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Realistbear

' Brits Have Less Spending Money Than Ever'

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http://uk.biz.yahoo.com/08102007/140/brits...ding-money.html

Financial News

Monday October 8, 01:09 PM

'Brits Have Less Spending Money Than Ever'

Britons have less spending money than at any point over the past 10 years, a report has found. It said pay had increased over the past decade - but more of it is being swallowed up by rent, utility bills and taxes.
Price comparison website uSwitch.com
blamed a tax increase of 85% and a 77% rise in social contributions for pushing down take-home pay.
The website claims the proportion of money left to spend on non-essential items is lower than any time since 1997.

Gordon has got away with it so far, but as soon as the sheeple realise their 300% gains in property are opinion and the debt behind them real, Miliband will become PM!

What a disaster though. Its going to cause a lot of anger, frustration and you can bet we will soon see more articles suggesting that as many as 16 million Brits will want to emigrate. I may be one as my trip back to the US for a holiday has got me asking myself why bother with the UK. Especially for the next ten years as we pay for Brown's debt binge. Sadly, we have become what "Little Britain" portrays with paradoric insight.

Edited by Realistbear

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RB i respect your position as dredger up of news stories and king of link posters but has

this not been put on today already?

.

ST

Yup. DrBubb nailed it first but I didn't connect his title thread! Hopefully, the mods will merge this or simply hit disacard.

But isn't the news a bit bearish lately? Unbelievable sea chnage in sentiment. Its just like GC2 has proven to be--it comes suddenly. One day the sheeple are basking in HPI and the next its doom and gloom and the inevityable panic to get out.

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But isn't the news a bit bearish lately? Unbelievable sea chnage in sentiment. Its just like GC2 has proven to be--it comes suddenly. One day the sheeple are basking in HPI and the next its doom and gloom and the inevityable panic to get out.

It is quite amazing how quickly it has turned.

But it can be seen at a personal (rather than societal) level also.

Friends who assured me I was talking rot a few months ago, now

take the idea of a crash as a given fact as though its self evident <_<

.

Well its what we wanted so I guess we should be grateful.

I just hope I can build up enough capital to be ready to buy in a couple

of years.

.

ST

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