28/02/2018 Mount Pleasant Bulletin

[clashcityrocker]

how do you know bills go up and down just like inflation

Punctuation helps.
Off the top of my head I don't remember the last time inflation was negative.
Some bills will increase far more than the headline inflation rate.
The expected rise in interest rates will hit a lot of people with mortgages very hard.
The continued weakness of sterling will push up the prices of imported goods, especially food.

A wage "rise" that is below the headline rate of inflation is effectively a cut in your standard of living.

[daveyeff]

the 31 quid will though

I don't know if you know what inflation is but basically it means that although i will have an extra £31 to pay the bills, the bills themselves will have increased by more than £31 thus leaving me and you worse off.

so you reckon you will be paying an increase of more than £124 a month on your bills.

[daveyeff]

that aside, the bank of England agents who interviewed the 700 companies.....of those 700 ( I'm sure there's thousands more though) how many of those are on more money than us I wonder? there will be plenty who aren't and plenty who are one a lot less. so the 2.5/3.5% payrises they receive will STILL be less than the money we receive, so its a moot point really.

[clashcityrocker]

the 31 quid will though

I don't know if you know what inflation is but basically it means that although i will have an extra £31 to pay the bills, the bills themselves will have increased by more than £31 thus leaving me and you worse off.

so you reckon you will be paying an increase of more than £124 a month on your bills.

At last you appear to be getting to grips with inflation.
Increased council tax, increased housing costs, increased travel costs, increased food bills, more expensive clothes etc.
Your extra £120/month (which we aren't getting until 2019 remember) isn't going to go very far.

[daveyeff]

i know what it is clash, I just don't think it will rise enough to cancel out our 31 quid....we'll see.

[yellowbelly]

the 31 quid will though

I don't know if you know what inflation is but basically it means that although i will have an extra £31 to pay the bills, the bills themselves will have increased by more than £31 thus leaving me and you worse off.

so you reckon you will be paying an increase of more than £124 a month on your bills.

At last you appear to be getting to grips with inflation.
Increased council tax, increased housing costs, increased travel costs, increased food bills, more expensive clothes etc.
Your extra £120/month (which we aren't getting until 2019 remember) isn't going to go very far.

Also £120 is before deductions surely? - you've got to take off tax, NI etc before it hits your bank account.