News0 min ago
Thanks To Labour. Inflation Has Dropped Again.
Uk inflation fell again for the second month in March .Will interest rates be cut now ?. Looks like Labour have managed to fill that massive black hole they inherited from the crooked Cons then ....good.
Answers
Wow. They've filled the black hole already. And that's before the jobs tax ( higher employers NI), disability benefit cuts and v.e.d increases. Maybe these tax increases can be cancelled then.
By the eaythete's no significant connection between public finances and short term drops in inflation due to petrol price falls.
Bllox, Gulliver. Inflation is only down due to the deflation associated with Trump's ridiculous epistles that has had the effect of sending the world's economies into backwardation and, with this, the significant reduction of the price of commodities, hence the cost of energy.....Brent is trading at $66/bbl and N-Gas at 3.27/therm....and then there has been the devaluation of the dollar meaning imports priced in bucks are significantly cheaper.
Just to add to the foddeer, the slowing of inflation won't last what with Economy-Raper Reeves increases in her budget. April's figures will see the likes of the min wage and NI kick in. Then there are factors like any cutting interest rates - they usually add to consumer demand and thereby risk raising prices and the rate of inflation further from its 2% target.
Given TTT’s now conversion to the Labour cause, here is a video from my mate Phil that TTT will no doubt find interesting, covering the good things the Labour government is doing – but for some reason not reported in our rabid right wing press.
As a Private Eye subscriber, I noticed that during the 14 years of corrupt Tory rule, there were loads of articles covering their MPs (and their mates) robbing the public purse of millions of pounds – now Private Eye is reduced to reporting on Labour MPs receiving free tickets to football matches and concerts.
I was okay with the video until Phil makes the claim that many Tory MPs are landlords so they are blocking measures to improve tenants rights. Ignoring the fact that Labour has a huge majority to push things through, does Phil have any evidence about how many Tory MPs are landlords. And how many Labour MPs are landlords. One can be a landlord and a Labour supporter....ask Gulliver!
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