Food and petrol has also gone up (a lot to do with what's happened in Ukraine. Petrol going up, puts the price of pretty much all goods up as it all needs transporting. Some companies (e.g. petrol co's) are keeping prices artificially high. e.g. they raised prices as their costs increased, but as wholesale prices drop, they are slower to reduce the price or by not as much as they're saving. Again with petrol, the urge to drop prices was traditionally driven by the supermarkets using petrol as a loss-leader (or neutral) to tempt people into stores, however as many more shop for their groceries online, the supermarkets aren't really doing this anymore.
We all have to see that the prices of oil and gas are set now not by the cost of a barrel but by the emptying tanks in storage as we go through winter and towards next year. Russia has cut Europe off. Their supply will run out next year as they filled all storage. But we also have to recognise that the price of electrify was set off the price of gas historically (pre brexit) so that the then more expensive wind power has a high enough margin to be practical. Now it makes zero sense and the electricity companies with renewable electricity are making huge obscene profits while folk freeze. There's levers outside interest rates to be worked but there's nobody at the helm to work them
well, now that's what rich folk want you to believe but it shouldn't... it really shouldn't. having enough to live on is a basic tenant of every society back past ancient Egypt.
If you get minimum wages; the increase you received is outweighed by the increase in cost of living. They're actually worse off by being paid a bit more. I've been taking the piss for years that I can't wait to be paying £2 for a loaf of bread, we're almost there! Government constantly pushing that they want minimum wage to be the living wage which is impossible.
the cost of bread is being driven by the war in Ukraine as they are one of the biggest exporters of grain. Cost of grain and hence flour has increased massively.
See, I get that, but there's not a massive surge in people wanting to buy err butter, but its gone up anyway. If it cost £1.50 to make a half pound of butter, they can't then sell it for £1.20 again regardless of demand.
Maybe this is it, artificially inflated prices! There will be plenty of companies out there regardless of costs that have racked their prices up because they can. Unless some sort of competition is again imposed they have no incentive to lower their prices.
I put pep in the same category as mourinho. Take the money off him and he's noubt. Goes wrong and he throws a tantrum.
Never seen him have to cope without a massive budget so we don't really know what he can do - but he's definitely like a spoilt child when things aren't going his way.
Sat in hospital atm. Someone drove into us this afternoon, my and the youngest have been sent here to be checked over, both got neck and back pains. ****ing car is jinxed!!!
