Bear Goggles Posted December 14, 2005 Share Posted December 14, 2005 I'm quite amazed they took the time to reply! keep this guy's name - could be handy in the future ? One thing that I have personally been suprised about is how these people do reply, and not just with a standard letter, when I write to them. It suggests to me that very few people question economic policy in this country. Perhaps all this changes when we enter a recession and everybody is just too satified with the status quo. Alternately, perhaps this is the infamous appathy we hear so much about. Quote Link to comment Share on other sites More sharing options...
BringItOn Posted December 14, 2005 Share Posted December 14, 2005 Indeed - And then a couple of months later hugely inflated council tax bill start landing on doormats & the possibility of more stealth tax increases from the Treasury come into play. Just a point to add to this. What about the huge fuel bills that will be landing on the mats after winter. I think people do not have a clue the impact this might have. IMOH Any views?? Quote Link to comment Share on other sites More sharing options...
FTBagain Posted December 14, 2005 Share Posted December 14, 2005 Just a point to add to this. What about the huge fuel bills that will be landing on the mats after winter. I think people do not have a clue the impact this might have. IMOH Any views?? We got a letter from N-Power the other saying they were going to put up our fuel charge rates in the New Year, but they neglected to tell us by how much. Get the idea it is going to be huge? Quote Link to comment Share on other sites More sharing options...
boom_and_bust Posted December 14, 2005 Share Posted December 14, 2005 Hi, Interesting to see where BoE go after xmas. Over the past month we have seen ; 14/12/2005 - US raises rates .25% 08/12/2005 - New Zealand Raises Rates .25% 06/12/2005 - Canada raises rates .25% 01/12/2005 - European Union raises rates .25% 28/11/2005 - Israel raises rates .5% ??/??/2006 - Australia widley expected to raise after christmas It doesn't mean a rise in UK rates is nailed on but alot of other countries are thinking the opposite and worrying about inflation alot more than BoE, even in US, Australia and NZ where house price falls have already been aired across the media. You have to think as well that the UK, like the US, is very dependent on foreign cash inflows to sustain it's trade defecits. And if the recent fall in the doctored headlined inflation rate benefited from a fall in oil prices, a fall in sterling will bring the inflation figure back upwards again on that basis. Less and less scope to cut rates for Gordon, plenty of incentives to raise them. First few months of next year could be very interesting to see what their next step is. Boomer Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted December 14, 2005 Share Posted December 14, 2005 Bank of England replied with: Including the fact that if the dollar strengthens, UK exports to the US would become more competitive benefiting the economy. UK Exports????? WTF do we export these days?????? Quote Link to comment Share on other sites More sharing options...
Jason Posted December 14, 2005 Share Posted December 14, 2005 Do bear in mind I sent that e-mail on 7th Nov, and only got a reply last week! I think the average joe couldn't answer! I did chase it a few times mind. I was going to reply, but I don't really know what to say without being rude. I.e. No 'boom and bust' - well, we've had a boom! Economic stability, errr does debt mean anything? I won't publish the chaps name here, it's probably a little unfair - but if you want it, PM me! Quote Link to comment Share on other sites More sharing options...
nobody Posted December 14, 2005 Share Posted December 14, 2005 UK Exports????? WTF do we export these days?????? Call Centre jobs Quote Link to comment Share on other sites More sharing options...
New Bear Posted December 14, 2005 Share Posted December 14, 2005 "Including the fact that if the dollar strengthens, UK exports to the US would become more competitive benefiting the economy." I hope the person who wrote this knows more about economics than how to write a grammatical sentence. Pedant - who me? Quote Link to comment Share on other sites More sharing options...
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