@thenewsagents: Why the government is not helping the public with rising inflation. #costofliving #inflation #economy #uk

The News Agents
The News Agents
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Region: GB
Friday 23 June 2023 08:33:58 GMT
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thursdaywaterbaby
TiLo :
How is making my mortgage more expensive going to stop someone else spending 250k to go on a tour of the titanic ?
2023-06-23 08:46:36
55
itsonlyme1970
itsonlyme1970 :
this is not people spending on frivolous items; this is people only surviving by paying bills and solution from BOE is to increase bills
2023-06-23 08:41:11
38
matt_an91
matt :
Bank of England never learn from their mistakes. Shouldn't be raising rates anymore, keep them as they are and give it time.
2023-06-23 09:19:10
13
paulfitzpatrickfi
paulfitzpatrickfi :
The economy is being run by people with the lack of skill for the position they hold
2023-06-25 18:54:59
13
joanne137913
Joanne :
As well as mortgage payers… affects renters too… rent increases are terrible - and they don’t even end up owning an asset.
2023-06-23 09:51:49
11
jackthebanchee
Itchy Feet :
We’re not all in it together. Those with no mortgage, the wealthy, and those with more disposable income continue to spend. The rest of us are screwed
2023-06-23 17:44:40
10
claire_she_her
Claire 🍉🍉🍉🏳️‍🌈🏳️‍⚧️ :
Tax the ultra rich, they're never going to curb their spending otherwise. There's enough money out there for all, we need a redistribution of wealth.
2023-06-23 08:41:24
6
marmiteoncheddar
Marmite on cheddar 🇬🇧 🇪🇺 :
You could put rates up to 15% like the bad old days but it won't affect this form of inflation rate, this is core products, fuel, food and rent.
2023-06-24 00:11:24
4
kayetotsplay
Kaye Price :
I run a small business so I will have to put up my prices to cover my now massive mortgage payments 🤷🏻‍♀️
2023-06-25 19:24:45
4
jdmarkhamon
JDM :
Gov’t enjoyed economic benefits low interest rates for too long. Now it’s time to pay the piper.
2023-06-23 10:41:49
4
gasman378
Na :
Forcing pain to reduce spending is not the problem! It’s oil and fuel giants and retail shops such as tescos causing the issues! No money to spend?
2023-06-23 09:27:46
3
knoweyedear
Professor Calculus :
@Professor Calculus: 1/3 rent. 1/3 own without a mortgage. 1/3 have a mortgage but a large % of those are on fixed rates so unaffected.
2023-06-23 08:38:14
3
decaffdoesntcount
DecaffDon'tCount🏴󠁧󠁢󠁥󠁮󠁧󠁿 :
When govt allows/enables mass homelessness, civil disobedience and riots will undoubtedly follow. Beware the fury of a patient man.
2023-06-23 09:14:12
2
skeety1240
david corstorphine :
bank of England raking in money from rate rise, stop people spending on other things so they can have it
2023-06-25 15:05:05
2
angrybobuk
Angry Bob :
They are working hand in hand with klaus Schwabs wef
2023-06-23 10:44:08
2
gavin19914591
Gavin Burdge :
the tory government doesn't care about anyone but there rich friends and themselves, you look at sunak smirking
2023-06-23 08:43:34
2
nybblelynx
NybbleLynx :
people having disposable income means the economy is healthy. If people don't buy 'nice things' the economy falls apart. Basic economics.
2023-06-27 22:09:18
1
orptwelve
ORP 12 :
Governments hype markets up then need to talk them down to then hype them up to then talk them down, it’s cyclical to transfer wealth to the rich
2023-06-23 14:07:13
1
jodiestark2
Jodie Stark :
When you have mps saying if cant afford cheese dont eat cheese when its food not something lavish ypubknow the system is just greed
2023-06-27 09:20:08
1
bignick888
Jog on :
Not forgetting a lot of households and SME’s are still trying to recover from the Covid impact 😳
2023-06-23 15:50:04
1
karialee5
KL :
There is a point where we can no longer ‘adjust’ our ‘spending habits’.
2023-06-27 17:08:14
1
luckeeeeeeeee
Unluckeeeee :
Revolution time.
2023-06-27 23:10:53
1
robertbell111
robertbell111 :
can't someone tell this government its not working the people will have the final say come election time goodbye to tory austerity greed and lies 🙄
2023-06-24 16:09:57
0
ragdolls_n_spaniels
ragdolls and show cockers :
money is debt. get into debt is the only way to make money. cash and paying debt is dead money. rich dad poor dad. Read it ..
2023-06-23 09:28:53
0
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