The RMT Union are striking for a fair pay deal, no compulsory redundancies and no change to terms and conditions. Grant Shapps is dismissive and will not enter the negotiationsContinue readingThis Winter, millions will strike and the country will grind to a halt
Category: Inflation
The Cost of Living Crisis has just started
You may think things are bad in the UK at the moment, but, it’s going to get a lot worse in the coming six months. Inflation today is 10.1% measuredContinue readingThe Cost of Living Crisis has just started
Inflation is 10.1% and folk on fixed incomes are getting destroyed
Inflation destroys the buying power of those on fixed incomes. The poorest get hit the hardest. That’s People on the State Pension, people on Universal Credit, people on Working TaxContinue readingInflation is 10.1% and folk on fixed incomes are getting destroyed
Prices will not be going down, so, get used to it
Years of Quantatative Easing and low interest rates, plus the illogical lockdowns, have combined to produce high inflation, unaffordable energy prices and high(er) interest rates. Many people are bemused, theyContinue readingPrices will not be going down, so, get used to it
The Bank of England has raised interest rates to 1.75%
The Bank of England, today, raised interest rates to 1.75%. The rise of 0.5% (50 basis points) is the biggest rise in twenty seven years. The vote was eight toContinue readingThe Bank of England has raised interest rates to 1.75%
Will interest rates rise to 1.75% today (or will they go higher)?
The Bank of England meets today to determine if interest rates need to be higher than the current rate of 1.25%. We will know shortly what they’ve decided, but theContinue readingWill interest rates rise to 1.75% today (or will they go higher)?
The price of electric is unaffordable in the UK
Two years ago, I was paying 10p per KWh for my electric. The standing charge was minmal. In October of this year (2022), I’m expecting to pay 40p per KWhContinue readingThe price of electric is unaffordable in the UK
Why are we still paying VAT on energy bills?
One of the benefits of Brexit, we were told, was that we could dispense with VAT on energy bills, yet over two years have passed and we’re still paying 5%Continue readingWhy are we still paying VAT on energy bills?
Petrol needs to be cheaper, so cut VAT now
The UK Government has cut 5p from fuel duty to ease inflationary pressures on motorists, but, this simply isn’t enough. People use their cars to get to work and theContinue readingPetrol needs to be cheaper, so cut VAT now
Fighting inflation – IR35 for UK truckers needs to be re-instated
Rishi Sunak stopped UK truckers from being self-employed while using a limited company under the IR35 rules. That lead to 60,000 truckers from the EU returning home. Wages for UKContinue readingFighting inflation – IR35 for UK truckers needs to be re-instated