My dad was in telecoms loved to travel/work around the world which is how I experienced living in Tehran and some of the shop streets there are very similar to Leicester it's a bit like an Arab version of the China towns in London.
To be honest I appreciate the ethnic diversity,this country would be very boring if everywhere was the same .I used to go for day trips to Leicester for a change and visit relatives in Market Harborough on way back.
I think it's actually cheaper to have an all inclusive in Spain first couple of weeks in December than normal living costs in uk.All pensioner comments by myself and armani are tongue in cheek I'm sure.
They already get 200 pound fuel subsidy and free buses don't want to spoil them too much ;)
Could always confiscate their passports I guess or pay state pension in club card /nectar points :|
I think the majority of lower income earners haven't got mortgages so interest rate changes won't affect them.I don't think any of the posters here are near minimum wage so there are no prejudicial policy making suggestions lol.
All in my humble opinion happy to discuss:
Interest rates now too low to be an effective tool so only way to increase consumer demand:
1) incentivise companies to give more employers full time contracts with tax incentives rather than zero hour.
2) whack up the minimum hourly wage to living wage
3) money saved from benefits on 2) used to increase state pensions to get over 65s spending more as well.
Don't think there's any doubt about the big 4 still being around .All in profit I think ,they just need to replace rubbish bogofs with more half price deals.Must confess enjoyed popping into aldi when in Yorkshire great value German ham and own brand fruit pastilles.Tesco would be a great acquisition for a sovereign fund.
Read somewhere all of Norway oil profits go in a sovereign fund worth 485 billion enough to make every citizen a millionaire.!
http://www.bbc.co.uk/news/world-europe-24049876
I copied the previous posters spelling lol.
Usually there's some consistency with dividend cuts if the interim dropped by a % then finals usually dropped by the same proportion.
I think analysts are thinking on the same lines as mentioned in below link:
http://www.telegraph.co.uk/finance/markets/marketreport/11062386/Telegraph-Markets-Webchat-LIVE.html
Note the 200p forecast from questor who took the same contrarian approach when this was 330p.