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UK household budgets 'face 10-year squeeze'
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=14713		 Page 1 of 1
Author:  paulzolo [ Mon Sep 12, 2011 9:57 am ]
Post subject:  UK household budgets 'face 10-year squeeze'
Quote:
Household budgets could be squeezed for the next 10 years as the impact of tax rises and cuts is felt, the Institute for Fiscal Studies (IFS) has warned.

Its survey suggests families have seen the biggest fall in living standards in 30 years in the last financial year.


http://www.bbc.co.uk/news/uk-14879003

If you can - clear your debts, put your credit card on notice and batten down the hatches.
Author:  Amnesia10 [ Mon Sep 12, 2011 11:01 am ]
Post subject:  Re: UK household budgets 'face 10-year squeeze'
I actually think it will be far longer. Though the further out you look the less reliable forecasts become. This government own forecast that we will be doing well in 2015 looks spectacularly over optimistic. For the last three years most economists and bankers have been wrong on every count as to how this will progress.
Author:  MrStevenRogers [ Mon Sep 12, 2011 11:37 am ]
Post subject:  Re: UK household budgets 'face 10-year squeeze'
paulzolo wrote:
Quote:
Household budgets could be squeezed for the next 10 years as the impact of tax rises and cuts is felt, the Institute for Fiscal Studies (IFS) has warned.

Its survey suggests families have seen the biggest fall in living standards in 30 years in the last financial year.


http://www.bbc.co.uk/news/uk-14879003

If you can - clear your debts, put your credit card on notice and batten down the hatches.


2 major debts paid 3 months early
the next debt will be paid before xmas

its going to be hell out there. very shortly ...
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