Hikes in National Insurance contributions (NICs) and the minimum wage were contributing to shoppers paying more for their food, the Bank said – and warned the situation will likely get worse. Food inflation hit 4.5 per cent in June, higher than economists had predicted in May, and is predicted to rise to 5.5 per cent next month.Continue reading “Rachel Reeves’ NI Tax Raid Could Increase Food Prices As Autumn Approaches”
Tag Archives: Inflation
Cuts To PIP Update As Officials Respond To Calls To Exclude Those Who ‘Cannot Work’
Calls for people with disabilities who ‘cannot work’ to be excluded from any benefits cuts have been given a major update after an official response from the Department for Work and Pensions. Millions of people on benefits are living in fear of changes set to come in November 2026. Eligibility requirements would be tightened toContinue reading “Cuts To PIP Update As Officials Respond To Calls To Exclude Those Who ‘Cannot Work’”
Freddos Now Cost £1 In Inflation-Crippled Britain
It is the small frog-shaped chocolate bar beloved by Brits and fondly remembered for selling for just 10p. But now fans of Freddo have reacted after the iconic 18g chocolate was spotted on sale for £1. Although it is still available for less in numerous shops, the price represents a staggering tenfold increase since theContinue reading “Freddos Now Cost £1 In Inflation-Crippled Britain”
Not Much Cheer With Keir?
According to a recent survey, three out of four Britons believe the Labour Government is doing a poor job of handling the cost-of-living situation. According to the YouGov study, 74 percent of respondents are unhappy with Sir Keir Starmer’s handling of the matter, while only 15 percent believe his government is handling it well. ThereContinue reading “Not Much Cheer With Keir?”
What Taxes Will Rachel Reeves Hike In The Budget?
Fears are mounting about looming tax hikes for Brits after Rachel Reeves raided pensioners and warned of pain to come in the Budget. The Chancellor has been defending her remarkable political gamble after declaring the Tories had left a £22 billion black hole in the finances. She used the accusation as cover to virtually tear up Labour’s election platform—strippingContinue reading “What Taxes Will Rachel Reeves Hike In The Budget?”
Janet Yellen’s Response Is Unbelievable
While America struggles, grocery costs have risen under Joe Biden, and Yellen, who is worth $20 million, said she goes to the grocery store every week, and she claims she doesn’t feel any sticker shock due to inflation. Treasury Secretary Janet Yellen surprised an interviewer when asked if she has felt ‘sticker shock’ at the grocery storeContinue reading “Janet Yellen’s Response Is Unbelievable”
The Inheritance Tax Is Expected To Be Cut By Jeremy Hunt In The Autumn
Jeremy Hunt is poised to cut inheritance tax in the Autumn Statement in a move that could reduce Tory pressure over dire polls. The Chancellor is increasingly expected to act to ease the burden next Wednesday after inflation declined slightly quicker than expected. He is also thought to have a tad more wriggle room afterContinue reading “The Inheritance Tax Is Expected To Be Cut By Jeremy Hunt In The Autumn”
Fees Rise 13 Percent A Year Amid Fears Pet Owners Are Ripped Off
Britain’s £2 billion veterinary industry is being examined by the competition watchdog amid concerns that pet owners are not getting value for money and that the cost of care has skyrocketed faster than inflation. The Competition and Markets Authority (CMA) is launching a review of the sector, looking at consumer experiences and vet business practicesContinue reading “Fees Rise 13 Percent A Year Amid Fears Pet Owners Are Ripped Off “
Ten Ways Brexit Impacts Your Daily Life – And What’s To Come
It may be seven years since UK voters opted to exit the EU, but that has come with new consequences and a lot more to come. The Government is working out how to deliver its bonfire of EU rules after enraging Tory backbenchers with a screeching U-turn on the timescale. But changes to travel rules,Continue reading “Ten Ways Brexit Impacts Your Daily Life – And What’s To Come”
It Wasn’t Until His Children Were 10 That Sir Keir Starmer Let Them Eat Meat
Sir Keir Starmer has admitted he didn’t let his children eat meat until they were 10 years old. The Labour leader, a pescatarian, said he and his vegetarian wife Victoria didn’t have meat or fish in the house when they were raising their son and daughter. At the age of about 10 years old, theyContinue reading “It Wasn’t Until His Children Were 10 That Sir Keir Starmer Let Them Eat Meat”
THE MONTHLY MOSQUITO 