What is everyones views on the Uk inflation?

Question

i just want to know what everyone thinks about the Uk inflation going up again now to 3%

Answer 1

Well, at approaching four per cent, its much bigger than the UK.gov insist. In fact, we now learn that inflation or more to the point 'creeping inflation' has actually been growing faster over the last 10 years of Tory Blair miss-rule, than it did under the Thatcherite Dictatorship.

If the economists were to show the real rate of inflation, it would need to include the increase in house prices as well as the usual every day items that we have in our shopping. Also fuel prices are up. It's simply not good enough for Blur to claim this is the cause - it is much more likely to have been caused by profligate UK.gov spending and 'not fit for purpose' planning.

Answer 2

I, too, remember the 70s and I'm amazed that anyone could ever vote for them again. Yes, interest rates up, inflation up, house repossessions up, taxes up, good money thrown after bad.It will only get worse because Gordon Brown is a socialist chancellor and the only evidence that he is a good chancellor is that he tells us he is. Gordon Brown only did well at first because he followed the Conservatives monetary policy.but no longer does so. Good old Labour. I hope someone's benefitting because most of us aren't.

Answer 3

To be ordinary with the questioner there could desire to have been extra advantageous disagreements between this Labour government and the commerce Union flow;it relatively is that if the commerce Union flow had carried out its pastime sturdy! relatively;they could and could desire to have seen the tip results of Gordon Incompetent Brown's financial rules.yet have stood silently with recommendations from in fact finding on as a with recommendations from stander. yet relatively anybody and that incorporates commerce Union Leaders have a value for their silence;yet what's that cost? Is it a threat-loose Labour seat on the subsequent ordinary Election? Politics and commerce Unionism bypass in very mysterious concepts!To get a 'toe carry' on the 'Gravy prepare'!

Answer 4

It is very wrong that inflation is rocketing above wages, pensions and benefits.....let's just hope one benefit of inflation is the crazy consumption of real estate slows down!

Answer 5

3% according to our government who have a little habit of telling porkies.

According to the news this lunch-time its really about 6% for someone with the typical £100000 mortgage and, I didn't quite catch why, 10% for a pensioner.

What a bl***y disgrace.

Answer 6

It's not much really, well within reasonable limits. I can remember when it reached 24% in the late Seventies - now that was worrying!

Answer 7

heh, I remember when it hit 29% in the mid 70s! Count your blessings :P

Answer 8

Interest rate go up
Inflation rate go up

Paypacket? Remains the same!

Answer 9

it is really bad now we should do sommink about it