UK inflation rate falls as clothes prices drop
24/03/2021 | news | business | 977
A fall in the price of clothing and second-hand cars offset a rise in fuel costs last month.
1
24/03/2021 10:05:15 16 5
bbc
Yeh usual recent crude price rises feed through to the pumps when the fuel manufacturers bought it at lower prices six months ago
288
24/03/2021 11:13:18 4 0
bbc
Yet demand for fuel is through the floor with so many no longer commuting
346
24/03/2021 11:30:27 2 0
bbc
But the pound has increased against the dollar and oil is priced in dollars. Petrol prices are still rising week by week and even based u to Feb I think the calculations of ONS are wrong.
2
24/03/2021 10:05:54 68 62
bbc
You mean despite Brexit?

Shouldn't we be facing sky-high prices, empty shelves, record interest rates, fiscal flights, runs on banks, stock market crashes, emergency budgets and 'the worst recession in history' by now ratehr than 'lower prices'?

The Remainers promised!

THEY PROMISED!
that might have something to do with this global pandemic that ahs caused prices to crash

dont think about it too hard though, you might need a sit down
Removed
92
24/03/2021 10:32:37 12 6
bbc
Also we don't actually have "lower prices", we have higher prices overall hence inflation being a positive figure. Some items have gone down including clothes, footwear and cars. Most have gone up including fuel. Most of the rest of your post is complete drivel that you've basically invented yourself.
164
24/03/2021 10:47:49 16 6
bbc
Give it time mate, we're barely out the door.
184
24/03/2021 10:52:02 10 15
bbc
Remainders will always sift through the facts and pick ones that they think support their narrative.
400
24/03/2021 11:40:20 10 7
bbc
But we are currently in the worse recession in history. Exports have dropped off a cliff. It's only the pandemic that is hiding it. Watch as every other country recovers before us and wonder why that might be.
Eh?

The uk is currently in its worst recession for over 300 years

Exports to the eu have dropped by 40% costing many billions

Boris johnson is an inexperienced brexit pm. Without brexit he wouldnt be in power. Its estimated that his dither in locking down the nation last march cost 20,000+ British lives. Many more died because he tried his best to save Christmas

And you call this a success?
970
25/03/2021 10:19:54 0 0
bbc
I don't recall promising anything.

Predicted maybe? Are you referring to no deal predictions or a last minute deal predictions?

Empty shelves have been avoided in Northern Ireland by already breaking the terms of the deal signed 3 months ago. Full checks on the UKs part have been unilaterally extended by another two years.

Give it time.
3
24/03/2021 10:05:57 224 22
bbc
Oh goody the price of cars has fallen. That'll help as I buy one nearly every other day.
13
Ray
24/03/2021 10:11:06 49 12
bbc
I might buy 2 as my mum would sarcastically say to my demand for a new toy, in case I break the first one !
21
24/03/2021 10:13:09 3 9
bbc
A £12,000 car that lasts five years costs you £200/month.
240
24/03/2021 11:02:40 4 6
bbc
You did note it is second hand cars - about 20,000 are bought and sold every day on average, so it is perfectly relevant.
263
24/03/2021 11:08:54 11 0
bbc
With car washes closed I always take mine back to the dealer when it needs cleaning and get a new one. The lower prices have made this possible.
279
24/03/2021 11:11:51 16 3
bbc
It's almost as if they keep changing what goes in the basket to try and convince you that you're wealthier than you really are...
494
24/03/2021 12:04:20 0 2
bbc
Good news for car buyers though, can’t please everyone.
611
24/03/2021 12:32:59 1 2
bbc
Typical metropolitan post! No idea that the rest of the country need their cars to go to work and get by!
797
24/03/2021 13:32:37 2 0
bbc
Have the prices of 2nd hand cars dropped or just readjusted to normal? My car died in the 2nd half of 2020, and I just stopped looking for a replacement. The price of poverty spec second hand cars spiralled and what you could get for £1,000 plunged. I was looking at buying cars barely any newer than the 2005 car I bought 7 years ago for £700. Look it says the price of 2nd hand increased in2020
4
24/03/2021 10:06:35 11 17
bbc
brexit is working
22
24/03/2021 10:13:13 7 11
bbc
Er. Food prices are tocketingvthanjs to brexit
29
24/03/2021 10:15:49 3 3
bbc
Says the man from monaco
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
18
24/03/2021 10:12:04 174 30
bbc
Totally agree they go up every week as sure as night follows day. And not by 1p- 5p but 10p - 20p. Tesco butter up 40p Aldi filtered milk up 24p. Cars may be cheaper but they don't cure hunger.
20
24/03/2021 10:12:46 36 34
bbc
The Brexit dividend
39
24/03/2021 10:10:57 11 12
bbc
Fuel prices are lower than they were in 2010.
56
24/03/2021 10:22:35 27 6
bbc
And food quantity is less for higher price. E.g. you only get 5 creme eggs in a box instead of 6. Maybe not the best example but hopefully makes the point
72
24/03/2021 10:26:09 19 33
bbc
"Food prices are up 10+%"

No they aren't.
98
24/03/2021 10:33:40 15 23
bbc
Since when. Not where I live.
108
AMc
24/03/2021 10:35:07 12 5
bbc
Inflation is measured across a wide range of products and services that we all use, you will always have ups and downs in areas, always have done.
It's quite simple really.
127
24/03/2021 10:38:13 11 17
bbc
Clearly you’re badly mistaken, where is your proof? ?????
156
24/03/2021 10:45:34 9 12
bbc
I don't know where you do your grocery shopping but you are talking absolute bollards.
386
24/03/2021 11:37:43 7 2
bbc
I don't know - I feel like my shopping price has increased. I don't think you see as many promotional offers as you once would have done.

And then there is that sneaky portion size decrease.
405
24/03/2021 11:41:29 1 5
bbc
You need to change where you shop. Quickly.
483
24/03/2021 12:00:52 1 1
bbc
Definitely omitting to mention food price increases. Mind you if they're putting electronic goods, cars and travel in the price index, it's clearly only inflation rates for the middle classes.
556
Pip
24/03/2021 12:19:30 3 0
bbc
The beer in my local went up 21% from £3.30 a pint to £4.00 a pint last year, I know it's not essential, but nevertheless it ain't 0.4% either...........?
624
24/03/2021 12:36:30 0 0
bbc
Our food bills haven't changed much this year, what are you buying that has gone up 10 %?
641
24/03/2021 12:43:04 0 1
bbc
Lighter weight people wear smaller clothes and use less fuel and eat less food.
803
24/03/2021 13:34:13 0 1
bbc
Total rubbish!! My shopping bill is down
807
24/03/2021 13:36:52 0 0
bbc
I am guessing you don't do the shopping
Or if you do, you don't keep records
Yes- food prices have gone up
6
24/03/2021 10:08:06 19 14
bbc
Bull ??
112
24/03/2021 10:36:03 15 14
bbc
I'm convinced by your succinct analysis
119
24/03/2021 10:37:29 2 1
bbc
Indeed. If you pay a mortgage the RPI is the true rate of inflation. That is now 1.4%.
158
24/03/2021 10:45:45 3 0
bbc
Yes that has gone up in price as well unless you know a friendly farmer. Fortunately the rhubarb in the garden is looking good so far.
7
24/03/2021 10:08:16 83 13
bbc
Good that inflation is low for those relying on savings in old age.

There is no interest on savings anymore.
138
24/03/2021 10:40:44 61 8
bbc
No interest because the Government and BoE have pushed rates to Zero. Result - inflation in Houses, Rent, Mortgages but 'hidden' from the figures.

Strange how the #1 expenditure item for most people is not included.
317
24/03/2021 11:19:44 1 0
bbc
Inflation is low temporarily. Interest received on savings 0.01%, BoE target inflation rate 2%.

Good for your retirement?
620
24/03/2021 12:35:22 2 0
bbc
These ultra-low interest rates, below the rate of inflation are pushing people to look for different investments to fund their old age, the main one being buy-to-let!

You cannot blame older people wanting to protect the value of their savings, but buy-to-let is not good either for young people wanting to buy or for elders being driven into increasingly risky investments.
672
24/03/2021 12:51:40 2 0
bbc
inflation has been above interest rates for years. A large savings account is a bad idea.
771
Ray
24/03/2021 13:25:24 2 0
bbc
When interest rates were 12 % - inflation was 15 %, today with inflation at the target 2% interest is /was 1 %, so currently any rate is better than the bad old days. No saving account ever beats inflation and that is a fact, so no matter which way you look at it savers are hit by inflation all the time.
8
24/03/2021 10:08:49 10 6
bbc
let's be honest the stock market and big corps will be after its lb of flesh back!
174
24/03/2021 10:49:43 1 0
bbc
I hope you are right, interest rates are so low now that I’ve started investing in a stocks and share ISA and pension funds need the top up too.
9
24/03/2021 10:09:32 337 30
bbc
Inflation down, no pay rises for anyone except the NHS, but council tax up by 5%
27
Tom
24/03/2021 10:15:10 113 11
bbc
It's about 7% in our area because there's the 4.5% increase in the standard rate plus an extra £50/year being introduced for garden waste as an "optional service".
114
24/03/2021 10:36:40 19 8
bbc
The London Mayor tax is up 8%!

Inflation figures have been meaningless since Blair!
134
AMc
24/03/2021 10:39:27 52 14
bbc
yep, and have you challenged your council as to why that is?

I bet almost no one has, but the single biggest part of the both council and local health authorities is Wages, be it police, teachers, health care workers, and alike.

DON'T scream from the rooftops demanding more pay for them, then complaining you're having to pay for it.
162
24/03/2021 10:47:07 30 58
bbc
Really getting tired of this narrative that "only" the NHS are getting a pay rise. We've been essentially getting a pay cut for the last 10+ years - perhaps those in the private sector should stop whining that it's the first time they HAVEN'T been given a pay rise.
231
24/03/2021 11:00:22 28 25
bbc
The Conservative designed stealth tax not linked to the ability to pay.

The tax linked to the ability to pay (PAYE) is beng held because in the manifesto it stated it wouldn't be raised, even though our debt burden is greater than at any point in history.

The Conservatives - still spaffing our money on PPE and Test, Track and Trace.
255
24/03/2021 11:07:04 11 5
bbc
Council tax frozen in Scotland :)
273
24/03/2021 11:10:33 3 2
bbc
Inflation falling on some items is temporary. Inflation overall will be much greater so in essence a 1% pay rise will end up being a wage cut.

As with the last time they went on a money-printing exercise, the inflation will fall somewhere significantly. Probably property prices again deepening inequality further.
292
24/03/2021 11:14:01 11 1
bbc
Given that central government funding to local authorities has plummeted since 2010, and given that business rates (which have been impacted) and council tax are the only source of income (other than fees and charges), I guess that they have no real choice
404
24/03/2021 11:41:15 7 3
bbc
Dominic Cummins was awarded a £40,000 a year rise.
409
24/03/2021 11:41:43 4 2
bbc
Council income decimated by Covid. You do the maths.
459
24/03/2021 11:56:54 7 3
bbc
NHS payrise ? Where please do show me. I am making less and less year on year in respect to the changing economic conditions. 1% is a £15/month increase. Council tax has increased more than £15 / month alone. Everyone who works in the NHS please listen to Lenny_123 as he seems to have information about a payrise. Please do enlighten the 1.3 million workers Lenny! Ears open.
473
24/03/2021 12:00:00 1 0
bbc
Not in Scotland. Frozen in all council areas 2021-2022.
554
24/03/2021 12:19:07 2 0
bbc
Not sure what the council's do with it all there must be a lot of waste somewhere!
Oh, and if you have all this extra money FIX THE ROADS please!!!
10
24/03/2021 10:09:59 87 15
bbc
"Economists had expected inflation to rise slightly"

why even bother asking what economists think? put 10 economists in a room and you'll get 12 different opinions
717
24/03/2021 13:06:06 14 1
bbc
Indeed - if economists knew what they were doing they'd all be kicking back on their private Caribbean island by now
730
24/03/2021 12:57:53 4 2
bbc
Remainers worship them though.
809
24/03/2021 13:37:30 1 0
bbc
Only 12. You must be assuming the discussions lasted less than an hour.
830
24/03/2021 13:51:41 1 1
bbc
Ah yes, the "We have had enough of experts" mantra... That always goes well doesn't it?

Did you even read the article? The ones cited literally stated similar things, which contradicts your argument. In where they all have the similar view where inflation will rise significantly some time later in the year.
966
25/03/2021 09:03:55 0 0
bbc
Put ten typical posters from here in a room and youll get ten very adamant opinions..it seems..mostly from people with no background in economics and mostly no business experience. Seems many have lost all sense of humility...so many experts on the economy...international trade....epedemics etc etc.
11
24/03/2021 10:10:21 5 14
bbc
Cue all the moans of " my bills are going up more than that"
46
24/03/2021 10:14:04 2 5
bbc
My bills ARE going up.

Water, power and council tax, the latter due to underfunding by central govt who squeeze grants to LAs.
123
Ant
24/03/2021 10:38:00 1 0
bbc
Bills are going up while the quality of service is going down. Even the size of chocolate bars have reduced while the price has stayed the same (like we're all so stupid that we can't work out that means we're getting less for our money).
2
24/03/2021 10:05:54 68 62
bbc
You mean despite Brexit?

Shouldn't we be facing sky-high prices, empty shelves, record interest rates, fiscal flights, runs on banks, stock market crashes, emergency budgets and 'the worst recession in history' by now ratehr than 'lower prices'?

The Remainers promised!

THEY PROMISED!
that might have something to do with this global pandemic that ahs caused prices to crash

dont think about it too hard though, you might need a sit down
Removed
32
24/03/2021 10:16:21 13 11
bbc
But surely a global pandemic PLUS Brexit would have completely destroyed the UK by now?

PMSL
3
24/03/2021 10:05:57 224 22
bbc
Oh goody the price of cars has fallen. That'll help as I buy one nearly every other day.
13
Ray
24/03/2021 10:11:06 49 12
bbc
I might buy 2 as my mum would sarcastically say to my demand for a new toy, in case I break the first one !
14
24/03/2021 10:11:14 1 7
bbc
Good news. And oil prices are falling for past 2 days so fuel should follow.
33
24/03/2021 10:16:25 5 1
bbc
Believe it when I see it!
48
24/03/2021 10:21:00 1 1
bbc
..... but £:$ exchange rate is falling, which will offset oil price drop....
15
24/03/2021 10:11:32 11 9
bbc
Neoliberalism just doesn't want to die.
87
24/03/2021 10:28:55 3 4
bbc
To be replaced with what though? Communism?
16
24/03/2021 10:11:32 2 5
bbc
Pyjamas and dressing gowns doubled in price, though.
Miss browsing in MandS underwear department. Nothing online comes close to M and S underwear nor their socks. Hopefully they won't be packing up soon as John Lewis have done in many places.
26
24/03/2021 10:14:26 8 4
bbc
Sounds a bit pervy
17
24/03/2021 10:11:43 78 4
bbc
Probably need to get rid of their old stock. Rent, council tax, electric, gas, food, public transport and flights I see going up.
36
SAM
24/03/2021 10:17:39 48 3
bbc
Agreed. All the stuff (except flights) that consumes the majority of normal peoples budgets each month.
323
24/03/2021 11:21:04 5 0
bbc
Don't forget phone and broadband at CPI + 3.9%, year on year!
666
24/03/2021 12:50:05 0 0
bbc
Yup. More people more expenses.
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
18
24/03/2021 10:12:04 174 30
bbc
Totally agree they go up every week as sure as night follows day. And not by 1p- 5p but 10p - 20p. Tesco butter up 40p Aldi filtered milk up 24p. Cars may be cheaper but they don't cure hunger.
64
24/03/2021 10:24:45 10 22
bbc
I suggest you change supermarkets
115
24/03/2021 10:37:03 7 21
bbc
I haven't seen this at all. My weekly shop costs pretty much exactly the same as it cost this time last year. If anything it's gone down a wee bit.

Maybe it's because I buy local stuff rather than the imported food that the big supermarkets stock.
196
24/03/2021 10:54:24 8 4
bbc
235
24/03/2021 11:01:14 10 5
bbc
& Tesco baby wipes went up 13p in a week & a box went up by £1 you can see how each item keeps adding & adding to weekly shops :-(
290
24/03/2021 11:13:44 4 7
bbc
10-20p a week? Lol, that's obviously absurd. So you're saying by next year a pint of milk or pack of butter will cost £5.20 more than now?
383
24/03/2021 11:36:41 7 5
bbc
What rubbish you write.I go to Tesco every two weeks and butter has not gone up .In fact I only buy unsalted and since December it has gone down from £1.49 to £1.48 .The only butter to change is the ones that are on special offer and they go up and down every month.For instance the lurpak 500gm pack is £3.75 and then drops to £2.75 and then goes up again.
392
24/03/2021 11:38:45 4 2
bbc
Fortnum's prices seem to be steady at the moment but Cook would be able to provide a better update
477
24/03/2021 11:53:54 2 0
bbc
Tesco butter this week: £1.49, the same as for the last couple of years.
Tesco 2pt milk 80p, the same as for as long as I can remember.
Fruit & veg prices unchanged & in some cases cheaper.
Tesco cheddar cheaper.
Meat prices unchanged
Chicken cheaper.

The only food prices I've seen go up are on "value added" foods which I don't buy & eggs (caused by bird flu restrictions).
735
24/03/2021 13:11:16 0 1
bbc
Brexit.
794
24/03/2021 13:31:22 0 0
bbc
You can't "cure" hunger any more than you can "cure" aging.

Anyone who can't afford food needs to take a serious look at themselves and their decision making. Stuff is cheap. Stop pretending you're in Nazi Germany you can get fed for a week on a fiver.
833
24/03/2021 13:53:24 0 0
bbc
Brexit.
959
24/03/2021 22:48:08 0 0
bbc
It is amazing how the super markets made large profits while half of the products in their stores weren't for sale.
965
25/03/2021 08:58:47 0 0
bbc
Food in this country is in fact incredibly cheap compared to other westernised countries..ive lived in several and people here just dont realise how low food prices are here. A trolley full of groceries in a supermarket here is considerably less..than in other broadly similar countries I can assure you.
19
MVP
24/03/2021 10:12:33 88 5
bbc
No surprise that clothes prices are reducing.

No where to go out to wear them.
97
24/03/2021 10:33:36 29 29
bbc
And many have used lockdown to learn how to knit their own.
155
AMc
24/03/2021 10:45:16 1 0
bbc
Well of course, inflation by sector goes up and down depending on social economic circumstance.
Next year food will probably drop again whilst clothing, eating out, etc. will go up.
That's why it's important to take a wide range of items/products/services into account.
801
Ray
24/03/2021 13:33:40 1 0
bbc
Missus bought a dress from M&S reduced to £10 from £65, nice but when will you actually wear it love ? We cannot go anywhere, do anything ,see anyone, so will it still fit when the lockdown is over ? Cue the tantrum and the rest. Fellas logic is not your Womans finest concept. Hear it from me.
828
24/03/2021 13:50:38 2 0
bbc
Completely agree.

For example.

Of my 30 pairs of pants & socks (some of which are over 10 years & in good operational order).
And with the gyms closed, short breaks and holidays currently curtailed approximently 23 pairs of my pants are currently on long term furlough awaiting better times ahead.

Replacement at the moment is not a priority option & definitely not necessary!
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
20
24/03/2021 10:12:46 36 34
bbc
The Brexit dividend
148
24/03/2021 10:43:55 21 9
bbc
Can you explain, with examples, how Brexit has caused the average price of all food products to rise by more than 10%?

I'd be interested to know
546
24/03/2021 12:18:35 2 6
bbc
Ha ha get over it man
816
24/03/2021 13:43:55 1 0
bbc
Yep. It is staggering how many on this HYS think that this has nothing to do with Brexit and can't even be bothered to do simple 5 second searches to find the answer.

https://www.consultancy.uk/news/26790/brexit-expected-to-lead-to-higher-food-prices-for-consumers

Food price rises are a direct result of Brexit.
3
24/03/2021 10:05:57 224 22
bbc
Oh goody the price of cars has fallen. That'll help as I buy one nearly every other day.
21
24/03/2021 10:13:09 3 9
bbc
A £12,000 car that lasts five years costs you £200/month.
251
24/03/2021 11:05:30 10 0
bbc
I have bought 7 cars in my life, all 2nd hand. The most I have spent is (I think) £3,800. We need to maintain cards better to make them last longer, as there is not reason why they shouldn't as long as they aren't built like rust-buckets.
397
xlr
24/03/2021 11:40:03 2 1
bbc
Ok, then let's calculate inflation on that petrol and those replacement parts instead.
4
24/03/2021 10:06:35 11 17
bbc
brexit is working
22
24/03/2021 10:13:13 7 11
bbc
Er. Food prices are tocketingvthanjs to brexit
30
Ray
24/03/2021 10:16:02 6 1
bbc
any one translate that ? Gibberish speaker needed !!
701
24/03/2021 12:57:37 1 0
bbc
ummygummy, what on earth does 'tocketingvthanjs' mean?
23
24/03/2021 10:13:15 125 23
bbc
The usual inflation calculation nonsense. Since when does the price of second hand cars have anything to do with the day-to-day cost of living?
38
24/03/2021 10:18:25 52 22
bbc
Most people who have a car usually have a s/h car.

They cost money and the cost changes over time

So why would you not include the monthly cost in the inflation figures.
55
24/03/2021 10:22:26 3 1
bbc
Totally agree flights, computer games, and many other essentials are in there!!!!!!!
65
24/03/2021 10:25:03 6 2
bbc
Look at it the other way... shouldn't it include the price of houses?

Even though you don't buy one every day, the cost is still a huge impact on the cost of living.
144
AMc
24/03/2021 10:42:29 3 0
bbc
well, ummm, Cars are typically the second largest/most expensive purchase any of us ever make. Typically saving up for years or taking loans to buy one, let alone run them.
So they are a major component and cost in our lives.
264
xlr
24/03/2021 11:09:11 0 0
bbc
I suppose that soon we'll all be living in our cars if this keeps up.
407
24/03/2021 11:41:32 6 1
bbc
Even though its not daily, If you buy a new car for £4k every 3 years its still £100 a month. (not including cost of running it)
Average food budget per month is £175.

So I think it is relevant to cost of living
616
24/03/2021 12:34:01 2 1
bbc
There are 6-7 million used car sales each year (2-25m new car sales). Average price is around £14,000. That is a lot of spending to ignore in calculating inflation.
658
24/03/2021 12:47:59 0 0
bbc
Devaluation, fuel, road tax, insurance, rescue service, MOT.
24
24/03/2021 10:13:45 15 11
bbc
One thing you can always guarantee is that economists are always surprised when their forecasts are wrong (which they invariably are) but it doesn't stop the BBC from wheeling them out at every opportunity and claiming that they are "experts".

It looks like that inflation busting nurses' pay rise isn't too bad after all.
34
24/03/2021 10:16:26 8 6
bbc
If nurses spent all their money on tat then 1% is fine
49
24/03/2021 10:21:07 3 2
bbc
I think the nurses’ point is not just the inflation figure from February 2021 but for the past several years.
57
24/03/2021 10:23:37 0 2
bbc
Wheeling them out when they doomsay you mean?
25
24/03/2021 10:13:47 67 13
bbc
Inflation is only really relative to earnings. My business has had a year without income and I've been excluded from government help, so for me inflation is running riot.
50
24/03/2021 10:21:13 26 88
bbc
With your powers of exaggeration you should work for the BBC
923
24/03/2021 17:20:31 0 0
bbc
High inflation is good, reduces the value of government debt. So let's have some. Of course we could do something about getting rich the proper way, making mining and growing things... Banks, housing, art, footballers and stars are just a waste. Pay engineers, famers, miners and production folk properly and let's all get rich
Pyjamas and dressing gowns doubled in price, though.
Miss browsing in MandS underwear department. Nothing online comes close to M and S underwear nor their socks. Hopefully they won't be packing up soon as John Lewis have done in many places.
26
24/03/2021 10:14:26 8 4
bbc
Sounds a bit pervy
831
24/03/2021 13:52:15 0 0
bbc
I don't know, I like the sound the sound of Miss Browsing.
9
24/03/2021 10:09:32 337 30
bbc
Inflation down, no pay rises for anyone except the NHS, but council tax up by 5%
27
Tom
24/03/2021 10:15:10 113 11
bbc
It's about 7% in our area because there's the 4.5% increase in the standard rate plus an extra £50/year being introduced for garden waste as an "optional service".
41
24/03/2021 10:19:14 27 15
bbc
Is it really 'extra' if its 'optional'?
300
24/03/2021 11:15:01 6 1
bbc
C/tax frozen in Scotland when a modest increase would have been better.
344
24/03/2021 11:29:59 4 2
bbc
We’ve been paying for garden waste collections for years, thought it was in everywhere.
481
24/03/2021 12:00:44 4 3
bbc
Just chop up garden waste and put in the normal waste or throw it in the road fight fire with fire
539
24/03/2021 12:17:17 1 1
bbc
Yeah but we're still all Greedy Capitalists according to Brainless Boris
569
24/03/2021 12:21:54 1 0
bbc
Only a fool pays for green waste removal. You just compost it. Get a domestic garden shredder to help if need be.
572
24/03/2021 12:08:26 0 0
bbc
just stick it in one of the free bins
28
24/03/2021 10:15:41 5 23
bbc
Poor brits, could only afford second-hand clothes and cars, the living standard is falling SHARPLY

Well, is that a penalty of brexit ?
42
24/03/2021 10:19:30 5 3
bbc
Falling SHARPLY?

Inflation still positive, and 0.4% is less than current 1-2% wage inflation.
71
stu
24/03/2021 10:27:28 1 2
bbc
Why is it there is always at least 1 muppet who feels they need to try and bring brexit into anything that is slightly down. Take it your still trying to say told you so (btw keep trying, it really does make you look like a child ??). Inflation always goes up and down and for this story brexit has nothing to do with it. Incase you haven't noticed there is a pandemic that has hindered bussiness
369
24/03/2021 11:33:44 1 1
bbc
Why are you even allowed to speak on here?. You do not even live in the UK. Shut up
4
24/03/2021 10:06:35 11 17
bbc
brexit is working
29
24/03/2021 10:15:49 3 3
bbc
Says the man from monaco
22
24/03/2021 10:13:13 7 11
bbc
Er. Food prices are tocketingvthanjs to brexit
30
Ray
24/03/2021 10:16:02 6 1
bbc
any one translate that ? Gibberish speaker needed !!
31
24/03/2021 10:16:09 8 8
bbc
Again the so called expert guessed wrong, maybe they should all get others jobs. Paid a fortune to make mistakes where do I apply?
that might have something to do with this global pandemic that ahs caused prices to crash

dont think about it too hard though, you might need a sit down
Removed
32
24/03/2021 10:16:21 13 11
bbc
But surely a global pandemic PLUS Brexit would have completely destroyed the UK by now?

PMSL
73
24/03/2021 10:28:10 16 8
bbc
Not really, Brexit is a slow, steady decline over many years. It's also superseded in the short term by the effects of the pandemic. I don't know why you're joking about the impacts, UK GDP fell by 9.9% last year which is astonishing. We're currently printing money to throw hundreds of billions at the problem which will store up problems for the future.
14
24/03/2021 10:11:14 1 7
bbc
Good news. And oil prices are falling for past 2 days so fuel should follow.
33
24/03/2021 10:16:25 5 1
bbc
Believe it when I see it!
24
24/03/2021 10:13:45 15 11
bbc
One thing you can always guarantee is that economists are always surprised when their forecasts are wrong (which they invariably are) but it doesn't stop the BBC from wheeling them out at every opportunity and claiming that they are "experts".

It looks like that inflation busting nurses' pay rise isn't too bad after all.
34
24/03/2021 10:16:26 8 6
bbc
If nurses spent all their money on tat then 1% is fine
35
24/03/2021 10:17:27 5 4
bbc
With all the money that’s been printed, sorry I mean, “Quantitative Easing”, inflation is bound to rise, isn’t it?
17
24/03/2021 10:11:43 78 4
bbc
Probably need to get rid of their old stock. Rent, council tax, electric, gas, food, public transport and flights I see going up.
36
SAM
24/03/2021 10:17:39 48 3
bbc
Agreed. All the stuff (except flights) that consumes the majority of normal peoples budgets each month.
413
24/03/2021 11:42:32 0 0
bbc
Although Energy costs are due to go up they fell by about the same last year so not much difference over two year period .The same with petrol.In real terms food prices have never been lower.Even 4 pints of milk has dropped by 6p in a year
37
24/03/2021 10:17:48 135 17
bbc
Why don't the figures include the inflation of the largest expenditure item we have in our lifetime?

Houses.

Whose interest is it to milk you for as much as they can without you noticing.
86
24/03/2021 10:28:05 178 136
bbc
600k immigrants a year for the last 10 years tends to put a lot of demand on housing demand and thus prices funnily enough. Most here seem to support that though.
102
24/03/2021 10:34:04 12 4
bbc
because usually, that is a rare purchase, maybe two or three times in your life, not a routine expenditure.

The Retail Price Index (RPI) includes mortgage interest payments, which fluctuate over the life of a loan, rather than the cost of the asset itself
143
24/03/2021 10:42:12 7 4
bbc
If you don’t notice then I suspect you’re either, not being milked, too stupid to notice, too wealthy to notice.
179
24/03/2021 10:50:22 1 3
bbc
Because inflation is used to determine interest rates. And one of the biggest factor in house prices are... interest rates. It’s very wide to decouple them. There are other measures of inflation that do include housing costs.
191
24/03/2021 10:53:32 0 1
bbc
Because you don’t buy one every week month or year
195
24/03/2021 10:54:20 3 0
bbc
RPI includes monthly housing costs but had the bizarre side effect that when interest rates went up to control inflation, that actually pushed RPI up too so 'inflation' increased. Property is a capital asset, like land, shares and bonds. It is pointless to measure asset price fluctuations as a component of inflation or you end up with the FTSE 100 setting the inflation rate.
311
24/03/2021 11:17:00 4 0
bbc
Because you're being manipulated into thinking you're wealthier than you are.
371
24/03/2021 11:34:15 1 0
bbc
The main cost of owning a house is your mortgage and I doubt that has changed in the past 12 months, so the underlying increase in house prices has no affect on inflation.
398
24/03/2021 11:40:10 2 0
bbc
Because we don't have house-price inflation. It's called a "boom" and is great news all-round. Apparently.
I don't understand why there can't be a sensible discussion about immigration without it straying into the topic of racism. The levels of immigration into the UK have been and continue to be too high and this puts pressure on public services, resources such as water supplies and is a significant factor behind the current housing shortage. It's about the number of immigrants, not their ethnicity. Removed
23
24/03/2021 10:13:15 125 23
bbc
The usual inflation calculation nonsense. Since when does the price of second hand cars have anything to do with the day-to-day cost of living?
38
24/03/2021 10:18:25 52 22
bbc
Most people who have a car usually have a s/h car.

They cost money and the cost changes over time

So why would you not include the monthly cost in the inflation figures.
128
24/03/2021 10:38:22 2 6
bbc
Because we don't buy one every week?
941
24/03/2021 19:08:20 0 0
bbc
Why not include a car - I've driven 800miles in the last year. Not the usual 8,000.
It's not normal and won't be when lockdown ends. Then I'll know all about the price at the pump rising again. That's why.
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
39
24/03/2021 10:10:57 11 12
bbc
Fuel prices are lower than they were in 2010.
418
24/03/2021 11:43:51 0 0
bbc
And they are still 3x what they should be.
40
24/03/2021 10:19:09 8 3
bbc
Wait for the shock as the petrol drops during C19 push it higher in the next couple of months - I suspect the impact of this not coming through will be down to some of the maths

ONS inflation is a not a great measure - it's simplifications means it is of pretty much no use to anyone except govt and they appear to take no notice of it if possible

Inflationary pressures always exist both ways
27
Tom
24/03/2021 10:15:10 113 11
bbc
It's about 7% in our area because there's the 4.5% increase in the standard rate plus an extra £50/year being introduced for garden waste as an "optional service".
41
24/03/2021 10:19:14 27 15
bbc
Is it really 'extra' if its 'optional'?
216
24/03/2021 10:57:18 21 4
bbc
Yes, because if you don't 'buy' the new service, there's a decrease in service provision. We call it an "opportunity cost" in economics. Easy ?
433
24/03/2021 11:49:06 2 0
bbc
Yes of course, because if was included in last year's service but not this year's, then the rise should be calculated on last year's sum minus the cost of the service that is no longer included.
479
24/03/2021 11:57:17 3 0
bbc
It is extra if was previously included and you want to continue it. They did that in my area a few years ago, but it is now £65 for garden waste.
28
24/03/2021 10:15:41 5 23
bbc
Poor brits, could only afford second-hand clothes and cars, the living standard is falling SHARPLY

Well, is that a penalty of brexit ?
42
24/03/2021 10:19:30 5 3
bbc
Falling SHARPLY?

Inflation still positive, and 0.4% is less than current 1-2% wage inflation.
43
24/03/2021 10:19:42 5 9
bbc
Inflation is a load of nonsense I'm afraid.
Petrol has been going 1p every few days and has been for a while. Food prices go up very often and sometimes by big chunks. Not a few percent but sometimes in huge jumps. Life is becoming very unaffordable.
61
24/03/2021 10:24:23 3 0
bbc
You say these prices are changing... by how much? Oh... that’s the definition of inflation...
106
24/03/2021 10:34:47 1 0
bbc
If you think now is unaffordable you weren't around in the 70's
296
24/03/2021 11:14:43 1 0
bbc
Petrol and diesel is now about the same price it was 3yrs ago so your wrong on that count, food has never been cheaper in real terms, you are just ill informed or self informed.
44
24/03/2021 10:19:50 46 6
bbc
Watch inflation rise in April when council tax increases start to show. And while travel abroad will be cheaper this summer, staycation prices are already much higher than last year.
It's gonna be a bumpy ride!
62
24/03/2021 10:24:41 46 13
bbc
getting goods into the country is way more expensive now too!! Its gone from £1500 roughly per container to £8/9000 per container!! Watch those costs get passed on!!
420
24/03/2021 11:44:23 1 5
bbc
Over the last ten years council tax has hardly gone up and most people do not realise it as only one person in a household pays it
626
Pip
24/03/2021 12:37:55 2 0
bbc
I live in South Devon, which is very fortunate, because I certinly couldn't afford to holiday down here.............?
Removed
11
24/03/2021 10:10:21 5 14
bbc
Cue all the moans of " my bills are going up more than that"
46
24/03/2021 10:14:04 2 5
bbc
My bills ARE going up.

Water, power and council tax, the latter due to underfunding by central govt who squeeze grants to LAs.
93
24/03/2021 10:32:48 0 0
bbc
Increases in central govt funding to councils would lead to increasas in income tax. What is the difference?
388
24/03/2021 11:38:04 0 1
bbc
Once again - if your council tax rose between January and Febuary, contact your council as this was an error

The council tax increase is from April and will be inclided in Mays CPI announcement
47
24/03/2021 10:14:49 11 5
bbc
Does CPI include the price of Freddo's?
14
24/03/2021 10:11:14 1 7
bbc
Good news. And oil prices are falling for past 2 days so fuel should follow.
48
24/03/2021 10:21:00 1 1
bbc
..... but £:$ exchange rate is falling, which will offset oil price drop....
101
24/03/2021 10:34:01 0 0
bbc
Good point
24
24/03/2021 10:13:45 15 11
bbc
One thing you can always guarantee is that economists are always surprised when their forecasts are wrong (which they invariably are) but it doesn't stop the BBC from wheeling them out at every opportunity and claiming that they are "experts".

It looks like that inflation busting nurses' pay rise isn't too bad after all.
49
24/03/2021 10:21:07 3 2
bbc
I think the nurses’ point is not just the inflation figure from February 2021 but for the past several years.
381
24/03/2021 11:35:59 2 0
bbc
I think the nurses point is more than that. They were heralded as the nations heroes a few months ago. People stood in the safety of their own doorways, applauding the selfless doctors and nurses, who were putting not only their own lives, but the lives of their immediate families at risk. Despite inadequate PPE, they did not refuse to work, did not complain, just got on with saving lives.
25
24/03/2021 10:13:47 67 13
bbc
Inflation is only really relative to earnings. My business has had a year without income and I've been excluded from government help, so for me inflation is running riot.
50
24/03/2021 10:21:13 26 88
bbc
With your powers of exaggeration you should work for the BBC
120
24/03/2021 10:37:33 8 0
bbc
Everyone will experience inflation differently, depending on what you buy and spend your money on.

The headline rate is an aggregated average of what UK consumers as a whole are spending on. For some, it will naturally be higher, some lower.
617
24/03/2021 12:34:34 5 2
bbc
With your ignorance you should work for the government! probably as a minister
51
24/03/2021 10:21:56 10 6
bbc
I just don't believe these calculations. Petrol has shot up, the weekly food shop is way up, electricity up, gas up, broadband up, council tax up. Cars and toys! Do us a favour.
76
24/03/2021 10:28:35 1 2
bbc
So you’re denying the maths?
77
24/03/2021 10:28:52 0 0
bbc
Actually, arithmetic.
249
24/03/2021 11:05:19 0 2
bbc
I assume if it was bad news you would choose to believe it then? Wow! You invent your own truth and reality #?? Rossics ??
52
24/03/2021 10:18:49 18 16
bbc
This will add further pressure on everyones finances.

I ENCOURAGE YOU ALL TO DO WHAT YOUR PARENTS OR GRANDPARENTS TOLD YOU - AND START SAVING,

Its no good say "i dont have enough money to save" - cut down on your expenses.

The country is fiscally hilarious.
83
24/03/2021 10:30:40 10 9
bbc
"Global warming helps my suntan" says all we need to know about you.
90
24/03/2021 10:32:07 7 0
bbc
Unfortunately, for some it's not that easy or simple.

I know I've saved some money simply because I'm not going out and about buying things I don't need, forcing me to clear other stuff I already own out to make space for the new stuff. That's one thing that this pandemic has taught me - I don't need an awful lot of the stuff I normally spend money on! I may want it, but that is very different
202
24/03/2021 10:55:13 1 2
bbc
What complete rubbish. If you spent £250k on a house 10 yrs ago, you may yield circa 20% return . The equivalent in a bank at 0.5% would yield a pitiful amount. Ignore the advice of the olds, as living in a two up two down, having 6 kids and living on bread and stew is no life at all. Be happy, enjoy ; spend; but don't spend too hard. Saving for its own sake is not financially lucrative!
221
24/03/2021 10:58:06 1 1
bbc
What's the point of saving without earning Interest?. You can spend wisely using the likes of Cash Back sites and loyalty schemes and stretch your money that way, whilst boosting the economy , which hopefully benefits us all .
260
24/03/2021 11:08:09 3 1
bbc
Save your money? What your grandparents didn't tell you is that even if you pass up on trivial pleasures most of your life, with zero intetest rates, increased rents, council tax, electricity prices etc etc once you retire your savings dissappear extremely quickly.
53
24/03/2021 10:19:34 2 10
bbc
Inflation is taxation.
67
24/03/2021 10:25:28 3 1
bbc
But good for wheelbarrow sales
80
24/03/2021 10:29:34 2 0
bbc
No Satoshi, it isn't.
116
24/03/2021 10:37:04 0 0
bbc
Magic internet money will save us. Free money for all!
54
bbc
Removed
23
24/03/2021 10:13:15 125 23
bbc
The usual inflation calculation nonsense. Since when does the price of second hand cars have anything to do with the day-to-day cost of living?
55
24/03/2021 10:22:26 3 1
bbc
Totally agree flights, computer games, and many other essentials are in there!!!!!!!
893
24/03/2021 15:43:23 0 0
bbc
Of course they are. The index is based on what people are actually buying, weighted by frequency and other factors. It isn't an Essentials Price Index.
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
56
24/03/2021 10:22:35 27 6
bbc
And food quantity is less for higher price. E.g. you only get 5 creme eggs in a box instead of 6. Maybe not the best example but hopefully makes the point
298
24/03/2021 10:52:52 7 2
bbc
Good Lord. Cream egg crisis!
434
24/03/2021 11:49:10 4 3
bbc
Creme eggs are not food, just junk to make you fat. Even 5 is too many
642
24/03/2021 12:43:06 2 0
bbc
Lets not add that a famous certain chocolate manufacturer with predominately purple packaging are regularly short changing everyone by suppling chocolate bars that are just slightly underweight.
A recent purchase of a pack of four revealed three were less than the stated 26.1g. One was only 25.2g. My microscales are calibrated before anyone comes back with that comment.
905
24/03/2021 16:18:16 0 0
bbc
Thought you were talking about food, not inessential and harmful junk
24
24/03/2021 10:13:45 15 11
bbc
One thing you can always guarantee is that economists are always surprised when their forecasts are wrong (which they invariably are) but it doesn't stop the BBC from wheeling them out at every opportunity and claiming that they are "experts".

It looks like that inflation busting nurses' pay rise isn't too bad after all.
57
24/03/2021 10:23:37 0 2
bbc
Wheeling them out when they doomsay you mean?
58
24/03/2021 10:23:51 3 9
bbc
inflation measures are stupid.

the average person cant eat a car
79
24/03/2021 10:29:05 2 0
bbc
"the average person cant eat a car" - I think you misunderstand what is meant by "basket of goods"
59
Leo
24/03/2021 10:23:53 0 4
bbc
If a government is using `quantative easing'; printing money which our government is doing. Then inflation is irrelevant.

As the `normal' economic rules do not apply.
60
24/03/2021 10:24:21 38 21
bbc
So a 1% pay rise is very generous!
69
24/03/2021 10:26:07 48 13
bbc
Any payrise is generous

Especially if your pension promise is the equivalent to 50% of your pay
89
24/03/2021 10:31:44 6 5
bbc
"Samuel Tombs, chief UK economist at Pantheon, said that despite inflation's "sudden drop due to temporary weakness in clothing prices" he still expected the rate to exceed 2% later this year" The Office for Budget Responsibility forecasts that it will rise to 1.5% this year, which will make the 1% rise a real term cut.

So not that generous.
484
xlr
24/03/2021 12:00:59 4 12
bbc
Not for the people who stopped 2.2m people from dying of covid.

2.2m was what I calculated from the original death rate and what would have happened if the NHS had collapsed. Much like Brazil is doing.

"You saved the country. Here's a pay cut. Meanwhile, we won't tax pensioners more because they vote for us."

Nice...
Countries all over the EU / ROW are rewarding their heroic health workers with large bonuses /pay rises as a thank you for the risk they took and the hard work they did to keep us healthy

Amazingly many Torys (who tend to be older and so were far more at risk then the general pop) are against this & see to agree with Boris that the money should be spent buying new nuclear warheads instead

Crazy!
648
24/03/2021 12:45:11 1 2
bbc
Didn't take long for all the post clangers to turn.
43
24/03/2021 10:19:42 5 9
bbc
Inflation is a load of nonsense I'm afraid.
Petrol has been going 1p every few days and has been for a while. Food prices go up very often and sometimes by big chunks. Not a few percent but sometimes in huge jumps. Life is becoming very unaffordable.
61
24/03/2021 10:24:23 3 0
bbc
You say these prices are changing... by how much? Oh... that’s the definition of inflation...
44
24/03/2021 10:19:50 46 6
bbc
Watch inflation rise in April when council tax increases start to show. And while travel abroad will be cheaper this summer, staycation prices are already much higher than last year.
It's gonna be a bumpy ride!
62
24/03/2021 10:24:41 46 13
bbc
getting goods into the country is way more expensive now too!! Its gone from £1500 roughly per container to £8/9000 per container!! Watch those costs get passed on!!
154
24/03/2021 10:45:14 3 11
bbc
Don’t think so.
173
24/03/2021 10:49:38 6 2
bbc
I take it by the downvotes either some have their heads in the sand or their fingers in their ears. What you say has been all over the news. Anyone care to explain why the think the cost will not be passed on.
679
24/03/2021 12:53:12 0 2
bbc
Buy local and be more self dependent
924
24/03/2021 17:23:02 0 0
bbc
No it's way way way too cheap and far too easy. Let's quadruple the price of BMW's and people will instead but Sunderland Nissan's giving this country a boost. A Jag not a Merc would help, a mini not a Renault. Then we could justify new car plants for local demand creating jobs and wealth and some stuff to export
63
24/03/2021 10:24:42 72 22
bbc
I dont want a cheaper car or clothes

I WANT CHEAPER HOUSES!!
110
24/03/2021 10:35:49 30 13
bbc
At least two people don't want you to have cheaper houses. That's nice of them.
163
24/03/2021 10:47:11 6 12
bbc
You can't always have what you want. The price is irrelevant. If you bought one and it devalued, you'd moan (or be in negative equity); if you need one you want one for nowt. Just borrow and repay and in a few years that investment will begin to pay off - just don't over-borrow !
258
24/03/2021 11:07:50 2 1
bbc
How many?
673
24/03/2021 12:52:04 2 0
bbc
You probably can get a cheaper house but in a cheaper area.
733
24/03/2021 12:59:27 1 1
bbc
According to the ONS, there are more than 10 million foreign born people in the UK, which rises by around 300,000 per year, net.

Good lucking competing for affordable housing.
750
24/03/2021 13:18:33 1 1
bbc
Totally agree. The boomers saying 'work harder' are selectively ignoring the fact that house prices have risen grotesquely compared to salaries. It helps hide the fact that their wealth is largely down to being born at the right time.
761
24/03/2021 13:24:44 0 0
bbc
Sunak and Johnson want to subsidize the house construction cartel (their donors) ...so there is little chance of that. Good luck!
920
24/03/2021 17:13:45 0 0
bbc
To me (Covid restructions and its effects aside) the two main reasons people who work have a lower quality of life and not enough money are:-

1) We don't build enough houses to meet the needs of the people, hence overpriced, people in multi-occupancy etc.

2) We tax people into being poor - especially with council tax.
961
24/03/2021 23:12:25 0 0
bbc
Should have voted to leave the EU in 1974 then.
18
24/03/2021 10:12:04 174 30
bbc
Totally agree they go up every week as sure as night follows day. And not by 1p- 5p but 10p - 20p. Tesco butter up 40p Aldi filtered milk up 24p. Cars may be cheaper but they don't cure hunger.
64
24/03/2021 10:24:45 10 22
bbc
I suggest you change supermarkets
23
24/03/2021 10:13:15 125 23
bbc
The usual inflation calculation nonsense. Since when does the price of second hand cars have anything to do with the day-to-day cost of living?
65
24/03/2021 10:25:03 6 2
bbc
Look at it the other way... shouldn't it include the price of houses?

Even though you don't buy one every day, the cost is still a huge impact on the cost of living.
66
24/03/2021 10:25:16 2 2
bbc
Quatitative easing (or printing money) is an artificial upward inflation pressure

Bizarrely it gives the govt an economy dampening tool it has never had before should we get runaway growth

Indeed just the threat of unwinding QE probably subdues the asset markets even if it's not very likely - it will be a depressing factor of optimism in the good times
53
24/03/2021 10:19:34 2 10
bbc
Inflation is taxation.
67
24/03/2021 10:25:28 3 1
bbc
But good for wheelbarrow sales
68
24/03/2021 10:25:36 6 8
bbc
Its not cow farts killing the planet, its clothing humans.

If you want to protest over global warming, do it naked.
131
24/03/2021 10:38:39 4 0
bbc
No, I'd rather they didn't. Just looking at the faces of some of those protesters makes me shudder to think what's underneath all those clothes.
60
24/03/2021 10:24:21 38 21
bbc
So a 1% pay rise is very generous!
69
24/03/2021 10:26:07 48 13
bbc
Any payrise is generous

Especially if your pension promise is the equivalent to 50% of your pay
74
24/03/2021 10:28:16 13 3
bbc
But that doesn't enrage the unions and sell papers.
698
24/03/2021 12:57:01 2 0
bbc
Perhaps you'd like to ban public sectors workers from having pension schemes? After all, just because they've paid for something doesn't mean they should have it.
70
24/03/2021 10:25:22 7 3
bbc
Come now everyone, we must brave the good news - bravely.
28
24/03/2021 10:15:41 5 23
bbc
Poor brits, could only afford second-hand clothes and cars, the living standard is falling SHARPLY

Well, is that a penalty of brexit ?
71
stu
24/03/2021 10:27:28 1 2
bbc
Why is it there is always at least 1 muppet who feels they need to try and bring brexit into anything that is slightly down. Take it your still trying to say told you so (btw keep trying, it really does make you look like a child ??). Inflation always goes up and down and for this story brexit has nothing to do with it. Incase you haven't noticed there is a pandemic that has hindered bussiness
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
72
24/03/2021 10:26:09 19 33
bbc
"Food prices are up 10+%"

No they aren't.
647
24/03/2021 12:45:04 1 0
bbc
more like 20%
32
24/03/2021 10:16:21 13 11
bbc
But surely a global pandemic PLUS Brexit would have completely destroyed the UK by now?

PMSL
73
24/03/2021 10:28:10 16 8
bbc
Not really, Brexit is a slow, steady decline over many years. It's also superseded in the short term by the effects of the pandemic. I don't know why you're joking about the impacts, UK GDP fell by 9.9% last year which is astonishing. We're currently printing money to throw hundreds of billions at the problem which will store up problems for the future.
181
24/03/2021 10:51:17 9 14
bbc
It's a slow steady decline? Is it? Any chance you can pick some winning numbers for me with that crystal ball of yours?
224
24/03/2021 10:58:36 3 5
bbc
Astonishingly low considering the pandemic, wait for the massive bounce back.
69
24/03/2021 10:26:07 48 13
bbc
Any payrise is generous

Especially if your pension promise is the equivalent to 50% of your pay
74
24/03/2021 10:28:16 13 3
bbc
But that doesn't enrage the unions and sell papers.
75
24/03/2021 10:28:24 21 5
bbc
Nice to see all those economists proven wrong ... again. Though they are already explaining why they were wrong so they can appear right and then talk about the next prediction ... oh to be paid to guess, get it wrong and still get paid.
137
24/03/2021 10:40:27 4 15
bbc
and think tank, too
918
24/03/2021 16:47:47 0 0
bbc
Why, because you know more than the economists?
51
24/03/2021 10:21:56 10 6
bbc
I just don't believe these calculations. Petrol has shot up, the weekly food shop is way up, electricity up, gas up, broadband up, council tax up. Cars and toys! Do us a favour.
76
24/03/2021 10:28:35 1 2
bbc
So you’re denying the maths?
437
24/03/2021 11:50:26 1 0
bbc
No. Rossics is denying the facts and the methodology as being accurate, I'd say, and I'd agree. I'd like to see a rational explanation of why CPI is deemed more accurate than RPI, and then if it is why RPI is still being used as benchmark for price rises in rail fares, and mobile phone charges and similar if it is so discredited.
51
24/03/2021 10:21:56 10 6
bbc
I just don't believe these calculations. Petrol has shot up, the weekly food shop is way up, electricity up, gas up, broadband up, council tax up. Cars and toys! Do us a favour.
77
24/03/2021 10:28:52 0 0
bbc
Actually, arithmetic.
78
24/03/2021 10:28:56 16 9
bbc
I always love reading HYS after any economic news story. The range of rants and pet peeves (many of which are basically the same as their authors contribute to every HYS, regardless of the subject) truly restores one's faith in the ignorance of the great British public. Good job so few schools teach economics, otherwise there's a risk voters might start to understand the world around them!
105
24/03/2021 10:34:38 10 2
bbc
Stray into the HYS comments and weep for the nation
194
24/03/2021 10:54:15 1 0
bbc
Come on, HYS is the last place to look if you want sensible discussions of anything.
200
24/03/2021 10:54:54 1 0
bbc
It would appear the economic illiteracy of the general public is on a par with the economists with failed to see the financial crash looming .
58
24/03/2021 10:23:51 3 9
bbc
inflation measures are stupid.

the average person cant eat a car
79
24/03/2021 10:29:05 2 0
bbc
"the average person cant eat a car" - I think you misunderstand what is meant by "basket of goods"
53
24/03/2021 10:19:34 2 10
bbc
Inflation is taxation.
80
24/03/2021 10:29:34 2 0
bbc
No Satoshi, it isn't.
81
24/03/2021 10:29:46 170 16
bbc
Convenient that Council Tax is never included in the calculation.....!
182
24/03/2021 10:51:58 39 70
bbc
As council tax is taxation (the clue is in the name) it's not included. It's not a product or service that you are purchasing.
775
24/03/2021 13:26:29 1 0
bbc
Yep, that's what happens after ten years of Tory austerity, cuts to local council funding. The Tories then said the council's could have extra money but only if they raised council tax as well. Never trust a Tory.
891
24/03/2021 15:47:31 0 0
bbc
It is though. Consumer Price Index Housing, Section 04.9, Council Tax and Rates (N.I.).
82
24/03/2021 10:30:06 9 5
bbc
Experts seem to be very good at getting it wrong.
297
24/03/2021 11:14:56 0 0
bbc
Clearly the need to consult with HYS on every subject
52
24/03/2021 10:18:49 18 16
bbc
This will add further pressure on everyones finances.

I ENCOURAGE YOU ALL TO DO WHAT YOUR PARENTS OR GRANDPARENTS TOLD YOU - AND START SAVING,

Its no good say "i dont have enough money to save" - cut down on your expenses.

The country is fiscally hilarious.
83
24/03/2021 10:30:40 10 9
bbc
"Global warming helps my suntan" says all we need to know about you.
84
ken
24/03/2021 10:30:54 2 6
bbc
So car and chips for dinner and a sprinkling of clothes for dessert because their cheaper than food?
276
24/03/2021 11:11:21 0 0
bbc
You clearly have no understanding of how inflation is calculated, hundreds of items are assessed with a different weighting allocated to each one.
85
ron
24/03/2021 10:31:03 1 5
bbc
clothing and footwear prices fell did they? Whoever compiles these stats obviously isn't interested in sport as prices have never been higher.
37
24/03/2021 10:17:48 135 17
bbc
Why don't the figures include the inflation of the largest expenditure item we have in our lifetime?

Houses.

Whose interest is it to milk you for as much as they can without you noticing.
86
24/03/2021 10:28:05 178 136
bbc
600k immigrants a year for the last 10 years tends to put a lot of demand on housing demand and thus prices funnily enough. Most here seem to support that though.
113
24/03/2021 10:36:16 42 43
bbc
Where are you citing this figure from? Surely the problem is not building enough affordable houses ?
118
24/03/2021 10:37:15 28 26
bbc
Very true. Interestingly, the other Have Your Say has people dismissing the PM's comments about the benefits of Capitalism and the free market,

But when it comes to the free trade of people, suddenly they're an incredibly laissez-faire bunch...i.e: the flow of money should be intensely regulated, but a blind eye and a shrug of the shoulders should be applied to the issue of the flow of people.
125
24/03/2021 10:38:09 53 44
bbc
The largest population increase is due to UK births. Strange how most of you ignore that and want to demonise 'others'.
600k per year and multiplying exponentially once here!

THAT'S the problem!
Removed
206
24/03/2021 10:55:42 6 6
bbc
I think you'll find that printing unlimited quantities of money via Quantitative Easing has a much bigger effect on asset prices than a few extra people. Why do you think the stock market is booming?
207
24/03/2021 10:43:49 8 9
bbc
about 3 million EU immigrants live in uk
212
24/03/2021 10:56:13 8 7
bbc
Are you suggesting that inflation is caused by the importation of rubber dinghys?

__________________________
232
24/03/2021 11:00:45 5 2
bbc
Where I live it's very unusual to see an immigrant. What do they look like?
257
xlr
24/03/2021 11:07:48 11 15
bbc
The immigrants are all gone. You can stop playing that card now to distract for the terrible job Conservative economics are doing and have always done.
389
24/03/2021 11:38:06 6 3
bbc
when you haven't even finished vaccinating the over fifties, and you've still vaccinated half the population of England, you get a glimpse of 'why' we 'have' to keep shipping young people in....

We're an old dying people, and if I was young again there's no way I'd have kids anyway, I simply couldn't afford a decent life for them. We need MORE houses, whoever goes in them
Only if they come via the proper channel not THE Channel !! Removed
But you lot are strangely silent on Boris allowing blue passports to nearly 6 million Hong Kong residents which China could dump on us. The Tories have had 10 years to reduce immigration they failed to do so because out of the 600k you mentioned includes those working & studying Around 50k are the immigrants that you are racially referring to, a much lower figure Removed
I fully support immigration. Immigrants are generally smarter, younger and more economically active than those who sit at home reading the Daily Fail and complaining about immigrants all day. Better for our country in the long run. Which if you knew your history? Is largely built on successive waves of immigration.

Link to the original article? Immigration is good for the economy.
Removed
15
24/03/2021 10:11:32 11 9
bbc
Neoliberalism just doesn't want to die.
87
24/03/2021 10:28:55 3 4
bbc
To be replaced with what though? Communism?
88
24/03/2021 10:28:58 8 12
bbc
Take ownership of YOUR money.

SAVE SAVE SAVE.

No treats. No unnecessary subscriptions. No new car. No gym membership. No unrequired TV channels. No new clothes. No NOTHING.

FURLOUGH ONLY EXISTS BECAUSE PEOPLE DON'T HAVE SAVINGS. THE TAXPAYER IS LITERALLY SUBSIDISING THOSE WHO CAN'T BE BOTHERED TO SAVE MONEY FOR A RAINY DAY.
100
24/03/2021 10:33:56 4 2
bbc
This isn't a rainy day. This is the government mandating that we should not be going to a place of work. The two are not the same.
122
24/03/2021 10:37:55 1 0
bbc
Difficult when our entire economy is debt fuelled. Debt is the life-blood of banks, and they are in charge now.

However, you are right. Don't waste and only buy what you need. Poverty is voluntary.
129
24/03/2021 10:38:23 1 0
bbc
If we let them starve we would have revolution. Even Trump and Biden have handed out untold billions in support.
130
24/03/2021 10:38:38 0 0
bbc
I'm one of these people who save, but the problem is the world has changed. When you could get 6% in an ISA it was worth it. Now I lose money every year to inflation.

Debt is so cheap and the irresponsible are bailed out by the taxpayer time and time again. Next up, 5% taxpayer (not government) backed mortgages.
147
24/03/2021 10:43:44 2 0
bbc
Why is the govt. allowing huge increases by BT and electricity companies, especially during a pandemic? Why aren’t we all in this together?
152
24/03/2021 10:45:04 2 0
bbc
Isn't it wonderful? We love the magic money tree.
60
24/03/2021 10:24:21 38 21
bbc
So a 1% pay rise is very generous!
89
24/03/2021 10:31:44 6 5
bbc
"Samuel Tombs, chief UK economist at Pantheon, said that despite inflation's "sudden drop due to temporary weakness in clothing prices" he still expected the rate to exceed 2% later this year" The Office for Budget Responsibility forecasts that it will rise to 1.5% this year, which will make the 1% rise a real term cut.

So not that generous.
166
24/03/2021 10:48:00 4 7
bbc
These are the same people who said inflation would rise in February. The 1% pay rise is for last year not the following year so your twisting the facts to suit your own negative narrative.
428
24/03/2021 11:48:06 4 2
bbc
No it would not be a pay cut as they had a rise last year which exceeded inflation and are having one now based on the current inflation rate.When they do next years they will use the inflation rate at the end of the year.Two of my children work for the NHS and one child and wife work in teaching.Many people over the last year have had no increases but reductions so is fair.I think it will be 2%
592
24/03/2021 12:29:04 0 2
bbc
But that doesn't suit the Daily Mail and the Tories - ''greedy capitalism is a good thing'' agenda. Heading back to the 80s.
52
24/03/2021 10:18:49 18 16
bbc
This will add further pressure on everyones finances.

I ENCOURAGE YOU ALL TO DO WHAT YOUR PARENTS OR GRANDPARENTS TOLD YOU - AND START SAVING,

Its no good say "i dont have enough money to save" - cut down on your expenses.

The country is fiscally hilarious.
90
24/03/2021 10:32:07 7 0
bbc
Unfortunately, for some it's not that easy or simple.

I know I've saved some money simply because I'm not going out and about buying things I don't need, forcing me to clear other stuff I already own out to make space for the new stuff. That's one thing that this pandemic has taught me - I don't need an awful lot of the stuff I normally spend money on! I may want it, but that is very different
91
24/03/2021 10:32:08 43 16
bbc
Nurses pay rise looking better then!
99
24/03/2021 10:33:52 23 37
bbc
Feel free to change jobs and sign up then
107
24/03/2021 10:35:03 14 3
bbc
Particularly considering that so many others won't be getting one at all!
Then get a job and do it.

Would yoy risk your life for an extra £3.50 a week?
577
24/03/2021 12:23:02 3 0
bbc
Double inflation rate. That’s 5% more than my increase last year.
718
24/03/2021 13:06:10 2 1
bbc
There's loads of vacancies for Nurses - go for it.
2
24/03/2021 10:05:54 68 62
bbc
You mean despite Brexit?

Shouldn't we be facing sky-high prices, empty shelves, record interest rates, fiscal flights, runs on banks, stock market crashes, emergency budgets and 'the worst recession in history' by now ratehr than 'lower prices'?

The Remainers promised!

THEY PROMISED!
92
24/03/2021 10:32:37 12 6
bbc
Also we don't actually have "lower prices", we have higher prices overall hence inflation being a positive figure. Some items have gone down including clothes, footwear and cars. Most have gone up including fuel. Most of the rest of your post is complete drivel that you've basically invented yourself.
46
24/03/2021 10:14:04 2 5
bbc
My bills ARE going up.

Water, power and council tax, the latter due to underfunding by central govt who squeeze grants to LAs.
93
24/03/2021 10:32:48 0 0
bbc
Increases in central govt funding to councils would lead to increasas in income tax. What is the difference?
94
24/03/2021 10:29:47 3 3
bbc
Housing prices have increased, on average 8% per year since the 1970s. This is the largest expense that most people have. 0.8% is a lie to make 1% or 2% pay increases seem OK.
124
24/03/2021 10:38:03 1 4
bbc
But not everyone is buting houses each week are they! So that only affects a few people in the general scheme of things!
95
24/03/2021 10:33:09 0 2
bbc
unflation
96
AMc
24/03/2021 10:33:27 19 12
bbc
no No NO!
This was not supposed to happen.
The Remaoners told us we'd be in inflation hell by now.
969
25/03/2021 10:13:11 0 0
bbc
Give it a few months to filter through
19
MVP
24/03/2021 10:12:33 88 5
bbc
No surprise that clothes prices are reducing.

No where to go out to wear them.
97
24/03/2021 10:33:36 29 29
bbc
And many have used lockdown to learn how to knit their own.
272
xlr
24/03/2021 11:09:59 9 0
bbc
They knit their own trousers, underwear and coats?
788
24/03/2021 13:29:54 2 0
bbc
A knitted swimsuit ? I see problems ahead.
5
jki
24/03/2021 10:06:45 222 35
bbc
Food prices are up 10+%........what nonsense is this story?
98
24/03/2021 10:33:40 15 23
bbc
Since when. Not where I live.
151
24/03/2021 10:44:36 13 3
bbc
Have you taken into account the smaller package sizes a lot of prices are the same yet 1kg pack are now 900g price rise by stealth.
650
24/03/2021 12:45:47 3 0
bbc
my monthly bill has gone up about £50 per month, one person, same products. Food prices have gone up - FACT
91
24/03/2021 10:32:08 43 16
bbc
Nurses pay rise looking better then!
99
24/03/2021 10:33:52 23 37
bbc
Feel free to change jobs and sign up then
375
24/03/2021 11:35:17 7 7
bbc
Someone had to work in the private sector to pay tax and fund the nurses pay and pensions.
88
24/03/2021 10:28:58 8 12
bbc
Take ownership of YOUR money.

SAVE SAVE SAVE.

No treats. No unnecessary subscriptions. No new car. No gym membership. No unrequired TV channels. No new clothes. No NOTHING.

FURLOUGH ONLY EXISTS BECAUSE PEOPLE DON'T HAVE SAVINGS. THE TAXPAYER IS LITERALLY SUBSIDISING THOSE WHO CAN'T BE BOTHERED TO SAVE MONEY FOR A RAINY DAY.
100
24/03/2021 10:33:56 4 2
bbc
This isn't a rainy day. This is the government mandating that we should not be going to a place of work. The two are not the same.
192
24/03/2021 10:38:17 1 1
bbc
They are exactly the same,

A rainy day is what happens when you lose your job. This situation is identical.

Others have found jobs where they can work from home and get paid - therefore not relying on companies who take furlough