The Budget thread
will save me 60p per tank!
23 March 2011, 02:55 PM
#35
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Nice typo 
Agree though. Giving first time buyers more money to spend just keeps house prices inflated. Looked at as a subsidy to the construction industry makes more sense so long as the first time buyers are buying new.
Agree though. Giving first time buyers more money to spend just keeps house prices inflated. Looked at as a subsidy to the construction industry makes more sense so long as the first time buyers are buying new.
23 March 2011, 02:57 PM
#36
Drop by 1p a litre, increase of 4p a litre next year
Yeah, they're really listening
Another issue.
When they lowered VAT by 2.5%, didn't they increase duty by 2.5% to compensate?
Question then - when the rotten b@stards raised vat back by 2.5%, did they reduce the 2.5% duty?
23 March 2011, 03:11 PM
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23 March 2011, 03:14 PM
#40
Right
Planned 4p per litre rise due in April to be delayed to 2012
23 March 2011, 03:21 PM
#41
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Swings and roundabouts anyone?
Sod it, anyone want to buy my scoob, i'm going to ride my wife to work.
23 March 2011, 03:27 PM
#42
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Australia did the same thing with first time buyers and it just helped promote a housing bubble.
Of course the cynic in me says that is what the government want...or at least wants to keep the tail end of this bubble inflated and the low interest rates is in league with that aim.
If you think about it, then it's outrageous that the government is using tax money to pay for the investments of private citizens. It's a disgrace....huge government overreach.
23 March 2011, 03:51 PM
#43
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Have you seen how much profit (excluding BP for obvious reasons) they have made in the last 12 months? The price of their product has gone up way more than it costs them to produce.
23 March 2011, 04:07 PM
#44
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it is the same process as bailing out the banks with tax payer money though
23 March 2011, 04:08 PM
#45
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Why all the help for first time buyers? What about the other people who had no choice but to pay the going rate for their properties and are now in negitive equity and can't move? All this does is to get more people into the same situation where they actually own less! 
Last edited by Gear Head; 23 March 2011 at 04:11 PM.
23 March 2011, 04:25 PM
#48
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I have just bought a property yes. But as I will be here for a good ten years at least (bought as our first family home with room to expand) , I don't really care what happens with house prices.
Friends bought their propery 4 years ago at the height of the boom and are now stuck, even though they must be on £70k between them.
Then again, I suppose they didn't 'have' to get a £20k loan for their wedding!
Friends bought their propery 4 years ago at the height of the boom and are now stuck, even though they must be on £70k between them.
Then again, I suppose they didn't 'have' to get a £20k loan for their wedding!
Last edited by Gear Head; 23 March 2011 at 04:26 PM.
23 March 2011, 04:32 PM
#51
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That wasnt directed at you Chris by the way, It just squeezes my nips when people bang on about not being able to upgrade their house when others are now having considerable more difficulty purchasing their first compared to 'X' amount of years ago.
I still rent with my wife, we're still saving for a deposit, but have decided to carry on saving for another 5-10 years to get the best first house we can in that time with as small a mortgage as possible.
I still rent with my wife, we're still saving for a deposit, but have decided to carry on saving for another 5-10 years to get the best first house we can in that time with as small a mortgage as possible.
23 March 2011, 04:34 PM
#52
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Fuel duty escalator axed for the rest of this parliament. Anything to try and look good!!!
When they came into power, the avarage UK petrol price were 121.5 ppl. Since then it has gone up to UK avarage of 132.9 ppl. And they go and knock off only 1 ppl!
When they came into power, the avarage UK petrol price were 121.5 ppl. Since then it has gone up to UK avarage of 132.9 ppl. And they go and knock off only 1 ppl!
23 March 2011, 04:48 PM
#53
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Labour had a 5p rise planned for April as mentioned in his report
1p was totally unexpected and better than a kick in the teeth, so credit to them
Last edited by LEO-RS; 23 March 2011 at 04:49 PM.
23 March 2011, 04:52 PM
#54
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That wasnt directed at you Chris by the way, It just squeezes my nips when people bang on about not being able to upgrade their house when others are now having considerable more difficulty purchasing their first compared to 'X' amount of years ago.
I still rent with my wife, we're still saving for a deposit, but have decided to carry on saving for another 5-10 years to get the best first house we can in that time with as small a mortgage as possible.
I still rent with my wife, we're still saving for a deposit, but have decided to carry on saving for another 5-10 years to get the best first house we can in that time with as small a mortgage as possible.
At least now we are now on the ladder. Wasn't the best deposit in the world but we didn't think 20% and a mortgage around 3 times our combined annual income,w as too bad. Time will tell I suppose.
I did have to give up my scooby though but never mind. I'll wait until I get my mid-life crisis to go down that road again.
23 March 2011, 07:05 PM
#57
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What about the other amazing deal of the council tax being frozen?
Made to sound like its a massive deal yet they forgot to mention the services you are getting for that money have been cut massively.
Made to sound like its a massive deal yet they forgot to mention the services you are getting for that money have been cut massively.
23 March 2011, 07:36 PM
#60
Not necessarily. The extra tax is on north sea oil extraction so the companies won't have as much scope to increase prices because they still have to compete with oil production from other parts of the world.