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Pound gaining on the Euro - V slowly

 Poster: A snowHead
Poster: A snowHead
rayscoops wrote:
Would parity with the Euro be such a bad thing ? ski holidays excluded wink


Yes. If you want to fly "anywhere". The majority of aviation charge are made (to the airline) in $'s and €'s eg. fuel, leasebacks, etc, so the low value of the £ will affect other forms of air travel, not just ski holidays
IMO the pound is really worth about 1.4 Euros (not taking into consideration the wheeze of just printing more when you're skint) and the sooner it gets back to where it should be the safer your holidays (summer and winter) and other flights will be

Edited as it was pointed out (correctly) that my 1st post attempt was gibberish


Last edited by Poster: A snowHead on Wed 30-09-09 9:21; edited 1 time in total
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Wayne, 'parity with Euros' and you mention fuel and aviation prices in dollars Puzzled excluding holdays and you talk about flying Puzzled

you really asnwered the question there mate wink but good rant though Laughing
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
Wayne wrote:


The pound is really worth about 1.4 Euros (not taking into consideration ....


Well it's a good thing someone knows the ineffable truth. Not taking into consideration pesky reality intruding on the show.
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Nah 1:1 is good enough for me. makes my salary look better Smile and good for UK exports.
More importantly, why in this age of a single european currency do i still have a wallet full of 3 currencies?
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Quote:

my Tax Fonciere arrived this morning, another bloody grand

you must have something rather special to be paying that much!
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Wayne, Would you care to explain that in clear & concise english. Cause what you've written there is gibberish.
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Then you can post your own questions or snow reports...
pam w wrote:
Quote:

my Tax Fonciere arrived this morning, another bloody grand
you must have something rather special to be paying that much!

and the Taxe d' Habitation will be on the doormat soon for payment by December 20th Toofy Grin
I guess, "another bloody grand" for you....
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After all it is free Go on u know u want to!
frank4short,
Yeah you're right. I changed it.
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Wayne, Right that makes considerably more sense than the previous post. However you're still ignoring rayscoops, question following my previous post which was Would parity with the Euro be such a bad thing? ski holidays excluded

Basically what you said in your post is that travel will cost more cause most international travel mechanisms are paid for in hard currencies specifically dollars & to a lesser extent euros. This will compound the cost increase of your holidays on top of the currency conversion issues.

That particular statement is entirely at odds with what Rayscoops was asking which is would it be a good thing for the UK? Not will my holidays cost more.
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How is inflation in the UK? When I look at any imported goods... TVs, Computers etc they seem to be following the Euro these days. That is a TV I can buy for 500 euros in France will be 450 quid, whereas it would have been 350 quid a couple of years ago. Or am I missing something?
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davidof, both GBP and Eurozone are technically in deflation I think (Eurozone slightly more maybe). Saying that, IT gear and TVs etc. are a continual deflationary market anyway, so is probably not the best thing to compare.
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 And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
davidof wrote:
How is inflation in the UK? When I look at any imported goods... TVs, Computers etc they seem to be following the Euro these days. That is a TV I can buy for 500 euros in France will be 450 quid, whereas it would have been 350 quid a couple of years ago. Or am I missing something?


Yes, you are missing looking in sensible places for the prices. Smile

Seriously, general inflation in the UK has been under 3% for quite a few years now. And taking your specific example, the prices of TV sets are still generally falling. What you will get for £450 now will be a considerably better TV than you would have got for £450 2-3 years ago. It certainly won't be anything like the one you would have got for £350 then (the equivalent of which would now probably be around the £300 mark).
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So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
frank4short wrote:
Wayne, Right that makes considerably more sense than the previous post. However you're still ignoring rayscoops, question following my previous post which was Would parity with the Euro be such a bad thing? ski holidays excluded


From my own Thatcheresk point of view, yes it would.
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 You know it makes sense.
You know it makes sense.
pam w, Boredsurfing,

Commune: 364
Inter communalite 13
Department 168
Region 48
Taxes Odures 267
Frais de gestationde la fiscalite direct locale: 69

Total €929 So...yes I admit - a "grand" is a 9% exaggeration. Still considerably more than I want or like tho'.


Its 56 m2 - hardly a palace (but does us).
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
JimW, My 90sq is considerably cheaper than yours ...... Toofy Grin wink
eg. Commune 195
Dept. 84
odures 103
Taxe d' habitation is around the same total. ie about half your foncieres Very Happy
But true to say 600metres lower.
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 Poster: A snowHead
Poster: A snowHead
Boredsurfing, it must be them boogers down in Bourg ripping me off!
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
JimW, absolutely.
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
We seem to get away lightly - 260 in all. We are one of eight apartments in what MGM laughingly call a "chalet". Our place is a lot smaller though. I think our inside is 40 sq metres, the terrace makes it 45. Boredsurfing, does altitude come into the equation on taxe d'habitation? We are 1550m. Our taxe d'habitation is only a little less than the fonciere - considerably more if you include the TV licence.
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pam w, our foncieres is more expensive than yours for a smaller space, although we do also have a small garden, which probably increases it a bit. We benefited from a reduction for the first three years, but that has now ended. I wonder if the age of the property matters? Perhaps newer ones pay a higher rate, as they were valued more recently.
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We are in the vieux village which apparently does make a difference. But I thought mainly in the Commune section.
I have 'heard' that taxes increase with altitude Very Happy
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Bit of a rally going on, trying to break through the 1.11 barrier. 1.30 would be nicer. Toofy Grin
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Then you can post your own questions or snow reports...
Sarko grumbling this morning about the Euro being overvalued - Keep up the good work! If Merkel would kindly chime in and publicly agree my winter could rapidly become a lot cheaper.

As long as Merv King keeps quiet rolling eyes hasn't he heard people are trying to ski?
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Go Sarko.
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The idiot Brown or Darling is bound to say something stupid in the next 24 hours Sad
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Cunners, Merv seems to have helped, maybe he is a skier Toofy Grin
http://online.wsj.com/article/BT-CO-20091021-703846.html
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thefatcontroller, As previously stated while the BoE continues it's policy of quantitive easing all rallies will be just that temporary rallies. So unless comething majorly shifts in the UK economy in the next 2-4 months don't expect any movement on where the pound is now except downwards.

Also whilst it may actually cost you all more to go on holidays a reduced value pound is actually a good thing for the UK as an exporting nation trying to regain it's stead at the moment.
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 And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
frank4short wrote:
thefatcontroller, As previously stated while the BoE continues it's policy of quantitive easing all rallies will be just that temporary rallies...


Good thing then that the BoE announced today that they have called an end to quantitative easing. Cool

http://news.bbc.co.uk/1/hi/business/8317879.stm
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
Merv King gets balls...!!! things must be really bad

But I think the money markets want to hear someone admit the patient has a problem and there is a plan in place
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 You know it makes sense.
You know it makes sense.
Yesterdays improvement may be this news story
Quote:

The dollar hit a two-week high against the euro after deteriorating consumer confidence increased the appeal of the dollar as a safe haven for investors. The pound also strengthened against the euro to as much as 90.30 pence per euro yesterday evening. – (Additional reporting: Bloomberg/Reuters)


and this
Quote:
Year-on-year lending falls for first time in euro zone
Loans to the private sector fell 0.3 per cent year-on-year, the European Central Bank (ECB) said yesterday. This was the first fall since data was first collected in 1991

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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
Euro over 1.11 to the pound now.... Toofy Grin
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 Poster: A snowHead
Poster: A snowHead
the Pound is nearly half a percent up against the Euro today so far, so is the UD $ too
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Obviously A snowHead isn't a real person
still gaining on the euro too.... 1.11249 now snowHead
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
aldoyle, more centimes for my pennies tomorrow.
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ooh, now 1.120 (89p) slowly , steadily, Toofy Grin
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Bother - there was me thinking I'd done well buying our season passes at 1.093 last week ...
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mfj197 wrote:
Bother - there was me thinking I'd done well buying our season passes at 1.093 last week ...


My applications are being handed in at the office in the morning. At this rate it might be a better exchange rate than last years.
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How long to hang on is the question. Our season ticket application needs to be with SATA in ADH by 16th November, may give it another week!?
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Indeed SAP (LaPlagne) have a deadline of Dec 1st so it's a gamble Confused
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I have to have it there today to get my free summer lift pass. However it won't be processed for a couple of weeks or so.
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Looks like 1.13 today Very Happy Cue some bad trade figures or similar no doubt Confused
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