Cost of living crisis.

[Newby112]

Don't worry all...Tesco has reduced the price of milk by 5p a pint

[grobyfox1990]

5 hours ago, leicsmac said:

Would you mind citing these actual figures and actual plus guesswork for the purpose of comparison?

I was gonna say, what are the actual figures?? I can’t quote the original comment but would be interested in them for sure. 

[fox_up_north]

6 hours ago, Newby112 said:

Don't worry all...Tesco has reduced the price of milk by 5p a pint

It may not seem much but hopefully it's a start of more to come

[brucey]

6 hours ago, Newby112 said:

Don't worry all...Tesco has reduced the price of milk by 5p a pint

I regularly shop at Tesco, they've further increased the price of Lactofree milk by 10p per litre in the past week, among many other things.. 

[grobyfox1990]

1 hour ago, brucey said:

I regularly shop at Tesco, they've further increased the price of Lactofree milk by 10p per litre in the past week, among many other things.. 

Tbf the amount of waste and inefficiency in that business must be astronomical, they are not the lean mean operating machine Aldi and Lidl are. They have about 17 different types of sausage on sale LOL. That will always create a tight profit margin which will be hit in periods of high inflation like this, the consumer is going to pay more.

[dsr-burnley]

11 hours ago, leicsmac said:

Would you mind citing these actual figures and actual plus guesswork for the purpose of comparison?

The table shows actual figures for 2022 and estimated (guesswork) figures for 2023.  I got the actual + guesswork figure by adding the two together.

 

For example, the UK showed 4% actual growth in 2022 and minus 0.3% in 2023, and adding them together gets 3.7% combined for the two years actual + estimated.

[Tommy G]

2 hours ago, fox_up_north said:

It may not seem much but hopefully it's a start of more to come

Sainsburys have copied the club card scheme by having nectar prices. 

[leicsmac]

23 minutes ago, dsr-burnley said:

The table shows actual figures for 2022 and estimated (guesswork) figures for 2023.  I got the actual + guesswork figure by adding the two together.

 

For example, the UK showed 4% actual growth in 2022 and minus 0.3% in 2023, and adding them together gets 3.7% combined for the two years actual + estimated.

Thank you for the clarification.

 

In that case, I would say that he focused on one over the other because regardless of growth in the past year it would still be noteworthy for the UK to perform worse economically in terms of growth in 2023 than any other major player.

 

And for my own part, it's also noteworthy that the current UK government would apparently rather engage in culture war rubbish involving taking shots at those who actually want to help everyone (rather than those who just want to help themselves and those in their line of sight) than actually address the problem itself.

[kenny]

50 minutes ago, leicsmac said:

Thank you for the clarification.

 

In that case, I would say that he focused on one over the other because regardless of growth in the past year it would still be noteworthy for the UK to perform worse economically in terms of growth in 2023 than any other major player.

 

And for my own part, it's also noteworthy that the current UK government would apparently rather engage in culture war rubbish involving taking shots at those who actually want to help everyone (rather than those who just want to help themselves and those in their line of sight) than actually address the problem itself.

Strangely, the UK is expected to outperform most of Europe between now and 2028.

 

Perhaps the IMF are assuming Labour will come in and put everything right in their predictions?

[leicsmac]

7 minutes ago, kenny said:

Strangely, the UK is expected to outperform most of Europe between now and 2028.

 

Perhaps the IMF are assuming Labour will come in and put everything right in their predictions?

By whom?

 

Of course, this all being said, economics is a soft science trying to masquerade as a hard one and so any and all predictions should probably be taken with caution anyway, including that of the IMF.

[kenny]

2 hours ago, leicsmac said:

By whom?

 

Of course, this all being said, economics is a soft science trying to masquerade as a hard one and so any and all predictions should probably be taken with caution anyway, including that of the IMF.

It was in a report about the IMF figures. I have no idea how this stuff works except that predictions are usually wrong.

 

It's hard to see how they can guess what the effect of an economic policy of a government may be in 5 years.

[Free Falling Foxes]

Dunno if this has been mentioned in this thread previously, but I know someone who has switched to this for BB and gas/leccy.

Anyone else tried it? Supposed to have saved her a tidy sum, so she says.

[ozleicester]

[yorkie1999]

top tip.   Lurpak and Nordpak are the same thing from the same factory. one is 2 quid the other is 5.

[Heathrow fox]

Branded bread now £1.65.a loaf.Not that I buy it much these days 

[Spudulike]

Heinz soup had been reduced from £1.70 a tin to £1.40 in Sainsburys. Still won't buy it though when Crosse & Blackwell soups are still a quid (and nicer). Heinz are on the naughty list. 

 

Quaker oats back down to £2 a box from £2.70. Won't need to trapse over to Iceland now (not the country). 

[Trav Le Bleu]

7 hours ago, ozleicester said:

But you can't tax the rich or they'll just leave.

 

Why else is Elon Musk so into space travel?

[dsr-burnley]

9 hours ago, ozleicester said:

That's aiming too low.  Tax them 20% and no-one will ever be hungry again, because that's enough to lift everyone out of poverty.  

 

Of course, if we try and keep the argument at the simplistic level quoted here, after 20 years of taxing the rich at 5%, there won't be any rich left to tax.  Then we might all be hungry again.  (Yes, I realise that percentages don't actually work like that, but let's not complicate the arguments with real-world accuracy.)

 

And of course this plan will only work if there is massive re-colonisation by the countries that think they have the answers.  And while invading and conquering Africa might be possible, albeit at counterproductive levels of loss of life, Russia and China might be harder nuts to crack.

[ozleicester]

1 hour ago, dsr-burnley said:

That's aiming too low.  Tax them 20% and no-one will ever be hungry again, because that's enough to lift everyone out of poverty.  

 

Of course, if we try and keep the argument at the simplistic level quoted here, after 20 years of taxing the rich at 5%, there won't be any rich left to tax.  Then we might all be hungry again.  (Yes, I realise that percentages don't actually work like that, but let's not complicate the arguments with real-world accuracy.)

 

And of course this plan will only work if there is massive re-colonisation by the countries that think they have the answers.  And while invading and conquering Africa might be possible, albeit at counterproductive levels of loss of life, Russia and China might be harder nuts to crack.

So you realise and acknowledge what you write is complete bullshit...but continue anyway. Partially explains why we are fvcked as a society

[chapero82]

I’m struggling really bad at the moment, I really need a job and I’ve applied for around 300 jobs in the past week but I’ve not heard back from one of them. It’s quite demoralising 

[HighPeakFox]

3 hours ago, chapero82 said:

I’m struggling really bad at the moment, I really need a job and I’ve applied for around 300 jobs in the past week but I’ve not heard back from one of them. It’s quite demoralising 

Volunteering for serial rejection is very cruel, and I send you very best wishes for a good outcome. 

[Nalis]

16 hours ago, ozleicester said:

I agree, we should still tax the rich more. Problem and reality is the super rich make most of their money via tax efficient investments as opposed a standard salary and would basically shift things even more in that direction.

[Nalis]

4 hours ago, chapero82 said:

I’m struggling really bad at the moment, I really need a job and I’ve applied for around 300 jobs in the past week but I’ve not heard back from one of them. It’s quite demoralising 

What type of work are you trying to apply to? 

[chapero82]

1 hour ago, Nalis said:

What type of work are you trying to apply to? 

I’m looking for Administration, Scheduling, Purchase ordering or resource management type of roles.

[chapero82]

2 hours ago, HighPeakFox said:

Volunteering for serial rejection is very cruel, and I send you very best wishes for a good outcome. 

Thanks I really appreciate that mate