Inflation: Cost of living up despite Covid Christmas curbs
20/01/2021 | news | business | 812
The UK inflation rate jumps to 0.6% in December from 0.3% in November, led by higher transport costs.
1
20/01/2021 10:34:39 46 22
bbc
Still pretty low and little chance of interest rates going up, but I'm sure someone can sensationalise it for the rest of us.
5
20/01/2021 10:36:52 34 35
bbc
Facts aren't "sensationalism". They are uncomfortable truths.
208
20/01/2021 11:10:33 4 7
bbc
If you haven't noticed, the economy is on it's backside. The astounding bit how on earth you get inflation in those circumstances?
It's a real achievement that could only be accomplished by a bunch of Brexitory nationalist incompetents whos idiotic ideas laiseez faire wouldn't even get them through a GCSE in economics.
2
20/01/2021 10:34:47 14 10
bbc
It is always hard to accept you are Bankrupt.
3
20/01/2021 10:35:30 14 25
bbc
Oh dear. Let's hope we don't see stagflation.

Brexit won't help.
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
7
20/01/2021 10:37:41 28 4
bbc
What does the article have to do with Brexit ?

Did you even read it ?
18
20/01/2021 10:41:08 10 7
bbc
Stop whining and move on.
19
20/01/2021 10:41:36 6 4
bbc
The report says that food was cheaper. Simple.
39
20/01/2021 10:47:34 7 3
bbc
Doesn't mention Brexit once...stop spreading fake news no matter how much Brexit still annoys you.
It's your kind of hysteria that helped lose you the vote in June 2016
54
20/01/2021 10:51:57 0 3
bbc
JRM and his mates are!
55
20/01/2021 10:52:12 4 1
bbc
Throwing an opinion in as a 'fact' about a subject not even under discussion in this story

You're just showing your childish hate because the referendum didn't go the way you wanted it to so you've decided to hijack this HYS

Says more about you than Inflation/Brexit
464
BFM
20/01/2021 13:12:30 0 0
bbc
Except UK jobseekers.
1
20/01/2021 10:34:39 46 22
bbc
Still pretty low and little chance of interest rates going up, but I'm sure someone can sensationalise it for the rest of us.
5
20/01/2021 10:36:52 34 35
bbc
Facts aren't "sensationalism". They are uncomfortable truths.
8
20/01/2021 10:38:14 13 2
bbc
Eh? What's uncomfortable about a 0.6% inflation rate?
316
20/01/2021 12:07:31 1 4
bbc
Ah, that's why remainers and Covid Cultists ignore them!
6
20/01/2021 10:37:22 5 8
bbc
I like to thank the irresponsible travellers who pushed air fares up and thereby CPI. I’ll be getting a larger increase in my pension this year. Cheers !
41
20/01/2021 10:48:01 1 1
bbc
Those will PPF pensions will permanently get 0% rise for contributions made before 1997 so any inflation is effectively a pension cut.
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
7
20/01/2021 10:37:41 28 4
bbc
What does the article have to do with Brexit ?

Did you even read it ?
10
20/01/2021 10:39:31 8 4
bbc
He’s a few weeks shy of sitting in the village square uttering incoherent ramblings.
17
20/01/2021 10:40:40 7 5
bbc
Maybe too early for Brexit to have any effect yet but it will certainly affect 2021 prices.
5
20/01/2021 10:36:52 34 35
bbc
Facts aren't "sensationalism". They are uncomfortable truths.
8
20/01/2021 10:38:14 13 2
bbc
Eh? What's uncomfortable about a 0.6% inflation rate?
24
20/01/2021 10:43:41 9 15
bbc
“What's uncomfortable about a 0.6% inflation rate?”

—-

Any inflation is uncomfortable when the interest rate on savings is less than inflation.
We should be more concerned about the tories blocking protection for the nhs in trade deals and blocking scrutiny of those deals.
Tories line their own pockets and dont care about the population.
Removed
22
20/01/2021 10:43:23 0 2
bbc
Why would it can been you?
7
20/01/2021 10:37:41 28 4
bbc
What does the article have to do with Brexit ?

Did you even read it ?
10
20/01/2021 10:39:31 8 4
bbc
He’s a few weeks shy of sitting in the village square uttering incoherent ramblings.
11
20/01/2021 10:39:35 35 21
bbc
A jump from 0.3% to 0.6% is a "jump" of 0.3%, not as you put it "The rise was slightly higher than many economists' forecasts of 0.5%"
It is in fact slightly lower than a rise 0.5% - Nice to know your economics reporters can count

And when all is said and done, an increase of 0.3%, 0.2% less than forecasts, is not a "Jump". its a slight rise.
28
20/01/2021 10:44:08 29 17
bbc
It's actually a doubling of inflation if you really want to play games!??
549
20/01/2021 13:35:33 0 0
bbc
hugh pym the price is right come on down
12
20/01/2021 10:39:40 55 9
bbc
The CPI rate never got above 2% last year, but asset price inflation has been much higher, where house price growth averaged 7.6% in the 12 months up to Nov 2020.

Their disparity is driving an extreme inequality gap that’s pricing many out of the housing market and not helping the wider economy because that money isn’t spent so much, but instead inflates a bubble that could burst anytime.
65
20/01/2021 10:54:12 16 5
bbc
It wouldn't help the wider economy anyway right now, there's nowhere to spend your money except the supermarket, online retailers and on homewares/DIY.

Long term we'll have to inflate our way out of this bubble if we don't want it to burst (which we definitely don't).
139
20/01/2021 11:14:48 3 3
bbc
This has been the pattern for many years, and it reflects the chronic shortage of housing couple with equally chronic denial of the problem.
435
20/01/2021 12:59:35 1 0
bbc
Yes rates must be ramped back up to normal 5-8% so as to rebalance the rich/poor balance. Granting all inflation gains to the rich with no transfers to the poorer via interest is destroying life and creating ever greater inequality.
13
20/01/2021 10:39:46 49 17
bbc
The more interesting inflation figures will be for Jan and then the post-COVID medium term (summer), when the transport cost inflation from “you know what” and the additional red tape created from reducing red tape (?) become apparent.??
33
20/01/2021 10:45:49 16 29
bbc
You know what? Give us your forecast figures that nobody else yet has ...
110
20/01/2021 11:03:56 4 7
bbc
This is why the public sector were after a payrise. If pay doesnt go up in line with inflation then you are getting a pay cut. and thats exactly what is happening now.
121
20/01/2021 11:08:01 6 6
bbc
You are praying that prices rise, so you can finally say "I told you so" after years of Project Fear not materialising.

Inflation is around a 3rd of the BoE target, food prices fell in December.
293
20/01/2021 12:00:41 0 1
bbc
Not true, Brexit won't even be a blip on the Covid lock-down costs. How many businesses are going to go bust and how many in poverty after lock-down - here, try Spain, one of the first in Europe to start the experiment, one of the first to discoverthe cost

https://www.euronews.com/2020/12/11/new-poverty-hits-europe?minutetv=true

Then Italy, it's Government collapsed over covid debt last week.
14
20/01/2021 10:39:55 12 30
bbc
Blame the worse off in every scenario Brexit.

Still, it wasn't about the money was it Leavers?

Well it is now!
29
20/01/2021 10:44:14 11 2
bbc
0.6% inflation. That is rock bottom and in fact still below the target inflation rate!

Listen to yourself.
30
20/01/2021 10:44:27 9 2
bbc
The article doesn't mention Brexit once. It clearly says the biggest contributor was air fares .... Read the article and stop making things up no matter how much Brexit still annoys you ... You are spreading fake news
37
20/01/2021 10:47:03 9 2
bbc
What are you on about? Inflation is very low and you are trying to shoehorn this into a Brexit issue
84
20/01/2021 10:57:39 3 0
bbc
Brexit Derangement Syndrome much?

Remoaners predicted huge rises in the cost of foodstuffs.

They're falling...

Transport costs rose a tiny amount & with far fewer passengers, fares are bound to increase, as cost per passenger has risen.
568
20/01/2021 13:49:25 0 0
bbc
Apologies for the off-topic post (but not my Brexit view)!
15
20/01/2021 10:40:14 76 8
bbc
So the inflation measure is based on a weighted basket of goods, the weights being our usual spend pattern. However our current 'basket' is likely to look very different to a year ago with less travel, flights and going out than normal. Has the ONS adjusted for this?
42
20/01/2021 10:48:02 41 9
bbc
No the idea is that the basket stays largely constant so that you can get a good measure. If they added in fads like fidget spinners, in one month, never heard of again it would be a mess.
245
20/01/2021 11:45:58 1 1
bbc
They adjusted the way of calculating excess deaths, so maybe they have, though their adjustment for the excess deaths will mean higher numbers for 2021, I imagine they adjust for lower numbers when it comes to inflation.
524
20/01/2021 13:29:07 0 0
bbc
airports need shutting to stop covid spread
16
20/01/2021 10:40:28 84 22
bbc
Higher transport costs when services were significantly cut?

Or simply profiteering off Covid!
25
20/01/2021 10:43:51 54 5
bbc
When nobody is going anywhere?
31
20/01/2021 10:45:24 3 0
bbc
Includes the price of petrol I'd assume.
108
20/01/2021 11:03:24 4 8
bbc
No, brexit which blocked the container ports. That meant additional costs to divert containers to Rotterdam and additional road costs via ferries.
386
20/01/2021 12:34:31 2 0
bbc
Public Transport has a high PN% of fixed costs, so less people traveling the more you have to recoup via fares to cover the costs.
522
20/01/2021 13:28:19 1 0
bbc
serco made billions
637
20/01/2021 15:01:56 0 0
bbc
Like the majority of businesses and individuals
7
20/01/2021 10:37:41 28 4
bbc
What does the article have to do with Brexit ?

Did you even read it ?
17
20/01/2021 10:40:40 7 5
bbc
Maybe too early for Brexit to have any effect yet but it will certainly affect 2021 prices.
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
18
20/01/2021 10:41:08 10 7
bbc
Stop whining and move on.
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
19
20/01/2021 10:41:36 6 4
bbc
The report says that food was cheaper. Simple.
20
20/01/2021 10:42:00 191 24
bbc
There's a thought, did train tickets go up again this year?

Not looking forward to the council tax rise, it's a lot of money for very little in return these days, mine make you sort your own rubbish, collect it once every two weeks, and make excuses for not doing work.

This month, they can't process an abandoned car "because of covid restrictions" (despite no restrictions being placed on work).
44
20/01/2021 10:49:53 112 20
bbc
(The car was also reported 4 months ago and has been there for a year. Untaxed, no MOT, in an area where if you get home after 5pm there's no space on the street to park, so it's a problem.)

We also lack the most simple of infrastructure like footpaths right near the town centre, it seems most of the tax goes straight to supporting others who can't help themselves.
130
20/01/2021 10:58:35 30 6
bbc
In my area they have real priorities! The much used local leisure centre (dating from the 1960's) is falling down but they have managed to find the money to re-roof the council offices and re-surface the sweeping drive into those offices!
The are also finding money to build many temp flats "for the homeless" - only problem is the area doesn't have any 'homeless' ???!!! Coming from elsewhere???!!!
140
20/01/2021 11:14:49 16 3
bbc
Well, there’s education, public health, police, and fire service etc.
167
20/01/2021 11:23:28 28 2
bbc
the vast majority of your council tax contributions goes on social care and education.
176
20/01/2021 11:25:06 21 23
bbc
about 60% of a councils money goes on wages and fancy gold plated pensions
240
20/01/2021 11:45:36 14 3
bbc
I know I'm not the only one who knows County Council staff who were on full-pay whilst sending 1 email a day and on the beach in summer.. You know the ones, 'Community Education Officers' - easy living.
246
20/01/2021 11:46:04 18 7
bbc
Didums. You have to sort your own rubbish? Food waste in one bin, Plastics and cans in another and the rest in general waste bin. Can't be that difficult surely?
"Sort your own rubbish" - ha ha ha.
Makes you sound like a complete idiot.
Removed
520
20/01/2021 13:27:31 0 1
bbc
all this due to Boris not wanting to close borders and spread covid
769
PCS
20/01/2021 20:29:03 0 0
bbc
My local authority will be right out the starting blocks to claim for that lamppost my car totalled at 6.30am the damned authority gritters did not turn up until 8.30am....
21
20/01/2021 10:42:55 11 19
bbc
At least this month there's no upward pressure on prices from increased costs & delays in transportation due to Boris's awful Brexit deal....... oh hang on....... ??
We should be more concerned about the tories blocking protection for the nhs in trade deals and blocking scrutiny of those deals.
Tories line their own pockets and dont care about the population.
Removed
22
20/01/2021 10:43:23 0 2
bbc
Why would it can been you?
23
20/01/2021 10:43:28 32 9
bbc
Don't see what the concern is? Rate is still far below the target of 2-3%.
221
20/01/2021 11:13:46 16 15
bbc
The fact you don't see a problem doesn't mean there isn't a problem. Just that you are incapable of understanding the significance of "achieving" inflation... in the middle of the biggest economic contraction on record!
8
20/01/2021 10:38:14 13 2
bbc
Eh? What's uncomfortable about a 0.6% inflation rate?
24
20/01/2021 10:43:41 9 15
bbc
“What's uncomfortable about a 0.6% inflation rate?”

—-

Any inflation is uncomfortable when the interest rate on savings is less than inflation.
34
20/01/2021 10:46:12 14 4
bbc
The interest rate nearly always is less than inflation, that has been the case for many, many, many years.
52
20/01/2021 10:51:41 3 1
bbc
There's ISAs that offer over 1%

It'd be more cause for concern if wage inflation was significantly below cost of living increases.
627
20/01/2021 14:43:48 0 0
bbc
You should have gone to Specsavers or employed the services of an informed IFA who would have pointed out to you that leaving an undue amount of money on deposit is never a good idea especially if you want to beat inflation. Remember the old maxim “speculate to accumulate” and whilst at it spend time researching Investment Trusts and spreading risks.
16
20/01/2021 10:40:28 84 22
bbc
Higher transport costs when services were significantly cut?

Or simply profiteering off Covid!
25
20/01/2021 10:43:51 54 5
bbc
When nobody is going anywhere?
155
20/01/2021 11:18:20 1 1
bbc
Cost of living statistics only consider the cost of tickets / fuel etc... not how many people are buying.
26
20/01/2021 10:44:00 4 5
bbc
Wait for the BBC headlines in a few years when the effect of the world throwing QE at covid becomes apparent.

High inflation coming... so buy gold, commodities or index linked bonds
27
20/01/2021 10:44:04 4 7
bbc
The next 4 years will be the greatest in human history.

That history starts at 5pm today.

The world stops for the greatest human to rule the world.

I was nearly falling in to the trap.

I have regained my sense.

Same old.
11
20/01/2021 10:39:35 35 21
bbc
A jump from 0.3% to 0.6% is a "jump" of 0.3%, not as you put it "The rise was slightly higher than many economists' forecasts of 0.5%"
It is in fact slightly lower than a rise 0.5% - Nice to know your economics reporters can count

And when all is said and done, an increase of 0.3%, 0.2% less than forecasts, is not a "Jump". its a slight rise.
28
20/01/2021 10:44:08 29 17
bbc
It's actually a doubling of inflation if you really want to play games!??
276
20/01/2021 11:56:41 2 3
bbc
If labour or lib dems were in power these self same people would be bleating over inflation 'doubling'

FACT
367
20/01/2021 12:23:52 0 5
bbc
Lies, damn lies, statistics and %'s :-) Like the 2021 excess mortality figures, now much higher than they would be had the ONS not change the way of determining the 5 year average because dropping 2015 and including 2020 would have reduced the figure & so not frightened enough people. If you want to be worried, start looking at Southern Europe, first into covid, first into lock-down consequences
509
20/01/2021 13:30:47 1 0
bbc
Unfortunately when it comes to numbers that's what journalists do.
14
20/01/2021 10:39:55 12 30
bbc
Blame the worse off in every scenario Brexit.

Still, it wasn't about the money was it Leavers?

Well it is now!
29
20/01/2021 10:44:14 11 2
bbc
0.6% inflation. That is rock bottom and in fact still below the target inflation rate!

Listen to yourself.
105
20/01/2021 11:02:01 0 2
bbc
I know, off topic, just a little angry right now.
14
20/01/2021 10:39:55 12 30
bbc
Blame the worse off in every scenario Brexit.

Still, it wasn't about the money was it Leavers?

Well it is now!
30
20/01/2021 10:44:27 9 2
bbc
The article doesn't mention Brexit once. It clearly says the biggest contributor was air fares .... Read the article and stop making things up no matter how much Brexit still annoys you ... You are spreading fake news
122
20/01/2021 11:08:22 0 3
bbc
You're right, it does annoy me, but at least I suppose I'm on trend if as you accuse, I'm spreading fake news. Unfortunately for our country, and off topic again, we are victims of fake news.........Brexit!
16
20/01/2021 10:40:28 84 22
bbc
Higher transport costs when services were significantly cut?

Or simply profiteering off Covid!
31
20/01/2021 10:45:24 3 0
bbc
Includes the price of petrol I'd assume.
32
20/01/2021 10:45:29 17 10
bbc
As someone else has said, profiteering from COVID
13
20/01/2021 10:39:46 49 17
bbc
The more interesting inflation figures will be for Jan and then the post-COVID medium term (summer), when the transport cost inflation from “you know what” and the additional red tape created from reducing red tape (?) become apparent.??
33
20/01/2021 10:45:49 16 29
bbc
You know what? Give us your forecast figures that nobody else yet has ...
24
20/01/2021 10:43:41 9 15
bbc
“What's uncomfortable about a 0.6% inflation rate?”

—-

Any inflation is uncomfortable when the interest rate on savings is less than inflation.
34
20/01/2021 10:46:12 14 4
bbc
The interest rate nearly always is less than inflation, that has been the case for many, many, many years.
51
20/01/2021 10:51:29 8 2
bbc
“The interest rate nearly always is less than inflation, that has been the case for many, many, many years.”

—-

Only since around 2008 has it been less than inflation.
35
20/01/2021 10:46:17 44 7
bbc
Why is the inflation on fuel going up when the oil industry is on its knees and the price of a barrel is less than it was a year ago? https://www.bbc.co.uk/news/topics/cmjpj223708t/oil

I don't deny the retail price is up, but it shouldn't be. Around me unleaded is £1.28 in some places and was £1.08 not long ago.
113
20/01/2021 11:04:48 25 49
bbc
The pound is not doing well on the foreign exchange.
153
20/01/2021 11:18:01 9 2
bbc
The price of petrol and diesel is fairly irrelevant if you’ve stayed at home for most of the past 10 months
191
20/01/2021 11:27:47 3 0
bbc
The price of oil doesn't usually directly impact the price you pay to fill up your car with petrol. This is because big suppliers make use of hedging which keeps the price THEY pay for the raw material (oil) flat. They do this so they can budget and plan how they spend their money; it is easier to budget knowing you will pay £60/barrel rather than a 25% chance £40/barrel or 75% £70/barrel.
259
20/01/2021 11:51:16 10 10
bbc
A drop in the value of the pound caused by that which cannot be mentioned for fear of upsetting its enthusiasts...
444
20/01/2021 13:02:08 4 0
bbc
Most of the price at the pump consists of tax to HM government
657
20/01/2021 15:35:02 2 0
bbc
This all began in March, not January. I would guess, its a combination lower production, O&G companies stockpiling as much as they can and deliberately increasing the costs refinement. Lower consumer demand meaning larger margings may also drive up the price as companies need to make a profit i.e. petrol stations.
752
20/01/2021 19:18:57 0 0
bbc
Because OPEC is cutting supply to drive the price upso it can maintain its profit yet world governemnts seem powerless to break this CARTEL. Mind you the UK giov doesn't want to do challeng them as nearly 75% of the cost of litre of petrol is tax into HMRC
36
20/01/2021 10:46:24 88 23
bbc
0.3% to 0.6%. Basically it’s zero inflation moving to err, zero inflation. As flight costs was the main cause, very few people will have seen change at all.
Not really a news story at all.
66
20/01/2021 10:54:30 52 30
bbc
Fresh products in the supermarkets are already going up in price. It is noticeable.
433
20/01/2021 12:58:23 4 3
bbc
Totally agree, I was alarmed by the headline when I saw the word "jumped" true 0.6% is bigger than 0.3% but still not very big is it? I remember in the mid 70's under a socialist government getting a pay rise of around 20% when working for the MOD because we had fallen so far behind with inflation running in the mid teens.
574
20/01/2021 13:51:45 3 0
bbc
I see the BBC changed their headline saying inflation ‘jumped’.
It could had been worse. With it going from 0.3% to 0.6% I’m surprised they didn’t headline it as ‘inflation doubles’! Someone missed a trick and they might be heading for the sack for not follow editorial agendas.
768
Amy
20/01/2021 20:28:26 0 0
bbc
Every month The BBC reports it, as it should. If it is not newsworthy then you can read the next article. But clearly you needed to comment ... was your comment of some value ... but The BBC article wasn't?
14
20/01/2021 10:39:55 12 30
bbc
Blame the worse off in every scenario Brexit.

Still, it wasn't about the money was it Leavers?

Well it is now!
37
20/01/2021 10:47:03 9 2
bbc
What are you on about? Inflation is very low and you are trying to shoehorn this into a Brexit issue
98
20/01/2021 11:01:01 0 3
bbc
I admit it was a bit of a punt. I just abhor Brexit and do believe it's a negative force that runs through and adversely affects the very fabric of our nation.
38
20/01/2021 10:47:34 11 15
bbc
Oh dear dear dear

Poors

Spent less (due to lockdown) but prices kept rising SHARPLY

Just yesterday BBC reported prices for some products up 50%

Brexit started biting your nails poor brits
“ The biggest contributor was an increase in the cost of transport services such as air fares”.

All those middle-class Remainers going skiing and Llama-trecking in Tibet.
Removed
569
20/01/2021 13:50:01 0 0
bbc
I knew there was a benefit of lock-down, Soz cubed not appearing on HYS as much. Don't worry Soz, I'm sure you'll be able to find a takeaway that will need another cook once lock-down is lifted.
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
39
20/01/2021 10:47:34 7 3
bbc
Doesn't mention Brexit once...stop spreading fake news no matter how much Brexit still annoys you.
It's your kind of hysteria that helped lose you the vote in June 2016
40
20/01/2021 10:47:40 11 6
bbc
It will be interesting to compare to EU and Eurozone inflation rates over the next year.
49
20/01/2021 10:51:01 4 2
bbc
Why???
59
20/01/2021 10:53:28 2 3
bbc
Why? We are out of the EU and have never been members of the eurozone. If we compare to the EU, why not the USA, Canada etc.? It’s irrelevant.
6
20/01/2021 10:37:22 5 8
bbc
I like to thank the irresponsible travellers who pushed air fares up and thereby CPI. I’ll be getting a larger increase in my pension this year. Cheers !
41
20/01/2021 10:48:01 1 1
bbc
Those will PPF pensions will permanently get 0% rise for contributions made before 1997 so any inflation is effectively a pension cut.
452
20/01/2021 13:06:52 0 0
bbc
Not for me, gilt edged DB scheme and index linked ??
547
20/01/2021 13:41:07 0 0
bbc
Inflation is a retrospective tax on effort, unless you are fortunate to find an appreciating asset to swap your cash savings for, but Socialist will then call you a rentier and line you up against the wall with the Capitalists when they take over.
15
20/01/2021 10:40:14 76 8
bbc
So the inflation measure is based on a weighted basket of goods, the weights being our usual spend pattern. However our current 'basket' is likely to look very different to a year ago with less travel, flights and going out than normal. Has the ONS adjusted for this?
42
20/01/2021 10:48:02 41 9
bbc
No the idea is that the basket stays largely constant so that you can get a good measure. If they added in fads like fidget spinners, in one month, never heard of again it would be a mess.
77
20/01/2021 10:56:02 5 1
bbc
Agree, but then what the inflation figure is telling us is how much more expensive the lifestyle I lived last year would be if I were still able to live it now. An alternative derivation, how much has the basket of goods I am buying today gone up over the last year might give a very different answer.
137
20/01/2021 11:14:14 6 1
bbc
It’s quite obvious that the basket of goods doesn’t reflect the reality of the past 10 months
255
20/01/2021 11:49:52 1 3
bbc
Odd, then why have they changed the way they calculate excess mortality for 2021, by leaving in 2015 and leaving out 2020 for the 5 year average? Which conveniently for anyone wanting to terrify people over the deadliness of Covid, increases the excess mortality numbers for 2021.
43
20/01/2021 10:48:13 3 2
bbc
how can this be? how can things get more expensive?
45
20/01/2021 10:49:59 6 6
bbc
Trump
Brexit
Climate Change
Covid

Take your pick from the media grab-bag.
48
20/01/2021 10:50:44 0 0
bbc
Because everything requries more sanitation, trasnport costs are rising, so are production costs & these will be partly or wholly passed on to the consumer!??
20
20/01/2021 10:42:00 191 24
bbc
There's a thought, did train tickets go up again this year?

Not looking forward to the council tax rise, it's a lot of money for very little in return these days, mine make you sort your own rubbish, collect it once every two weeks, and make excuses for not doing work.

This month, they can't process an abandoned car "because of covid restrictions" (despite no restrictions being placed on work).
44
20/01/2021 10:49:53 112 20
bbc
(The car was also reported 4 months ago and has been there for a year. Untaxed, no MOT, in an area where if you get home after 5pm there's no space on the street to park, so it's a problem.)

We also lack the most simple of infrastructure like footpaths right near the town centre, it seems most of the tax goes straight to supporting others who can't help themselves.
183
20/01/2021 11:26:08 11 7
bbc
You mean won't help themselves
187
20/01/2021 11:26:51 9 32
bbc
Bury council are same! Bin men are useless 2 weekly collections, other week day late, trees ?? growing over rooftops which is breaking law..and don’t answer phones!! Council workers get 4 hours for their dinner..and yep Labour run council, bury folk don’t realise vote Tory council get more money,
189
20/01/2021 11:27:11 25 28
bbc
Most of your council tax goes into central government and then into the Caymen Islands.
But keep blaming the poor, that's just what the wealthy want you to do.
207
20/01/2021 11:10:25 23 0
bbc
I had a similar problem a few years ago. I put a large note on the windscreen "Advertising space to let, call XXXXXX" and gave the local council's complaints phone number. The car was removed with a week.
213
20/01/2021 11:35:32 24 1
bbc
We had a similar problem. We pushed the car into the middle of the road and made sure all the remaining spaces were filled. Called the Police and said some kids had been trying to start it. It was gone in a couple of hours.
224
20/01/2021 11:41:32 12 3
bbc
How many Council employees on 6 figure salaries? We will find out in the coming months why being a council boss is not like running a company, when a load of companies go bust because they can't force you to pay more for their products or services.
279
20/01/2021 11:57:09 4 4
bbc
That sounds like South Croydon to me ...where the whole world park their cars.
Infact sometimes after 5.00pm there is more chance of finding the Holy Grail than a parking space .

Thanks Croydon Council and Siddique .??
342
20/01/2021 11:48:37 16 6
bbc
Here's a clue why. The Tory government you've had for over a decade has cut local authority grants every year. Now ...can you believe it...there eventually comes a point where there simply isn't enough money in local authority bugets to do the things that people need doing. Council tax can go up so far before people can't afford that either.
And no, it isn't going on public sector pensions.
379
20/01/2021 12:30:48 7 7
bbc
So you would rather hungry children so you can park?
how very Tory of you.
703
20/01/2021 16:55:23 0 1
bbc
you need to look at your council accounts. Add up wages and Pension contributions, probably costs 50% of all council revenue
749
20/01/2021 19:08:44 0 0
bbc
More like the money goes to bearaucrats who administers funds to help people who CAN'T be bother to help themselves.

Time councils are consolidated and made to run as a business with a clear set of deliverables for LOCAL communities and not a starting bed for political wasters
784
21/01/2021 05:10:56 0 0
bbc
Stop paying tax then.
43
20/01/2021 10:48:13 3 2
bbc
how can this be? how can things get more expensive?
45
20/01/2021 10:49:59 6 6
bbc
Trump
Brexit
Climate Change
Covid

Take your pick from the media grab-bag.
330
20/01/2021 11:42:26 0 0
bbc
Because all the things yoisted are just media spin, not actual real issues, right?
46
20/01/2021 10:50:14 13 3
bbc
Recreation and culture increasing ?, can't remember going to the gym or cinema last year, possibly the slow refunds on concert tickets?
47
20/01/2021 10:50:41 41 6
bbc
The BOE target is 2%, so we are well below this. Much bigger problems than inflation right now.
69
20/01/2021 10:54:34 10 21
bbc
I can't think of any.
328
20/01/2021 11:41:03 1 6
bbc
So you would consider hitting a 2% inflation target in the in the middle of the greatest economic contraction for 300 years to be fine and dandy then?
Don't get a job as an economist, for God's sake!
43
20/01/2021 10:48:13 3 2
bbc
how can this be? how can things get more expensive?
48
20/01/2021 10:50:44 0 0
bbc
Because everything requries more sanitation, trasnport costs are rising, so are production costs & these will be partly or wholly passed on to the consumer!??
40
20/01/2021 10:47:40 11 6
bbc
It will be interesting to compare to EU and Eurozone inflation rates over the next year.
49
20/01/2021 10:51:01 4 2
bbc
Why???
387
20/01/2021 12:34:37 0 0
bbc
Covid lock-down? It has already cost Italy its Government and introduced into Spain (& as Euronews says all Europe) a 'new poverty' and as all the anti-Tories on here will tell us, Poverty Kills - though not lock-down poverty if you belong to the Covid Cult.

https://www.euronews.com/2020/12/11/new-poverty-hits-europe?minutetv=true
Though it claims EU is fighting it, didn't help Italy's Govt.
50
20/01/2021 10:51:24 27 17
bbc
"jumped to 0.6%, from 0.3%"
such shoddy, sensationalist reporting!
117
20/01/2021 11:07:06 16 21
bbc
Why? It's a 100% accurate statement! What do have issue with???
131
20/01/2021 10:59:07 3 1
bbc
Not really when you're dealing in billions, if not trillions of pounds.
272
20/01/2021 11:55:19 3 2
bbc
I'd call a 100% increase a jump, so pretty accurate.
34
20/01/2021 10:46:12 14 4
bbc
The interest rate nearly always is less than inflation, that has been the case for many, many, many years.
51
20/01/2021 10:51:29 8 2
bbc
“The interest rate nearly always is less than inflation, that has been the case for many, many, many years.”

—-

Only since around 2008 has it been less than inflation.
119
20/01/2021 11:07:40 1 1
bbc
There are two other periods post WW2

1945-54 & most of the time from 1972-80
321
20/01/2021 12:08:37 1 2
bbc
Hmm, you mean under Labour, I wonder what happened around then that apparently hasn't been fixed yet?
671
20/01/2021 15:47:59 1 0
bbc
And 13 years is not a long time.
24
20/01/2021 10:43:41 9 15
bbc
“What's uncomfortable about a 0.6% inflation rate?”

—-

Any inflation is uncomfortable when the interest rate on savings is less than inflation.
52
20/01/2021 10:51:41 3 1
bbc
There's ISAs that offer over 1%

It'd be more cause for concern if wage inflation was significantly below cost of living increases.
38
20/01/2021 10:47:34 11 15
bbc
Oh dear dear dear

Poors

Spent less (due to lockdown) but prices kept rising SHARPLY

Just yesterday BBC reported prices for some products up 50%

Brexit started biting your nails poor brits
“ The biggest contributor was an increase in the cost of transport services such as air fares”.

All those middle-class Remainers going skiing and Llama-trecking in Tibet.
Removed
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
54
20/01/2021 10:51:57 0 3
bbc
JRM and his mates are!
4
20/01/2021 10:36:26 21 33
bbc
Nobody is better off with brexit
Simple
55
20/01/2021 10:52:12 4 1
bbc
Throwing an opinion in as a 'fact' about a subject not even under discussion in this story

You're just showing your childish hate because the referendum didn't go the way you wanted it to so you've decided to hijack this HYS

Says more about you than Inflation/Brexit
56
20/01/2021 10:52:19 12 2
bbc
I recall, not so long ago, the BoE being in fear of negative or zero inflation stating that a small amount of inflation is good for economic growth. So this is good news, no?
57
20/01/2021 10:52:51 19 7
bbc
Food, furniture & household goods all actually falling in price. However transport costs up which would suggest the effect has been down to OPEC cutting production and the oil price going up from $20 a barrel in Apr 2020 to $56 a barrel now. Sorry to burst your narrative BBC, but the figures point to elsewhere.
775
20/01/2021 20:55:13 1 0
bbc
Demand for oil is still shrinking as more economies lock down so the spot price is still too high !!!
58
20/01/2021 10:52:56 11 11
bbc
Why have a HYS on something so utterly mundane?
A difference of 0.1% & that fuelled by air travel which hardly anyone is using right now.
Meanwhile, food prices fall - the opposite of Remoaners' predictions...

No chance of a HYS on the BBC's tax on people watching non BBC TV, or the agenda driven bias & Woke output which is causing people to cease watching the BBC in droves.
79
20/01/2021 10:56:35 5 5
bbc
The BBC don't set the licence fee. The govt do. They then pay most but not all of that money to the BBC. It was the govt decided to impose the tax on the over 70s not the BBC. If you can't get that right there's not much hope for your debate.... on a service provided courtesy of that tax!
114
20/01/2021 11:04:56 1 2
bbc
Quality whinging! CCHQ is sending you a "Gold Star"! p.s. Brexit transition ended on 31st December, let's see the January fugures, they will be far more interesting! Better set those "deflector shields" to full!??
40
20/01/2021 10:47:40 11 6
bbc
It will be interesting to compare to EU and Eurozone inflation rates over the next year.
59
20/01/2021 10:53:28 2 3
bbc
Why? We are out of the EU and have never been members of the eurozone. If we compare to the EU, why not the USA, Canada etc.? It’s irrelevant.
186
20/01/2021 11:26:31 2 0
bbc
Because it'll either shut the Remoaners up, or give them something to bang on about for another five years.
Either way, it's entertaining.
60
20/01/2021 10:53:43 33 7
bbc
So inflation is still very low
147
20/01/2021 11:01:51 24 43
bbc
Not at all low when you consider the extent to which the Brexi-tory project has shrunk and obstructed the most profitable parts of the economy...in the name of a few fishermen... who, it turns out have also had their businesses wrecked, by Brexit!
61
20/01/2021 10:53:50 5 1
bbc
All good then ??
62
20/01/2021 10:54:01 10 8
bbc
It’s still very low. The biggest positive effect on the world economy is that in a few hours the tyrant will no longer hold his sword of Damocles over the world.

Now we can all look forward to beating inflation, Covid, unemployment and climate change with a happier, lighter heart??
211
20/01/2021 11:35:02 0 2
bbc
Putin? Xi Jinping?
388
20/01/2021 12:36:22 0 0
bbc
Xi Jinping has gone?!! Not seen that yet!
63
20/01/2021 10:54:02 5 4
bbc
Inflation wasn't going to happen according to experts a few months ago justifying another £250,000,000,000 QE.

Its higher than that anyway from shopping as usual.

Its irrelevant because the BOE ignore it, look at the above graph inflation above target upto 50% for 2 years, nothing done and never going to be.

All about House Prices.
64
20/01/2021 10:54:10 2 4
bbc
Ban inflation. Lock it down.
12
20/01/2021 10:39:40 55 9
bbc
The CPI rate never got above 2% last year, but asset price inflation has been much higher, where house price growth averaged 7.6% in the 12 months up to Nov 2020.

Their disparity is driving an extreme inequality gap that’s pricing many out of the housing market and not helping the wider economy because that money isn’t spent so much, but instead inflates a bubble that could burst anytime.
65
20/01/2021 10:54:12 16 5
bbc
It wouldn't help the wider economy anyway right now, there's nowhere to spend your money except the supermarket, online retailers and on homewares/DIY.

Long term we'll have to inflate our way out of this bubble if we don't want it to burst (which we definitely don't).
441
20/01/2021 13:01:35 4 0
bbc
Inflation is theft from the ordinary. Sadly you are right the rich elite will run inflation making them richer via their assets, and stealing from the rest. Inflating away their debts and boosting their assets. Inflating away decent people’s savings and entire lives.
36
20/01/2021 10:46:24 88 23
bbc
0.3% to 0.6%. Basically it’s zero inflation moving to err, zero inflation. As flight costs was the main cause, very few people will have seen change at all.
Not really a news story at all.
66
20/01/2021 10:54:30 52 30
bbc
Fresh products in the supermarkets are already going up in price. It is noticeable.
171
20/01/2021 11:24:10 12 2
bbc
Really?
All cheaper this week:
Cucumbers
Broccoli
Round beans
Onions
Lettuce
Peppers
Pork
Chicken

No change:
Pineapples
Leeks
Celery
Tomatoes
Carrots
Bananas
Limes

NO increases on anything I bought.

Yes, I am OCD enough to keep digital records of my food purchases. ??
Beef
Lamb
201
20/01/2021 11:31:58 13 1
bbc
When you can buy 5 portions of vegetables for less than £1 you have to be concentrating very, VERY hard to notice...
267
20/01/2021 11:53:18 2 4
bbc
That's caused by a different issue.
286
20/01/2021 11:59:21 7 3
bbc
Really? The ONS graph in the article says completely the opposite. You did read the article didn't you?
312
20/01/2021 12:06:15 6 7
bbc
You may not have noticed many of our EU suppliers are currently experiencing considerable quantities of Snow alongside Covid lock-downs - Given Spain and Snow aren't exactly synonymous, and we've pumped out money into the economy while shutting it down, even an economist could work out the reason for your observation. But not remainers, so it seems.
539
20/01/2021 13:33:14 1 0
bbc
it is still winter happens every year
681
20/01/2021 16:08:57 0 2
bbc
UK consumers have not seen anything yet!.
The next 6 months will see a subtle -but ever increase in the family shopping basket - we depend on 40% of essential items imported from EU.
With a freeze on public sector wages and work related benefits - and council tax hikes , it will be a challenging year for managing your money and keeping in budget.
732
20/01/2021 18:19:38 1 0
bbc
No.

The helpful chart supplied in the article actually tells you that food (not including alcohol) DROPPED in price by more than anything else!

This is good because food you HAVE to buy; the inflationary items tend to include alcohol & cigarettes and recreation which disproportionately affects the richer in society - those truly in poverty obviously tend not to buy these items of course!
67
20/01/2021 10:44:48 3 0
bbc
A slight recovery in the economy has averted the threat of deflation in the uk.

Inflation still remains anemic at 0.6% , well below the govts target of 2%.
68
20/01/2021 10:45:26 10 12
bbc
Another huge evidence-based disgraceful outcome of Brexit
80
20/01/2021 10:56:56 7 6
bbc
Time to change the record please.
85
20/01/2021 10:57:55 7 2
bbc
The target inflation rate is 2%, currently we are at 0.6%. Some people try any shoehorn Brexit in to everything.
89
20/01/2021 10:58:45 4 2
bbc
Far below the BoE preferred level of inflation, so hardly huge.
I blame Biden, tbh.
203
20/01/2021 11:33:28 4 2
bbc
Brexit wasn’t to blame. We were still in the transition period until the end of 2020.

The Brexit effect will only become apparent in 2021 inflation figures.
281
20/01/2021 11:57:40 2 1
bbc
Another piece of utter Remoaner nonsense, as these figures are for last month, not this...
576
20/01/2021 13:52:56 1 1
bbc
and is this more evidence of Brexit? If so it has hurt the EU more than it hurts us.

https://www.euronews.com/2020/12/11/new-poverty-hits-europe?minutetv=true
47
20/01/2021 10:50:41 41 6
bbc
The BOE target is 2%, so we are well below this. Much bigger problems than inflation right now.
69
20/01/2021 10:54:34 10 21
bbc
I can't think of any.
346
20/01/2021 12:16:13 0 1
bbc
LOL, perhaps that is because you can't think, here, I'll give you a clue that the rest of Europe and the globe thinks about a lot!

https://www.euronews.com/2020/12/11/new-poverty-hits-europe?minutetv=true
349
20/01/2021 12:16:58 2 1
bbc
Then you are leading a very sheltered existence!
70
20/01/2021 10:54:51 132 13
bbc
Given that the debt Sunak generated to pay for covid is calculated in pounds there's a subtle advantage to letting inflation creep... it reduces the size of the debt in real terms.

That said 0.6% inflation is nothing. I remember the 80s when it was over 15%!
99
20/01/2021 11:01:25 81 154
bbc
Yes caused by Thatcher
100
20/01/2021 11:01:26 21 1
bbc
That was the 1970s. It was under 10% for all but the first year of the 19080s, as far as I remember.
145
20/01/2021 11:16:38 19 3
bbc
The mortgage rate peaked at 15% in 1979 reflecting an even higher inflation rate
The inflation rate and mortgage and other interests rates fell during the 1980s
195
20/01/2021 11:29:36 39 3
bbc
Inflation hit around 25% in the mid-1970s.

I’m no fan of Mrs Thatcher but you can’t blame her for that.
393
20/01/2021 12:37:43 1 0
bbc
As a FD of a 1,000 food stores in the mid 70's by law I had to inflate staff salaries every month at the going rate of inflation which was running at over 27% pa. Beat that!
424
20/01/2021 12:54:16 3 1
bbc
Theft by inflation will be deliberately run. It makes the rich richer as their assets are safe to gaining, and steals all the cost of debts from the ordinary little people. In effect it is coin clipping like of old, just the non rich people's money only. ‘Advantage' is only to the rich and the powerful that can extort pay rises to keep up.
480
20/01/2021 13:21:52 0 0
bbc
In 1976 my Annual Pay Rise which was brought forward from October to July to beat the £6 per week limit - was 28%. Happy Days
488
20/01/2021 13:24:47 1 0
bbc
Yep, our old friend is everywhere. It takes even less time to destroy a box of Heroes/Roses/Quality Street than it did, as I'm sure you've all noticed over the Xmas break.
521
20/01/2021 13:28:03 0 0
bbc
all they had to do was close borders and test for covid at borders ...they shafted the domestic economy and nhs
527
20/01/2021 13:36:04 0 0
bbc
I remember thanks Maggie.
726
20/01/2021 18:05:35 0 0
bbc
I've already been told I'm getting 0% this year. My wife too. That's a pay cut. (esp as due to Brexit, inlfation will reach 3% by yr end). I remember the 70s when coal miners went on strike for 44% pay rise and they ended up getting 22%. Inflation was around 16% I think. Just because inflation reaches 15% for a couple of months, it's irrelevant if you don't look at pay.
71
20/01/2021 10:55:09 4 6
bbc
Higher inflation is needed to erode the massive national debt we have accumulated - this will in turn lead to higher personal interest rates - that will start to hopefully curb spending and reduce waste and improve the impact on the environment.
72
20/01/2021 10:55:12 108 7
bbc
I've noticed that many packets the price hasn't changed but the amount contained inside the packet has (i.e. 1kg becomes 900g etc.). In many cases there is 10% less product than before.
83
20/01/2021 10:57:28 92 2
bbc
This is known as “Shrinkflation”.
96
20/01/2021 11:00:14 13 2
bbc
It is all taken into account in the inflation figure
135
20/01/2021 11:00:11 1 5
bbc
Help the obesity crisis
And help the environment.
290
20/01/2021 12:00:31 1 8
bbc
Yet the £ per kg is deliberately ignored by the inflation figures!

A scam!
308
20/01/2021 12:05:44 4 1
bbc
I've noticed little if any examples of that, though I know it happens.
I guess rarely buying manufactured foodstuffs keeps me away from the worst offenders.
Fresh meat, fruit & veg are cheaper & healthier than ready made muck - taste far better too.
426
20/01/2021 12:54:36 4 2
bbc
Expect a lot more of it when the increased Logitsics & paperwork costs are passed on by the suppliers, we will face price increases or even smaller packet sizes.
483
20/01/2021 13:18:10 1 1
bbc
It's called daylight robbery , plain and simple, because we let it happen.
516
20/01/2021 13:34:35 1 3
bbc
Well said! Take a look at loo rolls. The tube in the middle is a lot bigger than it used to be & the amount of paper on each roll is less, giving us about 50% less on a roll than there used to be.
523
20/01/2021 13:28:43 0 1
bbc
should be good for people on a diet ...less obese less covid risk
73
20/01/2021 10:55:18 3 1
bbc
Despite Covid Christmas curbs.

What?
74
20/01/2021 10:55:23 7 6
bbc
It’s getting more expensive as they are imports. And based upon what I have read ( from multiple sources) will go up further due to all the red tape Brexit has caused.

unless of course you eat lots of fish which cannot be sold in France etc. And not because ( as the business secretary states the restaurants in France are closed- what a load of Tosh) I’m sure they buy from supermarkets too!
93
20/01/2021 10:59:44 2 0
bbc
And markets, but with the added costs of delivery, other sources will be found.
404
20/01/2021 12:40:41 0 0
bbc
LOL multiple sources? Did any happen to mention the herd of Elephants in the room? Covid lock-downs and QE?
75
20/01/2021 10:46:36 13 13
bbc
Cost of living goes up, it’s Brexit it’s caused it everything that’s gone wrong on the planet over the last 5 years is Brexit fault, love the emotional anti UK EU loving posters on HYS, every article BBC introduces HYS and you get the same user names posting the same thing day after day.
91
20/01/2021 10:59:20 4 1
bbc
And here you are!!!??
92
20/01/2021 10:59:37 3 0
bbc
I don’t think they are very intelligent
159
20/01/2021 11:20:14 2 2
bbc
And they get answered too with the explanation that these inflation figures are nothing to do with Brexit.

The Brexit effect won’t be seen until we have 2021 figures.
Removed
42
20/01/2021 10:48:02 41 9
bbc
No the idea is that the basket stays largely constant so that you can get a good measure. If they added in fads like fidget spinners, in one month, never heard of again it would be a mess.
77
20/01/2021 10:56:02 5 1
bbc
Agree, but then what the inflation figure is telling us is how much more expensive the lifestyle I lived last year would be if I were still able to live it now. An alternative derivation, how much has the basket of goods I am buying today gone up over the last year might give a very different answer.
78
20/01/2021 10:56:08 10 12
bbc
Even during a worldwide pandemic, brexit has caused prices to rise. well done brexiteers, the rich ones are ofcourse on their own private islands unaffected
563
20/01/2021 13:47:54 0 1
bbc
Whom the Gods wish to destroy, they first make mad. Remainers have finally flipped.

https://www.euronews.com/2020/12/11/new-poverty-hits-europe?minutetv=true
58
20/01/2021 10:52:56 11 11
bbc
Why have a HYS on something so utterly mundane?
A difference of 0.1% & that fuelled by air travel which hardly anyone is using right now.
Meanwhile, food prices fall - the opposite of Remoaners' predictions...

No chance of a HYS on the BBC's tax on people watching non BBC TV, or the agenda driven bias & Woke output which is causing people to cease watching the BBC in droves.
79
20/01/2021 10:56:35 5 5
bbc
The BBC don't set the licence fee. The govt do. They then pay most but not all of that money to the BBC. It was the govt decided to impose the tax on the over 70s not the BBC. If you can't get that right there's not much hope for your debate.... on a service provided courtesy of that tax!
270
20/01/2021 11:54:08 0 0
bbc
Nonsense.

The BBC made the decision to scrap the free licence, NOT the government.

The Guardian & the BBC themselves stated as such.

https://www.theguardian.com/media/2020/jul/09/bbc-to-end-free-tv-licences-for-most-over-75s
459
20/01/2021 13:11:25 0 0
bbc
So the BBC has no input whatsoever to the amount?
68
20/01/2021 10:45:26 10 12
bbc
Another huge evidence-based disgraceful outcome of Brexit
80
20/01/2021 10:56:56 7 6
bbc
Time to change the record please.
81
col
20/01/2021 10:56:58 5 4
bbc
People spent. Supply was restricted due to covid. Of course its up.
Real news would be why no comment on unarmed protestor being shot dead and then labelled a terrorist by the US president? If this happened in hong kong for example it would be all over the news.
82
20/01/2021 10:56:21 9 12
bbc
What a surprise!
Bank of France reports Brexit sent 2,500 jobs and £150bn in assets to France and the EU was on its way to financial autonomy.
EU’s ambassador to the UK, Joao Vale de Almeida also said Brussels has made “quantum leaps” in integration since Britain left with "support for Europe going up" while Britain’s exporting crisis shows “decisions have consequences”.
While Johnson has a nap.
101
20/01/2021 11:01:35 5 2
bbc
Not exactly non-partisan commentators without an agenda. Take it with the same degree of skepticism you'd take comments made by our politicians.
72
20/01/2021 10:55:12 108 7
bbc
I've noticed that many packets the price hasn't changed but the amount contained inside the packet has (i.e. 1kg becomes 900g etc.). In many cases there is 10% less product than before.
83
20/01/2021 10:57:28 92 2
bbc
This is known as “Shrinkflation”.
262
20/01/2021 11:27:18 6 1
bbc
i prefer the term debigulator.
364
20/01/2021 11:59:34 1 4
bbc
Or fraud
14
20/01/2021 10:39:55 12 30
bbc
Blame the worse off in every scenario Brexit.

Still, it wasn't about the money was it Leavers?

Well it is now!
84
20/01/2021 10:57:39 3 0
bbc
Brexit Derangement Syndrome much?

Remoaners predicted huge rises in the cost of foodstuffs.

They're falling...

Transport costs rose a tiny amount & with far fewer passengers, fares are bound to increase, as cost per passenger has risen.
68
20/01/2021 10:45:26 10 12
bbc
Another huge evidence-based disgraceful outcome of Brexit
85
20/01/2021 10:57:55 7 2
bbc
The target inflation rate is 2%, currently we are at 0.6%. Some people try any shoehorn Brexit in to everything.
742
20/01/2021 18:50:42 0 0
bbc
They do. We all have a right to protest, just like the many millions on 23 June 2016. You mentioned lack of intelligence on a earlier post, quite!
86
20/01/2021 10:58:14 11 14
bbc
The brexit cabal were told
The brexit cabal were warned
The brexit cabal knew better
The brexit cabal keep dragging us down on a daily basis.
The brexit cabal are either thick or plain stubborn
102
20/01/2021 11:01:36 6 7
bbc
Could have moved to Europe though.
168
20/01/2021 11:23:36 2 0
bbc
And as your esteemed friends have quoted this is before we left transition.
These inflation figures are mainly to do with fuel and transport costs going up
87
20/01/2021 10:58:28 8 12
bbc
Just wait until next month when brexit red tape and delivery costs mount up. But as the quitlings said, they are willing to take the pain and the costs. Even though the fishermen are showing otherwise.

Suck it up, the pain is on its way
97
20/01/2021 11:00:57 4 2
bbc
1: “Fishermen” is a gendered term.
2: All things are impermanent.
88
20/01/2021 10:58:43 52 19
bbc
It is all due to the increased cost of the shoehorns being used to get Brexit into every conversation.
125
20/01/2021 11:09:28 4 5
bbc
"Knowledge is power". "Power Corrupts".
363
20/01/2021 11:59:34 2 1
bbc
Your shoehorn comment wins todays HYS prize!
68
20/01/2021 10:45:26 10 12
bbc
Another huge evidence-based disgraceful outcome of Brexit
89
20/01/2021 10:58:45 4 2
bbc
Far below the BoE preferred level of inflation, so hardly huge.
I blame Biden, tbh.
90
20/01/2021 10:59:00 6 5
bbc
The U.K. is very lucky to have its own currency.

Southern Europe going through hell as there is no control over monetary policy.
257
20/01/2021 11:50:17 1 0
bbc
Sorry, based upon what facts? If they are having a problem that will soon change once holidays are back on the agenda
75
20/01/2021 10:46:36 13 13
bbc
Cost of living goes up, it’s Brexit it’s caused it everything that’s gone wrong on the planet over the last 5 years is Brexit fault, love the emotional anti UK EU loving posters on HYS, every article BBC introduces HYS and you get the same user names posting the same thing day after day.
91
20/01/2021 10:59:20 4 1
bbc
And here you are!!!??
75
20/01/2021 10:46:36 13 13
bbc
Cost of living goes up, it’s Brexit it’s caused it everything that’s gone wrong on the planet over the last 5 years is Brexit fault, love the emotional anti UK EU loving posters on HYS, every article BBC introduces HYS and you get the same user names posting the same thing day after day.
92
20/01/2021 10:59:37 3 0
bbc
I don’t think they are very intelligent
74
20/01/2021 10:55:23 7 6
bbc
It’s getting more expensive as they are imports. And based upon what I have read ( from multiple sources) will go up further due to all the red tape Brexit has caused.

unless of course you eat lots of fish which cannot be sold in France etc. And not because ( as the business secretary states the restaurants in France are closed- what a load of Tosh) I’m sure they buy from supermarkets too!
93
20/01/2021 10:59:44 2 0
bbc
And markets, but with the added costs of delivery, other sources will be found.
94
20/01/2021 10:59:56 2 3
bbc
"Fiddle while Rome Burns" comes to mind. Normal economic rules have been shredded and no-one has a strategy to get out of the mess. This has developed over the last 50 years or so and a best guess scenario means at least another 50 years to correct it. Pity the next two or three generations.
95
20/01/2021 11:00:13 1 3
bbc
Dangerous times. Inflation will allow the Covid debt to be cleared sooner. The problem is the effect on those on fixed incomes or income limited to, say, 2.5% increases. The bow wave of cash stashed over the past year, being released, could push inflation too high, too soon.
72
20/01/2021 10:55:12 108 7
bbc
I've noticed that many packets the price hasn't changed but the amount contained inside the packet has (i.e. 1kg becomes 900g etc.). In many cases there is 10% less product than before.
96
20/01/2021 11:00:14 13 2
bbc
It is all taken into account in the inflation figure
384
20/01/2021 12:33:47 0 3
bbc
Just look at the width of toilet rolls, they are an inch narrower than the holder.
713
20/01/2021 17:28:11 0 0
bbc
...unlike house prices and rent, which are the truest measure of inflation since they are the largest outgoing for the majority of households.

A mid-1970s inflation rate of 15% pales into insignificance when you factor in the true rise in the cost of living we've experienced over the past 40 odd years.
87
20/01/2021 10:58:28 8 12
bbc
Just wait until next month when brexit red tape and delivery costs mount up. But as the quitlings said, they are willing to take the pain and the costs. Even though the fishermen are showing otherwise.

Suck it up, the pain is on its way
97
20/01/2021 11:00:57 4 2
bbc
1: “Fishermen” is a gendered term.
2: All things are impermanent.
150
20/01/2021 11:17:26 1 0
bbc
““Fishermen” is a gendered term.”

—-

Man and men - and other words like mankind, chairman, manpower - are also used as generic words to include both (or all) genders.
161
20/01/2021 11:21:02 0 0
bbc
This is what you get from Popeye’s comment; really? I mean your not wrong but when did use of common parlance actually become a sin.

What is wrong with us?
37
20/01/2021 10:47:03 9 2
bbc
What are you on about? Inflation is very low and you are trying to shoehorn this into a Brexit issue
98
20/01/2021 11:01:01 0 3
bbc
I admit it was a bit of a punt. I just abhor Brexit and do believe it's a negative force that runs through and adversely affects the very fabric of our nation.
112
20/01/2021 11:04:21 2 0
bbc
That just shows a lack of intelligence
70
20/01/2021 10:54:51 132 13
bbc
Given that the debt Sunak generated to pay for covid is calculated in pounds there's a subtle advantage to letting inflation creep... it reduces the size of the debt in real terms.

That said 0.6% inflation is nothing. I remember the 80s when it was over 15%!
99
20/01/2021 11:01:25 81 154
bbc
Yes caused by Thatcher
And of course, if you were a worker whose wages were being eroded by this high inflation, and you did something about it. You were "the enemy within".
194
20/01/2021 11:29:24 38 11
bbc
It was caused by greedy unions and free collective bargaining.
226
20/01/2021 11:15:30 36 2
bbc
Nice try. "Thatcher to blame for everything".

Reality: Average annual inflation:

1975-79 - 15.64%
1980 - 84 - 9.62%
1985-89 - 5.28%
233
20/01/2021 11:44:24 2 5
bbc
I remember when the ERM drove it up at such a rate even Argentina couldn't match it, fortunately we dumped the ERM. However, we've locked-down for so long and printed so much money we now have a lot more money chasing considerably fewer goods, even an economist might work out the consequences of that correctly - ah No, they won't, they all believe in MMT.
236
20/01/2021 11:45:07 4 0
bbc
No caused by the ERM
301
20/01/2021 12:03:14 5 4
bbc
Really! look at the facts and you will find it was a Labour Govt that left the UK bankrupt and would do so again
343
20/01/2021 12:15:34 3 2
bbc
I loathed the woman, but she wasn't responsible for high inflation. That was from years before.
375
20/01/2021 12:29:23 3 2
bbc
I thought it was caused by that great idea of the European bUnion, the European Monetary Union idea. George Soros made a killing I seem to recall.
402
20/01/2021 12:39:57 0 3
bbc
Oil price nothing to do with it. Or perhaps you are too young to remember the facts.
432
20/01/2021 12:57:45 4 2
bbc
Inflation rose from 1978 and peaked in 1980, 1 year after Thatcher got elected, so was on the way up, caused by Liebour, before Thatcher got involved. It fell thereafter and even though it did rise again in the late 80's it never got close to the levels caused by Liebour in the late 70's. So not caused by Thatcher at all

https://www.macrotrends.net/countries/GBR/united-kingdom/inflation-rate-cpi
502
20/01/2021 13:28:44 2 1
bbc
Try doing some research before posting inaccuracies.
542
20/01/2021 13:31:40 0 1
bbc
yes but still 15 per cent
550
20/01/2021 13:41:48 0 0
bbc
And then made far worse by Brown !
552
20/01/2021 13:42:32 1 0
bbc
Lookup your history! The Callaghan (Labour) government had caused massive inflation and interest rates were raised to stabilise the pound and bring down inflation. By the way......it worked.
705
20/01/2021 16:56:24 0 0
bbc
You are simply wrong.
717
20/01/2021 17:34:41 0 0
bbc
Caused by decades of decline mainly under Labour govts. with an economy run by the Unions and I remember when inflation was 25%.
728
20/01/2021 18:09:03 0 0
bbc
“Yes caused by Thatcher”
And I remember inflation at 26% in the mid 70’s caused by Labour giving in to the Union Barons before Thatcher came to power and ended union power in the U.K. in the 80’s.
750
20/01/2021 19:12:43 0 0
bbc
Errrr no...15% was pre Thatcher and a direct result of Labour giving in to unrealistic wage demand from Unions. Remember the Winter of dicontent, the power cuts and strikes, bin men on strike etc etc (Wilson and Callaghan times).
781
20/01/2021 23:45:37 0 0
bbc
Not caused by Thatcher caused by Wilson/Callahan
70
20/01/2021 10:54:51 132 13
bbc
Given that the debt Sunak generated to pay for covid is calculated in pounds there's a subtle advantage to letting inflation creep... it reduces the size of the debt in real terms.

That said 0.6% inflation is nothing. I remember the 80s when it was over 15%!
100
20/01/2021 11:01:26 21 1
bbc
That was the 1970s. It was under 10% for all but the first year of the 19080s, as far as I remember.
315
20/01/2021 12:07:10 0 2
bbc
so how come it was 15.4% in the 1990's and in fact went up to over 20% due to some european system that we got out of.
778
20/01/2021 22:21:17 0 0
bbc
Close:-

1980 18.0% 5.11
1979 13.4% 5.80
1978 8.3%
1977 15.8%
1976 16.5%
1975 24.2%
1974 16.0%
1973 9.2%
1972 7.1%
1971 9.4%
1970 6.4%