UK inflation hits near-three-decade high rising to 5.4%

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Cost of living crisis worsens, piling pressure on Bank of England to raise interest rates again

Britain’s cost of living crisis worsened in December after inflation jumped to 5.4% – its highest level in almost 30 years – driven by the higher cost of clothes, food and footwear.policymakers to push up interest rates when they meet next month, the price of furniture and eating out also increased as shortages of staff and hold-ups at UK ports forced up the cost of imports.

 

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So when the Lefties went on about massive borrowing not having an impact, we're they lying? If you bent over and 'demanded' lockdown because the papers pushed it.....then suck it up. The only people that should complain are the anti lockdown gang.

Inflation is being driven by the increase in cost of goods which is caused by opportunistic pandemic pricing from ocean container companies (virtual cartel). Govts need to put a stop to it.

Bitcoin

Damn the speeds at which inflation is rising is insane, I was able to find some good resources when looking for 'sonic inflation' for those who want to learn more

The sheep have been fooled again 👀

COVID losses were socialized via inflation.

The money printing can’t be stopped as the whole system will start to unwind. Inflation is here. Growth forever on a finite planet. Inflation = climate change Hold assets and protect yourself from worthless government money. bitcoin

I am so glad brexit is delivering lower prices, so glad they didn't lie to us

So far. Full force of the new wave of inflation hasn't even been felt yet.

Parties covid doesn’t topple governments but the cost of living increases do especially if you raise taxes in April and it hit pensioners because you supposedly paused the triple lock but if inflation keeps rising will they bring it back?

Sunak said that the government is listening to the people. He must think that we are all idiots!

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