Well since all this started i have not noticed much diffrence even the petrol has not bothered me to much . I do think itb all depends on how much debt people carry i was brought up not to have debt and pay for and have what you can afford and save. All has served me well over the last year i suggest the rest get there act together and live with in there means.

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There is no way that this can be right, my income tax has doubled on the same amount, the extra allowance did not compensate this at all. Working this out on a monthly basis I am £12 a week worse off. It is the lower salaried workers are the ones that have been hit as usual.
The reduction of VAT did make a difference for a couple of weeks until the supermarkets hiked their price to cancel it out.

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Fixed rate mortgage for me – one day I ‘hope’ interest rates will rise and at least I will see some benefit from this dogy decision!!!
VAT reduction – As Colin U says – made a difference for a few days until everyone used it to make price hikes no-one would notice.
No pay rise this year at all, so no, in my terms I am no better off at all. Gas & electric prices haven’t come down to any significant degree despite the reduction in the wholesale price….

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Well, whether we are or not, better off, let’s thank our lucky star’s and make hay while the sun shines because in the next few months we will wonder what hit us. VAT returning to 17.5% in January and then National Insurance to rise which will make a sizeable difference.
But, given that, the pip’s won’t start to squeak until after the election which will possibly be in May 2010 so we shouldn’t be to bad. Because before then, to make this Government look good before the election, we will live on massive amounts of borrowed money which they will make us repay after they hope to get in again.
Whichever party get’s in, mid next year, we will all be wondering what hit us after 12 years of living on “tick”.

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