Morrisons to drop petrol prices to 132.9 petrol price wars to begin! £1.33
Petrol prices are to be cut by another 2p a litre as supermarkets battle for customers and the global financial crisis drives down the cost of crude oil.
Morrisons will be making the move from tomorrow, with Asda, Tesco and Sainsbury’s, together with the mainstream suppliers, expected to follow suit.
It means petrol prices will have come down by 7p a litre over the past four weeks – a saving of about 32p a gallon.
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All Comments (152)
Jump to unread Post a CommentWe all just sit back and watch it happen and moan about it and that's it! If this was France they probably would of had a revolution by now because of all this...
Some of the stuff the government does is terrible, if this was a business they would get done for robbery, fraud and handed some jail time!! But this is the government were talking about so its legalised robbery!
Presumably you support the other lot, who spent 13 years screwing our economy into the ground (just like the previous time they were in power - too many people aren't old enough to remember that one) and now you expect this coalition government to sort it out painlessly in two years? You're not a great thinker are you - just a complainer. Government money isn't in limitless supply - don't you think they would court popularity through handouts like the previous lot if the money was there? As a retired person I'm somewhat dependant on interest from savings which is now close to zero but I know who to blame and it's not the people who are trying to sort out the hangover of Labour's thirteen years! Let's watch the same thing happen in France too now the socialists have won the election by promising what they don't have to give.
I remember thirteen years of sustainable growth with no recession, new hospitals, new schools, low interest rates (which by the way is a good thing).How did the value of your house grow in then 13 years?. Then due to the banking crisis which closed down the money markets and put the world into recession our growth dropped off a cliff and our deficit soured, Cameron has spent 2 years blaming the previous government for this whilst doing nothing to kerb the banks activities.
I m a socialist and proud to be one....when i vote, i vote with a social conscience and not with my wallet and when i m a pensioner i hope the tory s are long gone.
LOL, the money markets closed down BECAUSE it wasn't sustainable growth. If I earn £2000 a month and borrow another £1000 a month because the bank is happy to lend until its computer model says "OK, you've had £50,000 now, but it's now starting to get a bit risky", it's not the bank's fault when it stops lending me money after a while.
You can't have a soviet-style economy where the government TELLS the banks to lend either, any more than I can tell you to shop at ASDA rather then Tesco. Ultimately, the market (common sense) decides, although politicians come up with some daft rhetoric for the gullible fools who don't want to face this reality. Die hard fascists, sorry I mean 'socialists' can believe whatever fairy story they like, it won't change anything.
And I say fascists because in the face of human free will (i.e. the market), the socialists always end up FORCING everyone to try to live to their agenda, rather than admit their policies just waste everyone's money.
New hospitals and schools are only a good thing when they're affordable, not triple the cost of what they should be, paid for again out of stolen money taken forcibly from their victims' wages, and lining the pockets the rich financiers and builders, and shell management companies run out of the Caymans, all laughing at the fools paying billions for a few bricks with a roof on.
Any don't get me started on house prices going up being a 'good' thing. All that does is destroy the moral of our young, cause huge debts, marriage break-ups, and line the pockets of the people you claim to blame for the current situation.
And now we get to the stage of re writing recent history.......i think you ll find the money markets closed down due to the toxic trading of sub prime mortgages by the big financial companies mainly in the states, unbelievable trying to blame Labour for that one!......and then we get to "free will" ie the market..........perhaps we should of let the market take it course and not bail out the banks.....let them go to wall if thats what the market dictates........billions of savings lost to the man in the street for something he had no control over.......but hey the market rules so hard luck!..........I agree with you on house prices......but hey thats the market!
We all just sit back and watch it happen and moan about it and that's it! If this was France they probably would of had a revolution by now because of all this...
Some of the stuff the government does is terrible, if this was a business they would get done for robbery, fraud and handed some jail time!! But this is the government were talking about so its legalised robbery!
Presumably you support the other lot, who spent 13 years screwing our economy into the ground (just like the previous time they were in power - too many people aren't old enough to remember that one) and now you expect this coalition government to sort it out painlessly in two years? You're not a great thinker are you - just a complainer. Government money isn't in limitless supply - don't you think they would court popularity through handouts like the previous lot if the money was there? As a retired person I'm somewhat dependant on interest from savings which is now close to zero but I know who to blame and it's not the people who are trying to sort out the hangover of Labour's thirteen years! Let's watch the same thing happen in France too now the socialists have won the election by promising what they don't have to give.
I remember thirteen years of sustainable growth with no recession, new hospitals, new schools, low interest rates (which by the way is a good thing).How did the value of your house grow in then 13 years?. Then due to the banking crisis which closed down the money markets and put the world into recession our growth dropped off a cliff and our deficit soured, Cameron has spent 2 years blaming the previous government for this whilst doing nothing to kerb the banks activities.
I m a socialist and proud to be one....when i vote, i vote with a social conscience and not with my wallet and when i m a pensioner i hope the tory s are long gone.
LOL, the money markets closed down BECAUSE it wasn't sustainable growth. If I earn £2000 a month and borrow another £1000 a month because the bank is happy to lend until its computer model says "OK, you've had £50,000 now, but it's now starting to get a bit risky", it's not the bank's fault when it stops lending me money after a while.
You can't have a soviet-style economy where the government TELLS the banks to lend either, any more than I can tell you to shop at ASDA rather then Tesco. Ultimately, the market (common sense) decides, although politicians come up with some daft rhetoric for the gullible fools who don't want to face this reality. Die hard fascists, sorry I mean 'socialists' can believe whatever fairy story they like, it won't change anything.
And I say fascists because in the face of human free will (i.e. the market), the socialists always end up FORCING everyone to try to live to their agenda, rather than admit their policies just waste everyone's money.
New hospitals and schools are only a good thing when they're affordable, not triple the cost of what they should be, paid for again out of stolen money taken forcibly from their victims' wages, and lining the pockets the rich financiers and builders, and shell management companies run out of the Caymans, all laughing at the fools paying billions for a few bricks with a roof on.
Any don't get me started on house prices going up being a 'good' thing. All that does is destroy the moral of our young, cause huge debts, marriage break-ups, and line the pockets of the people you claim to blame for the current situation.
And now we get to the stage of re writing recent history.......i think you ll find the money markets closed down due to the toxic trading of sub prime mortgages by the big financial companies mainly in the states, unbelievable trying to blame Labour for that one!......and then we get to "free will" ie the market..........perhaps we should of let the market take it course and not bail out the banks.....let them go to wall if thats what the market dictates........billions of savings lost to the man in the street for something he had no control over.......but hey the market rules so hard luck!..........I agree with you on house prices......but hey thats the market!
The global 'crash' simply hastened the inevitable: Labour always spends more than it collects (that's how it bribes the numpties into voting for it) so the unsustainable national debt would have happened in due course anyway. It's also very relevant to point out that Scottish Gordon did nothing to control dangerous behaviour by the banks either. Yes, it's easy to be wise on that one with hindsight but don't we employ politicians and their civil servants to anticipate and act on these things?
Fact remains: Labour always squander our wealth (feels good for a while) and leave it to someone else to be unpopular clearing up the financial mess.
We all just sit back and watch it happen and moan about it and that's it! If this was France they probably would of had a revolution by now because of all this...
Some of the stuff the government does is terrible, if this was a business they would get done for robbery, fraud and handed some jail time!! But this is the government were talking about so its legalised robbery!
Presumably you support the other lot, who spent 13 years screwing our economy into the ground (just like the previous time they were in power - too many people aren't old enough to remember that one) and now you expect this coalition government to sort it out painlessly in two years? You're not a great thinker are you - just a complainer. Government money isn't in limitless supply - don't you think they would court popularity through handouts like the previous lot if the money was there? As a retired person I'm somewhat dependant on interest from savings which is now close to zero but I know who to blame and it's not the people who are trying to sort out the hangover of Labour's thirteen years! Let's watch the same thing happen in France too now the socialists have won the election by promising what they don't have to give.
I remember thirteen years of sustainable growth with no recession, new hospitals, new schools, low interest rates (which by the way is a good thing).How did the value of your house grow in then 13 years?. Then due to the banking crisis which closed down the money markets and put the world into recession our growth dropped off a cliff and our deficit soured, Cameron has spent 2 years blaming the previous government for this whilst doing nothing to kerb the banks activities.
I m a socialist and proud to be one....when i vote, i vote with a social conscience and not with my wallet and when i m a pensioner i hope the tory s are long gone.
LOL, the money markets closed down BECAUSE it wasn't sustainable growth. If I earn £2000 a month and borrow another £1000 a month because the bank is happy to lend until its computer model says "OK, you've had £50,000 now, but it's now starting to get a bit risky", it's not the bank's fault when it stops lending me money after a while.
You can't have a soviet-style economy where the government TELLS the banks to lend either, any more than I can tell you to shop at ASDA rather then Tesco. Ultimately, the market (common sense) decides, although politicians come up with some daft rhetoric for the gullible fools who don't want to face this reality. Die hard fascists, sorry I mean 'socialists' can believe whatever fairy story they like, it won't change anything.
And I say fascists because in the face of human free will (i.e. the market), the socialists always end up FORCING everyone to try to live to their agenda, rather than admit their policies just waste everyone's money.
New hospitals and schools are only a good thing when they're affordable, not triple the cost of what they should be, paid for again out of stolen money taken forcibly from their victims' wages, and lining the pockets the rich financiers and builders, and shell management companies run out of the Caymans, all laughing at the fools paying billions for a few bricks with a roof on.
Any don't get me started on house prices going up being a 'good' thing. All that does is destroy the moral of our young, cause huge debts, marriage break-ups, and line the pockets of the people you claim to blame for the current situation.
And now we get to the stage of re writing recent history.......i think you ll find the money markets closed down due to the toxic trading of sub prime mortgages by the big financial companies mainly in the states, unbelievable trying to blame Labour for that one!......and then we get to "free will" ie the market..........perhaps we should of let the market take it course and not bail out the banks.....let them go to wall if thats what the market dictates........billions of savings lost to the man in the street for something he had no control over.......but hey the market rules so hard luck!..........I agree with you on house prices......but hey thats the market!
Labour were complicit with creating and encouraging the lax regulatory framework that allowed Northern Rock to have a capital ratio of 322%, and other financial institutions to create strategies bound to fail. They created a 'tri-partate' agreement between themselves, the BOE, and the FSA, something which wouldn't be allowed in corporate world (i.e. no-one solely accountable, pass the blame around). Ever heard the phrase 'The buck stops here'?
Well, the buck stopped nowhere and the public were encouraged to take on debt via crazy low interest rates, self-certification, mortgage equity withdrawal, sub-prime and 125% mortgages.
Yes, this was a world-wide phenomenon, which generated short-term profits and short-term taxes. Gordon didn't speak up though, did he? He just joined in, because he wanted to be PM one day, and he wanted to court favour with everyone else who was doing the robbing.
When the UXB eventually did go off, he sounded out the public to see what they would believe, in your words, to rewrite history.
Ambiguous phrases such as 'it started in America' (WHAT started in America???), "It's a worldwide problem" (Erm, not in every country) were used, and naturally the public in this country being rather tribal, self-centred, and basically open to suggestion rather than blaming themselves, got their scapegoat rather than blame their voting habits. I.E. "Blame foreigners".
We all just sit back and watch it happen and moan about it and that's it! If this was France they probably would of had a revolution by now because of all this...
Some of the stuff the government does is terrible, if this was a business they would get done for robbery, fraud and handed some jail time!! But this is the government were talking about so its legalised robbery!
Presumably you support the other lot, who spent 13 years screwing our economy into the ground (just like the previous time they were in power - too many people aren't old enough to remember that one) and now you expect this coalition government to sort it out painlessly in two years? You're not a great thinker are you - just a complainer. Government money isn't in limitless supply - don't you think they would court popularity through handouts like the previous lot if the money was there? As a retired person I'm somewhat dependant on interest from savings which is now close to zero but I know who to blame and it's not the people who are trying to sort out the hangover of Labour's thirteen years! Let's watch the same thing happen in France too now the socialists have won the election by promising what they don't have to give.
I remember thirteen years of sustainable growth with no recession, new hospitals, new schools, low interest rates (which by the way is a good thing).How did the value of your house grow in then 13 years?. Then due to the banking crisis which closed down the money markets and put the world into recession our growth dropped off a cliff and our deficit soured, Cameron has spent 2 years blaming the previous government for this whilst doing nothing to kerb the banks activities.
I m a socialist and proud to be one....when i vote, i vote with a social conscience and not with my wallet and when i m a pensioner i hope the tory s are long gone.
LOL, the money markets closed down BECAUSE it wasn't sustainable growth. If I earn £2000 a month and borrow another £1000 a month because the bank is happy to lend until its computer model says "OK, you've had £50,000 now, but it's now starting to get a bit risky", it's not the bank's fault when it stops lending me money after a while.
You can't have a soviet-style economy where the government TELLS the banks to lend either, any more than I can tell you to shop at ASDA rather then Tesco. Ultimately, the market (common sense) decides, although politicians come up with some daft rhetoric for the gullible fools who don't want to face this reality. Die hard fascists, sorry I mean 'socialists' can believe whatever fairy story they like, it won't change anything.
And I say fascists because in the face of human free will (i.e. the market), the socialists always end up FORCING everyone to try to live to their agenda, rather than admit their policies just waste everyone's money.
New hospitals and schools are only a good thing when they're affordable, not triple the cost of what they should be, paid for again out of stolen money taken forcibly from their victims' wages, and lining the pockets the rich financiers and builders, and shell management companies run out of the Caymans, all laughing at the fools paying billions for a few bricks with a roof on.
Any don't get me started on house prices going up being a 'good' thing. All that does is destroy the moral of our young, cause huge debts, marriage break-ups, and line the pockets of the people you claim to blame for the current situation.
And now we get to the stage of re writing recent history.......i think you ll find the money markets closed down due to the toxic trading of sub prime mortgages by the big financial companies mainly in the states, unbelievable trying to blame Labour for that one!......and then we get to "free will" ie the market..........perhaps we should of let the market take it course and not bail out the banks.....let them go to wall if thats what the market dictates........billions of savings lost to the man in the street for something he had no control over.......but hey the market rules so hard luck!..........I agree with you on house prices......but hey thats the market!
Labour were complicit with creating and encouraging the lax regulatory framework that allowed Northern Rock to have a capital ratio of 322%, and other financial institutions to create strategies bound to fail. They created a 'tri-partate' agreement between themselves, the BOE, and the FSA, something which wouldn't be allowed in corporate world (i.e. no-one solely accountable, pass the blame around). Ever heard the phrase 'The buck stops here'?
Well, the buck stopped nowhere and the public were encouraged to take on debt via crazy low interest rates, self-certification, mortgage equity withdrawal, sub-prime and 125% mortgages.
Yes, this was a world-wide phenomenon, which generated short-term profits and short-term taxes. Gordon didn't speak up though, did he? He just joined in, because he wanted to be PM one day, and he wanted to court favour with everyone else who was doing the robbing.
When the UXB eventually did go off, he sounded out the public to see what they would believe, in your words, to rewrite history.
Ambiguous phrases such as 'it started in America' (WHAT started in America???), "It's a worldwide problem" (Erm, not in every country) were used, and naturally the public in this country being rather tribal, self-centred, and basically open to suggestion rather than blaming themselves, got their scapegoat rather than blame their voting habits. I.E. "Blame foreigners".
Unbelievable view of events thankfully not shared by open minded people.........read the Mail by any chance?
Edited By: mission1664 on May 19, 2012 15:20
If you're really going to be 'open-minded' just look at the facts. For example, if you believe there was no tripartate agreement, good capital ratios at Northern Rock, and no ramping of house prices via self-cert and sub-prime loans, then please post links.
I'm not sure what the Daily Mail has got to do with this. By making reference to them, I can only assume you've run out of actual facts to make a clear argument.
Fact 1. The banking crisis occurred to the repackaging of toxic mortgage's in the states......not one financial expert blames the British Goverment.
Fact 2. Northern Rock did not cause the crisis, it failed as it relied heavily on funding from the wholesale money markets more than other UK banks, a strategy we can all say was floored as we all saw this coming!!
Fact 3. i ll mention RBS as for some reason you have nt , RBS got into trouble not for the same reason as Northern Rock but they aquired billions and billions of toxic mortgage's thru their acquisition of other banks.
Fact 4. The biggest deregulation of the financial sector encouraging free markets and self regulation was in the Thatcher and Reagan years, what they failed to realize then and to some extent now is with little regulation the most basic instinct of
human nature......GREED takes control.
These are facts.................apart from the basic human nature is survival.;)
Oh and even tho you think you know what i think .......Gordon Brown was a terrible prime minister, i can say this because all tho i support labour i have an open mind.
Edited By: mission1664 on May 20, 2012 14:17: mistake
Fact 1. The banking crisis occurred to the repackaging of toxic mortgage's in the states......not one financial expert blames the British Goverment.
Fact 2. Northern Rock did not cause the crisis, it failed as it relied heavily on funding from the wholesale money markets more than other UK banks, a strategy we can all say was floored as we all saw this coming!!
Fact 3. i ll mention RBS as for some reason you have nt , RBS got into trouble not for the same reason as Northern Rock but they aquired billions and billions of toxic mortgage's thru their acquisition of other banks.
Fact 4. The biggest deregulation of the financial sector encouraging free markets and self regulation was in the Thatcher and Reagan years, what they failed to realize then and to some extent now is with little regulation the most basic instinct of
human nature......GREED takes control.
These are facts.................apart from the basic human nature is survival.;)
Oh and even tho you think you know what i think .......Gordon Brown was a terrible prime minister, i can say this because all tho i support labour i have an open mind.
Hoisted by your own petard.
Gordon Brown has finally admitted he made a ‘big mistake’ in failing properly to regulate the banks.
The former prime minister, who has always claimed the recession was mainly the result of global factors, told a conference in the U.S. that Labour should have done much more to rein in the banks before the crisis struck.
Read more: http://www.dailymail.co.uk/news/article-1375577/Gordon-Brown-admits-failed-rein-banks-shake-threatens-1k-branches.html#ixzz1vRpVkLq1
Now I've answered point 1,with your points 2 & 3 are merely symptoms (in other words, 'so what') rather than causes, I can tell you that I don't care about what anyone did in the past, whether or not it was the start of the road that got us here.
I expect the current politicians to stop the rot, not continue what Reagan and Thatcher aspired to.
Fact 1. The banking crisis occurred to the repackaging of toxic mortgage's in the states......not one financial expert blames the British Goverment.
Fact 2. Northern Rock did not cause the crisis, it failed as it relied heavily on funding from the wholesale money markets more than other UK banks, a strategy we can all say was floored as we all saw this coming!!
Fact 3. i ll mention RBS as for some reason you have nt , RBS got into trouble not for the same reason as Northern Rock but they aquired billions and billions of toxic mortgage's thru their acquisition of other banks.
Fact 4. The biggest deregulation of the financial sector encouraging free markets and self regulation was in the Thatcher and Reagan years, what they failed to realize then and to some extent now is with little regulation the most basic instinct of
human nature......GREED takes control.
These are facts.................apart from the basic human nature is survival.;)
Oh and even tho you think you know what i think .......Gordon Brown was a terrible prime minister, i can say this because all tho i support labour i have an open mind.
Hoisted by your own petard.
Gordon Brown has finally admitted he made a ‘big mistake’ in failing properly to regulate the banks.
The former prime minister, who has always claimed the recession was mainly the result of global factors, told a conference in the U.S. that Labour should have done much more to rein in the banks before the crisis struck.
Read more: http://www.dailymail.co.uk/news/article-1375577/Gordon-Brown-admits-failed-rein-banks-shake-threatens-1k-branches.html#ixzz1vRpVkLq1
Now I've answered point 1,with your points 2 & 3 are merely symptoms (in other words, 'so what') rather than causes, I can tell you that I don't care about what anyone did in the past, whether or not it was the start of the road that got us here.
I expect the current politicians to stop the rot, not continue what Reagan and Thatcher aspired to.
You answered nothing.......i have a rule , i don t argue with drunks, idiots and anybody that s quotes the Daily Mail! ...................i new it !!! goodbye
Fact 1. The banking crisis occurred to the repackaging of toxic mortgage's in the states......not one financial expert blames the British Goverment.
Fact 2. Northern Rock did not cause the crisis, it failed as it relied heavily on funding from the wholesale money markets more than other UK banks, a strategy we can all say was floored as we all saw this coming!!
Fact 3. i ll mention RBS as for some reason you have nt , RBS got into trouble not for the same reason as Northern Rock but they aquired billions and billions of toxic mortgage's thru their acquisition of other banks.
Fact 4. The biggest deregulation of the financial sector encouraging free markets and self regulation was in the Thatcher and Reagan years, what they failed to realize then and to some extent now is with little regulation the most basic instinct of
human nature......GREED takes control.
These are facts.................apart from the basic human nature is survival.;)
Oh and even tho you think you know what i think .......Gordon Brown was a terrible prime minister, i can say this because all tho i support labour i have an open mind.
Hoisted by your own petard.
Gordon Brown has finally admitted he made a ‘big mistake’ in failing properly to regulate the banks.
The former prime minister, who has always claimed the recession was mainly the result of global factors, told a conference in the U.S. that Labour should have done much more to rein in the banks before the crisis struck.
Read more: http://www.dailymail.co.uk/news/article-1375577/Gordon-Brown-admits-failed-rein-banks-shake-threatens-1k-branches.html#ixzz1vRpVkLq1
Now I've answered point 1,with your points 2 & 3 are merely symptoms (in other words, 'so what') rather than causes, I can tell you that I don't care about what anyone did in the past, whether or not it was the start of the road that got us here.
I expect the current politicians to stop the rot, not continue what Reagan and Thatcher aspired to.
You answered nothing.......i have a rule , i don t argue with drunks, idiots and anybody that s quotes the Daily Mail! ...................i new it !!! goodbye
Quick, run, before he posts the Guardian version!
http://www.guardian.co.uk/politics/2010/apr/13/gordon-brown-banking-sector-regulation