current criticism of the UK cuts as it's the polar opposite of their (stupid IMO) strategy of trying to spend their way out of the crisis (by pumping more and more cash into the system).
The UK is in poor shape because of large increases in recent years in public sector spending - i.e. deliberately spending more than the tax-take even at the height of the boom. It's an old trick politicians use to make them look popular - unfortunately it'll mean no-one learns. The Tories will be blamed for making the cuts that hurt, and people will welcome back the spendthrifts who caused the problem in the first place.
We're like a nation of teenagers who happily accept handouts from our parents, even though we secretly know they can't afford them, and then become hysterical about the unjustness of it all when dad reduces our pocket money because he's just lost his job. Same old boom and bust (just a shame that Brown caused it after claiming he'd done away with it!).
Gordo
The UK is in poor shape because of large increases in recent years in public sector spending - i.e. deliberately spending more than the tax-take even at the height of the boom. It's an old trick politicians use to make them look popular - unfortunately it'll mean no-one learns. The Tories will be blamed for making the cuts that hurt, and people will welcome back the spendthrifts who caused the problem in the first place.
We're like a nation of teenagers who happily accept handouts from our parents, even though we secretly know they can't afford them, and then become hysterical about the unjustness of it all when dad reduces our pocket money because he's just lost his job. Same old boom and bust (just a shame that Brown caused it after claiming he'd done away with it!).
Gordo
11 April 2011, 08:14 PM
#21
Scooby Regular
It's not the bankers' fault, a form of over-leverage merely catalysed the downfall of an overheated market. Governments love credit as it makes (what they spend it on) make them look good - as evidenced by the US's current criticism of the UK cuts as it's the polar opposite of their (stupid IMO) strategy of trying to spend their way out of the crisis (by pumping more and more cash into the system).
The UK is in poor shape because of large increases in recent years in public sector spending - i.e. deliberately spending more than the tax-take even at the height of the boom. It's an old trick politicians use to make them look popular - unfortunately it'll mean no-one learns. The Tories will be blamed for making the cuts that hurt, and people will welcome back the spendthrifts who caused the problem in the first place.
We're like a nation of teenagers who happily accept handouts from our parents, even though we secretly know they can't afford them, and then become hysterical about the unjustness of it all when dad reduces our pocket money because he's just lost his job. Same old boom and bust (just a shame that Brown caused it after claiming he'd done away with it!).
Gordo
The UK is in poor shape because of large increases in recent years in public sector spending - i.e. deliberately spending more than the tax-take even at the height of the boom. It's an old trick politicians use to make them look popular - unfortunately it'll mean no-one learns. The Tories will be blamed for making the cuts that hurt, and people will welcome back the spendthrifts who caused the problem in the first place.
We're like a nation of teenagers who happily accept handouts from our parents, even though we secretly know they can't afford them, and then become hysterical about the unjustness of it all when dad reduces our pocket money because he's just lost his job. Same old boom and bust (just a shame that Brown caused it after claiming he'd done away with it!).
Gordo
Great read...
11 April 2011, 08:20 PM
#22
...We're like a nation of [spoilt!] teenagers who happily accept handouts from our parents, even though we secretly know they can't afford them, and then become hysterical about the unjustness of it all when dad reduces our pocket money because he's just lost his job. Same old boom and bust...
Gordo
Gordo
Last edited by joz8968; 11 April 2011 at 08:21 PM.
11 April 2011, 09:17 PM
#24
Scooby Regular
Join Date: Apr 2001
Posts: 2,227
Likes: 0
Received 0 Likes
on
0 Posts
11 April 2011, 09:21 PM
#25
Scooby Regular
iTrader: (41)
Join Date: Nov 2003
Location: in the woods...........555 Wagon Sqn
Posts: 13,347
Received 55 Likes
on
42 Posts
[quote=EddScott;9982653Trails - don't expect anything from the regulator. How can a regulator be indepedent when at it's head are all ex-bankers. When you look at any new rules to protect the consumer, the rules invariably have little effect on banks and are largely aimed at putting small advisory practices out of business.[/quote]
agree, there are always other agendas, my point was more around what the respective governments did or didn't do
agree, there are always other agendas, my point was more around what the respective governments did or didn't do
11 April 2011, 09:23 PM
#26
Scooby Regular
Join Date: Jun 2005
Location: Home
Posts: 14,758
Likes: 0
Received 0 Likes
on
0 Posts
12 April 2011, 09:35 AM
#27
Scooby Regular
Join Date: Feb 2006
Location: Bring back infractions!
Posts: 4,554
Likes: 0
Received 0 Likes
on
0 Posts
As she has a long service with the NHS she gets two months at full pay, then I think another four at half pay, then the remainder of the nine months on just statutory. She intends to take a year off so there will be a period of three months with no pay whatsoever. However she does continue to accrue annual leave whilst off so by effectively going back before the year is up and then taking all the leave amounts to at least another month on full pay. So it won't really bite for a while and the fact that she's no longer commuting 200 miles a week will help!
Longer term I doubt she'll go back full time so we'll still be down on what we're used to.
12 April 2011, 11:20 AM
#28
Scooby Regular
Join Date: Aug 2002
Posts: 39,877
Likes: 0
Received 0 Likes
on
0 Posts
What has the present government done to bring it to our present situation? Lets see a bit of sense in your pronouncements for once.
Les
12 April 2011, 08:02 PM
#29
Scooby Regular
WOO HOO
Inflation is down - the boys in blue (and yellow) clearly know what they are doing.
You watch the f*cker drop like a stone in 12 months time. No more US QE = fuel calms down and commodity prices in $ stabilise, no VAT increase to calculate in, car insurance prices level out and we still not out there buy buy buying.
Inflation is down - the boys in blue (and yellow) clearly know what they are doing.
You watch the f*cker drop like a stone in 12 months time. No more US QE = fuel calms down and commodity prices in $ stabilise, no VAT increase to calculate in, car insurance prices level out and we still not out there buy buy buying.
Thread
Thread Starter
Forum
Replies
Last Post