Making the news today....

[Whoppa Choppa]

Ukrainians running out of popcorn 

[doobin]

14 hours ago, Whoppa Choppa said:

Ukrainians running out of popcorn 

Or not... What a rollercoaster 24 hours.

[trigger_andy]

22 hours ago, Treewolf said:

Strange how the media never seem to ask the people with savings and no mortgage about the interest rate increases! I guess good news isn't news...

And what percentage of the population is that? A minute one I expect. Yes for these lucky few it will be a nice wee cash boost to add to their nest egg  but on the other hand multiple millions will be crippled. 
 

But yeh, I’d love to hear about some Boomer enjoying another holiday next year because the interest rate has gone up. Great news article that would make. 🙄

Edited June 25, 2023 by trigger_andy

[devon TWiG]

roughly speaking about 1/3 of houses are owned ( mortgage free ) 1/3 are rented and 1/3 have a mortgage , many with a percentage paid off ( plenty of equity )  so in reality it does not affect as many people as it would first appear ...no consolation for those that it does though !!!

[Stere]

A tory saying increases in tax would be better method to target infaltion than interest rates rises...

 

Quote

If the government wants to curtail the spending of older, richer people, it needs to tax them, say some. David Gauke, a former Conservative Treasury minister, said: “Ministers could consider taking measures such as increasing taxes to redistribute the pain. The challenge all authorities have at the moment is about the distribution of pain, but the pain can’t be avoided when the economy is running too hot.”

 

🤔😏

 

 

Rishi Sunak forced to acknowledge control of inflation lies with Bank of England | Rishi Sunak | The Guardian

WWW.THEGUARDIAN.COM

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Chancellor agrees ‘mortgage charter’ to help borrowers but Labour says intervention is ‘weak’

 

Edited June 25, 2023 by Stere

[Johnsond]

5 hours ago, Stere said:

A tory saying increases in tax would be better method to target infaltion than interest rates rises...

 

 

🤔😏

 

 

Rishi Sunak forced to acknowledge control of inflation lies with Bank of England | Rishi Sunak | The Guardian

WWW.THEGUARDIAN.COM

---

Chancellor agrees ‘mortgage charter’ to help borrowers but Labour says intervention is ‘weak’

 

So we will help you by taxing you more 🤷‍♂️that’s thanks you get for being a hard working responsible type your whole working life 😡Tories I’m sad to say are literally out of ideas big time, worse than that the opposition don’t have anything whatsoever to bring to the table. 

[billy_wizz]

2 hours ago, Johnsond said:

So we will help you by taxing you more 🤷‍♂️that’s thanks you get for being a hard working responsible type your whole working life 😡Tories I’m sad to say are literally out of ideas big time, worse than that the opposition don’t have anything whatsoever to bring to the table. 

 I wonder how many MPs have held down a proper job these days not many I suspect and would likely explain the lack of ideas!

[spuddog0507]

On 24/06/2023 at 01:23, Johnsond said:

An increase in a 40k mortgage is easier to handle than an increase on a 300k mortgage

Eh obviously !!

[Mark J]

5 hours ago, Johnsond said:

So we will help you by taxing you more 🤷‍♂️that’s thanks you get for being a hard working responsible type your whole working life 😡Tories I’m sad to say are literally out of ideas big time, worse than that the opposition don’t have anything whatsoever to bring to the table. 

The 'opposition' are very much Tories in red ties.

[Johnsond]

24 minutes ago, spuddog0507 said:

Eh obviously !!

Was that even worth the bloody effort to write it eh 🤷‍♂️ffs. 
 

Edited June 25, 2023 by Johnsond