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callaght

Uk Consumer Price Inflation 0.3%

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First Time Buyers paying 9.7% more than a year ago according to ONS. Insane! Help-to-Buy boosting GDP! Well done Osborne you idiot.

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Guest BillyNI

Map that against house price inflation and no doubt there will be an even more ridiculous divergence.

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The wise financial wizards have a bit of a problem here, they need inflation to rise, badly, but they don't want the pound to drop because that causes inflation.

In reality the pound must drop or devalue because that is the only way the UK can compete in the real economy.

More expensive imports, cheaper exports.

Presumably their chums in the city don't want the pound to drop.

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Three old pence.

Well when I first went to school in 1969 a thru penny bit (1.25 newpence) bought three jammy dodgers from the tuck shop. Not that I ever had more than tuppence in my pocket.

Edited by crashmonitor

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The new £1 coin.....how much is it worth?

New_1_pound.jpg

Even a bundle of these won't have much scrap value due to the mixed alloys. It's only going to be worth the sentiment attributed to it, and I think that is fading fast. May have numismatic value in the future as the last straw pound.

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Was shopping today, noticed Asda have put the price of 4 pints of milk up to 95p! When did this go up? not widely publicised was it?, its creeping up from the old 89p it used to be. Tesco worse -£1.

I don't see how cpi can be only 0.3% when there are so many things going up now. Petrol up to 105.9 from 95.9, cost of eating out up,. Even Toby carveries midweek are up to nearly £8 crown ones not much cheaper, hotels up, airfares not any cheaper even though fuel has fallen.....

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Subway reduced the size of their salad bowls, got one today at lunchtime, shrinkflation here we go!

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Was shopping today, noticed Asda have put the price of 4 pints of milk up to 95p! When did this go up? not widely publicised was it?, its creeping up from the old 89p it used to be. Tesco worse -£1.

I don't see how cpi can be only 0.3% when there are so many things going up now. Petrol up to 105.9 from 95.9, cost of eating out up,. Even Toby carveries midweek are up to nearly £8 crown ones not much cheaper, hotels up, airfares not any cheaper even though fuel has fallen.....

Were you born in 2012?? Asda used to sell 4 pints for £1 years ago (and probably £1.25 longer ago) then they dropped to 90p - it's widely publicised that supermarkets put immense pressure on dairy farmers, they barely turn a profit.

4 pints of milk for £1 is ******ing cheap.

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Milk isn't really a good thing to look at. The supermarkets effectively use it as a loss leader.

Edited by Errol

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