True, but with double-digit inflation, highish interest rates and a shrinking economy for the next few years there's going to be a world of difference between having to fork out for an ICE vehicle to get to work and being prepared to spend >£50k on a weekend plaything.
One thing that a lot of us are going to notice is that with pensions index linked to CPI but real-worl inflation running at RPI +, our disposable/discetionary income is goign to shrink - and for those of us with mortgages it's going to be even more noticeable.
Add in tax free allowances are going most likely to be fixed maybe to 2028, with high inflation for a few years to come dragging more pensioners into the income tax trap. Even the RPI doesn't reflect what pensioners are spending their income on, more goes to heat and light their homes as a percentage of their income, where we have seen significant increases in energy bills. Disposable income is going to take a real hit for some years to come.
22 Plus Four KIMI 12 Plus 4 Sport OZZY 08 Roadster FELIX 06 4/4 70th LOKI 77 4/4 SEAMUS 85 4/4 MOLLY
