Inflation cuts tax cuts … economic melt down my foot
Some of us are in fact benefiting in the short term and some of us have sadly lost out big time , but in any event shops are starting to offer price reductions like never before - so now is the time to get that Plasma TV or other expensive item - there are early new years sale type deals and on the Paymecashback.com plan (where cashback rates are still great) you can pick up a real bargain without waiting til the new year
The Good News
In the high street and online prices on goods are going down thanks to lower prices on imported petrol
Prices will also go down due to the massive cuts in Bank of England base rates (not seen like it before)
The Bad News - For Some (Hopefully the few):
Those most affected are the ones who have lost our homes (only a v. small percentage) , and those of us who have large investments (including personal pensions)
House prices going down and down many of us are seeing negative equity and the demotivating situtation of keeping up payments . Only likely to be a problem if you have taken a mortgage within the last few years
Job losses - unemployment has started to climb , but there are still many jobs to be filled - but will need reskilling , Job Centre Plus is the place to go if you find yourself in this predicament - and did you know they have a web site - so you don’t even have to turn up at the job centre these days to search for jobs!
A Brighter Future
Predictions of the slow down of the economy lasting 1-2 years means it is a mere blimp , and with the pre budget report expected to be helping the lower paid workers with tax cuts it could be a good time for some of us
Whatever happens the global events that are unfolding in the investment markets are unprecented and keep the newspapers full
Whether you are benefiting or having a hard time from the situtation there has never been a better time to join Paymecashback.com , join today get £
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