Will unexpected inflation spike intensify squeeze on families?
2023 ж. 21 Нау.
136 153 Рет қаралды
There was a nasty surprise in today's inflation figures - the rate went up when it was widely expected to fall.
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The recent shortage of vegetables helped to push up food prices at their fastest rate in more than 45 years.
The inflation rate is now 10.4 percent - up from 10.1 percent in January.
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Inflation is created by the government/fed, by both shutting down the economy thus reducing output & massively increasing the money supply. Flooding the money supply without increased production reduces demand for dollars causing real inflation.
Every person is affected by this directly or indirectly. Taking myself for instance, Investments or stocks still retain their values very much but I'm still at crossroads of deciding if to liquidate my $53k worth of stocks or hold on to them cos I'm scared they might lose value.
The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunltles well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advlsers are for, been using one ever since the pandemc 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
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Anti Chinese policies too has something to do with it. And supporting a war created by their trusted American friend.
I am from the United States and inflation is horrible right now but we will never see the prices drop. When companies get used to consumers paying a higher price and are OK with it, they will keep the prices where they are to make even more profit. It sucks..
and the wage isn't increased on that rate, and the tax is even higher.
@@lottery248ctually that's part of the problem. The US government would rather print money than tax the middle class and lower class at a fair rate. The top 1 percent pay almost half of federal income taxes.
@@crescentprincekronos2518 nope, they print money and let the rich to evade taxes legally while lowers have to pay taxes without any rises.
Absolutely agree. Ever heard of businesses reduce their prices? It's cushy once they get there.
Why is everyone thinking it is unexpected? The general public can see it.
General public are sheep, covid came in to check who was
@@healthiswealth6797 Tbf I’m not and I am home ed my little one
Because they were too focused on the supply side
Economists dont spend allot of time shopping for themselves
@@healthiswealth6797 covid came and went, get over it.
Were the tories now just bragging about how inflation was coming down in their crappy budget LAST WEEK and that they were responsible for that 😆
Oh, it will come down, it's a statistical certainty (unless energy prices quadruple again and keep doing so every year). Next to nothing to do with anything the govt has done
@@Boghopper1979 Sunak was bragging in PMQ yesterday about inflation coming down. He knows it’s a statistical certainty, he’s hoping we don’t.
@@Boghopper1979 absolutely...the fact that we are having to explain that to someone who was chancellor of the exchequer is worrying (or it would be if we didn't know that he is playing politics and wants pass this off as the result of his good work, which is a lot of twaddle)
According to the chancellor and his statement inflation would be dropping like a stone this year ....what happened to that ?
I have a feeling If everyone got up and started to grow their own food in the garden, when the first wave has grown they will throw a ban on farming your gardens.
Why stop there? Let’s revert to hunting and gathering too so meat and accommodation will be free
Some countries have already done that. And some states in America have been very close to it, like banning people from sharing food and selling home grown/raised food.
The most important statement there was , inflation will fall for statistical reasons but prices will not be coming down! Well if prices don't fall, how in Heaven are people going to cope? I wish I had a pay rise in line with price rise!
Pay "rise" must at least match inflation
@left_blank How is that kind of economy in any way sustainable?
@left_blank So your answer is that normal, working people have to live much more frugal lifestyles. So less people are buying stuff, less money circulating within our capitalist economy. That means more businesses go under, as they just aren't seeing enough trade anymore. So more people are out of work, can't afford to buy the basics etc. and so on. It repeats, getting worse and worse each time. This is why your answer is basic, lazy and unsustainable.
@left_blank Again, you're really not landing anywhere near anything that would actually help the working class folk in this country.
@left_blank Oh, right. Yours is an "I'm alright, Jack" argument. Off you trot then, you've got nothing of value.
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From Western Australia here…the weekly grocery shop is a nightmare. So expensive even just for the basics
The shops are just jumping on the bandwagon, most basic items to feed a family of four now have doubled. Everytime I go shopping I feel like crying, everything is up massively!
Better get use to it!!! I guarantee it'll won't be going down. Engineering by the elite to keep masses the down
Capitalism in action. Glorious, isn't it?
@@dazzwsmith Absolutely outstanding compared to communism
@@problemofcommons775 because communism is the only alternative
@@problemofcommons775 There's always some wanker like you on the periphery stating "but what about..."
Yes. Quitting the EU has meant higher prices then through lack of labour another increase & this is not going away.
No it hasn't Peter, Still paying MORE in the EU than you are in the UK. If you want we can use the examples of tomatoes/cucumbers & compare EU nations. We'll add in the unemployment rates in the EU so you can try justifying those who can't even afford them because they don't have jobs to go too
In italy where i have family prices have also increased a lot so no your theory is incorrect.
@@Micfri300 Atleast you're honest, i hope Italy leaves the EU, they've been treated like dirt for too long
@@problemofcommons775 the alternative is 1980s mafia state.. The eu has its defincies but i don't think italy can govern themselves independently
@@Micfri300 The mafia never put you in as much debt as the EU, ontop the dem0graph1c replacement going on. Your name will be in the dustbin of history if it carries on
Record corporate profits last quarter of '22. Tells you all you need to know.
as long as the masters are still in profit
In nominal terms. Adjusted for inflation, regular profit. When will people understand our monetary system.
@@crescentprincekronos2518 They don't. That's the point. Most people still believe the CPI/RPI nonsense. In real terms, Westminster has been gypping the entire economy since the start of 2020 (more so than they were before). Meanwhile they maintain the lie that "muh pay rises cause inflation". It's a very convenient lie though, it pits employer vs employee, so they're both looking away from the money printer.
Don't support these supermarkets, vote with your feet and pockets.
Brexit.. people believed the lies they were told
This is what happens when vote is given to uneducated masses.
Or witnessed the stupidity of overbearing rules set by Brussels
@Strangemagic hahaha Dorris Johnston mogg setting rules...Good luck to you
@@franckcolomb5579 yep
@J Vlk or the barely literate fishermen and farmers….
Brexiteers normally feed on chips and cheap beer. They wont notice the price increase of fresh veggies
Remainers normally prey on vulnerable children and bully pensioners. But they eat healthily.
“last year we wasted 60 million pounds worth of crop that was JUST LEFT TO ROT IN THE FIELDS and that with a cost of living crisis is quite honestly totally unacceptable “. Words from the National Farmers’ Union President. Minette Batters wants agricultural workers to be added to the ‘ shortage occupation list’. Brexit has ‘definitely contributed to this problem’ . She says there is no plan in place for an ‘independent trading nation’ to manage domestic food security - And now the questions over the benefits of leaving the EU…….. Liz Webster, the chair of Save British Farming claims that Brexit is making our cost of living crisis ‘worse than it needs to be’. Policy maker Catherine Mann at the Bank of England said that ‘exporters from the EU ‘ have quit the UK marketplace’, due to the restrictions and costs that come with cross- channel trade. ( The London Economic, 26/03/23)
Perhaps producers should pay more than the minimum wage instead of relying on cheap foreign labour
@@strangemagic5502 Excellent reply- that is always the challenge to ‘producers’. The challenge is even greater when covid, climate and war collide. Ethical individualism is under severe threat.
@@strangemagic5502 They are and they will and they are passing the extra cost to consumers, hence the price inflation. The "producers" are farmers who are themselves in a financial squeeze and the money for the salary increases has to come from somewhere.
@@mg4361 I don't know if they are but for sure they won't have a choice now they cannot get the cheaper labour force from overseas. They had it good for a long time. Higher prices of products is not just on food and and british farmers but, also from overseas
The main problem for the UK is that generally British natives don't want to work for 25-26k a year(10£/ph). They want at least 50k a year or more. Cheap labour is welcomed, but when there are no workers from the EU to fill the shortages in food production agriculture etc. You blame Brexit. That's why there are shortages. Unless you attract British natives to fill the industry shortages things will go worse and worse. At the end of the day everyone fight for better life and no one want to work for less money
This was not a surprise, it was inevitable!
Inedible* hahahaha
It's fascinating that even C4 can talk about inflation, but ignore the elephant in the room of corporate profiteering. Corporations are rinsing people and profiteering and no mainstream media source is calling this out.
There is nothing with making a profit, there is no elephant in the room, people are voluntarily giving their money, they are not being "rinsed". You just want to make corporations into a bogeyman to obfuscate from the real issue wich is inflation. You are effectively saying "you are being bad for making the right investments and giving people what they want".
Because that's unsubstantiated, uneducated bullshit
Think bigger. Aside from the bullshit rules killing small businesses (essentially guaranteeing a corporate oligopoly in the future), who's been devaluing the currency all this time? Amazon may be knobheads, but they still don't have the power to print money. Westminster does.
Price gouging as usual by the big companies who already make millions , if not billions in profit.
That's very NPC.
Govt print money to buy votes (furlough, 'rNHS' etc. = more printed money chasing same amount of goods = inflation
Not even close
Leftist will always blame everyone else but why the real cause of inflation is happening. It’s your government!! It’s the people who decided to print large amounts of money.
"Things can't get any worse so might as well vote Brexit" Remember those professors?
Yep, tell the Germans. kzhead.info/sun/acigdZuEp2egkq8/bejne.html
If Brexit was the reason for inflation then why is EVERY member of EU suffering high inflation? And another thing! Brexit in itself is not bad. Its the reaction of EU govts to Brexit that causes delays in paperwork. Remainers jump up and down every single time an economic statistic is bad. But fail to acknowledge that the mighty Germany is in Recession while UK is not! And in my opinion the covid lockdown, the money printing and the sanctions against Russia have a far bigger impact on UK economy. Not to mention the paralysing effect of DIE, ESG and net zero!
No. But I remember a Tory MPs called Gove saying we don't need experts, so....
@@Morning404 Right. That's the joke
Things would be much worse if not for Brexit. I'd vote for it again in a second
It's not difficult to see who is causing inflation, it's in the profit margins. When you make way more than your costs take away, you are inflationary
Lol that's not how it works 😂😂😂
Look at the amount of money that the BOE has been printing since 2007. There is the smoking gun.
When you devalue the currency by over 40% in less than two years, there's no other possible outcome. Blame businesses all you want, but the truth is it starts and ends in Westminster.
I'm single and for me life is difficult.... I'm always thinking about families with children how they will deal with this inflation!!
Mate, I'm single too, can't imagine what it'd be like being a single parent, very fortunate myself
eggs 29% haha good joke there ngl
.its the companies taking advantage and raising their prices way above inflation. .to make more money in their pockets
Capitalism in action. Glorious, isn't it?
Of course it is. It's the tories making us poor. Look after the corporations.
@@dazzwsmith still better than living in a dung house and growing veg in your own sh*t in furrows i suppose
@@dazzwsmith Absolutely outstanding compared to communism
"Greedflation" as it's called.
Supermarkets are making record profits let that sink in
'Unexpected'
Quantitative easing since 2009. Huge gain in the prices of almost ALL assets: stocks, properties, crypto, metals, even rolex. Lots of people in the world (but might not be the case in the UK) have substantial amount of 'idle' money.
Having ‘idle’ money in a 10% inflation state means you’re losing 10% per year of purchasing power. As soon as the major deleveraging happens, there will be very very few safe assets to hide in.
People think low rates are good and keep voting for them... they get what they deserve! Low rates increase the GAP between ouput value and asset values for all business, slowing reinvestment of profits based expansion and leading to eonomic stagnation.
Normies......
@@bengardener8928 Cheap credit is pretty much universally bad, but don't say that in front of Keynesian ideologues, they'll stone you to death.
Inflation-driven "growth" is no growth at all. What school of economics did these cretins attend?
I’m surprised how they don’t even talk about Brexit effecting the economy? Or how government doesn’t step in to stop energy prices going up?
The government can't stop energy prices going up, its not possible. Energy prices are determines by the market, the government can put a price ceiling in place but that's not really stopping energy prices from going up, its will just lead to supply shortages.
Parrot. The government has no money , it gets it from the people and they're stink. If you haven't noticed. So they counterfeit the difference and call it debt.
Goverment is not on your side
Thats one of the reason we are protesting in France. But people don't get it, english, American... keep explaining us why we should work and pay more.
Are we in hyperinflation? Let's be honest.
Close to. When supermarkets no longer have prices on items and the value is worked out at POS (the till) and pubs ask £50 for a pint then yes, we are
How Britain could possibly be so gobsmacked by this, after all the centuries of agriculture on that little island, struggling to feed itself and being impressively successful, it is hard to understand, from here across the Pond. Praying for you.
Pray for yourself.
Understand our invisible web of power..
It's what happens when the currency supply and industrial base is fiddled with by 'intellectuals'.
@@jennim282 I don't pray for anyone, but the UK is screwed.
Brexit made everything harder
prices only ever go up - when's the last time anything went down year on year ? NEVER
And the only people who are reaping the benefits of this situation are the wealthy. Hate to be negative Nancy here but it’s all going to get worse particularly the growing equality in our society; people’s use of food banks and not being able to pay for gas and electric; young people not able to secure their first homes; continued protests across the nation on stagnant wages. And the people in charge of this country are not incentivised to help the working people.
Govt print money as not enough tax income - hence inflation. People cry about inflation so they print more - leading to more inflation.....
Record profits.
Argentina here we come!
Not-so-Great Britain
So mmm Douche Bank in Germany blowing up as I write. Debit Suisse collapsed the other day. France on fire. But yeah, blame Brexit 👍
The government needs to introduce an emergency cucumber cap, tomato cap and just call them a Brecap😂
its not unexpected lol everyone except the tories knew this was coming lol
The Tories knew it was coming but they do care!
Interestingly, in mainland Europe there is no shortage of fresh produce and the food price increases have been pretty much in line with the general inflation. Is the "bad weather" somehow only affecting the UK?
Wouldn’t agree with that, I was in Germany last month and food prices in supermarkets were definitely higher than here
@@reececollison5101 I actually live in Germany and I don't have that impression, nor have the prices risen that dramatically. Also, we've never had shortages of produce. Not now, not during covid. Only a short panic-induced shortage of sunflower oil at the start of the war in Ukraine.
@@reececollison5101should have gone to Lidl or Aldi 😋
That's a bear faced lie! Food prices have shot up in Germany. We left the EU regime 3 years ago with no shortages until now but still you dullards want to blame Brexit! 😂😂
I live in Denmark and there have been massive % increases in food prices.Even at Lidl and Aldi ☺️. Bit spooky tbh... where does that leave my savings when I'm pensioned off?
When you realise that all you have are UNICONS
As we were promised in 1975. 😂😂
Interest rate likely to increase today.
Probably half a percent the next time they meet.
Tesco wants £3.90 for the meal deal now. I get there is inflation but government needs to investigate price gouging by supermarkets.
The government don't care. Subsidized food and alcohol in parliament. Expenses for their utility costs! Serve the rich... That's the Tory game!
They will only take the pi55 for so long, then more and more people will start voting with their feet.
They wont! The Tories are trusted by people to manage the economy. This is Tory economics.
Get a Clubcard mate 😂
Where's the deal? Just call it a meal. £2 when they first came out.
Because of Zelensky's war.
Using my economics o'level what I take from this is.interests rates will rise again to bring down inflation but increase mortgage payments, yet 54 % of inflation is caused by corporate profits and price gouging. Why not do a global windfall tax on corporations excess profits and prosecte price gougers? You could decrease inflation and not raise interest rates
But that money is used to brib- I mean donate to the tory party
@@Me0wish and labour too, the evils of politics
Not going to happen: tory party is in power, not only ripping the idiots that keep voting them but everyone else who didn't as well.
I don't think you would pass "O" level economics with that analysis.inflation is NOT caused by companies. InflTion is ALWAYS the result of govt interference in the economy. They locked down the economy in covid times , they printed loads of money which just pushed up prices. They then sanctioned Russia. You need to study Ludwig Von Mises and you will learn more in an hour than you ever would in school
@@unknown_name_389exactly what the nurses, doctors, rail workers etc.. are trying to do. Do you support them then?
Interest rate hikes won't affect the cost of living crisis because the cost of living crisis is not really inflation. Inflation is caused by devaluation of your currency by overprinting it. The increase costs of goods is caused by a combination of price gouging, and scarcity. So, what you want is for there to be less restrictions on trade, more global stability, environmental protections, regulation against monopolies. You can't solve this issue by fiddling numbers, all that is achieving is stifling investment, and making poorly run banks go bankrupt. Government and Central banks are run by morons reacting poorly to events, rather then predicting, and controlling them. They are basically useless, and need replacing.
Finally!! Someone who understands the cause.
Interest rates make it cost more to borrow. Typically, the sources of credit that UK companies rely on depends on the size of the company. Small and medium-sized companies tend to rely on the banking system. Larger companies borrow from banks, but may also be able to access alternative sources of credit via capital markets. - Bank of England Over 99% of businesses in the U.K. are small or medium-sized businesses (SMEs), employing 0-249 people. - House of Commons Business Statistics The high cost of borrowing is passed on to the consumer so interest rate hikes do affect the cost of living crisis.
Correct on stopping the government from printing money, wrong on everything else. There is no such thing as "price gauging", prices are determines by the market. Any regulation will increase cost and decrease competition, you can't solve this issue by "legislating it away", it just does not work. Morons trying to "predict and control" is the problem in the first place. Its not possible, we know this because of the ECP. Planned economics does not work, they need to stop trying to control and just let the market work.
Don't worry- with digital currency, digital id, and the social credit system, you won't be 'allowed' to buy most foods anyway!
all those silly wallies that voted for brexit
Another dopey europhile who refuses look at inflation in the EU & what they pay for food but "BrExIt" right?🤪
99.8% was Money printed 2 pay 4 furlough, useless jabs, 'rNHS', Tanks 4 Ukraine, your dole money.... and so on = inflation Douche Bank in Germany blowing up as I write. Debit Suisse collapsed the other day. France on fire. But yeah, most blame Brexit 👍
Some people will be feeling sorry for themselves for persecuting and scrutinising the unfortunate .School of thought it could be you that's so unfortunate after being so fortunate ,but took no notice of the unfortunate during your fortunate circumstances !
Cheap labour crop pickers or expensive food . Take your choice! Don't buy what you dont need, see what happens.
Duh. Money printing 4 furlough, useless jabs, rNHS, dole money and so on = inflation Douche Bank in Germany blowing up as I write. Debit Suisse collapsed the other day. France on fire. But yeah, most blame Brexit or 'greedy businesses' 👍
Most expensive tariffs in the world, creating 600% rise in costs to producers
things are not getting more expensive your currency is just worth less,, thats what happens when you print cash, they got away with it for decades because wages and energy costs fell, making food and manifactured stuff cheap, it insured price rises were limited to assetts,, thats why your house earned more than you did,, and shares made the millionares billionares, without a gold standard, money is just the physical reperesentation of a debt, and as usual the problem is paying that debt back
One of the only sensible comments on here. It's obvious 99% don't understand money printing for speculation = inflation
Only Channel4 News would find this "unexpected".
timata?
Rich people get richer. Poorer people get poorer
I can't afford to buy eggs so expensive than I expected! 😢
Bank is increasing rates hopefully that will bring down price of eggs. They are big brainy people.
@@rknaik76 they are plonkers
Rescue some chickens.
What proportion of the inflation is corporate profits?
100%
@@MrStarsuicide Wrong: Inflation was caused by BoE money printing under the cover of a re bra8nded f1u. So politicians can pay for free s*** for stupid locked owns, furlough layabouts, useless jabs, rNHS, 4* hotels for boaters and so on. UNSUSTAINABLE hence printing ££££££££££££££££££££££££££££££££££££££££££££
unexpected? really? well I expected it, anyone with a GCSE in economics expected it...personally I was highly confused why it was 'expected' to come down, the idea that raising interest rates will damped demand (because we are all spending exuberantly) was laughable when everyones desperately trying to eek out every penny they can from their rapidly deminishing spending power, until inflation is addressed as a monetary problem we are stuck in our staglationary death spiral.
It's Channel 4 title they cover what they want and paint what they will.
you're all looking at this the wrong way.. the more we're price gouged the quicker it will all trickle back down ..
Energy providers are not dropping their prices. The fact that wholesale gas prices are down will not improve the energy crisis.
"unexpected inflation" FFS where has that Macdonald been for the last 3 years. 🙄
Solid yes
As if a few salad items have knocked inflation back up. It's because inflation is becoming ingrained in the economy. Wages in the private sector are on the up because it's the only way to get staff therefore prices have to rise. This creates a vicious circle - no pain no gain. Government are just trying to put plasters on the gaping wound.
Inflation is happening because the government is printing money, therefore everything goes up, including wages.
Also the scummernment pushing business tax up to 25% 1/4 tax must be the highest in the world. What are they expected to do. Take out credit with interrest rising and get into debt so the customers life is easier?
People it’s time to harvest our own agricultural and produce
When are people going to start acting like adults....stop spending and stop expecting the tax payer to bail you out.
That’s a lie, it’s actually around 50%
Brexit
Paying less than EU countries. Brexits great
U Plank. . Twas Money printed 2 pay 4 furlough, useless jabs, 'rNHS', Tanks 4 Ukraine, your dole money and so on = inflation Douche Bank in Germany blowing up as I write. Debit Suisse collapsed the other day. France on fire. But yeah, most blame Brexit or 'greedy businesses' 👍
Inflation only affects those on minimum wages n those on welfare . So basically poor people are impacted n wealthy people will always be fine and since policy makers are in the latter category and so yet again as always those most at risk will suffer.
Bad weather in Spain. That is a lie. The rest of Europe has had no problems with food shortages. Lack of food in shops is down to one thing. Brexit.
The UK has always been costly especially alcohol and petrol cost compare to the rest of Europe, America and Canada where it is cheaper than UK
Hope everyone Is ok
Pray you and your family is doing well
Government is not the solution The Governments is the problem
Energy tariffs highest in Europe, farmers cannot afford to heat warehouse's,. breweries cannot afford to absorb 600% increase in cost
Less alcohol for Brit’s bhhhhhoo
I've never been so poor in my whole life as i am right now. Life is tough I'm on low income benefits £77 a week, it's impossible to live on this amount of money. They are putting my money up to £85 a week in April but that extra is nothing it doesn't even cover the rise in food costs never mind energy costs. Life is bleak and it's only getting worse every week if something is not done soon then i don't know how i'm gonna survive.
Brexit
They want you to get a lowpaying Job and even then it's hard to survive
Go on the supermarket sweep mate - at least IF you're caught. You'll be warm inside?
Try getting a job ?
@@joshuacoates9653 how do u know person isnt applying u bell end.
I dunno how people accept living in in a country where eggs are not available!
Government and firms finally allow pay rises... Inflation soars... Shocking really. It's like economic theory in action...
Tomatoes 🍅? More like 100%. Pre covid...70p a pack....post covid £1.40. Everyone knows its more than what they are saying.
Is this because after years of stinging the farmers supermarkets are trying to share the cost of inflation to them? Perhaps its time to give growers more of a chance to sell directly to the public I'm no economist, but shouldn't we be focusing on big machinery and technology & innovation rather than ludicrously spreading funds to people who do not actually earn them? & re-coup the costs from crooked politicians - some of whom are multi billionaires. Perhaps its time to 'squeeze' the politicans who got us in this situation in the first place.
What is the alternative to eggs and milk?
Lots of alternatives, like nuts, meat, and oats. I don't consume eggs and milk (they're stinky and gross), and I'm healthy enough.
Gave up my job today cos after travel and food I may as well have stayed in bed 😓 lose lose situation may aswell sign on.
I am guessing that the farmers producing our food are not getting any of the increase even though they are the people producing these products .
manufacturers*
Surely with ULEZ, they want to squeeze as much people
Send another 5 Billion to Military Industrial Complex and oil companies via Zelensky. Let common taxpayers suffer.
It is a fraction of our budget. You are just one of those kinds people who were happy to let Hitler invade other countries and not get involved until he started attacking us! PUTIN AND CHI HAVE THE SAME IMPERIALISTIC DESIGNS FOR THE WORLD. If Ukraine falls, it will mean more invasions further into Europe! In fact, I watched a video of Putin's chef say that Russia will not stop until all of Europe belonged to it.
No. £$£$£ goes into Ukraine and straight into bent politicians bank accounts in Caymen Islands etc. Fk Zelensky and his b64674d war
Did she say staff shortages and all the crops were wasted, pathetic
People still blaming each other for the crisis in this, not looking good for the future, especially if you are keeping your money in a bank.
30p @Lee
If we're being penalised for not being in the EU then surely that's all we need to know! It was the right thing to do.
why are energy prices so high when companies are recording record profits ? it doesent make any sense. this whole system makes no sense.
Because of overprinting paper money to keep the crumbling economy going.
Ok
How's big businesses doing in this crisis? Big businesses is causing the crisis, that's why we are all paying the price. The big companies are passing on their costs rising plus their mark up. That's where the inflation is coming from. The government are saying its us spending that's the problem. Its not us spending, its big businesses price hiking and making a fortune. That's where we need a proper government that do tge right thing for the people not their mates and themselves who have shares in big businesses. How are we going to get fairness from a PM who will not tax Non-Doms, and will not close the loopholes that allowed BP and Shell to avoid paying windfall tax on massive profits? Sunak is a traitor to the people of this country.
Printing money!!!
WHY MUST NORTHERN IRELAND CARRY THE COSTS OF 75% INCREASE FROM CLEANING TO FOOD PRODUCTS. CHARITY SHOPS UP.
The degree of misleading of the main stream media is mind boggling
I got a letter this week from my municipal suppliers. My electricity bill will go down. I dont know yet, how much. But I am living in Germany.
Same in ltaly,they tell me my elec bill will go down 20% from aprile,plus the PM Meloni gave me a €64 a month increase on my pension in January,only downside my packet of Winston Blu cigs have gone from €5 to€5,20.
But Douche Bank in Germany blowing up as I write. Debit Suisse collapsed the other day. France on fire. But yeah, blame Brexit 👍
Awesome, just yesterday I received another notice of electricity price increase in UK.
It's what I feel in my wallet that counts, not statistics or the official line is on inflation. Even the moths have flown from my wallet
Didn't she support Brexit🤔
She's have been correct if she did, you seen how much countries are paying for their precious tomatoes/cucumbers? Have you seen the unemployment rate, how they gonna afford them without jobs? 😮
@@problemofcommons775 Interesting. Have you seen comparison quality and availability?
@@stevebartley8902 YES, i can take pictures if you want Steve. FULLY stocked shelves, quality no different
80% od people don't know what is inflation 😅
It only surprised those that were not allowed to factor in the impact of the tory government and brexit
The data from the UK looks really messed up to me, it does not sit right with me at all. Have a look at the UK CPI MoM and see for yourself. November +2% (YIKES is this for real?) December +0.4% (That looks good ), January 0.4% (very good) February -0.6% (that's a bit steep of a drop but OK) March +1.1% (WOW what is going on?) How do you go from -0.6% to +1.1% the UK data looks wrong to me Let's compare to the USA CPI MoM November 0.4% December 0.1% January -0.1% February 0.5% March 0.4% Now that looks normal. I think something is wrong with the UK data plain and simple.
Political adjustments to tell a story with agenda
You think the US doesn't manipulate the numbers also? We changed the methodology after the 1970s. It is under that methodology higher than our CPI fake.
Do you think Rishi Saunak altered the figures?
Surprise for you isn't it. Staying in big lavish mansions and probably you never go to buy daily items. Check the price of eggs, bread. Etc .. rent council tax , public transport .. what to say ..