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Inflation dips to 3.1% in September -really

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Replies: 60
By:
1st time poster
When: 20 Oct 21 16:30
johnson/sunak now want pension providers to bet their schemes [ our money ] on his green revolution to help find the winners and losers amongst all the shoite
By:
dustybin
When: 20 Oct 21 16:33
They've been pushing savers onto the stockmarket for years forcing risk into the equation
By:
Cider
When: 20 Oct 21 16:35
Impossible to state without research, sparrow. I can conformably live on £500 pcm.
By:
sparrow
When: 20 Oct 21 16:40
I doubt 500 per month is enough for most people.
By:
1st time poster
When: 20 Oct 21 16:44
2 grand  for peace of mind and the months you dont need 2 grand stays in the pot for unexpected bills
but my dad does call me a non participator in life,
surely cider means 500 a week not a month, 500 a month doesnt leave much if anything after food bills
By:
Cider
When: 20 Oct 21 16:46
As you'll probably know 1st timer, I shop at Ocado, so hardly pauper stuff and it will be around £120 pcm for me. Obviously it fluctuates with the household stuff like dishwasher caps that you don't need to buy every month, but aren't cheap.
By:
Cider
When: 20 Oct 21 16:51
I should note I'm not trying to save money either. ie I buy in whatever I want, and get it at the lowest cost possible. Nearly always branded stuff, or m&s.
By:
know all
When: 21 Oct 21 09:30
Why retired couples will be £700 worse off next year: Rising energy and food prices mean pensioners will face extra costs of at least £22 a week, experts say

Inflation figures mean the state mention will rise by 3.1 per cent, handing pensioners an extra £4.25 a week. But rising energy and food costs mean pensioners face extra costs of £22 a week



as pointed out above the reson is to completly fiddle the figures to keep the pension payments down, its corrupt and fraud
as they have got rid of a lot of old uns to keep the payments down looks like lockdown again and of course we are not getting the booster jab yet i wonder why, the goverment old uns cull a burdon on society that cost goverments billions
By:
dustybin
When: 21 Oct 21 10:13
Why are you not getting the booster yet?
My parents have.

It is the very cynical side of me but it did look an awful lot like an old person cull….and given the state of social care and the inevitable backlash politically of fixing it properly you might draw that conclusion.
I noted there are family members taking the government to court over it, it would be one of the biggest scandals ever for the government to have been found to have done something like that…so I can’t see anyone wanting to find them guilty.
By:
dave1357
When: 21 Oct 21 10:46
as pointed out above the reson is to completly fiddle the figures to keep the pension payments down, its corrupt and fraud

more bollocks.

Whether CPI is the appropriate measure for assessing the increased living costs of pensioners is a valid debate, but it will have been calculated correctly.
By:
Vubiant
When: 21 Oct 21 13:04
All I know is that 'official' inflation figures never reflect my lived consuming experience.I give the same level of trust to inflation figures as I do to police crime statistics - i.e. zero.
By:
Cider
When: 21 Oct 21 13:10
It can never truly reflect an individuals personal inflation rate. Obviously.

Some thing do go down in price too, but nobody notices that so much. For example my car insurance is almost half what it was.

Lots of things that consume energy are much more efficient than they used to be.

Yes, much of it comes from slave labour but many things have come down in price due to internet shopping, ebay/amazon etc.

My mobile contract costs me £5 pcm, when it used to cost £40.

My broadband and phone line costs have also diminished.
By:
dustybin
When: 21 Oct 21 13:37
Inflation might be going up, but it will go up even more since wage inflation outstrips even the price passed on for products

Its a strange time where people seemingly have come to the conclusion careers arnt as important as life and family

It will only end when peopl go skint
By:
DIE LINKE
When: 22 Oct 21 12:00
Don't know any early to mid-boomers (relatives and neighbours) who are struggling. Mortgages paid off decades ago, six figures in the bank, eat like mice, never venture far from their homes, no subscriptions whatsoever, still claiming DLA and carers allowance, etc.
By:
sparrow
When: 22 Oct 21 12:55
Die Linke obviously lives in a very upmarket area if those mentioned are so well off.
By:
DIE LINKE
When: 22 Oct 21 13:05
Not upmarket at all. All are working class pensioners, males ex-manual workers. Clearly life is cheaper in the frozen north, but for the reasons given they are well off.
By:
sparrow
When: 22 Oct 21 13:09
These pensioners probably also contributed for many years to a pension scheme as well as paying 15%+ for their mortgages.
By:
sparrow
When: 22 Oct 21 13:10
* 15%+ interest on their mortgages.
By:
1st time poster
When: 22 Oct 21 14:33
pensions/retirement are only a let down if your soppy enough to believe /buy in to those adverts from 20/30 yrs ago of the grey haired bloke with the pastel pink sweather tied around his shoulders preening along some  sunshine spot promenade
most people have the sense to work out you cant expect pension incomes to provide a lifestyle what you had to work 7 days a week/overtime etc for 50 years
By:
sparrow
When: 22 Oct 21 14:40
Die Linke has stated that these pensioners are well off so nothing to do with being sold a dodgy pension deal.
By:
know all
When: 23 Oct 21 13:58
nearly all goverment stats are false the goverments broadcaster the bbc what boll----s they shout you cant belive a word of it, we are going into lockdown again thats odds on, if you have a private pension coming up dont take the annunity its really a insurance policy guessing when you die , die early they make more, later they make less, go for a sipp with draw down and when you die you can leave the full pot to who you want, i was conned pensions wise prudential the worst as you find out later in life
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