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JohnC

Do we have inflation?

Following on from the letter I got from RBS last week to tell me my bank charges were increasing by 600%, I have had two letters today: one from BT telling my the cost of broadband is going up 3/mth and one from our IT support people putting prices up nearly 8%.

Some of my tax and accounting software prices have increased by at least 5% over the past few months and our photocopier click prices increased by 6%.

Have we finally reached the point where prices are on an upward slope or is it just me that's getting bent over?
gonnabuildabuggy

Re: Do we have inflation?

JohnC wrote:
Following on from the letter I got from RBS last week to tell me my bank charges were increasing by 600%, I have had two letters today: one from BT telling my the cost of broadband is going up 3/mth and one from our IT support people putting prices up nearly 8%.

Some of my tax and accounting software prices have increased by at least 5% over the past few months and our photocopier click prices increased by 6%.

Have we finally reached the point where prices are on an upward slope or is it just me that's getting bent over?


Just you? No increase in bank charges here, BT prices have gone up marginally though and my warehousing due to increase in Minimum wage. The laterI understand, the rest is just profiteering I reckon.
Tim

I think RBS in particular are having a laugh at your expense.
The letter I got from them at work suggests our costs are going to rise by just under 10%.

Our annual renewal from the FCA fell by 18.5%


At home I get annoyed when we get a generic marketing letter from BT advising us how much we could save as a new customer.
We already are customers arseholes. Why not give us a loyalty discount as a thank you
DetmoldDick

Tim wrote:

At home I get annoyed when we get a generic marketing letter from BT advising us how much we could save as a new customer.
We already are customers arseholes. Why not give us a loyalty discount as a thank you


I once received junk mail, or it may have been in the paper, saying that new customers with my bank would get 50 credited to their account. I phoned them up to say I wished to cancel my account. When they asked why I told them I watnted to be a new customer for the 50. They actually credited my account the 50  
simonp

I cancelled my BT TV package because of their price increases. It's more principle than can't afford and I told them as much. You can add as much as you like to your account online, but try and remove anything and you have to phone them up and wait in a fucking queue. Anyway, the BT box was nothing but a Freeview box that recorded once that happened, so it went in the bin at the weekend. Then they sent us a letter telling us about their excellent BT TV and asking us to sign up. A pissing week after I'd told them where to shove their telly package!
gooner

I'm fed up with BT keep putting up prices. I'd rather have lower prices and not have them pay for Ryan Reynolds and Alec Baldwin to appear in their tv adverts!
simonp

And pay billions out for European footy that I don't wanna watch!
PG

Inflation as measured by the CPI on that famous "basket of goods" is low. In the real world it has never been as low as the CPI and never went away.

Statistics and lies. The same numbers presented in different ways....
gooner

simonp wrote:
And pay billions out for European footy that I don't wanna watch!


Well I wouldn't mind watching it but now they've poached it from ITV I can't unless I pay more money to BT and get their broadband. Bastards!
JohnC

gooner wrote:
simonp wrote:
And pay billions out for European footy that I don't wanna watch!


Well I wouldn't mind watching it but now they've poached it from ITV I can't unless I pay more money to BT and get their broadband. Bastards!


And what they don't tell you is that the BT TV Box has to be hard wired to the router if you want BT Sport. It isn't wireless. In our house the router is connected at one corner and our main TV is at the diagonally opposite end so hard wiring the two is a major ball ache and frankly not one I can be bothered getting involved with.

As for my bank charges, the Chief Executive has asked one of his minions to review my case to see why the charges have increased so much (I can tell them that - electronic payments and lodgements used to be free but they are now charging 16p per transaction) - they will get back to me.

In the meantime Bank of Scotland have confirmed that they do not charge for electronic transactions and have no plans to do so - not sure I believe the last bit!
Tim

JohnC wrote:

As for my bank charges, the Chief Executive has asked one of his minions to review my case to see why the charges have increased so much (I can tell them that - electronic payments and lodgements used to be free but they are now charging 16p per transaction) - they will get back to me.


RBS have always charged us at work for electronic payments - 40p a time.
Immediate payments (i.e. what are known as 'faster' payments) are 3.50 each.
They did reduce the monthly service fee by 8 last September though.
JohnC

Tim wrote:
JohnC wrote:

As for my bank charges, the Chief Executive has asked one of his minions to review my case to see why the charges have increased so much (I can tell them that - electronic payments and lodgements used to be free but they are now charging 16p per transaction) - they will get back to me.


RBS have always charged us at work for electronic payments - 40p a time.
Immediate payments (i.e. what are known as 'faster' payments) are 3.50 each.
They did reduce the monthly service fee by 8 last September though.


I think the charges are related to turnover. They are free at Bank of Scotland for turnover up to 1m and I think that was also the limit at RBS.
Electronic faster payments that I instigate have always been free too and it is only when I lodge cheques, use cheques or ask the bank to carry out a transaction that I get charged. My account used to carry a minimum charge per month and I normally pay about double that. I have worked hard at getting everything electronic to minimise costs. I accept I get a service and I accept that I have to pay for it but asking for 7 times the amount I currently pay is just taking it too far.

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