Pinoy Newbie - London Info =)

[KeithD]

In the UK we can no longer afford fuel, and it is likely to reach S$4.50 a litre by the end of the year. Utility bills are up around 16% this year....Food is up around 14%........and the government think we are all mathematically stupid and tell us inflation is at 2.5% ......and they wonder why voting turnout struggles to hit 30%.....They are the dumb

Average pay rise is 2% so money is devaluing fast, and 10,000 of people are now much poorer than this time last year. Welcome to the UK

[leomar]

In the UK we can no longer afford fuel, and it is likely to reach S$4.50 a litre by the end of the year. Utility bills are up around 16% this year....Food is up around 14%........and the government think we are all mathematically stupid and tell us inflation is at 2.5% ......and they wonder why voting turnout struggles to hit 30%.....They are the dumb

Average pay rise is 2% so money is devaluing fast, and 10,000 of people are now much poorer than this time last year. Welcome to the UK

wow! life is really getting worse day by day, i don't think it only happens in the UK but same scenario is happening around the globe. You can hear the same rant from the locals and expats in SG as well.

Thanks for the very detailed information, hope i didn't ruin your morning by those "flashbacks" of reality.

Anyway, if we translate the percentage allocation into pounds (is it quid?) how much should i spend on:

Rent -
Food -
Bills (Electricity, Water, Gas?) -
Credit Cards -
Transpo -
Socials -

on a monthly basis? I know it depends on the lifestyle but i just want to have an idea on the expected expenses. Oh, before i forget, so if someone offers me a job in the UK, how much should i be looking at so i can have a decent life with a reasonable savings (25%-30% of gross salary) after the huge tax?

I really appreciate your help guys!

So gas is really pain in the behind, same with John in the US.

[Banana]

In the UK we can no longer afford fuel, and it is likely to reach S$4.50 a litre by the end of the year. Utility bills are up around 16% this year....Food is up around 14%........and the government think we are all mathematically stupid and tell us inflation is at 2.5% ......and they wonder why voting turnout struggles to hit 30%.....They are the dumb

Average pay rise is 2% so money is devaluing fast, and 10,000 of people are now much poorer than this time last year. Welcome to the UK

Personally I would lay off heavily biased political posting like this.

If we can no longer afford fuel - why does the UK have one of the highest (2nd or 3rd I believe) per capita car ownership in the world. Why are there cars on the road going places?

Food inflation is currently running at 5.5% (unless you read the Daily Mail)

Fuel 6.2%

Of course both of the above are due to global issues.

Average Earning Feb 2007 to Feb 2008 rose 3.7%

I am sure that if you look at similar statistics from 1997 to 2007 you will be very happy.

[KeithD]

Personally I would lay off heavily biased political posting like this.

Are you on another planet you prat? Another gullible human

[aromulus]

Are you on another planet you prat? Another gullible human

A "Guardian" reader....????

On Sunday I went to fuel my car with diesel £ 1.15.9 per litre...
Monday afternoon I went to the same place to top up for the rest of the week £1.17.9 per litre.....
The increase was not announced, I don't think....

Inflation is rampant. Money is scarce and I feel the pinch because my sales up to date are way down, compared to the previous year.
I better stop, it is not my rant here.....

[Banana]

Are you on another planet you prat? Another gullible human

Charming.

[joebloggs]

statistics

put your head in an oven and your legs in the fridge and a statistician will tell you your ok

gov figs show inflation at a few %

was this from the same people who said only a few 1000s eastern europeans would come to the uk .. oh out by a figure of at least 1000%

why do people have so many cars, well second hand ones are pretty cheap, why do people drive, you have you tried pubic transport


average earnings rose by 3.7% , might have done for those who got a rise or those who were not made redundant

[andypaul]

Personally I would lay off heavily biased political posting like this.

If we can no longer afford fuel - why does the UK have one of the highest (2nd or 3rd I believe) per capita car ownership in the world. Why are there cars on the road going places?

Food inflation is currently running at 5.5% (unless you read the Daily Mail)

Fuel 6.2%

Of course both of the above are due to global issues.

Average Earning Feb 2007 to Feb 2008 rose 3.7%

I am sure that if you look at similar statistics from 1997 to 2007 you will be very happy.

So you belive house prices are down 1 percent since last year in London?
Forget massive multi million pound houses im talking about the surburbs where normal people live houses are simply not moving. The ones i do see advertised and sold are normally being sold at a far lower price than expected as the seller as to sell as the rental vaule has dropped below the mortage payments.

I think the 30 percent drop in the year being mentioned by a member of the monetary policy committee is more likely. But could be bigger i think as people simply will not buy houses and certainly will not be reckless when buying them as in the last few years. Any one for the 90 percent drop which happened in japan in the 90's?

Why has our food shopping bill increase by i would say 30 percent or so? This includes goods such as rice and products from asia as well as tescos.
We have not changed our tastes if anything cut back and the money we have to spend is up 30 percent.

We don't all eat the goverments standard food basket which will be the most obscure items if any thing like the retail inflation items.

Most people this year will be glad to keep their jobs and i doubt many will actually get 3.7 percent increase.

The increases are not just down to global issues, the mismanagment of the british ecomony both by British banks the goverment and the people with stupid credit and risk takings have affected sterling and liquidty.
The live for today forget tomorrow idea has umm got to the nasty part.

I presume from the 1997 to 2007 figures i presume your talking about grodon browns short term sort out the british ecomony.
what did that include selling 3g rights and selling gold reserves off when they were at one of the lowest prices in recent history. then the luck of the huge amounts of cheap labour which swept ino the country which is all now moving on and taking its money with it. leaving us with a huge underclass of british potential workers who can't or will not work for the low rates and poor condtions offered by many employers.
Im glad the estimates of growth both gord and mr campbells are so postive shame we are unlikely to meet them and have to increase borrowing.
Which as the present and the future will shown is as buggered as it was with the tories.

The labour party is asking for loans its taken to be defer is it by 10 years as they are asically broke. Good to see they manage them selves so well.

Statsics mean bugger all we can twist them all any way we like we all know that.