Archive for January 22nd, 2008

DiPonio ponders the economy for a moment before returning to I.T. Tuesday, January 22nd, 2008

A bit off topic for me however…

The above is what the FTSE100 has done in the last month in the UK. I know very little about the stock market. However I do understand graphs. This is bad yes? Biggest day loses since 9/11.

A lot of visitors to this site are from other countries. Let me share some real world data about living in the UK.

What things cost:

1 Litre of Milk: .79pence (it was recently found supermarkets colluded to fix the price of milk.)

Link: http://news.bbc.co.uk/1/hi/business/7004054.stm

1 Litre of Unleaded Fuel: £1.03

15% This was the price increase announced by British Gas last week (they supply Gas and Electricity).

Bank of England Interest Rates in 2007:

Q1-2007:5.22% / Q2-2007:5.40% / Q3-2007:5.74% Q4-2007:5.69%

House Prices are falling(21/01/2008): http://news.bbc.co.uk/1/hi/business/7199162.stm 

TAX: January is pay your tax time in the UK for the self employed people like myself. Depending on what you earn you have to give the government between 26%-40% of your profits/earning.

Conclusion

I was thinking of a new British tourism tag line

Britain: Great unless you want to Eat, Drive and Stay Warm.

Please feel free to have a moan about your country in the comments.

Normal tech blogging will resume tomorrow.