Get ready for the fun to begin

**sweetandsour** · 19 January 2010, 10:15

It is a bit of a shame for all those permies whose annual pay rises were sorted out at the end of last year isn't it?

Still, we'll have extra industrial action to look forward to at the end of this year because of it.

**sasguru** · 19 January 2010, 10:22

That is bad news indeed for UK plc. Rates will have to rise to combat inflation just at a point when the economy needs low rates to stimulate recovery.
Caught between a rock and a hard place.

Unless it is the Treasury's strategy to inflate, in order to reduce debt.

**AtW** · 19 January 2010, 10:29

Originally posted by sasguru View Post

Rates will have to rise to combat inflation just at a point when the economy needs low rates to stimulate recovery.

simulate

**HairyArsedBloke** · 19 January 2010, 10:39

What a man. What a leader. Yowza! Happy day's are here again

**rootsnall** · 19 January 2010, 10:45

Originally posted by sasguru View Post

Unless it is the Treasury's strategy to inflate, in order to reduce debt.

That has always been the plan. It's that or bust.

**BoredBloke** · 19 January 2010, 10:45

Originally posted by sasguru View Post

That is bad news indeed for UK plc. Rates will have to rise to combat inflation just at a point when the economy needs low rates to stimulate recovery.
Caught between a rock and a hard place.

Unless it is the Treasury's strategy to inflate, in order to reduce debt.

That will be why the pound is rampaging upwards then! Just in time for timesheet day as usual

**OwlHoot** · 19 January 2010, 10:51

Imagine you're relaxing by the beach, and all of a sudden there seems more beach than usual, and on the sand quite far away a couple of flapping fish ...

**TimberWolf** · 19 January 2010, 12:14

Originally posted by BlackenedBiker View Post

Get ready for the fun to begin

Question is, how to weather the storm. Sterling, Euro's, shares, gold, index linked (to phoney inflation figures) investments... Everything seems overpriced and/or risky.

**BlackenedBiker** · 19 January 2010, 12:36

Originally posted by TimberWolf View Post

Question is, how to weather the storm. Sterling, Euro's, shares, gold, index linked (to phoney inflation figures) investments... Everything seems overpriced and/or risky.

Have you got a mortgage??????

Get ready for the fun to begin