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Rising cost of Brexit leaves UK households with less cash for treats

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    Rising cost of Brexit leaves UK households with less cash for treats

    Oh dear!

    "When asked about the outlook for their disposable income, almost a third (31%) of people saw themselves having less money in 12 months’ time once all household bills and essentials are paid."

    https://www.theguardian.com/business...e-import-costs

    #2
    "why ride a vespa when you can push a lambretta?"

    As I look ahead, I am filled with foreboding; like the Roman, I seem to see "the River Tiber foaming with much blood."

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      #3
      295

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        #4
        Originally posted by AtW View Post
        Rising cost of Brexit leaves UK households with less cash for treats
        As long as you can afford the essentials, life is good....

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          #5
          Originally posted by AtW View Post
          Oh dear!

          "When asked about the outlook for their disposable income, almost a third (31%) of people saw themselves having less money in 12 months’ time once all household bills and essentials are paid."

          https://www.theguardian.com/business...e-import-costs
          On what basis do they see themselves being poorer?
          Down with racism. Long live miscegenation!

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            #6
            Originally posted by NotAllThere View Post
            On what basis do they see themselves being poorer?
            Probably the basis that the reporter thought it would make good journalism e.g. not a shred of evidence.

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              #7
              Originally posted by NotAllThere View Post
              On what basis do they see themselves being poorer?
              It starts in March mate. Prices spin the shops are going to jump by 10-15% minimum on imported goods. Forget all this crap about absorbing prices, shops like to keep a profit margin. For most non food goods we work on a 2.4 multiple.

              So a dining table and chairs for example may cost a retailer at 250 exc vat, will mark it for 600 or 599 to make the customer thinks it's a bargain. If the cost to the retailer say goes to 300' then you're up to 720. Yes the profit increases, but the margin stays the same.

              You're all fooked come March.
              What happens in General, stays in General.
              You know what they say about assumptions!

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                #8
                Only if you buy stuff.
                "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                - Voltaire/Benjamin Franklin/Anne Frank...

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                  #9
                  Originally posted by cojak View Post
                  Only if you buy stuff.
                  You still eating dust then?
                  What happens in General, stays in General.
                  You know what they say about assumptions!

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                    #10
                    Nothing to do with Brexit and everything to do with the gap between rich and poor getting wider.

                    The JAMs may think Brexit will make things better. But its meet the new boss - same as the old boss.

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