dpg50000

How does this work if not linked to inflation? We just accept getting poorer and poorer? Also, this will be a classic case of fiscal drag - it'll never get revised upwards, but potentially would get revised downwards when convenient. They can f**k off.

What kind of products, and what level of impact?

Nearly a million quid for something with a combined lounge / kitchen smaller than the kitchen in my ~£300K house in the NW of England. People have lost their minds over the last 20 years.

Looks like another one that's run out of renovation money, judging by the numerous pictures of half-finished work.

US GDP 4.9% annualised. Perhaps the Fed will raise at their next meeting?

Just google rishi sunak bragging divert funding Here's one link of many - https://www.youtube.com/watch?v=yKk3QQOsaTg

Nice guys generally get caught on camera bragging about diverting money away from poor areas to already wealthy areas, do they?

Indeed it is. Just not in the way you think.

Pretty sure dual income mortgages were the norm in 1999.

But your beloved China will be just fine, right?

I'm glad you finally acknowledge this, given some U.S. bond yields have been hitting new highs recently. 🤡

Man, I wish my bank account balance was crumbling like these yields, eh @Stewy 🤡

There'll be limited ones designed to seem generous but actually of no use. In case no-one's updated your LLM recently, the government is beyond broke and bond yields are many times higher than a few years ago.

Would still be a ripoff for a wooden shed.

Yields definitely crumbling 🤣 @Stewy conspicuous by his absence here. Wonder why? 🤣

What a totally unexpected response from you 🙄. TBH, I'm disappointed. Isn't AI supposed to learn and adapt itself so you can't tell it's not human.

You don't half talk some b****ocks. As if it is that easy.

Back to the original topic. Not sure what the point of the BOE sounding the alarm is, when (as others have pointed out) they helped cause the issue and do nothing to help resolve it. I still remember their alarm over a "terrifying rise" in car finance, for which they did precisely nothing to stop it.

As it should be. This relatively recent (last 10-15 years) culture of no-one taking any responsibility and whining for a government bailout when it goes wrong (and usually getting one, to be fair ☹️) is a pox on society. I just wish the recent lack of government assistance (again, relative) had been borne of a desire to make people think things through and stand on their own two feet more, not forced on them due to a lack of money and a crumbling pound.

Thanks for the link. Absolute nuts. That can't possibly end well.

Do you have a link for that? Sounds incredibly risky and unsustainable.

Ah, more reverse crumbling, eh @Stewy?

No, although I underestimated the initial calculation. 336000 is 97.65% higher than 170000. https://www.percentagecal.com/answer/336000-is-what-percent-of-170000

I honestly feel that this may be straw the breaks the camel's back. Tories have taken the p*ss once too often, and I suspect may be unelectable for at least 10 years.

LOL. Good to see the almighty economists were only 91% out with their job estimates. Clowns.