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.

we watched uk on benefits in the club it is outrageous these scum coming to the uk
one with no legs and brought all is family .the gov says you can only claim benefits if you come to the uk to work well that person can not work he should be sent home

Is that Hazy one going yo the knackers yard, if so they have left the wrong two behind.

Max,

You beat me to it:

What a party.

The party of unnatural leaders!

http://entertainment.guardianoffers.co.uk/i-cc-1098/goveandcameronsqueezie-g/?INTCMP=mic_233410&guni=Cartoon:promo%20Steve%20Bell%20offers:Trail%20with%20image%20on%20side%20(from%20named%20trailblock):Position1:anchor%20image#

-=-=--==


If you hurry you can purchase a few for your lawn!

Who has been sent to the naughty step by the teachers!

hamas firing rockets from hospitals and schools terrorists hiding behind children low life scum COWARDS the red cross should stop feeding the people of gaza let them starve they are terrorists .ISRAEL GOOD PEOPLE THE WORLD SHOULD MAKE GAZA A TERRORIST STATE AND DESTOY IT

Cabinet reshuffle: does David Cameron think sacking male ministers will make women vote for him?




By Norman Tebbit Politics Last updated: July 15th, 2014



http://blogs.telegraph.co.uk/news/normantebbit/100280198/cabinet-reshuffle-does-david-cameron-think-sacking-male-ministers-will-make-women-vote-for-him/

COST OF LIVING CRISIS...........

the facts..........

Shaun Richards ‏@notayesmansecon

So with UK average earnings rising by 0.3% that means real wages fell by 1.6% (CPI) or 2.3% (RPI) in March to May #Realwagecrisis

It does put the BoE and Mark carney in a very difficult and dangerous position now.

Housing inflation at 20% in London but earnings only rising 0.3%.

Ohh what to do with Interest rates!!!!!!!!!!!

Nothing!

sticky - central london house prices are a freak and have been for a very long time ..... whether or not 20% increase in the last year is correct is somewhat irrelevant .... of much more interest is house inflation without that distorting factor

one should also look at house prices relative to where they were in say 2010/2011 when the bottom fell out of everything and many found themselves with negative equity

Not at all youve got it wrong. Completly wrong.

The more a person spends on housing costs out of their disposable income the less it means thay have for other things, and as such their spending on other goods and services falls.

This fall/reduction in demand for other goods and services could lead and probably will lead to the so called recovery coming to an end.

Carney as gotten himself into a real pickle, the housing market is not just firing on all cylinders in London but the rises are now starting further North as people are forced out of London and have to find somewhere else to live.

ohhhhhhh what a mess under this Tory government.

that wasn't the question i asked

at this moment, mortgage rates haven't moved for 5 years, or at least base rates haven't
however, many people have been under severe stress for all sorts of reasons due to negative equity and i'ld be interested to know whether or not that has yet generally unscrambled across the country

slightly off-track, inflation at 1.9% is still historically benign, though its method of measurement is somewhat "strange" as you have pointed out in the past

We arent at the point of the curve where negative Equity comes into play cyners thats further down the line and I would have thought the least of worries for hard up strapped working people.

As for measuring inflation just had this conversation with Mike Hewson on twitter top nob at CMC markets.....

Mick Kipper ‏@MickKipper 11m
@mhewson_CMC Mike I think we need to move over to another form of measuring inflation, CPI is not fit for purpose and RPI is more accurate.

Michael Hewson ‏@mhewson_CMC 10m
@MickKipper I would agree but you'll never get the government to agree - would end costing them a fortune in indexation costs.

Cyners your missing the cost of living point aswel which I pointed out above....

So with UK average earnings rising by 0.3% that means real wages fell by 1.6% (CPI) or 2.3% (RPI) in March to May

If Cost push inflation (mainly wages and salarys) is only resulting in a 0.3% increase you have to ask the question JUST WHAT is fueling inflation overal and we have the answer housing costs.

ps, interest rates may have not increased but for sure people around here are already facing higher mortgage costs from the banks.

i'm not trying to pick a fight, but it would seem that, notwithstanding the house inflation that you bandy about so regularly, you actually believe that many homeowners across the country, especially outside central london and the home counties, still find themselves in negative equity


with regards to CPI and RPI, i suspect that both are considerably flawed, always depending on what one is trying to establish
it's almost a racing certainty however, that all colours of gov't will try to tinker with the composition, as indeed they all do with unemployment numbers

cynic you said......"you actually believe that many homeowners across the country, especially outside central london and the home counties, still find themselves in negative equity".....ends

NO not at all you seem to have mis understood what I have posted.

That was a problem 10 years ago. I dare say the odd house may be in that position but not the majority.

Cyners just got this message from Mike.........

Michael Hewson ‏@mhewson_CMC 29m
@MickKipper think rates will go up Q1 - think Q4 too soon but we'll see I guess. ends

Got your groveling speech ready????????????