Rising cost of Brexit leaves UK households with less cash for treats

[GB9]

Bless AtW for he is worried about his btl empire.

I bought a load of stuff just before Xmas and was amazed how cheap everything was.

Still, good story.

[cojak]

You still eating dust then?

Food isn't stuff. Lidl won't be bankrupting me for a while yet...

[GB9]

Food isn't stuff. Lidl won't be bankrupting me for a while yet...

Interesting that the euro owned chains seem to have managed to keep their food prices the same or lower. The UK companies have dropped their prices on many products.

[TestMangler]

Imported goods WILL rise in price because of the weakness of the pound. That already happened at a wholesale/distribution level before xmas. Still, good old UK manufactured goods should be fine, unless they use commodities traded in dollars to manufacture them. That ignores the fact that nothing is actually made in the UK anyway

[AtW]

On what basis do they see themselves being poorer?

On the basis of having less money in their pockets, by end of January plenty of people on here should feel the sting from higher divi taxes - by having to prepay more on account

[AtW]

Interesting that the euro owned chains seem to have managed to keep their food prices the same or lower. The UK companies have dropped their prices on many products.

It's called hedging

Long hedges can be very expensive - given downside to sterling that would add extra cost even if sterling goes up, which it won't.

Given that we have total muppets in charge I expect to see another 10% next year

[AtW]

Bless AtW for he is worried about his btl empire.

I bought a load of stuff just before Xmas and was amazed how cheap everything was.

Still, good story.

Typical Brexit cretin - does not thing about the very near future and enjoys good weather now - them low Xmas prices, all is peachy!

[GB9]

It's called hedging

Long hedges can be very expensive - given downside to sterling that would add extra cost even if sterling goes up, which it won't.

Given that we have total muppets in charge I expect to see another 10% next year

It's called hedging? WTF are you on about? Do you think you can get away with talking tulipe by trying to use a few semi-technical words that you hope others won't understand?

As I've been trading markets for over 20 years it's easy to identify you are talking absolute bull-tulipe.

Out of all the loser muppets we have on here you probably are the thickest idiot. Even assguru doesn't come close to you.

[GB9]

Typical Brexit cretin - does not thing about the very near future and enjoys good weather now - them low Xmas prices, all is peachy!

I suspect the only person suffering next year will be you as the new BTL regs start to bite.

[AtW]

I suspect the only person suffering next year will be you as the new BTL regs start to bite.

I don't have any BTLs.