Inflation is down by a wafer. It was 8.7 per cent in April. But that’s not down as much as expected, stoking fears that the UK has a big problem with rising prices.
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And that means that the Bank of England is likely to continue putting up interest rates in response.
Within the figures, food inflation remains at the highest levels for over four decades at 19.3 percent, which means an even greater squeeze on the budgets of low income families.
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45 Comments
It's not Brexit that fueled price rise.
It's money printing and bailing out banksters that fuels price rise.
Those trillions in bills are being offloaded onto the working class via inflation.
Nothing to do with Brexit. It's planned and played by WEF. The elites and the king are playing only their roles.
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As an European, simply simply lovely 😂
Damn we're living in rough hellish times hope the situation gets better
Brexit. 🤷🏻
Britain only you think? Make it Europe because here in Belgium it is as bad as in Britain and i don't think in France, Germany and the Netherlands it is hardly any better.
Ain't the tory crime syndicate doing a great job
How can the uk lie to the world pretending they have gave house holds £3000 cost of living yet they have not! It’s a lie! They gave £300 per person and not everyone got it. Most people working more than one job and still are not eating.
Was this filmed in Bangladesh
now the British people are paying for their vote to exit the EU even though politicians did not explain the implications to their constituents adequately. This left absolutely no space for money being spent on the Ukraine conflict and dealing with implications of climate change related supply disruptions.
Meanwhile the parasitic british royals continues to live in tax free lavish luxury.
Still the cheapest in europe and not gone up in 30 yrs.
Maybe people should start paying the real price.
My God. American education is free
Its about the grea$$t re$esett.
Thats why food etc are so expensive everywhere. Food in Finland have raised very much also
You would think that people who live in the empire that once stole gold, diamond, minerals, oil, and land across the world would be able to have food and adequate housing.
Maybe the government should not shut down farmers, no farmers no food. Something to think about. Get rid of WEF, WHO members!
It’s because of the Ukrainian war!!! Don’t just blame Russia. Blame the governments like UK, US etc who instigated and encouraged the war. They underestimated Russia
It's getting out of control now. I'm a single guy with only 1 wage coming in to the house. Even Aldi prices are getting out of reach. People are living off meal deals in Asda etc, a sandwich, bag of crisps and a drink. and the supermarkets know it. I deliver goods to them and there's so much focus on Staff stocking the shelves everyday in that area. Their At It and it will come to breaking point for people.
The UK left the EU because it expected the EU to become dysfunctional. I think they are right in the long run. But in the short term, it will be painful.
It’s not brexit don’t lie .
Lol hahahahaha 😂😊
Its called silent genocide
England is a failed society.
The inflation is the result of money printing during Covid by government. During that time UK gov. injected 750 bln. pounds into economy, effectively diluting money in the system. Since none of the poor people saw these money, it went somwhere. And it went to his palls to buy our your grandma house. Whose palls you would say? Obviously Rishi Sunak's, the former Chancellor of the Exchequer's palls. We are not in the middle of "living crisis". We are in the middle of the robbery.
Now those foolish ppl know who voted against Brexit…
Nothing to do with Brexit stop the lies
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
As long as you have fresh veg and spuds you won’t go hungry but must admit prices are extortionate
Brexit causes this. Don’t be silly. 51% of us are right!. Says us 49% living with the idiots that voted for it 😡. We are a small Island that needs Europe not the other way round
Raja Petra kata barang murah kat sana?
Corporate greed, nothing to do with Brexit.
It’s all by design 🤷♂️
Everytime there is huge currency printing by the central banks around the world, the flip side is inflation. Stop asking for government to help. They are the ones who created this mess.
Well I'm glad to see everything is bad in the good old uk
Come to think of it your queen starved the Irish to death and then never admitted it
Nothing at all due to Brexit-just look at the chaos in the ever dysfunctional EU
Only working class people are affected The 5% who own all the wealth are not
And king Charles spending in parties jewels and nonsense things meanwhile " his" loyal subjects pay for everything..Thanks god I live far away from all that mess.
Why they're complaining after over 50% agreed brexit
Send more money and weapons to Ukraine 😅😅😅
"The invasion of Ukraine is what ignited the gas prices" – you, young lady, are lying through your teeth (or maybe just parroting whatever nonsense is being said in the UK). The current energy crisis started as early as mid-2021 and it is the logical consequence of the EU's "brilliant" decisions that have been in effect for years (see the Third Energy Package). The war is just a convenient excuse, though it somewhat exacerbated the originally bad situation.
Brexit was the worst decision my country has ever made in living memory! Rejoin the EU ASAP!
Brexit voters and Tory voters are very Patriotic 🇬🇧
It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately $350k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?