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#ukinflation — Public Fediverse posts

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  1. UK Inflation Hits 3.3% as Fuel Prices Surge Amidst Geopolitical Tensions

    UK inflation hits 3.3% in March. Fuel prices are the main reason. This affects shoppers and may impact interest rates.

    #UKinflation, #FuelPrices, #MarchEconomy, #ONSdata, #Geopolitics

    newsletter.tf/uk-inflation-mar

  2. @davidnjoku

    "UK's Purchasing Power Drops 41% Over Two Decades: Cost of Living and Lack of Investment to Blame" (January 2025)
    ibtimes.co.uk/uks-purchasing-p

    Certainly feels like a lot more than "41% in two decades". In 2022 alone we saw the price of a number of everyday items go up anywhere between 20% and 50%, while packages shrank ("shrinkflation"), like e.g., butter as 200g instead of 250g, and yogurt reduce from 500g to 450g, and so many more.
    #UK #UKInflation

  3. Just had my home insurance renewal quote through from QuoteMeHappy.
    Up 50% on last year (and an increase in compulsory excess)!

    2020 £56.65
    2021 £62.08
    2022 £64.48
    2023 £82.89
    2024 £124.98

    This is with 5 years no claims discount and no risk of flooding. Buildings only, no frills policy.

    A comparison site search gives a best price of £124.34 from John Lewis Insurance. It's worth me switching due to much lower excess.

    #CostOfLiving #Insurance #UKInflation

  4. #UKInflation "down", driven by food. Really?

    5% food inflation. How many had a 5% pay increase this past year? Still not good enough, still too much #Greedflation

    Poor #BBCNews coverage talks to a street food vendor, but not the agribusiness raising his meat costs. Or, talks to a taxi owner, but nothing from the petrol and insurance companies driving up his costs.
    #InflationIsPriceGouging

    BBC News - UK inflation falls as food and eating out costs ease
    bbc.co.uk/news/business-685970

  5. The Tory party’s 2019 manifesto pledge included a commitment to build 300,000 new homes a year by the middle of the decade, finally taking shape say Gove

    #tory #toryscum #tories #ToriesOut #rishisunak #Sunak #bbc #news #politics #ukpolitics #nhs #brexit #costofliving #inflation #ukinflation #strike #strikes #nurses #housing #energy #wages