Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

LOL.......

lol, and they can do that for the other two as well.

Hays,

Talking about Public against Private services.

Is this the standards you wish.



=======

But not forgetting Old Boys who pull together.

Scarey for a lot of people..........

Mortgage Misery For Millions If Rates Go Up

There is growing speculation that the Bank of England may begin to consider lifting the cost of borrowing within months.1:02am UK, Friday 20 December 2013 Mortgage approvals rise again.

Some four million would be not be able to pay their mortgage if rates rose

By Ed Conway, Economics Editor

Around four million families would not have enough cash to pay their mortgage if interest rates rose to barely half the rate they were before the crisis, according to Bank of England research.

The warning from the Bank comes amid growing speculation that it may begin to consider lifting the cost of borrowing within months.

Research published in the Bank's Quarterly Bulletin sketches out a worrying picture for UK households in the event of an increase in the cost of borrowing.

The Bank's statistics show that if rates rose by 2.5% to a level of 3%, more than half of the eight million families with mortgages would not have enough in their monthly budgets to afford the increased interest payments.

They would be forced to cut their spending or work longer hours.

However, the Bank said that if families' incomes increased by 5% in the coming years, then the proportion of mortgage-holders struggling to manage their payments would be around a third.

Insiders also pointed towards the fact that at present investors only expect interest rates to reach 1.7% by the end of 2016 - significantly lower than the 3% level in the Bank's scenario.

The shock would not be limited to those with mortgages. The Bank's report also found that almost 5% of small businesses in the UK faced a 50% or greater chance of defaulting if interest rates rose by four percentage points.

However, the report also found that for many families the current debt burden decreased over the past year.

The proportion of mortgagors struggling to pay for their accommodation remained relatively unchanged; the share of households worried about their debt levels dropped from 46% to 39%.

The most strain over the past year was felt by those who rent their home. The Bank's research shows that the number of renters who face credit card and unsecured loan interest bills of more than a fifth of their incomes has risen from 800,000 to 1.1 million this year.

The worry is that the households most exposed to debt problems are those who are renting, are unable to rely on the capital value of their home, and who have had to take out large loans to sustain their lifestyles.

Things to come under privatisation unless of course there is a public bail out from
the tax payers purse:

Have they arrested Wavey Dave?

If not why not?

UK current account deficit deficit widens to 5.1% of GDP in Q3 from 1.5% of GDP in Q2. Ouch.

Telegraph Finance ‏@TeleFinance 22m
UK current account deficit with the rest of world in Q3 is widest since 1989, despite economic growth.

Question...........is Osbourne doing his job correctly??.

It depends who he is doing his job for!

Himself I thought. Hes already awarded himself a 10% reduction in tax he as to pay.

Well when I say pay, I mean should pay.

Morning GF at the Con club tonight, quiz night (sad bastard), will you be wearing your red tie? You crack me up mate :O)

he he he, im a member at the socialist club and the liberal club aswel chris.

Have to be...........tory polices have closed down the three pubs that were standing 18 months ago.

Hey and dont forget just cos Im against present Tory front bench doesnt mean i wont be rollocking labour when they take over in 2015.

Update - Labour lead at 5
by YouGov in Politics
Fri December 20, 2013 6 a.m. GMT

Latest YouGov / The Sun results 19th December - Con 34%, Lab 39%, LD 11%, UKIP 12%

That is up 1%.

Some of the workers have escaped to vote.

Come on UKIP!

8-)

Hays Hays Hays.......just in............well 27 mins ago.

electionista ‏@electionista 27m
UK - Populus poll: CON 32%, LAB 40%, LDEM 12%, UKIP 8% - last Populus poll of 2013

Anywhere between 4% and 8% is within error rates. That's why the polls go up and down every day. Basically the gap is static.

LOL. HE MAKES IT UP AS HE GOES ALONG.

I suppose it doesnt swing then to the tories within these tolerance points. Its just labours figures that swing too and fro. LOL LOL LOL LOL LOL LOL LOL

Does anyone know how low the vote take has to go before the dim/libs start falling apart?

The UK economy is growing faster than previously estimated, according to the latest official figures.
The Office for National Statistics (ONS) said gross domestic product was up 0.8% in the July-to-September period compared with the previous quarter, confirming its previous estimate.
But it revised its growth figures for earlier quarters.
This means the estimated annual growth rate has now risen from 1.5% to 1.9%, a revision that has surprised economists.
A Treasury spokesman said: "Today's data show that the recovery has been stronger than previously thought and that the government's long-term economic plan is working.