Rising cost of living
Taking energy costs as the example, you couldn't make it up.
Paywall link and selected quote: https://www.telegraph.co.uk/politics...-energy-bills/ Quote:
This ridiculous minister is pinning his hopes on the weather forecast! Jeez. Btw: what's this "internal long-term forecast"? Something we plebs don't see? |
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For individuals, higher energy prices will directly impact when the energy cap increases and people's fixed tariffs end. So for most people, I think they won't be so impacted until April 2022 directly.
However, they will be directly impacted by costs resulting from supply-side disruption such as this: Price of chicken set to rise, UK's largest supplier warns |
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Andrew, you’re absolutely right.
But you chose to avoid confirming my view of Kwasi’s pronouncement! |
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Non-paywall link.
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It is always those with the least who suffer the most when things like this happen
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Don't they have advisors who can tell the minister whether or not he'd be held up to ridicule? |
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(Excuse me, but I’m off to scrub myself with disinfectant and a scouring pad so I can feel a semblance of "clean" again). |
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Chicken shortage?
As mentioned by the boss of a company that has made £millions, it not £billions, from employing foreign workers on low wages, has been at the center of at least two cases of quality control and working practices, and had more than one occasion where Covid ran riot. There seems to be an underlying theme with these big companies that are now struggling . . . *can you tell what it is yet?* |
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You some sort of Commie? ;)
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*no pun intended Mr RAF chappy :D |
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The price cap just went up, and a lot of fixed tariffs will end long before April 2022. I would think most people pay monthly, and those monthly payments are going to go up long before April 2022 as well. Only a small minority will not be impacted until that far away. Quote:
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I remember reading a few years ago that
decades back the average family spent 25-30% of income on food now that figure is around 10% Indicating how costs of basics had reduced greatly leaving more money for luxuries, or savings. The chicken article was commenting that the price of a chicken had over the last years dropped from £5 to around £3.50 (not going to bother to reread). To get back up to £5.00 would be a huge percentage rise. (I like to get chuckies from the farmer's market, cost somewhat more than £5.00 but are very nice.) I don't like price rises any more than anyone else but as costs increase so will prices. That will lead to wage increases -> cost increases and upward it spirals. Problem is that those who could weather a wage freeze (or even cut) are likely to be the most vocal about maintaining wage rises. |
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It might be lower than he would like but tough. |
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Guess we will carry on growing our own but using the entire garden instead.I can always give the surplus away to friends and neighbours.
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We don't have central heating in my home, just an electric fire in the living room.
We've coped for the last 20 years. When it comes to food, I do the food shop and always look for bulk buys and stuff that will keep or go in the freezer. As there's only the two of us, I do struggle with trying to vary what I cook. But my dad is happy with what he gets, I do ask did that work or could it have been cooked a bit longer etc. |
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Kwarteng, whose portfolio includes energy, shared a briefing which said that “for the late winter period from January to February 2022, the most likely scenario is for an unsettled period of wet, windy and mild spells”. The Met Office’s published longer-range forecast — used for contingency planning — only covers the next three months. It says that this period is “significantly more likely than normal to be mild”, although cold spells were possible, especially during November and December. —————- I would add January and February to that list! |
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More chance of snow in Feb/March than Dec/Jan nowadays, not that it's any colder if it snows or not.
To be honest I'm going to predict a very cold April next year :D |
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Jan & Feb always seem to be the coldest months around here.
(Based on both memory and my external temperature readings for last year). |
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Definitely Jan & Feb here.
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Isn't because as the years pass the point we are furthest from the sun moves. That is now Jan/Feb so while the days are getting longer we are moving away from the sun hence it's colder? So we don't get the Christmas Frost Fairs with the Thames freezing over or as many white Christmases. It's also likely some other factor that we can blame on Boris in effect too.
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No, because it’s summer in Oz & NZ when it’s winter here…
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Nah, it’s Biden’s fault…
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I can't believe Nostradamus hasn't got a mention, surely he hinted at it somewhere in his writings . .
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Basically Green policies stuffing everything up. Cold winter(ie global warming strangely absent), Germany abandoning Nuclear Power and relying on Wind power instead, just in time for a long term lull in wind. All leading to a massive demand for Gas.
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On the inflation front, more cheery news, traders are betting on the Bank of England raising interest rates next month. |
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Just received my letter stating I'll be getting the £200 winter fuel payment.
Every little helps :tu: |
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I’m too young…
(by just over a year) |
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:Yikes: |
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Looking at the energy capacity figures, in theory they should be able to do without coal and nuclear. Solar and Wind is just not that reliable to be able to rely on it, so you have to backup plants as well. |
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Greta should stick to playing with her dolls.
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Given shes now 18, she probably has different toys to play with ....
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Greta maybe irritating, but that doesn't stop her being right, which makes her all the more irritating to those that still deny reality.
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Still, they say a good negotiator asks for more than is actually required and may end up getting everything they actually want! However, her general belligerence is turning some people off and as a result they are not listening. |
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:LOL: |
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All of the above on the Greta gobshite underlines one thing: the climate change agenda is pushing up the cost of living.
We are in perfect storm territory. Without going over all the obvious ground, the Guvmin’s spouting and strutting on forcing us to ditch our boilers for dubious alternatives, 50p supermarket bags instead of 10p bags, 30p veg bags instead of recyclable free plastic bags as supermarkets try to put their hand into our wallets, and so on, £20 removed from universal credit - will cause a social bust when it starts to bite. We are heading for shit creek nix paddle, IMO. PS: I predict that after COP26, the Guvmin will find a foreign reason to re-open the coal-fired power stations; like France cutting off their electricity interconnect. Or the intolerable price of gas, etc. |
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We maybe already past the tipping point of climate disaster thanks to our short sightedness/greed/stuff the next generation attitude. Seems foolish not to try even if we are late to wake up to it. |
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If we still see ourselves as a global leader, why not lead the way? |
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Hands up if you remember Sting and his outcry about the Amazon rain forests . . . .
to save people looking, it was 1989, and they're still being chopped down. |
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Who's going to bang China's & India's heads together against whom else? |
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Nothing will change as long as those who benefit still get to tuck the profits in their pockets, and as long as a profit is theirs to grab that's the only figure they are interested in. People may spout their support for any action but as long as there is someone whose lifestyle they covert then they won't feel that they bear any responsibility. The "Jones's" of this world have a lot to answer for. |
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Leading the way would make us the "good guys". |
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Less likely to get any spare change from our food bills.
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It's just business dicks taking advantage of a panic inducing media - again - don't worry about it ;) |
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That is the real world of business, not government where they can simply borrow more and don't think about how it's going to be paid back. |
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You said plants & businesses :p:
edit: . . . and if shops still have one year old TV's for sale, they're buying too many in :) |
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I said "manufactured". The cost to the seller will have been set months ago, before more recent cost increases. Although some of them might still start to filter through. Your initial response(post #84) about buying for lower prices was in connection to food prices. |
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oh . . ok then . . if you say so . . I guess . .
whatever . . . |
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Inflation actually dropped today, as the recent rise was not demand led, it was supply led. Inflation looks like it may yoyo around for several months whilst the global supply chain evens itself out.
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Which month's CPI is used to set Benefits and Pension increases?
Or is Rishi about to drop them back to "austerity" levels of 0% |
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If ever state pensioners needed the triple lock, it's now.
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..however, the triple lock has been suspended for pensioners, so benefits might again be frozen or uprated below inflation. |
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