Jump to content

Featured Posts

Posted (edited)

In the early 1970's I remember the cost of petrol rising from around 30p/gallon to over £1 over a couple of years, but I think that that may have  been at least partly attributable to the fall in the value of sterling as everything else was costing more as well .

 

I recently came across copies of the paperwork that used to be necessary to get foreign currency.  I had started going  skiing at that time, and the first year I got 53 Austrian Schilings to the pound, 12 months later, 37, 12 months later again, 26: in 24 months, sterling had  more than halved against the Schilling (and the Deutchmark to which it was locked), while the prices in Austria had not changed. The next year we went to Italy, as Austria had  just become too expensive.

Edited by Ronaldo47
Typos
Posted
41 minutes ago, Grassman said:

There is a marina on the T&M a couple of miles north Fradley Junction which has increased it's price by 52ppl even though they'd had a delivery at the old price a week before the costs began to rise. And that's for it's own moorers so it's probably more for 'outsiders'!

 

Pure blatent exploitation 😠

Not necessarily. If they are pay on (or before) delivery, they have to make enough off this one to pay for the next one. 

  • Greenie 1
  • Happy 1
Posted (edited)
2 hours ago, Ronaldo47 said:

In the early 1970's I remember the cost of petrol rising from around 30p/gallon to over £1 over a couple of years, but I think that that may have  been at least partly attributable to the fall in the value of sterling as everything else was costing more as well .

 

I recently came across copies of the paperwork that used to be necessary to get foreign currency.  I had started going  skiing at that time, and the first year I got 53 Austrian Schilings to the pound, 12 months later, 37, 12 months later again, 26: in 24 months, sterling had  more than halved against the Schilling (and the Deutchmark to which it was locked), while the prices in Austria had not changed. The next year we went to Italy, as Austria had  just become too expensive.

Back then I moved to Germany for work.

Moved what little savings I had at £1 = 8Dm

nine months later I moved back to UK

Changed money back at 4Dm = £1

In effect I had doubled my savings although inflation took care of a lot of it.

Edited by GUMPY
Posted

Back in the early 70's I was working in Africa and paid in US dollars. It was a good, well paid job, but shortly after starting the £ fell sharply and was almost at parity with the $ so was like getting a massive pay rise as most of my spending was in £ because food and accommodation was supplied and never needed to put my hand in my pocket while at work! Laissez les bon temps rouler.

Posted

Late 80's I worked in Oman, paid in Omani Rials which were linked to the US dollar. The Omani economy was in some difficulty at the time, and our government client wasn't paying its bills. So the firm had to send Sterling from London and convert it to Rials to pay the staff and other bills. The Omanis then devalued the Rial against the dollar, and promptly paid all their outstanding bills. So the company was out of pocket on the exchange, and the Rials I sent back to the UK were worth less.😕

Posted
22 minutes ago, WulfNut said:

Tell ya what though.  It's the right side of winter 

Eggsactly - the worse time possible  - most folks do the majority of their cruising in the Summer so that's  when they need to fuel, yes the liveaboards may need fuel irrespective of the time of year.

Posted
41 minutes ago, WulfNut said:

Tell ya what though.  It's the right side of winter 

Exactly 

Heating use is minimal for the next five months.

Hopefully prices will have settled by then.

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.