Rising Prices

[maggiebee]

This is eye watering IMO. I pity those on a fixed income or low wage, it must be a struggle.

https://uk.yahoo.com/news/food-items-going-up-price-115803704.html

[barry1010]

It's going to be tough for a lot of people especially with the increases in interest rates for mortgage payers and the massive fuel hikes.

[davebro]

lamb & goat - who the fech eats goat!

[barry1010]

Me! We eat goat - it's lovely.

[New Judge]

//...who the fech eats goat!//

I do. It is delicious. Grilled kid or curried goat is fabulous. You can't get it in Tesco's, that's the trouble.

The only surprise with this bout of inflation is that it has not occurred earlier. Successive governments have been printing worthless money for about twelve years or more. The strategy adopted to cope with the pandemic (paying people to sit at home whilst their businesses were forcibly closed and providing "loans" to spivs and crooks) added to the burden. Add to that the energy price surge, caused wholly and completely by governments' strategic failures, ideological mania and general ineptitude, and it was a perfect storm. Inflation was bound to take off sooner or later. It would have been better had it been sooner then the government could have learned the folly of its ways. But there's always the next election to think of.

[naomi24]

Good prices are rising globally. It’s the way of the world at the moment.

[dave50]

We will still have no choice at the next election. Green eco maniacs or Green eco maniacs. Result will be the same. Fuel poverty.

[bobbinwales]

Yes, inflation is also over 5% across the EU and has leapt to 7.5% in the USA
https://tradingeconomics.com/united-states/inflation-cpi#:~:text=US%20Inflation%20Rate%20Accelerates%20to,coupled%20with%20strong%20demand%20weigh.
Gas and petrol costs are main causes plus a perfect storm of shortages of some goods (covid etc) and pentup demand (all the money saved on cancel'd holidays, no less travel to work plus labour shorthages pushing up wages (for some).... and its easier now for firms to push up prices .

All major economy's will have to grapple with this for a year or so

[pat2604]

True Naomi.

We just have to live with it and stop the continuous moaning and blaming. This might do us a favour!! We all have come to expect too much. Some more than others. People have been living beyond their means. But if course for will all be blamed on Boris and Brexit!!

[naomi24]

That’s exactly what this is about, lottie. (I meant ‘food’ not ‘good’ in my last post. Predictive text. Pah!!).

[sandra4444]

Don't live with it, live without it. No one needed fuel in lock down and it came down to just over a pound.

[youngmafbog]

//We just have to live with it and stop the continuous moaning and blaming.//


Err no. A lot of our problems are successive Governments pushing an unachievable green policy. We should be self sufficient (or close to) in our fuel but no, we have the bloated oaf and his obnoxious wife pushing green rubbish even further. It's ok for them (and me) but millions will suffer.

They need to be removed from No10.

[youngmafbog]

Well said Dave50 @ 17:10

I eat goat Davebro. Hasn't gone up yet at my local Asian butcher.

[bobbinwales]

On green issues what could boris and predecessors of done different that would of made much difference to the costs of living.of food prices etc..

[fender62]

ditch the 0 green target, and get back to some sembilance of normality, re-open the mines and power stations, get men into work.
melt down all the ugly windfarm generators, start fracking.

[bobbinwales]

Yes... but it would hardly make any difference to the current inflation issue... and fracking unfortunately will never happen, theres to many protestors that can legally obstruct it

[weecalf]

Got three items each had gone up exactly 10% from previous day .ah sure you can not do with out them can you . Prices will rise so it the way it goes .when is the next mp wage rise due .Only asking .

[bobbinwales]

//melt down all the ugly windfarm generators//

Err theyve been a winner today

[jourdain2]

I've been advocating fracking for years until we can straighten out all this mess. The USA has met and solved most of the problems. It's criminal that we have vast underground gas storage areas empty at the moment as well.
Back to food prices etc. We are on fixed pensions - taken many years ago now. They would have brought us about 70% of our final salaries, so looked good. Our final salaries then are now about what a teaching graduate would expect to start with (less, in fact) so pensions are looking sick. We'll cope with food prices - grow more, eat less etc. - but the scarers are fuel, heating council tax etc...
Really angry - did everything right and taught difficult kids for donkeys years expecting that I would be OK.
However, a lot are worse off than us. As long as we are both alive we'll cope - if it's just one of us...... goodness knows.

[THECORBYLOON]

"when is the next mp wage rise due .Only asking"

MPs' basic salaries have not increased since April 2020.

[OldChestNuts]

We are counting the pennies now to allow the children to watch the tv. We started to limit how much lighting and tv could be used each day. We now uses a solar panel to charge the torch battery for use at night.
Are we classified as energy poverty?