Xela Posted December 15, 2023 Share Posted December 15, 2023 1 hour ago, ender4 said: Whereas I went to some nice bars in Bham Central last weekend and every place was packed and everyone was spending £100’s on drinking as much as possible until 3am. Brum is heaving at the moment, which is good to see, but also a pain when you can't get a table! 1 Link to comment Share on other sites More sharing options...
turvontour Posted December 16, 2023 Share Posted December 16, 2023 15 hours ago, ender4 said: Is this gas, electricity or oil prices? Gas and power although gas has a couple of forwards in triple digits. All fuels are weak right now. Scepticism around demand at high prices is really evident. Link to comment Share on other sites More sharing options...
turvontour Posted December 16, 2023 Share Posted December 16, 2023 15 hours ago, ender4 said: Is this gas, electricity or oil prices? I think in any other phase of time, oil goes to 120 on the Israel story, but it didn't have the belief to go through 100 on the weak demand feel. Same as energy. Link to comment Share on other sites More sharing options...
sidcow Posted December 16, 2023 VT Supporter Share Posted December 16, 2023 19 hours ago, bickster said: I went out last night, to a pub in the city centre and was paying £4:05 a pint for a hand pulled pale ale. It is still possible to drink in a city centre pub and come home with change from £25 And it’s a decent pub too. Always 9 hand pulled beers usually from fairly local small indie breweries plus it’s usually the full range from light to dark and a cider Its just a pub, no food, you just have to know about it because it’s in a back street. I'll bet most large cities have similar because we've got a fair few dotted about I've always said that ultimately all pubs that close are basically shit pubs. They can be shit for different reasons but shit nevertheless. Good pubs do well. I also don't understand why pub operators can't see this. Good example is Edmunds on Edmund Street in Brum. Operated very successfully for years under the same owners. They flog it to a new group buy it, presumably because it was a successful and profitable venture. Then of course instead of carrying on with the successful formula they change the place which gradually runs down until closure. Just why change it all? Why did you want to buy it? 1 Link to comment Share on other sites More sharing options...
Genie Posted December 18, 2023 Share Posted December 18, 2023 As well as the half price electricity on Sundays British Gas have also been doing peak save offers where you get a reward for using less energy between set times (usually 5-6pm in the week). I would opt in to them all despite the fact I didn’t have much scope to reduce consumption. The total energy save for the last period was £0.95, but the bonus for posting a save was £20. Not bad. Link to comment Share on other sites More sharing options...
Genie Posted December 20, 2023 Share Posted December 20, 2023 (edited) Inflation reduces to 3.9% in November. Edited December 20, 2023 by Genie Link to comment Share on other sites More sharing options...
sidcow Posted December 20, 2023 VT Supporter Share Posted December 20, 2023 1 hour ago, Genie said: Inflation reduces to 3.9% in November. Rishi strikes again 2 Link to comment Share on other sites More sharing options...
Genie Posted December 20, 2023 Share Posted December 20, 2023 1 minute ago, sidcow said: Rishi strikes again If anything, he’s done too well. Link to comment Share on other sites More sharing options...
chrisp65 Posted December 20, 2023 Share Posted December 20, 2023 Fair play, he’s put his laces right through it. 1 Link to comment Share on other sites More sharing options...
ender4 Posted December 20, 2023 Share Posted December 20, 2023 7 hours ago, Genie said: Inflation reduces to 3.9% in November. That's good. I wonder if it'll end up swinging the other way and going below the 2% target? Or will Bank of England start to reduce interest rates as soon as it gets under 3%. Link to comment Share on other sites More sharing options...
Genie Posted December 20, 2023 Share Posted December 20, 2023 1 minute ago, ender4 said: That's good. I wonder if it'll end up swinging the other way and going below the 2% target? Or will Bank of England start to reduce interest rates as soon as it gets under 3%. By the sounds of it the BoE will start to reduce interests relatively soon (second half of ‘24). I suspect the sluggish flatlining economy will become more of a priority next year. Link to comment Share on other sites More sharing options...
foreveryoung Posted December 20, 2023 Share Posted December 20, 2023 Amazing what cheaper fuel costs does, should be 10p litre cheaper now though. Link to comment Share on other sites More sharing options...
Genie Posted December 20, 2023 Share Posted December 20, 2023 My mortgage is up for renewal Feb 2026, with a bit of luck I might catch the downward trajectory of the interest rates (although I doubt I’ll get anything close to 1.39% again) Link to comment Share on other sites More sharing options...
mottaloo Posted December 20, 2023 Share Posted December 20, 2023 (edited) 20 minutes ago, Genie said: My mortgage is up for renewal Feb 2026, with a bit of luck I might catch the downward trajectory of the interest rates (although I doubt I’ll get anything close to 1.39% again) Mine is up in May next year Dave. Has been 1.54% for last 3 years and i have been looking around....cheapest I can get is 5 year fixed (4.8%) at an increase of £70 pcm which is obviously preferable to nationwide standard fee reversion (7.9%) with an increase of £270 if i do nothing. Thatcher's Britain Edited December 20, 2023 by mottaloo Link to comment Share on other sites More sharing options...
Genie Posted December 20, 2023 Share Posted December 20, 2023 11 minutes ago, mottaloo said: Mine is up in May next year Dave. Has been 1.54% for last 3 years and i have been looking around....cheapest I can get is 5 year fixed (4.8%) at an increase of £70 pcm which is obviously preferable to nationwide standard fee reversion with an increase of £270 if i do nothing. Thatcher's Britain I guess over 3 years your take home pay will have increased by more than £70 a month so it’s still a decent deal. I’d take that if it were me! On current market rates mine will be a couple of hundred a month more (but to be fair my current deal is exceptionally cheap). 1 Link to comment Share on other sites More sharing options...
turvontour Posted December 21, 2023 Share Posted December 21, 2023 Starting to see talk of energy bill falls now. I should think so too, day ahead power today is at its second lowest price since 2020. Way before any supposed energy crisis. 1 Link to comment Share on other sites More sharing options...
ender4 Posted December 21, 2023 Share Posted December 21, 2023 1 hour ago, turvontour said: Starting to see talk of energy bill falls now. I should think so too, day ahead power today is at its second lowest price since 2020. Way before any supposed energy crisis. I wonder if natural gas prices can maintain this level or if its just a freak few days or weeks? It's basically at the 5 year average before Covid & Ukraine. But priced in $, so the UK will still pay a bit more as our currency isn't as strong as it used to be. Link to comment Share on other sites More sharing options...
Genie Posted January 9 Share Posted January 9 Barclays and Santander have joined Halifax in cutting their mortgage interest rates. Great news for borrowers. All are taking around about 0.8/0.9% off their “deals” ahead of expected cuts in the BoE base rate during 2024. Link to comment Share on other sites More sharing options...
sidcow Posted January 11 VT Supporter Share Posted January 11 Went to The Ivy in Birmingham for lunch today. It was absolutely rammed. Random Thursday lunchtime a couple of weeks after Christmas. 2 Link to comment Share on other sites More sharing options...
Xela Posted January 11 Share Posted January 11 27 minutes ago, sidcow said: Went to The Ivy in Birmingham for lunch today. It was absolutely rammed. Random Thursday lunchtime a couple of weeks after Christmas. 1 Link to comment Share on other sites More sharing options...
Recommended Posts