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.

Gonna be big? I don't think I've stepped into a takeaway in about two years. Everything online on Just Eat, Uber Eats or Delieveroo - they have all the smaller locals and yesterday I even got bread, milk, coffee from the local shop delievered as I was busy with meetings.

Used it for a wine run when we've run out a few times as well.

 

1 hour ago, tomski said:

Incredibly it’s huge. I work with Deliveroo and the numbers would astound you. Massive business. Lazy commerce is gonna be big.

Radcliffe McDonald’s is like a taxi rank at times and you struggle to get in the door on busy days due to Uber drivers 

2 hours ago, radcliffe white said:

Radcliffe McDonald’s is like a taxi rank at times and you struggle to get in the door on busy days due to Uber drivers 

I personally couldn’t think of anything worse than McDonald’s delivered at home but that said I wouldn’t of dreamed of having any delivered takeaway 10 year ago 

On 04/07/2022 at 12:52, Spider said:

Speaking of McDonalds, went in one in Manchester for a McPiss last week.

It was about midday

Queued up for a brew, and on the screen that tells you when your order is ready I noticed a load of weird order numbers.

Turned out these were for delivery drivers - when I looked round there were about 8 or 9 blokes all waiting with them hot food flask bags. The amount of bone-idle cunts ordering McDonalds at barely midday on a Wednesday is unreal. NOt only that, but they're happy to pay a delivery cost on top.

Crisis my arse.

went in the one in stockport on the way back from the NIN gig couple of weeks ago

Monday night, midnight

took me about 30 mins from order to get food due to all the ubers

don't bother going in subway for lunch anymore, they do deliveroos, but not taken on the staff to cope with the orders, probably because they can't fit many more people in there limited production line space

28 minutes ago, tomski said:

I personally couldn’t think of anything worse than McDonald’s delivered at home but that said I wouldn’t of dreamed of having any delivered takeaway 10 year ago 

Also food orders was read out and left on counter and 10 mins later driver tips up, McDonald’s isn’t piping hot to start off with 

A poster off here once had beans on toast delivered from a cafe across the road from where he lived.

2 minutes ago, DazBob said:

A poster off here once had beans on toast delivered from a cafe across the road from where he lived.

go on Who 

Spill the BEANS 

3 minutes ago, little whitt said:

go on Who 

Spill the BEANS 

I couldn't possibly spill the BEans.

Edited July 6, 20223 yr by DazBob

52 minutes ago, DazBob said:

A poster off here once had beans on toast delivered from a cafe across the road from where he lived.

That's absolutely fantastic

Some folk are living in the dark ages round here. Going out for food is so 2015....

1 hour ago, Spider said:

That's absolutely fantastic

Cost just shy of a fiver too iirc

£5 for beans on toast. 

Beans. On. Toast.

58 minutes ago, DazBob said:

Cost just shy of a fiver too iirc

£5 for beans on toast. 

Beans. On. Toast.

But delivered to your door.

Its a brave new world

4 hours ago, Spider said:

But delivered to your door.

Its a brave new world

It's bad. 

But it's not mushy peas on Christmas Dinner bad. 

Mushy. Fucking. Peas 

Listening to a business fella in Japan on sky news yesterday he said Inflation in Japan is 2% and said partly due to Japan’s president ability to act quickly and get policy pushed through that helps reduce inflation, I’m no expert but could a temporary cut in fuel duty and and VAT help in reducing every day living costs and help reduce inflation, yes there is another added cost to the government but it would help ease the current situation. 

1 hour ago, Mounts Kipper said:

Listening to a business fella in Japan on sky news yesterday he said Inflation in Japan is 2% and said partly due to Japan’s president ability to act quickly and get policy pushed through that helps reduce inflation, I’m no expert but could a temporary cut in fuel duty and and VAT help in reducing every day living costs and help reduce inflation, yes there is another added cost to the government but it would help ease the current situation. 

One of the blokes who’s running to replace Boris has made his mantra sorting the economy out despite er him running the economy. Based on that I would say no our guys won’t sort it any time soon.

1 hour ago, Mounts Kipper said:

Listening to a business fella in Japan on sky news yesterday he said Inflation in Japan is 2% and said partly due to Japan’s president ability to act quickly and get policy pushed through that helps reduce inflation, I’m no expert but could a temporary cut in fuel duty and and VAT help in reducing every day living costs and help reduce inflation, yes there is another added cost to the government but it would help ease the current situation. 

Not sure there's anyone about Downing Street to make those decisions mate.

Doubt Bojo will be doing much next few months either 

13 hours ago, Mounts Kipper said:

Listening to a business fella in Japan on sky news yesterday he said Inflation in Japan is 2% and said partly due to Japan’s president ability to act quickly and get policy pushed through that helps reduce inflation, I’m no expert but could a temporary cut in fuel duty and and VAT help in reducing every day living costs and help reduce inflation, yes there is another added cost to the government but it would help ease the current situation. 

https://www.reuters.com/markets/asia/japans-may-consumer-inflation-tops-boj-target-2nd-straight-month-2022-06-23/#:~:text=It stayed above the BOJ's,the same pace in April

Not all is perfect, even there.

Difficult balancing act for every money man in every country. Cutting taxes, but not reducing tax take, paying national debt but not stifling growth.

Seems to me Sunak's natural instinct is to keep debt as low as possible and reduce spending. Obviously, they got in on a manifesto of loosening the purse strings, so there is a grinding of opposing gears there.

Difficult waters, for whoever gets the gig, to navigate. 

6 minutes ago, Tonge moor green jacket said:

https://www.reuters.com/markets/asia/japans-may-consumer-inflation-tops-boj-target-2nd-straight-month-2022-06-23/#:~:text=It stayed above the BOJ's,the same pace in April

Not all is perfect, even there.

Difficult balancing act for every money man in every country. Cutting taxes, but not reducing tax take, paying national debt but not stifling growth.

Seems to me Sunak's natural instinct is to keep debt as low as possible and reduce spending. Obviously, they got in on a manifesto of loosening the purse strings, so there is a grinding of opposing gears there.

Difficult waters, for whoever gets the gig, to navigate. 

Interesting BOJ keeping monetary policy lose until signs of improvement in the economy, we seem to be doing the opposite, and increasing interest rates and taxes. They’re at 2% inflation, don’t know how they are achieving that, but we should be looking if we can replicate what the Japanese are doing. 

Edited July 9, 20223 yr by Mounts Kipper

9 minutes ago, Mounts Kipper said:

Interesting BOJ keeping monetary policy lose until signs of improvement in the economy, we seem to be doing the opposite, and increasing interest rates and taxes. They’re at 2% inflation, don’t know how they are achieving that, but we should be looking if we can replicate what the Japanese are doing. 

Replicate the japs?

By shooting a recent leader?

Seems a bit extreme but you may be on to something.

9 hours ago, Mounts Kipper said:

Interesting BOJ keeping monetary policy lose until signs of improvement in the economy, we seem to be doing the opposite, and increasing interest rates and taxes. They’re at 2% inflation, don’t know how they are achieving that, but we should be looking if we can replicate what the Japanese are doing. 

 

9 hours ago, Mounts Kipper said:

Interesting BOJ keeping monetary policy lose until signs of improvement in the economy, we seem to be doing the opposite, and increasing interest rates and taxes. They’re at 2% inflation, don’t know how they are achieving that, but we should be looking if we can replicate what the Japanese are doing. 

Interest rates arguably should have been increased earlier. They're used to control inflation, and importantly, as America have put there's up a bit more, it strengthened the dollar against the pound, and as oil is sold in dollars, it has pushed the price of it up a bit more here.

I don't understand the details of Japan's economy, and there are huge differences in culture which will impact how respective governments work, so it probably makes more sense to look at America and Europe for similar economies.

As I said before, ours had promised to sort out social care in the manifesto, which involves a lot of money, and hence a tax rise (NI). 

Could have gone back on that of course, but we all know the reaction that would have had. "A return to austerity".

 

10 hours ago, Tonge moor green jacket said:

 

Interest rates arguably should have been increased earlier. They're used to control inflation, and importantly, as America have put there's up a bit more, it strengthened the dollar against the pound, and as oil is sold in dollars, it has pushed the price of it up a bit more here.

I don't understand the details of Japan's economy, and there are huge differences in culture which will impact how respective governments work, so it probably makes more sense to look at America and Europe for similar economies.

As I said before, ours had promised to sort out social care in the manifesto, which involves a lot of money, and hence a tax rise (NI). 

Could have gone back on that of course, but we all know the reaction that would have had. "A return to austerity".

 

Putting up interest rates I don’t think is going to help control this inflation, but it does seem to strengthen currency and we need a stronger pound.

This situation is all about fuel, shipping costs and printing to much money. 
 

I don’t know what the answer is, just hope the war ends, and cost of fuel and food head south sharpish, other wise looks like a world wide recession is on its way. 

Going to be interesting with the new Tory leader. Although we elect a party based on the manifesto. I think they all will basically ignore the manifesto and treat this as a new start. 
 

TBF making the rights on the economy has to be more important that the manifesto IMO. 

House prices

According to an American friend of mine, they’re on the brink of a collapse over there. Already seeing prices being reduced by 15-20% 

Tends to follow here.

Sell now. Rent for a bit. Buy.

17 minutes ago, Spider said:

House prices

According to an American friend of mine, they’re on the brink of a collapse over there. Already seeing prices being reduced by 15-20% 

Tends to follow here.

Sell now. Rent for a bit. Buy.

Take it that's what you're doing then, aye?