It hardly needs saying, but this has been another depressing week for the Conservative Party. More catastrophic economic news, more policy bloopers, more self-inflicted wounds, all conveying a distinct impression that the government is running out of both ideas and steam. True, the Bank of England’s inability in handling inflation is entirely to blame forContinue reading “It’s Imperative That The Floundering Tories Find A Purpose”
Tag Archives: Inflation
Brits Don’t Get Any Relief From The Cold!
Temperatures will fall to -8C overnight and freezing fog will remain into next week amid a yellow weather alert as regions of the United Kingdom wake to bitter frost. The Met Office has issued a warning covering most of England as commuters encounter below-freezing temperatures on Monday morning. The forecaster has said that the freezingContinue reading “Brits Don’t Get Any Relief From The Cold!”
Before Christmas, Thousands Of Nurses Will Strike
Thousands of nurses will strike before Christmas after union’s members voted in favour of a first-ever mass NHS walkout. Britain’s nursing union, the Royal College of Nursing (RCN), closed its historic strike action ballot of its 300,000 members on Wednesday. The union is demanding nurses receive a cost of living pay rise of 5 perContinue reading “Before Christmas, Thousands Of Nurses Will Strike”
As Inflation Ramps Up, Britons’ Pay Plunges At A Record Rate
Britons’ spending capacity is declining at a frightening pace as wages are outstripped by runaway inflation. Regular pay decreased by 3 per cent in real terms in the quarter to June, the most destructive since comparable records started in 2001. Including bonus earnings were down 2.5 per cent. Using the headline CPI inflation rate thatContinue reading “As Inflation Ramps Up, Britons’ Pay Plunges At A Record Rate”
There Will Be Lean Times Ahead!
A survey has discovered that one in four adults is consuming less meat to try and save money. It comes after a study by the Office for National Statistics revealed that millions of households are reducing the amount they spend on essentials, such as food, and car journeys. About 70 per cent are taking actionContinue reading “There Will Be Lean Times Ahead!”
The Cost Of Living Crisis In Britain
Shoppers hoping to pick up their favourite brand of butter may be in for a shock after it emerged one supermarket goliath was now selling Lurpak for more than £7 a tub. The luxury butter brand, first produced in Denmark in 1901, has become a staple for millions of households across the country, but familiesContinue reading “The Cost Of Living Crisis In Britain”
Asda Customers Are Asking Staff To Stop Scanning Food Mid-Checkout
ASDA customers have been forced to request staff to stop scanning their food mid-checkout as they reach their spending limit. The supermarket’s boss has made a painful admission about the demands and says that the same thing is happening with petrol. New records reveal that supermarket costs have hit a 13-year high, resulting in customersContinue reading “Asda Customers Are Asking Staff To Stop Scanning Food Mid-Checkout”
As Costs Rise 7 Percent In March, Inflation Reaches Its Highest Level In 30 Years
Chancellor Rishi Sunak is facing more financial pressure after the rate of inflation skyrocketed to a 30 year high. The Office for National Statistics said that the rate of Consumer Prices Index inflation grew to 7 per cent in March from 6.2 per cent in February. The rise was higher than the 6.7 per centContinue reading “As Costs Rise 7 Percent In March, Inflation Reaches Its Highest Level In 30 Years”
The Inflation Rate Has Risen To Its Highest Level In 30 Years, At 5.5 Per Cent
The squeeze on families amplified as inflation crept up to another near 30 year high, with more despair to come. The headline CPI rate nudged up to 5.5 per cent in January from 5.4 per cent the previous month, with clothing and footwear costs adding to the burden. Chancellor Rishi Sunak said he’d been listeningContinue reading “The Inflation Rate Has Risen To Its Highest Level In 30 Years, At 5.5 Per Cent”
In England, Two-Thirds Of Councils Are Considering Tax Increases For 2022
Two-thirds of councils in England are considering tax hikes next year, in another blow to family finances. Millions of people across the country are now having to brace themselves for a double whammy of skyrocketing bills and an upsurge in National Insurance Payments. According to some estimations, this is on top of rising inflation, whichContinue reading “In England, Two-Thirds Of Councils Are Considering Tax Increases For 2022”