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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems!" Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() VAT on school fees came into effect in January. | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() I apologise… going through the report so I thought VAT on private schools would have gone on next month… but it has been included in this month’s figures ( up 13% year on year ) Just reading more about the air fares issue and it’s fascinating, basically air fares didn’t go down by as much as they usually do after the Xmas new year holiday period … and little things like Xmas new year falling closer to the weekend… as opposed to the midweek one we had this year | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() Probably all those Labour staffers flying around the globe to international conferences….the world isn’t going to run itself! | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() And was meet with an increased demand for primary school places. | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() Good one nige……. Having a degree in math, statistics and economics it’s the information behind the information that I find fascinating I think it was fascinating….. food stuffs such as bread, eggs, coffee, cereals, meat… and non alcoholic drinks (interesting nugget bearing in mind dry January being such a thing) all increased in price… Sales… not as many post Xmas sales… so clothing prices were up from where they were… or were less discounted So yes.. inflation was up, economists were expecting 2.8%, it came in a 3% so it one of those contexts conversations Or in “Nigel’s world” those Labour people don’t eat, drink, travel or wear enough!! ![]() | |||
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"We can kick this football around the playground all day but the simplest question to ask is: Why would any business be lowering costs at this moment in time, the prices are going up on most things due to so many labour induced poor decisions that we have been talking about for months. Attack business and this is the outcome." Not so much a lower of costs , more a case of the pace of the increase… I do find the January figures particularly interesting just because it does take into considerations the sales or lack of…. So it could be something as simple as having sales pre Xmas rather than post new years | |||
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"We can kick this football around the playground all day but the simplest question to ask is: Why would any business be lowering costs at this moment in time, the prices are going up on most things due to so many labour induced poor decisions that we have been talking about for months. Attack business and this is the outcome. Not so much a lower of costs , more a case of the pace of the increase… I do find the January figures particularly interesting just because it does take into considerations the sales or lack of…. So it could be something as simple as having sales pre Xmas rather than post new years " I'm not surprised by the pace, it has been rumbling along for the last 6 months now. The problem as I see it is Reeves is saying I'm going to put more money in your pocket, with businesses saying we need to pass on the uplifts of the rise to minimum wage, and the impending NI rises. We are not going to move forward with both public and business cancelling each other out, business can't reduce costs because their wiggle room has been removed, even though public hesitancy is creating a slow down. Reeves can’t boost the economy when rising wages are immediately eaten up by higher costs, the casualty is going to be business. | |||
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"Higher council tax and energy prices, employers additional NI yet to come. And economic growth forecast halved. Not out of the woods yet. Notable silence from the government. " Slippery slope the only thing looking up is the weather. lol. | |||
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"Sounds like a recession or it's on it's way. What are all those Gold reserves doing sitting a vault, some haven't been touched in decades possibly centuries? Are we being sold a lie on the sink hole? Why are renewable energy sources taking so long, some projects were started back in Blairs days and the issue was raised beck in the 70's. As usual some people are better of than others nothings changed, Labours mantra." The UK holders less than a Bilion in Gold at to days price it's only about £720,000 | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() ![]() Is there anything you don't have a degree in Fabio ! ![]() | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() ![]() ![]() Labour supporter - economists, lawyers, brain surgeons, astronauts, world chess champions! There is nothing these people aren’t capable of! | |||
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"Yes same old labour. A budget for cities not country. Most inner city folks dont have a car as they have trains every where but those out in the country depend on cars etc and they were hit by increased road tax. So not taking money out of a working persons pocket was a lie. When governments take more than inflation in tax that reduces the money in our pockets and in turn reduces what we have to spend in shops etc and increases inflation." Another poster on another thread quoted 9.5 million people (exc state pension ) in receipt of benefits, and £8bn a year for migrants inc their hotels. No wonder the country is £2.6trn in debt. | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() ![]() ![]() The Rachel Reeves school of CV writing. ![]() | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems!" It's not their fault. You can't expect them to improve things in the first weeks, oh sorry month, oh sorry 7 months. It's like you are under the impression that they claimed to have a plan and would hit the ground running from day 1. | |||
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"Yes same old labour. A budget for cities not country. Most inner city folks dont have a car as they have trains every where but those out in the country depend on cars etc and they were hit by increased road tax." You mean Car Tax. Road Tax was abolished in 1937. | |||
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"Yes same old labour. A budget for cities not country. Most inner city folks dont have a car as they have trains every where but those out in the country depend on cars etc and they were hit by increased road tax. You mean Car Tax. Road Tax was abolished in 1937." Do you mean vehicle excise duty. | |||
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"Yes same old labour. A budget for cities not country. Most inner city folks dont have a car as they have trains every where but those out in the country depend on cars etc and they were hit by increased road tax." "You mean Car Tax. Road Tax was abolished in 1937." "Do you mean vehicle excise duty." That's what the pendants will insist on, but even HMRC call it Car Tax in some of their official publications. | |||
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"Yes same old labour. A budget for cities not country. Most inner city folks dont have a car as they have trains every where but those out in the country depend on cars etc and they were hit by increased road tax. You mean Car Tax. Road Tax was abolished in 1937. Do you mean vehicle excise duty. That's what the pendants will insist on, but even HMRC call it Car Tax in some of their official publications." They do, but this would not cover Moter bikes, vans, lorries, and other machinery that go on the roads | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! It's not their fault. You can't expect them to improve things in the first weeks, oh sorry month, oh sorry 7 months. It's like you are under the impression that they claimed to have a plan and would hit the ground running from day 1. " Amazing how this is conveniently forgotten | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! It's not their fault. You can't expect them to improve things in the first weeks, oh sorry month, oh sorry 7 months. It's like you are under the impression that they claimed to have a plan and would hit the ground running from day 1. " Inflation up Unemployment up Business confidence down Business investment down Business lending down More businesses closing than opening Housing starts down Retail and online sales down Car sales down Economic forecast halved Tourism down Uk exports town Is there anything that has improved since the new government hit the ground running | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() It's fascinating what could be affecting things. With airfares a colder winter could push demand up, for warmer trips. Some airlines have capacity issues caused by delays to new planes, which influences fares up. None of that is government caused, yet some want to push the finger of blame solely at them. | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! Okay Nigel… calm down!!! I think it’s interesting in what the ONS have said what are some of the main factors Food….. obviously Air fares… more demand than supply? Higher airline fuel prices? Greater running costs than expected (which I could go on a huge nerdy post about the airline industry… spoiler, Boeing are a shambles, airbus in better but there is a general shortage of certain materials at the moment) Private school fees….. remember this is before the VAT increase, so what on earth is going on! And next month is going to be interesting because liquid gas prices are spiking a bit again Remember last months didn’t go up when most economists thought it would .. this one went up more than expectations so they kinda even themselves out a bit Because if we had been looking at for example 2.7, 2.9…. Rather than 2.5,3.0 …. Then you wouldn’t have the 5 alarm fire post trying to score cheap points with sentences like the OPs last one…. P.s……. I know the op is one of the new us president’s biggest slappies here… so I thought I’d ask since the US inflation figure came out last week if he knew what that was….. Answer…. It was .. 3.0% ![]() That is why the statistician in me loves reading the actual report rather than just looking at the headline and then making the assumptions… and like I said the transport nerd in me (since I was a kid) then love looking at the different sectors | |||
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"Higher council tax and energy prices, employers additional NI yet to come. And economic growth forecast halved. Not out of the woods yet. Notable silence from the government. " And the energy prics cap set to increase by £85 p.a. from January, and mobile phone and broadband tariffs up by inflation + 3%. | |||
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"Correction, from April. When council tax bills will also go up by an above inflation 5-10%, and rail fares up 4.6% from 2nd March. Inflation is becoming embedded and the real effects of the NIC and minimum wages changes are yet to be felt. And the public sector and the rail unions are already agitating for inflation plus wage settlements this year." Re: council tax… they are by law only allowed to be increased by a maximum of 5% per year unless they get a special government exemption.. and this year that has only been half a dozen councils Rail fares increases have always been fixed to inflation plus 2% as far as I can remember It’s the mobile phone increase that annoys me most.. I think inflation plus 3.9% | |||
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"Correction, from April. When council tax bills will also go up by an above inflation 5-10%, and rail fares up 4.6% from 2nd March. Inflation is becoming embedded and the real effects of the NIC and minimum wages changes are yet to be felt. And the public sector and the rail unions are already agitating for inflation plus wage settlements this year. Re: council tax… they are by law only allowed to be increased by a maximum of 5% per year unless they get a special government exemption.. and this year that has only been half a dozen councils Rail fares increases have always been fixed to inflation plus 2% as far as I can remember It’s the mobile phone increase that annoys me most.. I think inflation plus 3.9%" Why specifically mobile phone increases? | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! It's not their fault. You can't expect them to improve things in the first weeks, oh sorry month, oh sorry 7 months. It's like you are under the impression that they claimed to have a plan and would hit the ground running from day 1. Inflation up Unemployment up Business confidence down Business investment down Business lending down More businesses closing than opening Housing starts down Retail and online sales down Car sales down Economic forecast halved Tourism down Uk exports town Is there anything that has improved since the new government hit the ground running " I suppose some may argue that when they said they would hit the ground running, they did not specify in which direction they would run. | |||
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" It’s the mobile phone increase that annoys me most.. I think inflation plus 3.9%" Get a yearly contract each May and threaten to quit each time to negotiate back down using a comparison site to benchmark the right price... ![]() | |||
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"More bad economic news for Labour, with inflation up to 3% in January. Looks likely that interest rates will not be cut which will be bad news for borrowers. Inflation may be headed even higher later in the year. Increased costs all round. Time for all those Labour ministers to get on a plane and spend some more time overseas solving other peoples problems! It's not their fault. You can't expect them to improve things in the first weeks, oh sorry month, oh sorry 7 months. It's like you are under the impression that they claimed to have a plan and would hit the ground running from day 1. Inflation up Unemployment up Business confidence down Business investment down Business lending down More businesses closing than opening Housing starts down Retail and online sales down Car sales down Economic forecast halved Tourism down Uk exports town Is there anything that has improved since the new government hit the ground running I suppose some may argue that when they said they would hit the ground running, they did not specify in which direction they would run. " 🤣 | |||
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