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Deltâ
18 Oct 12 08:12
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Date Joined: 12 Mar 02
| Topic/replies: 62,895 | Blogger: Deltâ's blog
highest number of people ever now in work...

FTSE100 will be breaking the magical 6000 barrier any day soon

Inflation dropped to 2.2%

Tattersalls yearling sale  - record breaking

talking everything down aint working


well done dave

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Replies: 57
By:
hardestgame
When: 18 Oct 12 08:20
the rich have never been in recession and never will
By:
Deltâ
When: 18 Oct 12 08:24
Lampus sayed


Thank You
By:
TheJudge
When: 18 Oct 12 08:56
just checked my bank account

still in recession here
By:
wee eck
When: 18 Oct 12 12:28
One good will come out of this, it will be a long time before  an old etonian

will be the leader of a British government again.
By:
salmon spray
When: 18 Oct 12 12:35
Delta = George Osborne.
By:
wee eck
When: 18 Oct 12 12:37
salmon any working man on average wages voting Tory imo is bonkers.
By:
Pinza
When: 18 Oct 12 14:16
You're right about the shares going up.
Can only improve economy and spending power - and confidence.
Just have to get out of Europe, or certainly most of their stringent measures and excessive laws.
By:
The game is bent.
When: 18 Oct 12 14:18
house for sale 14 months on market was 595k  now 480k ,had more viewings at 595k ,,,,,,,,,,reccision over LaughLaugh
By:
howard
When: 18 Oct 12 14:20
Its a cheap day out for people viewing houses
By:
salmon spray
When: 18 Oct 12 14:21
Be fair. you can't really expect £595k for a two up two down in Grimethorpe.
By:
Pinza
When: 18 Oct 12 14:25
Over maybe, but not out of the woods yet.
It;s never going to jump back to those prices overnight - all takes time.

Bird Lover 6.30 Kemp might help.
Daughter of Bird Over who broke maiden win on AW over 7f and then rattled up 4 wins in row
First run on AW today for Bird Lover
By:
Slicer
When: 18 Oct 12 14:27
I am sure that my many friends in the UK are delighted to hear it. My friends include lawyers, accountants and various other professions and businesses who have never known it so bad!

Still if they keep saying things are getting better enough times, people may start to believe it in spite of their own experiences!
By:
dustybin
When: 18 Oct 12 14:30
more jobs since all part timers
By:
Slicer
When: 18 Oct 12 14:36
Part time jobs, unpaid interships, training fior no wages-anything to get them off the jobless lists.
Take a look on the employment agency websites how many applicants for each job! Easier to back a 50/1 winner than getting one of them there jobs!
By:
wee eck
When: 18 Oct 12 14:42
Getting a job even in London if you are unskilled = at best minimum wages.
By:
grey shark
When: 18 Oct 12 15:15
wee eck 18 Oct 12 12:28 
One good will come out of this, it will be a long time before  an old etonian

will be the leader of a British government again.


Yes let's bring back Brown and Blair and have another 15 years of piling up the debt and more boom and bust policies ....
By:
wee eck
When: 18 Oct 12 15:22
SHARK, AYEGrin
By:
grey shark
When: 18 Oct 12 15:22
Wink
By:
Slicer
When: 18 Oct 12 15:31
Wait until Israel strikes at Iran. Petrol prices through the roof, gold reaching £4.000 an ounce.
Britain will then realise what recession really means!
By:
wee eck
When: 18 Oct 12 15:39
Slicer ayeGrin
By:
sean rua
When: 18 Oct 12 16:08
And don't forget spuds: potatoes dearer than ever ( for non-political reasons) but the knock-on effect on poor people will be huge.
£10 a bag already the case in places.

Fuel prices sky high and due to rise. House prices falling, yet still way beyond the reach of at least two thirds of the population aged under thirty.

Council tax due to be hiked yet again, even though many already struggle with current rates.
By:
Deltâ
When: 18 Oct 12 16:13
council tax frozen and spuds only now getting back to the price they were 5 years back...
By:
hello :-)
When: 18 Oct 12 16:24
Yes well done dave , sorted out the mess and back on track
By:
wee eck
When: 18 Oct 12 16:39
hello, Dave is a pr.ick with a very large d.ick
By:
barrycool
When: 18 Oct 12 16:53
paper rounds and big issue sellers account for rise of people in 'work'
By:
twopoundpunter
When: 19 Oct 12 01:41
Rising rents have prompted a record 12,000 tenants who are struggling with arrears to contact a debt advice charity this year.

The Money Advice Trust (MAT) said the number of calls it had dealt with about rental arrears between January and August was the biggest in the 26-year history of its National Debtline and around double the number it received during the same period in 2007.

The share of its clients who have fallen back with their rent is also increasing, and stands at nearly one in 10, compared with 8% last year and 6% five years ago.

For the first time, people who rent their home now account for more than half of the total calls that the National Debtline receives, meaning tenants are also becoming mired in a broader range of debt problems, MAT said.

The charity warned of a "dangerous spiral", with tenants sinking further into debt as increased demand in the sector pushes their rents up even higher.

The rental sector has become overheated as people struggle to get on the property ladder, either because they cannot raise the 20% deposit often demanded by lenders or meet their toughened borrowing criteria.

A report by the Yorkshire Building Society found that would-be first-time buyers face spending more than eight years saving for a typical deposit of £26,000. As more people remain in the rental market for longer, the increase in demand means that rents are pushed up further and tenants face an even tougher time meeting their payments.

Rents rose for five months in a row to reach a new high in August of £734 on average a month, according to a recent study by LSL Property Services, which owns chains Your Move and Reeds Rains.
By:
bf_fananatic
When: 19 Oct 12 02:03
Tattersalls yearling sale  - record breaking

Cant recall economists being trained to watch Tattersalls to see if soup kitchens or wine bistos will reach capacity?
By:
bf_fananatic
When: 19 Oct 12 02:06
sounds just a tad optimistic and possbly a little flirting with numbers to start popping champayne cors all over the joint just at the minute as I know millions are still feeling a might pinch!
By:
bf_fananatic
When: 19 Oct 12 02:08
Polititans may heve great spin doctors but the main pateint, the economy has been thrown out with the laundry on many an electeds watch!
By:
moondan
When: 19 Oct 12 04:43
Unemployment down, crime down?????? a national health service that is being allowed to become a world health service by those who have enough money to have an alternative should they or their children need a bed.
The british deserve what they get.
By:
Deltâ
When: 25 Oct 12 13:18
see - told ya


The UK economy emerged from recession in the three months from July to September, helped by the Olympic Games.

The economy grew by 1.0%, according to official gross domestic product figures (GDP), which measure the value of everything produced in the country.





Financial advice freely given for free, tar!
By:
TRD.Racing
When: 25 Oct 12 13:24
As far as I know we do not have The Olympics in the next 3 months.

This country is totally and utterly fecked.
By:
Deltâ
When: 25 Oct 12 13:25
I remember back in early 2011 TRD, when you used to be positive!
By:
PeterThePainter
When: 25 Oct 12 13:27
We are well and truly on  the road to recovery

That has to be great news

its made my day
By:
swift-tuttle
When: 25 Oct 12 13:27
hmmm might start going down the wine aisle at the supermarket again
By:
salmon spray
When: 25 Oct 12 13:29
Delta's George Osborne impression is perfect imo.
By:
sofiakenny
When: 25 Oct 12 13:38
Delta is a really good egg..with a well developed sense of humour.
By:
Deltâ
When: 25 Oct 12 13:44
swift-t

25% off at Sainsbury all wines - 6 min buy - currently - bargain!
By:
judorick
When: 25 Oct 12 13:45
it's far too early to be sure of anything

Firstly, the announced figure is an estimate and there are margins of error to be taken into account and the figure could be revised

Secondly, the previous quarter was held down by the extra bank holiday meaning that it was easier for the 3rd quarter to rebound

Thirdly, GDP in the last 12 months is completely flat so we need to see several quarters of growth to be sure of the trend from here and in particular growth in construction which fell 2.5% in this quarter alone

Fourthly, 80% of the cuts have yet to be introduced and IMF recently changed the calculation they use to determine the effect of government spending on GDP. In effect, for every pound the govt spends the real effect is 2.5 times higher than initially thought (this is called the multiplier effect) so cutting spending now can be seen to have a much greater effect on GDP growth. The autumn statement and the spending review are going to be crucial

So, although the GDP growth figure announced is certainly welcome it is far too soon to say that things are going to get much better soon. The longer term trend is for pretty flat growth with effectively zero growth in 2012 and as little as 0.5% in 2013. Inflation is expected to rise in the coming months due to fuel price increases and pressure on food and commodity prices too. The drop in inflation recently announced can be put down to fuel price hikes from 12 months ago dropping out of the calculation

Hold on to your hats, it's still a bumpy road ahead especially with cuts still to come
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