Trumpo weeps along with builders, bakers and candle stick makers.

I’m looking for something positive to put into todays blog ?

I have been asking many of my business friends how they are doing. Some seek comfort from the fact that we are all in it together; and the general consensus is that it’s going to get worse before it gets better!

I did speak to one gent who is bucking the trend – a Car Dealer – “best six months in 25 years”. Trumpo is over the moon that somebody is positive. He goes on to say “great cars are cheap as chips, and people are not willing to spend big bucks on finance anymore – where somebody used to spend 30K to look the business, they will now spend 10k on a car a couple of years older and put it on a private plate.”

Britain cutting its cloth, or unavailable finance deals?

Trumpo suggests it’s a bit of both, the new car dealers must be crying all the way to the job centres. People just don’t have the disposable income, and now need economy over desire for excess. People are now clearly categorised as Mr & Mrs Pimark or Mr & Mrs Prada.

On a more positive note for the grey brigade, interest rates are set to rise – yippee.

Am I losing the plot completely? Are family finances not already at breaking point? What will happen with further rises?

I can only think that the Monetary Policy Commitee are not in the real world and think that the UK is dominated by cash rich savers – not a nation with £1.4 trillion worth of borrowings, that’s currently struggling to be paid for at the current interest rates.

How on earth can there even be talk of raising interest rates, just because of a broken economic policy regarding mickey mouse inflation figures. What a complete and utter load of *******

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