Anyone felt the pinch yet?

Notice a good proportion of my hotels are quiet this week. But with the jubilee round the corner and pride the week after maybe folk are simply saving their trips for that.

Cant help but feel the media are driving a lot of it. They seem hell bent on us heading into a recession. Making people panic and stop spending.

They should be telling everyone its all gravy.

Only area Ive felt it is diesel. £154 to fill my van the other day. That's taking the piss.

Centrica operating profits for the last six months rose to £1.34bn from £262m. Good news for all of us with decent pension pots but not sure how it is helping with the cost of living. 

1 hour ago, Nowack said:

Centrica operating profits for the last six months rose to £1.34bn from £262m. Good news for all of us with decent pension pots but not sure how it is helping with the cost of living. 

So if they usually make around a quarter billion profit per half year but now make over a billion more why are our gas & leccy bills so high? They are taking the piss.

1 hour ago, Winchester White said:

So if they usually make around a quarter billion profit per half year but now make over a billion more why are our gas & leccy bills so high? They are taking the piss.

Profits not people.

It's where we're at boys and girls.

 

If you see Sid, tell him.

6 hours ago, bolton_blondie said:

...fingered by many a cretin... 

Isn't that a positive for Little Lever?

Nowt wrong with a macdonalds. Just like any takeaway, have too many and they won't do you any good.

Folk don't moan about entrail laden crap that are hot dogs and burgers often supplied in burger vans, or elephant leg meat supplied to late night kebab demanding piss heads, but happy to have a pop at these lot.

If folk don't like them, don't eat them.

 

Lloyds bank profits boosted by increase interest rate margins.

Centrica already mentioned.

Usual suspects get richer whilst normal working folk are struggling. 

how much would it cost for the 

GOV to buy British Gas 

and supply the British Public 

2 hours ago, Traf said:

Isn't that a positive for Little Lever?

Mandatory

1 hour ago, little whitt said:

how much would it cost for the 

GOV to buy British Gas 

and supply the British Public 

Fuck all wiv the right law broat inn

3 hours ago, Traf said:

Isn't that a positive for Little Lever?

Im top of the scoreboard at the moment. 

17 hours ago, Tonge moor green jacket said:

Nowt wrong with a macdonalds. Just like any takeaway, have too many and they won't do you any good.

Folk don't moan about entrail laden crap that are hot dogs and burgers often supplied in burger vans, or elephant leg meat supplied to late night kebab demanding piss heads, but happy to have a pop at these lot.

If folk don't like them, don't eat them.

 

Correct

Also, if they say they are 100% beef, then I'm sure they are, because sure as fuck a corporation like that would soon be pulled up on it if they weren't. It's probably just really shit cheap beef, the actual patties are thin as fuck as well . Couple that with the fact that they probably, due to folk always gassing on about making food "healthy" they put minimal salt and have pretty much zero fat content as well. A burger you make at home will have far more fat content in it, and that's why it tastes better.

Still, one of the benefits of living in this country, as things stand, is that you're not forced to eat in places where you don't like the food. As TMGJ says, if you don't like them, don't eat there.

I'm no massive fan of McDonalds, but it's amazing that folk on here will slag them off, yet rave about a bowl of gruel  lobby as though it's fine dining

Edited July 29, 20223 yr by Sweep

Maccies are able to do the burgers so cheaply as they sell fucking millions of the bastards.

The same patty that's on the cheap hamburger/cheeseburger is the same as on the Big Mac, the quarter pounder patty is on (unsurprisingly) the Quarter Pounder and most of the special burgers. So it keeps things simple.

2 hours ago, bolton_blondie said:

Im top of the scoreboard at the moment. 

Well done x

Indeed Frank. Industrially made no doubt, and ecomies of scale.

I think they taste decent too, or I wouldn't bother.

Interesting figures from centrica- they are worldwide figures, not just UK, so they have obviously done well all over. 

Does make you wonder if their profit margin has gone up though as the market price of gas has increased. 

trickle trickle trickle

I think McDonalds is shit.

But quite like KFC. 
 

 

10 hours ago, Tonge moor green jacket said:

Indeed Frank. Industrially made no doubt, and ecomies of scale.

I think they taste decent too, or I wouldn't bother.

Interesting figures from centrica- they are worldwide figures, not just UK, so they have obviously done well all over. 

Does make you wonder if their profit margin has gone up though as the market price of gas has increased. 

I'm sure I read it wasn't profit made on the UK domestic market..

 

12 hours ago, frank_spencer said:

Maccies are able to do the burgers so cheaply as they sell fucking millions of the bastards.

The same patty that's on the cheap hamburger/cheeseburger is the same as on the Big Mac, the quarter pounder patty is on (unsurprisingly) the Quarter Pounder and most of the special burgers. So it keeps things simple.

The thin burgers serve 2 purposes,  its less meat so cheaper,  but also only take about 50 seconds to cook. They do about 8/9 burgers at a time on special grills.

 

1 hour ago, only1swanny said:

I'm sure I read it wasn't profit made on the UK domestic market..

 

I think it comes from the production of energy which they sell to British Gas, among others, which then they sell to us and makes a smaller profit of just under 100m. 

18 hours ago, Ani said:

Lloyds bank profits boosted by increase interest rate margins.

Centrica already mentioned.

Usual suspects get richer whilst normal working folk are struggling. 

These companies, especially Centrica have made significant losses over recent years so why when the market turns shouldn’t they make a decent profit? Their plans are to reinvest that profit into new technologies like wind, solar and nuclear as well as restoring our Rough gas storage facility in the North Sea. They have also restored a small dividend which will help investors and the pension fund you’re probably in so why has everything got to be a negative because companies make a profit? Tell me you don’t use Social Media or the likes of Amazon who make far more profit than the likes of Centrica and Lloyds but I don’t hear you moaning about that.

16 minutes ago, Whitesince63 said:

These companies, especially Centrica have made significant losses over recent years so why when the market turns shouldn’t they make a decent profit? Their plans are to reinvest that profit into new technologies like wind, solar and nuclear as well as restoring our Rough gas storage facility in the North Sea. They have also restored a small dividend which will help investors and the pension fund you’re probably in so why has everything got to be a negative because companies make a profit? Tell me you don’t use Social Media or the likes of Amazon who make far more profit than the likes of Centrica and Lloyds but I don’t hear you moaning about that.

51 minutes ago, Whitesince63 said:

These companies, especially Centrica have made significant losses over recent years so why when the market turns shouldn’t they make a decent profit? Their plans are to reinvest that profit into new technologies like wind, solar and nuclear as well as restoring our Rough gas storage facility in the North Sea. They have also restored a small dividend which will help investors and the pension fund you’re probably in so why has everything got to be a negative because companies make a profit? Tell me you don’t use Social Media or the likes of Amazon who make far more profit than the likes of Centrica and Lloyds but I don’t hear you moaning about that.

Have Amazon announced results this week? 
 

I posted previously about the big companies profits increasing , not sure really what your point is. Mine is the big companies are continuing to make significant profits whereas the news is all about how tough times are. We have rampant inflation but company after company are reporting earnings ahead of plan, does that not seem unfair ? 
 

You pick social media companies out and I would be delighted if they were also expected to contribute more. 

1 hour ago, Whitesince63 said:

These companies, especially Centrica have made significant losses over recent years so why when the market turns shouldn’t they make a decent profit? Their plans are to reinvest that profit into new technologies like wind, solar and nuclear as well as restoring our Rough gas storage facility in the North Sea. They have also restored a small dividend which will help investors and the pension fund you’re probably in so why has everything got to be a negative because companies make a profit? Tell me you don’t use Social Media or the likes of Amazon who make far more profit than the likes of Centrica and Lloyds but I don’t hear you moaning about that.

Centrica has been horrendously run for years, that's why the profits and therefore dividends paid were poor to non existent. The same senior management group who managed to get the share price down from well north of £2 to less than 30p over a couple of years are now boasting of record profits. Go figure 

1 hour ago, Whitesince63 said:

These companies, especially Centrica have made significant losses over recent years so why when the market turns shouldn’t they make a decent profit? Their plans are to reinvest that profit into new technologies like wind, solar and nuclear as well as restoring our Rough gas storage facility in the North Sea. They have also restored a small dividend which will help investors and the pension fund you’re probably in so why has everything got to be a negative because companies make a profit? Tell me you don’t use Social Media or the likes of Amazon who make far more profit than the likes of Centrica and Lloyds but I don’t hear you moaning about that.

The point is that many of these companies have increased their profits significantly throughout the pandemic... Tough times ahead this winter, It will be very tight for me & I'm one of the lucky ones. Folk will be making choices that nobody in 21st century Britain should be making. Many already are. Yet the big energy companies will continue to make huge profits. Just in the news yesterday that British Gas are making huge profits off this crisis. Struggling to see why you think that's a fair situation? Because they might invest in offshore wind or solar? Whilst millions can't heat their homes.

Profit should trickle down to us all & I'm yet to see any evidence that it is. Rather the opposite. Happy to be proven wrong though.

And yes Facebook & Amazon are just as bad. Thanks for pointing that out 👍

Edited July 29, 20223 yr by London Wanderer