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Inflation jumps to 2.9%
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=5574		 Page 1 of 1
Author:  Coref [ Tue Jan 19, 2010 11:46 am ]
Post subject:  Inflation jumps to 2.9%
http://www.guardian.co.uk/business/2010 ... n-december

Anyone would the UK has been printing money. :roll:
Author:  davrosG5 [ Tue Jan 19, 2010 1:05 pm ]
Post subject:  Re: Inflation jumps to 2.9%
Now watch as your bank ups your mortgae rate jumps to meet this as soon as the BoE puts up interest rates while your savings rate somehow doesn't.
Author:  jonbwfc [ Tue Jan 19, 2010 2:19 pm ]
Post subject:  Re: Inflation jumps to 2.9%
I've just been informed there will be no 'cost of living' pay raises this year. So I've effectively had a pay cut then :?
Author:  l3v1ck [ Tue Jan 19, 2010 2:40 pm ]
Post subject:  Re: Inflation jumps to 2.9%
davrosG5 wrote:
Now watch as your bank ups your mortgage rate jumps to meet this as soon as the BoE puts up interest rates
Thanks goodness for fixed rate mortgages.
As far as savings go, thanks to these bloody bankers and the downturn, I have very little savings left to make money on anyway.
Author:  timark_uk [ Tue Jan 19, 2010 2:47 pm ]
Post subject:  Re: Inflation jumps to 2.9%
jonbwfc wrote:
I've just been informed there will be no 'cost of living' pay raises this year. So I've effectively had a pay cut then :?
It was the same last year for me and the same again this year.

Mark
Author:  big_D [ Tue Jan 19, 2010 3:00 pm ]
Post subject:  Re: Inflation jumps to 2.9%
jonbwfc wrote:
I've just been informed there will be no 'cost of living' pay raises this year. So I've effectively had a pay cut then :?

I think I'm on a pay freeze this year.

My girlfriend has had a 2.5% pay cut, her Christmas pay has been halved and her employer won't be paying "holiday" money either (for each day of holiday, they generally pay an extra couple of Euros).
Author:  l3v1ck [ Tue Jan 19, 2010 10:25 pm ]
Post subject:  Re: Inflation jumps to 2.9%
timark_uk wrote:
jonbwfc wrote:
I've just been informed there will be no 'cost of living' pay raises this year. So I've effectively had a pay cut then :?
It was the same last year for me and the same again this year.
I had that for five years in a row in one job. Part of the reason why I moved companies.
Author:  Coref [ Wed Jan 20, 2010 9:20 pm ]
Post subject:  Re: Inflation jumps to 2.9%
l3v1ck wrote:
timark_uk wrote:
jonbwfc wrote:
I've just been informed there will be no 'cost of living' pay raises this year. So I've effectively had a pay cut then :?
It was the same last year for me and the same again this year.
I had that for five years in a row in one job. Part of the reason why I moved companies.


Average earnings for people in the middle has been static for most of the past decade. The cost of living has shot up in that time. :(
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