Britain has the very best inflation fee in Western Europe. Final month the rising value of meals contributed to a ten.1% inflation fee, solely a slight drop from the month earlier than.
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Prior to now yr, the worth of olive oil has gone up by 50%, cheese and eggs over 30% and greens 20%.
That is the sharpest 12-month meals worth enhance since information began in August 1977.
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It’s absolutely criminal what capitalism and the government is doing to people and yes this was all man made.
A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.
This reminds me of 1928 hyperinflation in Germany
funny how they find billions to send to ukraine but yet dont care anything about their own people
Gratitude alone wouldn't cut it, the return of an investment with Mrs. Julia David on my portfolio is mind blowing enough that i can't keep it all to myself, Such efficiency. Thanks for changing my life for good
Sunak the taxdoger not elected not British loves giving taxpayers money away imergrants 6million a day free legal aid billions to the Ukraine and builds railways in foreign countries nothing for British taxpayers
Brexit lol the unelected corrupt parasitic government brilliant at forcing unpopular undemocratic laws on member states populations Glad we are out
Forecasters on the economy often get it wrong and doom and gloom the UK economy.
As to making people better off, remove tax on anyone who earns less than 25k per year and lower VAT to 15 percent.
Can we please vote out extreme Feudalism and corperate dictatorship.
Even capitalism is better than this.
To improve its economy, Britain should impose various taxes just like it imposed in its former colonies and again become super power. To start with they should tax salt production and consumption and tax on meeting of more than two people anywhere in the country, beside tax on marriage and birth will mitigate the rising population. I request all the britishers to revert back to their glorious days of domination of third world and supplementation of wealth for her majesty treasury.😂😂😂
Before i used to shop food for my family £150 but now same items i buy has increased in price and i paid £180 😢
I live in Australia. Prices aren’t going to come down here sadly. I’ve read prices will still go up but more slowly. It’s awful. I never imagined I’d be struggling so much at my age.
Ever heard of supply chain corruption…..? 🤔😮
This is where A 🧿 Engineering
can be Mr . Holmes
🕵️♂️
UK news media on social media have massive bot problems, i think the vultures smell blood in the UK.
19% more like 100% on somethings
SO what causes inflation ? Well paying 65p for the tiny tin of Heinz beans is a start ..
Price gouging , Dont fear about your enegy bills we Ofgem who wil cap the the price ,
Meanwhile back door increases via energy companies hiking up the standing charges at the same time we obeyed the rules and did not up the price of energy .
EDF sent out a letter telling customers they were increasing the price of the standing charges ,So you pay more ,Energy companies get more money in , Ofgem say,s we can only regulate energy price so thats within the rules .
And are any of the TV news outlets discussing this latest price gouge ? =No , is this being discussed in Parliament ? =NO .
People are quick to call this ''late stage capitalism'' ,especially in youth circles
Correct me if I'm wrong here, but a scarcity of resources creates inflation, with sanctions on countries that usually provide resources (Example: Russia's fossil fuel supply to Europe) or lockdowns (People not being allowed to make the stuff we need) being root causes of a resource shortfall.
High immigration also creates a a surplus of home-seekers who battle it out for a finite amount of homes that actually exist (causing house prices to rise).
Does anyone know how money printing plays into this?
I'm still not buying anything, prices are stupidly over expensive,
I'm keeping my money in my bank and living on a shoe string, stuff ya
WHY.?
Because I'm sick of giving my money away, so I paid off my debts, no more over expensive buying, no new car, no credit, no loans, no credit cards, no buying at all, my money is staying in my bank, I'm sick of watching my money go to others,
STOP BUYING , STOP SPENDING, GET RID OF YOUR DEBTS PAY THEM OFF, I DID AND MUCH BETTER FOR IT
STAY AWAY FROM CREDIT, CARDS. LOANS, FIANACE, DON'T BUY A NEW CAR, TURN OFF THE GAS, PULL 0LUGS, SPEND VERY VERY LOW ON FOOD, THESE FOOLS WILL BURY YOU IF YOU FOLLOW THEM.
STOP BUYING
What does the British economy expect .
With 30% population being moslim .
Moslims fo only 2 things live on welfare and make babies at a staggering 6 babies per family.😂😂😂😂😂
If UK wants to grow it must get rid of this large baby producing setup
UK has 45000 illegals from Pakistan every year by boat or by container trucks.
UK economy is being eaten from inside. By Pakistani.
These Pakistanis have destroyed Pakistan and where ever else they go😂😂
Long live the King
it's part of their DEMON Masters plan too stave us into food poverty. YOU WILL OWN NOTHING and be happy
Thanks to brexit
I liked how the london street interviewees were so diverse! No white people, very refreshing.
4.6%
Next the whole world will face it highest inflation…..welcome to the world of inflation😅😅😅😅😅😅😅
Ridiculous prices going up its a joke
Uk are going down hill and that is the truth
Sunak and Truss done this when he was chancellor and her as a puppet prime minister should both be in prison despicable
It makes me laugh that everybody interviewed looks foreign (which of course, is a true cross-section of what the streets of Britain now look like) and they have the audacity to moan about how expensive it is to live in this country. If it’s so awful living in the UK, get on a plane and go back to your country of origin.
the targets are not deflation but controlled inflation ; prices will still rise but slower