- mostly a consequence of Russia's invasion of Ukraine in February that sent the price of many commodities such as wheat, and the price of producing them, through the roof.trade barriers caused by Brexit and the disastrous mini-budget of the Truss administration.
This is despite wholesale energy prices having dropped, as retail prices continue to climb and government support is scaled back. People are four times as likely to think that their financial situation has worsened than improved over the past year, according to a Resolution Foundation-commissioned YouGov survey of 10,470 adults.
An analysis by the Trade Union Congress suggested that workers have lost £20,000, on average, in real wages since 2008 as a result of pay not keeping up with inflation, and by 2025 the loss will total £24,000.
Also Western governments: let’s donate billions to Ukraine (and refuse to audit where the money goes).
The clever bigwigs at Bank of England will keep hiking those interest rates aswell. They still seem to believe inflation is being driven by the consumer.
BrokenToryBritain
The Cabal strengthens its grip on the working class
And Labour continues to support the unions!!... another nail in their coffins!!
Thank goodness we have these think tanks to warn us of imminent dangers.
My think tank thinks that all this is manufactured by the goons at the top and could easily be brought to an end.
Do we need a think tank to tell us the obvious.
You can only skin a cat once.When there is nothing left what else can you take.? Your health? Your well being? I never stop thinking, does that make me a tank? Are there any that can predict positives? There is no real money so why can’t they just magic it back? It’s all a game🇬🇧
This was artificially created.
And the ones that use hate to decide us all
And yet we still are sending money to Ukraine and other countries while we Americans get the short end if the stick , and pay the price for inflation while our politicians are living the good life , it's time to unite and do away with politicians that don't do for America
HAPPY NEW YEAR! 🍾🎉 from Sky News
Energy won't get any cheeper whilst Russia is sanctioned. Interests rate either keep rising or high inflation becomes embedded (as BlackRock have predicted).
It doesn’t take much thinking to know this could happen. Time for the people of the UK to make a stand.
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