BBC BLOGS - Have Your Say
« Previous | Main | Next »

Have you noticed prices rising?

09:51 UK time, Tuesday, 18 January 2011

Rising inflation rates and the VAT increase are putting a strain on spending. How are rising prices affecting you?

The UK Consumer Prices Index (CPI) annual inflation rate increased to 3.7% in December, up from 3.3% in November, while the Retail Prices Index (RPI) inflation rose to 4.8% from 4.7%. These increases will put pressure on the Bank of England to lift interest rates to curb rising inflation.

The Office for National Statistics said the biggest drivers of inflation were air transport, fuel, utility bills and food costs. Fuel prices increased at their fastest annual rate since July, while the cost of food showed its biggest annual rise since May 2009.

Have you seen costs increasing? Have rising prices forced you to make cut backs? What items have you cut? Do you remember other periods when inflation increased? Is there a benefit to the rising prices?

Find out more about inflation and who will be affected the most.

Thank you for your comments. This debate is now closed.

Comments

Page 1 of 7

  • Comment number 1.

    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive.

  • Comment number 2.

    Offcourse, why would you ask such an absurd question??

    How about should bankers bonuses be cut completely and previous bonuses clawed back??

  • Comment number 3.

    Dear Comment 1

    Many people cannot afford fresh health food, any electronic equipment and haven't had holidays for years. How do you suggest pensioners, people on minimum wage and single unemployed benefit claimants survive?

    High prices hit poor people the hardest - but never mind, lets hike up VAT and hit them harder. All in it together. Yeh sure.

  • Comment number 4.

    Petrol prices are getting ridiculous. Notice how Cameron said when he was in opposition that he would create a duty stabilser on petrol and now he is on power he says he won't?

    He should be held legally accountable for that. As in he should be forced to implement this policy or at least attempt to or face the courts.

    I'm getting sick of politicians making promises before an election and then going back on them. How is that a democrasy? Why do we even bother having elections?

    Does anyone actually think there vote means anything any more?

  • Comment number 5.

    Prices have been gradually been rising over the last 18 months, due to the costs of raw materials. The latest increase is still due to the cost of fuel and grain and nothing will be coming down for a quite a bit.
    Dont believe it, well have a look at the cost of meat from what it was last January and now, and ask yourself who is conning who.

  • Comment number 6.

    "1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:
    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive."

    Disgusting. What's wrong with you? Honestly?

  • Comment number 7.

    You would have to be blind, deaf and dumb, living in a remote farmhouse not to notice massive price increases! An interest rate increase will certainly help savers, but it will be an additional burden on overstretched mortgage-payers. Most people I know are making dramatic cuts in their spending, which has a knock-on effect on the high street.
    Nobody is winning in this fight.... except the bankers, who will be receiving massive bonuses right about now!!!

  • Comment number 8.

    I think there are very few people who have not only noticed price rises but have felt the impact to a greater or lesser degree. All essential goods and services have risen steeply and we have yet to feel the impact of the VAT rise. All this combined with an interest rate rise later this year doesn`t bode well for consumers or small businesses. And Cameron wants the private sector to take up the slack come the public sector lay offs? Not a chance. Small businesses will consolidate and not expand. This is train crash politics.

  • Comment number 9.

    Have you noticed prices rising?
    ++++++++++++++++++++++++++++++++++++++
    I've seen the numbers written outside filling stations with "p" written after them getting bigger. Is that what you mean?

  • Comment number 10.

    Dear comment 3

    When I was at university I managed quite easily to find healthy food at a cost of around £10 per week. Prices haven't gone up that much in 4 years.

    And all that was on less per year than pensioners, people on minimum wage and single unemployed benefit claimants.

  • Comment number 11.

    Higher food prices are due to the costs of animal feedstuffs, fertilizer etc. The increase in fuel duty/VAT will also have an impact. The weather both here and globally have also affected prices.

  • Comment number 12.

    Are the HYS moderators living in the UK?

    This is a stupid topic, nearly as bad as the one on Dying that was removed after 20 posts.

    Remove it and talk about something relevent, this is ridiculous....

  • Comment number 13.

    Have you noticed prices rising? Yes, but I had adjusted my spending long before the rise in VAT in a attempt to save. But now that seems to be a futile effort on my part.

  • Comment number 14.

    It doesn't help when the supermarkets etc push up prices under the guise of the VAT rise! Most people can tell when something has risen by over 10% in a week when the extra tax would only add a few pence to the former price..........

  • Comment number 15.

    Deh, No....but i walk around with a paper bag over my head.

    Sorry, but you can't help but notice, bit of a silly question realy.

  • Comment number 16.

    Inflation is up and salaries are down.

    If George and Dave think that the economy will just recover via "laissez faire" economics, they are seriously deluding themselves.

    And meanwhile, the bosses of state-owned banks are in line for HUGE bonuses, at the taxpayer's expense.

    ELECTION NOW PLEASE

  • Comment number 17.

    Dear comment 10

    Single unemployed people have approx £60 a week to live on. That's for power, food, clothing in fact everything. Someone on minimum wage may not have the time you had as a student to look for cheap food.

    An anyway if you think you can eat healthily for £10 a week now, you degree certainly wasn't in economics!!! Prices have soared for even basic items in the last 4 years and continuing to rise. While it is possible to put purchases on hold, in the real world basics do need replacing. Not everyone lives in a student flat.

  • Comment number 18.

    YES.
    Revenge tactic.
    Be a TIGHTWAD and deprive the Greedy Government (irrespect of colour) of the TAX you would have paid.

    OPPS. This is Tax Avoidance.

  • Comment number 19.

    is the pope a catholic. most of us are under the cosh now - fear of job losses, rise in VAT, electricty and gas prices and fuel prices etc. put them all together and a picture emerges. the latest rise in inflation looks set to make things worse. throw in a rise in interest rates and people will start going to the wall

  • Comment number 20.

    Yes. The rising prices have affected me much more than I would have ever imagined. As a recent school leaver I began earning a wage a litte over two years ago. I found at the time I always had an abundance of cash and my standard of living was quite high. I purchased a sports car aged 18 in November 2008 when petrol was around 90p a litre. I had spare money to socialise every weekend, buy new clothes and still manage to pay my parents £50 a week in board.

    In the two and a bit years since I began earning, I have been shocked by how my standard of living has changed. It's been quite a gradual change, but looking back to how I live my life now comapred with two years ago there is a large difference. As petrol prices near 1.30, I have been forced to sell my pride and joy car and purchase a 1.1 in order to save on fuel costs. It cost's me just as much now to fuel a 1.1, as it did to fuel a 1.8 two years ago!

    I now pay a reduced rate of board to my parents, and do not socialise as much because I cannot afford to. Everything, and I mean everything is more expensive. My standard of living has dropped substantially and everybody around me seems to be short of money. This was not the case two years ago.

    Recently I've been noticing the price rises all around me, they add up to make quite a large impact. As trivial as it sounds a greggs sausage roll has probably risen about 15p in the last two years, a car tyre costs more, a pair of trainers is more epensive (I've now resorted to wearning £6 pumps). I now fully understand the meaning of the word depression, and I am most certainly feeling the squeeze.

  • Comment number 21.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • Comment number 22.

    Have you seen costs increasing? Yes, in particular the price of food. The price of fresh meat is now ridiculous, especially beef.

    Have rising prices forced you to make cut backs? Yes, now unable to afford to make lunches for work and therefore don't have lunch at all.

    What items have you cut? As above.

    Do you remember other periods when inflation increased? Yes, but not as bad as now where I have to cut out an important meal of the day, or perhaps my memory is not as good as it should be ue to lack of food.

    Is there a benefit to the rising prices? There is for the Government. More people on benefits due to cutbacks, food too expensive, more people dying of starvation, less people on benefits.

  • Comment number 23.

    drcarol wrote:
    Many people cannot afford fresh health food, any electronic equipment and haven't had holidays for years. How do you suggest pensioners, people on minimum wage and single unemployed benefit claimants survive?


    Fresh food costs less than processed food, if you can afford to buy food you can afford to buy fresh food. You can also grow your own for far less than you'd pay for it in the shops, this can be done at home if you have a garden, if not allotments can be rented from your local council for a few pounds a month - mine costs £12 a year in rent and provides most of my fresh vegetables, herbs, spices & eggs.
    There is no reason why a pensioner, minimum wage earner or unemployed person could not do what I've done; all it takes is some time and effort. Most people who have allotments are more than happy to help you set up your own, will happily give you some seeds and cuttings to get you started and you can get chickens for free from the Hen Welfare Trust.


    The National Society of Allotment and Leisure Gardeners:
    www.nsalg.org.uk

    British Hen Welfare Trust:
    http://www.bhwt.org.uk/

  • Comment number 24.

    On my salary I pay the rent and support my partner who is studying. While she has a student loan she uses that only for uni and is saving to reduce the amount of loan she needs. Being able to buy what we need with a bit left for fun and savings means we are doing ok at the moment. I guess I am lucky and organised.

  • Comment number 25.

    Bit of a dumb question really. Of course people notice ! Perhaps people could forward their tips on how to economise. Bit like " Make do and Mend".

  • Comment number 26.

    If people stop commenting on this HYS subject then it will die quickly. Avoid it as it is a stupid question...there is no debate.......

  • Comment number 27.

    1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:
    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive.

    ------------------------------------------------------------------
    What a load of tosh. I working extremely hard in order to one day earn a very large salary so I have a large amount of disposable income to then do things that I enjoy. Your saying, tough luck if prices rise, you should tighten your belt... I have two words for you, but I'm sure they wouldn't pass moderation.

  • Comment number 28.

    Woo hoo: another lively debate that so far seems to consist of people complaining about how facile the debate is! I really should get on with my day-job.

    I will say however that I have become steadily more bargain-conscious, coinciding with my regression into analy-retentive dotage and can commend SAINSBURYs for quite excellent 3 for the price of 2 etc things that you would have bought anyway. Washing up liquid.for example: I'm so glad they had that because otherwise we'd have stopped washing up altogether after the second bottle ran out.

    (Mind you: they did introduce self-service checkouts, presumably to put corporate profits up at the expense of customer service excellence. And that right good-looking lass doesn't work there anymore).

  • Comment number 29.

    sighhhh

  • Comment number 30.

    Have you seen costs increasing?
    Yes. Only yesterday I had to travel to Central London in the rush hour for the first time in years. £43 for a travelcard. I had to double-check that I wasn't paying for a season ticket for the week!

    Is there a benefit to the rising prices?
    Erm...

  • Comment number 31.

    23. At 12:22pm on 18 Jan 2011, General_Jack_Ripper wrote:

    drcarol wrote:


    Allotments have a 2 year waiting list in my area, housing estates do not have gardens for the Good Life excuse!

    Guess we will all have to pull in our belts until you can grow enough for everyone else.

  • Comment number 32.

    6. At 12:03pm on 18 Jan 2011, Duke wrote:
    "1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:
    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive."

    Disgusting. What's wrong with you? Honestly?

    --------------------

    Eh? How is suggesting that people not buy expensive TVs and foreign holidays disgusting? What's wrong with you?

  • Comment number 33.

    Have you noticed prices rising?

    Yes, but essentially, they just go straight over my head!!!

  • Comment number 34.

    Off course prices are rising, prices always rise, as do taxes, it is the way of keeping the plebs under control!
    Bankers can wreck the world get bailed out and then make more profit for themselves, not give it back you note.
    MP's can vote their own pay and expenses.
    The aristocracy never gets poor.
    Pensioners die of cold, the NHS is wrecked.
    So what do you do, what can you do, nothing at all the dice are stacked.

  • Comment number 35.

    It seems that some wholesalers are taking the opportunity to raise prices.

  • Comment number 36.

    we need to dive head first into EU membership!

    our politicians are nothing but princes fighting for power!
    look at europe, everything is better

    trains,planes,car prices, food and fuel prices! tax's!

    everything is better than what is happening to the uk now!

    id rather be in with the germans and french world leaders than what we are become now!

    we are getting left behind the rest of europ and were paying through the nose for it!

    get us in the eu now! lets get some proper intelligent people in charge not labour or the tories!

    how much worse could things get? REALLY?

  • Comment number 37.

    Be hard not to, no suprise then that inflation is taking off after Georges generous assault on fuel prices. And of course he has allowed the Rail companies to manipulate the ticket prices for the majority of passengers.
    My sympathies go to the low wage earners, it's not now a case of cutting back but cutting out.


    Oddly when the last govt were talking about putting fuel prices up, we had gridlock with Truckers protesting. Now there's just a whimper and the odd moan.

  • Comment number 38.

    Here's an interesting tip for you, if you don't know it already. Have a look at your receipt (at least ones from the big supermarkets) and the items with a * in front of them are ones that have VAT on them. My housemate and I did a shop as normal, scrutinised the receipt and thought how to cut out the *'s. We haven't done too badly and frankly we aren't missing much, so no, our price of shopping remain much the same.

    However I did a calculation yesterday...the Americans are whining about paying $3 per gallon of fuel...well my dears, we now pay the equivalent of just under $8 per gallon.

  • Comment number 39.

    Comment #1 - I must disagree, a majority of the people on benefits/low paid jobs. Have a desire to work and even those on low pay will prioritise their purchases and generally manage money much better than those in higher paid jobs.

    It's like people arguing that all the 'immigrants' are stealing jobs. Yet when you ask them, "Would you do this job?" most will say "No." or fail to work as efficent or hard.

    You appear to be forgetting that, 1) Higher VAT. 2) Higher inflation (a pointless cost to living for those in lower paid jobs - especially if pay rises are below the rate of inflation.) 3) Lower disposable income, lower quality life style. 4) All of this leads to even more social problems.

    I hate to say this but, it seems like the UK is becoming USA where people believe everything the Media (especially, the unreliable newspapers).

  • Comment number 40.

    Prices are rising out of control in an economy where wages are generally shrinking. I can only see two ways of stopping this:

    a) Raise interest rates
    b) Deport all non-Eu nationals who came here as "skilled migrants" but now work in petrol stations etc and free those jobs for UK citizens.

  • Comment number 41.

    Prices rising? Are they? Wow a moronic question! Is this the best the BBC can come up with? If fuel prices were static then the question might be more meaningful but as all goods we buy are affected by the cost of fuel...nuff said.
    Nick & Dave have lied to the electorate on national TV and are trying their best to wriggle out of their manifesto promises. They have Danny boy spluttering forth some absolute nonsense trying to justify the ConDem position but as soon as he gets back to his constituants, they will be telling him where to get off.

  • Comment number 42.

    Crikey! What a question.

    The only people who won't have noticed rising prices are those who don't directly spend money.

    What I fail to understand where figures as low as 3.7% or 4.8% come from.

    I do an audit of household expenditure and everything I bought a year ago now costs far more than 4.8% : foodstuffs, fuel, energy bills, water rates, communication costs.

    I suppose if your weekly shopping comprises LCD TVs, cars and the like, then inflation seems lower. Lucky you because the rest of us have to eat!

  • Comment number 43.

    Sadly Dave and Nick are playing for the better off...

    The banks (and other financials) are badly failing to perform, high loan rates, shortage of loans and near zero or negative return for savers, yet they are awarded giant bonuses on top of high pay.

    As the owners of some these institutions shouldn't we be dictating overall performance (benefit to society) related pay, or put another way, why isn't Dave?

    Meanwhile over one third of the population can't properly take part in the economy because they earn less than a living wage. Many of these very people often helping the banks profits through maxed credit cards at very high interest rates.

    NHS changes fine if they can work, but Dave, lets finish the bank job first before the NHS smoke screen gets any thicker.

  • Comment number 44.

    23. At 12:22pm on 18 Jan 2011, General_Jack_Ripper wrote:
    drcarol wrote:
    Many people cannot afford fresh health food, any electronic equipment and haven't had holidays for years. How do you suggest pensioners, people on minimum wage and single unemployed benefit claimants survive?


    Fresh food costs less than processed food, if you can afford to buy food you can afford to buy fresh food. You can also grow your own for far less than you'd pay for it in the shops, this can be done at home if you have a garden, if not allotments can be rented from your local council for a few pounds a month - mine costs £12 a year in rent and provides most of my fresh vegetables, herbs, spices & eggs.
    There is no reason why a pensioner, minimum wage earner or unemployed person could not do what I've done; all it takes is some time and effort. Most people who have allotments are more than happy to help you set up your own, will happily give you some seeds and cuttings to get you started and you can get chickens for free from the Hen Welfare Trust.


    The National Society of Allotment and Leisure Gardeners:
    www.nsalg.org.uk

    British Hen Welfare Trust:
    http://www.bhwt.org.uk/

    -------------------------------------------------------------------------

    Wasn't there a story recently about council allotment charges being put up?
    Seems like there is no escape.

  • Comment number 45.

    "Notice how Cameron said when he was in opposition that he would create a duty stabilser on petrol and now he is on power he says he won't?

    He should be held legally accountable for that. As in he should be forced to implement this policy or at least attempt to or face the courts.

    I'm getting sick of politicians making promises before an election and then going back on them. How is that a democrasy? Why do we even bother having elections?"

    So so so true.

    All this rubbish about "its a coalition so it all goes out the window" is ridiculous. People voted based on the manifestos, the manifestos have barely been adhered to. If its going to be a coalition they should draw up the coalition manifesto and we should vote again, coalition or everyone else.

  • Comment number 46.

    Yes I've noticed inflation, but can't see what good raising interest rates would be.

    Interest rates are a great tool at fighting internal inflation, but not external and that is what we have at the moment.

    Current inflation is due to significant increases in raw commodity prices (oil, metals, food) and increased prices of finished goods being imported from China etc, where internal inflation is rampant, and is being exported to us.

    But raising our interest rates will do nothing to effect the base causes and all they will do is inflict additional pain on folk suffering from inflation, and if anything increase the pressure for wage rises which would drive internal inflation.

  • Comment number 47.

    Why are we all worrying?

    We still get Royal wedding memorabilia at the 17.5% rate!!! the Queen insisted it be so!(the memorabilia sold pays for "maintaining royal residences"..shes clearly good at something; being a business woman)

    Had she been thinking in the interests of the British people for a change, and not her own, the poor might starve less this year.

    I'll be amazed if this comment gets posted!

  • Comment number 48.

    23. At 12:22pm on 18 Jan 2011, General_Jack_Ripper wrote:
    drcarol wrote:
    Many people cannot afford fresh health food, any electronic equipment and haven't had holidays for years. How do you suggest pensioners, people on minimum wage and single unemployed benefit claimants survive?


    Fresh food costs less than processed food, if you can afford to buy food you can afford to buy fresh food. You can also grow your own for far less than you'd pay for it in the shops, this can be done at home if you have a garden, if not allotments can be rented from your local council for a few pounds a month - mine costs £12 a year in rent and provides most of my fresh vegetables, herbs, spices & eggs.
    There is no reason why a pensioner, minimum wage earner or unemployed person could not do what I've done; all it takes is some time and effort. Most people who have allotments are more than happy to help you set up your own, will happily give you some seeds and cuttings to get you started and you can get chickens for free from the Hen Welfare Trust.


    The National Society of Allotment and Leisure Gardeners:
    www.nsalg.org.uk

    British Hen Welfare Trust:
    http://www.bhwt.org.uk/

    =======================================================================
    That's great advice. If you live in a flat, miles from your nearest allotment and there's a 5 year waiting list!!!

  • Comment number 49.

    Have you noticed prices rising?

    DOH! Next Question.

  • Comment number 50.

    1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:

    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive.

    ...........................................................

    I find that I can hardly ever afford fish any more. Chicken has doubled in price so I buy smaller amounts of meat, or reduced price (because of sell by date) and special prices for multiple packs. I used to put whatever I fancied into my basket and rarely let the price stop me unless something was obviously overpriced.

    Electronic equipment? We just hope that what we have holds up for a while until things improve.

    Holiday flights are for others for a lot of people. I know some people who have never had a holiday in their lives. We have a caravan but the petrol prices to get us there are beginning to limit our visits.

    With this Government everything but wages have risen, those who's jobs have survived the recent purge can look forward to working extra years to get their pension, the flow of people entering the country still carries on, we have to think twice about using the car because of the high cost of petrol and now we can't even afford to stay home and have a couple of drinks on a weekend. On top of this the NHS is now getting broken up from right in front of our naive noses.

  • Comment number 51.

    Ahhh. Inflation. Another great way to penalise hard working people who have put a little aside for a rainy day. On top of tuition fees, abolition of child credit, VAT increase. I see it as an underhand, cynical, deliberate way of reducing the value of the debt/deficit.

    The question asks whether we remember other periods of inflation. Here's a story. 35 years ago we visited Austria. A beer cost 12 schillings. Five years later we visited again. The same beer was 15 schillings, representing inflation of under 5% per hear. Meanwhile in Britain (thanks to the Labour Government of Healey/Wilson/Callaghan) inflation was 25% per annum. The markets responded accordingly and the exchange rate against the Austrian schilling (and every other currency) collapsed. Inflation is a great danger to long term prosperity. Interest rates need to go up. And no squawking please from mortgage holders who dont know how lucky they are - mine was 15% in the 1980s.

  • Comment number 52.

    My wife and i are pretty lucky. We have a veggie patch at the bottom of the garden where we grow things like cabbages, brussels, carrots and the such. We also have pear and apple trees we planted several years ago which are now bearing fruit. But i have to admit i don`t consider this progress. It`s like being back in the 40s and we are " digging for victory".

  • Comment number 53.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • Comment number 54.

    Rising inflation, followed by rising interest rates?? What does everyone expect from a Tory Government....joy......It's "Back To The Future" with 1970/80's 15% interest rates and 25% inflation, hospital wards closed, mass unemployment......by golly people have got short memories!!

  • Comment number 55.

    Heating oil.. last jan 36p a Ltr for 3000 ltrs for delivery the next day, just been quoted 82p for delivery of the same quanity for delivery in 6 weeks time! Next day delivery was well over a pound a ltr

  • Comment number 56.

    We are all being squeezed till the pips squeak!
    All bankers should receive zero in bonuses. Sorry but if a basic wage of maybe £200,000 is not already enough then they should be sacked and someone who can do a better job for the money given the job.
    When it costs more for a joint of meat than it does for a DVD player then there is something badly wrong!

  • Comment number 57.

    Well of course things have gone up...

    ...fuel prices have been rising for months now. How is anything moved around the country these days? By lorry or train, both using diesel power and for overseas foodstuffs often by plane too.

    Do the maths folks - things will get worse before they get better because the big supermarkets aren't going to change.

    People will need to take to the streets before anything will change as the MPs live in the cosetted world of priveledge enjoyed by the few at the expense of the many.

    'Never in the field of human existence have so many been ripped off by so few'(apologies to Winston)

    PS Last night I bought an expensive loaf of bread at a supermarket in my small town reduced to 14p. If you shop at the right time you will get some things at a more reasonable price but get fleeced by everything else...

  • Comment number 58.

    No. I am spending less overall than I was 2 years ago.

  • Comment number 59.

    John Mc wrote:
    Allotments have a 2 year waiting list in my area, housing estates do not have gardens for the Good Life excuse!

    Guess we will all have to pull in our belts until you can grow enough for everyone else.



    Then your council are breaking the law, there is a statutory requirement for local councils to provide allotments and if you and seven other local residents put your request into writing they will be required to provide appropriate facilities within 12 months.

    Stop making excuses, get off your backside and do something about it. We did it in our area last year and now our estate has its own allotments that were built recently at a very reasonable cost of £3,000 to our local council. All they have to do is fence off some waste ground and put down a layer of top soil, don't accept any excuses and if they try to fob you off with excuses get in touch with the allotment association above and they will give you the information you need to get the council to fulfil their obligations.

  • Comment number 60.

    Petrol prices are getting ridiculous. Notice how Cameron said when he was in opposition that he would create a duty stabilser on petrol and now he is on power he says he won't?

    He should be held legally accountable for that. As in he should be forced to implement this policy or at least attempt to or face the courts.

    I'm getting sick of politicians making promises before an election and then going back on them. How is that a democrasy? Why do we even bother having elections?

    Does anyone actually think there vote means anything any more?

    -----------------------------------------------------------------

    Excellent point! Politicians should be forced to treat manefesto's as a legal contract and if the "agreements" (promises)made with the electorate are not met,or on the way to being met at least, within a reasonable timescales -2 years? - theyshould be forced to hold an election.

    Otherwise, what is the point of people voting? Is this the reason why turnout at elections are dropping like a stone? If you made any other kind of contract and failed to abide by it you'd be hung out to dry by the courts. Any MP brave enough to take this cause up?

  • Comment number 61.

    Yes, the price of food has definitely gone up. We are having to be very carefully and have already cut back. I'll be very worried if the BOE interest rates go up that we may not be able to cope with higher mortguage payments. My pay has been frozen for the next 2 years unlike the bankers!!!!

  • Comment number 62.

    Depends what you are buying.
    Some food prices (not all) have increased due to bad harvests and world shortages, and will continue to rise in the short term.
    On the other hand, items bought over the internet are cheaper than ever, such as books, jeans, running gear and train and coach tickets to name just some I have bought the last couple of months.

    Going forward, food will get pricier then fall back as harvests recover.
    Energy will get more expensive and stay that way.
    Manufactured items will be subject to price falls due to internet competition and lack of demand - only 'luxury' items (eg certain perceived must-have labels/brands) will go for full value.

  • Comment number 63.

    Are you kidding? Prices in Tesco have shot through the roof. One tip when you see anything in a supermarket. Always buy the little expensive one you can afford. Anything double and wrapped in plastice is a lot more expensive. Read the price per pound at the bottom of the tag on the shelf. Supermarkets have latched onto the idea that people have been conned over the yerars thinking the bigger size is cheaper.

  • Comment number 64.

    I think that inflation will be politically manipulated to rise and maintain an above recent years average level, no matter the SPIN put out by government.

    Inflation is a CENTRAL and IMPORTANT (government STEALTH) weapon with which to reduce UK national debt, its the fundamental reason why we afforded to pay off our national debt to USA.

    Government implemented policy has already guaranteed inflationary rises, with more to come, especially on fuel/energy which inflation of prices adds inflation to EVERYTHING.

    Inflation provides increased government TAX/VAT/DUTY income receipts, but maintaining a controlled higher level is NOT a practical or realistic endevour because it entails a cycle of wage demand which historically enevitably gets out of control so easily.

    UK inflation will I think be policy managed/manipulated as much as possible in line with inflation in other developed and developing countrys.

    As UK government sees other countrys inflation rising, even in China, it provides an opportunity to also increase UK inflation and gain tax revenue without severely damaging the UK economy.

    Such inflationary damage to UK economy will ultimately result if UK wage demands create a larger inflationary cycle over the long term than is common standard level across competitors economys.

    Both Europe & UK inflation rates are above USA.

    BUT, UK inflation rate is currently significantly higher than the EU and more than double the USA rate, hence already the UK is building growing problems to competitiveness hence the ONLY real way of re-gaining competative advantage is by ConDem governments planned strategic attack on undermining employment rights and making it cheaper and easier for potential foreign investors to hire & fire UK employees and cutting jobs in public services also results in a huge growth of available higher qualified employees to undertake LESSER jobs with less pay.

  • Comment number 65.

    Of course things are more expensive, that's what happens when you raise VAT. Anyone that hasn't noticed it probably isn't paying attention.
    I still fail to understand how energy companies are able to continue to hike prices whilst declaring "record profits" every year. Why is nothing done to stop this. Can the government not put a cap on rises, or do they all have shares in Centrica? (hoho silly me!)
    On a mostly related note, there are more savers than borrowers in this country, yet those of us who are prudent & try & put some money away are being penalised & expected to endure low intrest rates to bail out an artificially inflated housing market & people that took out mortgages they couldn't afford. Raise intrest rates NOW & get the finances of this country back on track. Hopefully sort out the woeful mess that is the housing market too.

  • Comment number 66.

    60. At 12:52pm on 18 Jan 2011, Boz Scaggs wrote:

    Petrol prices are getting ridiculous. Notice how Cameron said when he was in opposition that he would create a duty stabilser on petrol and now he is on power he says he won't?

    He should be held legally accountable for that. As in he should be forced to implement this policy or at least attempt to or face the courts.

    I'm getting sick of politicians making promises before an election and then going back on them. How is that a democrasy? Why do we even bother having elections?

    Does anyone actually think there vote means anything any more?

    -----------------------------------------------------------------

    Excellent point! Politicians should be forced to treat manefesto's as a legal contract and if the "agreements" (promises)made with the electorate are not met,or on the way to being met at least, within a reasonable timescales -2 years? - theyshould be forced to hold an election.

    Otherwise, what is the point of people voting? Is this the reason why turnout at elections are dropping like a stone? If you made any other kind of contract and failed to abide by it you'd be hung out to dry by the courts. Any MP brave enough to take this cause up?
    -------------------------------------------------------------------------
    Well said that man! Yes they should be legally obliged to stick to their manifestos.

    Maybe we need some new political parties to vote for? Not BNP and monster raving loony but reasonable fresh new ones.....

  • Comment number 67.

    To be honest they appear to rise pretty much all of the time and generally beyond the rate of inflation...

  • Comment number 68.

    I have retired and now live in the Philippines, beer has gone up to nearly 20p a bottle, rum to 65p a bottle and cigarettes to nearly 35p a packet. I shall have to find another way to kill myself

  • Comment number 69.

    . At 12:15pm on 18 Jan 2011, James Naughtie Fan Club wrote:
    Inflation is up and salaries are down.

    If George and Dave think that the economy will just recover via "laissez faire" economics, they are seriously deluding themselves.

    And meanwhile, the bosses of state-owned banks are in line for HUGE bonuses, at the taxpayer's expense.

    ELECTION NOW PLEASE

    Yeah Brilliant....let's all vote Labour back in again...they'll fix everything won't they?

  • Comment number 70.

    "1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:
    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive."

    mmm can you tell me how to cut down on heating oil which is just under 2.5 TIMES the price it was 12 months ago? our house is very well insulated and we use our log burner as much as posible but cost of logs has also doubled this winter?

    OH i foregot i could convert to gas if there was any in rural kent? Bottled gas has also followed the price of oil UP!

  • Comment number 71.

    23. At 12:22pm on 18 Jan 2011, General_Jack_Ripper wrote:

    drcarol wrote:
    Many people cannot afford fresh health food, any electronic equipment and haven't had holidays for years. How do you suggest pensioners, people on minimum wage and single unemployed benefit claimants survive?


    Fresh food costs less than processed food, if you can afford to buy food you can afford to buy fresh food. You can also grow your own for far less than you'd pay for it in the shops, this can be done at home if you have a garden, if not allotments can be rented from your local council for a few pounds a month - mine costs £12 a year in rent and provides most of my fresh vegetables, herbs, spices & eggs.
    There is no reason why a pensioner, minimum wage earner or unemployed person could not do what I've done; all it takes is some time and effort. Most people who have allotments are more than happy to help you set up your own, will happily give you some seeds and cuttings to get you started and you can get chickens for free from the Hen Welfare Trust.


    The National Society of Allotment and Leisure Gardeners:
    www.nsalg.org.uk

    British Hen Welfare Trust:
    http://www.bhwt.org.uk/

    -----------------------------------------------------

    What if the land is rubbish? wouldnt you need to buy certain "improvers" like compost/fertilisers etc?

    Then theres crop failure..with our weather, if it turned like last year..snow for x months, whats the odds the expense wouldnt turn into a loss and zero harvestables?

    That would mean x cost for seeds/compost/fertiliser, only to have to go and buy the food you thought you would now be harvesting.

    The hen trust looks decent, however as you know there is the cost of chicken feed/other requireds...house for them, etc.

    Im guessing the average person who cant afford to eat "properly" as it is, cannot afford all that for a few eggs a week...and a chicken in a few months time once its weighty enough to plate up.

    Im not disputing that it is possible for many, but everyone..no, not at all.

    physically/mentally disabled people for example...which Im guessing are the majority of the "poor" in our country.

  • Comment number 72.

    As has been mentioned comment #1 seems so sensible but fresh, healthy food has been rising in price at a faster rate than some other "loss leaders" presented by our "we are better than the competition" supermarkets. Even if you have a good accessible market (which I do) all prices have been rising for three years or more. And I am sorry but the Government's chosen method of measuring inflation is a joke, always has been, always will be. I can see the rise in prices from my shopping tickets on card statements and the average rise has been in excess of 12% since the beginning of 2009.

    I would really like Cameron to stop blathering and start to tell people how we are supposed to counter fulling incomes and rising outgoings, but of course he really hasn't a clue about such things has he?

  • Comment number 73.

    ASDA really annoy me with their slogan 'Saving You Money Every Day'...well every time I shop there my shopping bill goes up. They're so crafty...they have offers but something always goes up to pay for these so-called offers and not just by a few pence either.

    Whilst I appreciate they are one of the cheaper supermarkets I feel their slogan should read 'Ripping You Off Every Day'!

  • Comment number 74.

    I must compliment Scotty1694, comment number 36, yes mainland Europe in general does much, much better than the UK.

    It has higher education standards, better hospitals, (Spain has the best healthcare in the world), better pensions, better transport, better everything, lower crime, less chav's, I could go on infinitum.

    The cynic in me thinks that the UK goverments do not want its population to have these benefits, it keeps the us and them scenario going.

  • Comment number 75.

    Yes, in cheese, try now to only buy it when it is in the reduced section!

  • Comment number 76.

    Comment #46. At 12:38pm on 18 Jan 2011, Steve Cooper wrote:
    Yes I've noticed inflation, but can't see what good raising interest rates would be.

    Interest rates are a great tool at fighting internal inflation, but not external and that is what we have at the moment.

    Current inflation is due to significant increases in raw commodity prices (oil, metals, food) and increased prices of finished goods being imported from China etc, where internal inflation is rampant, and is being exported to us.

    But raising our interest rates will do nothing to effect the base causes and all they will do is inflict additional pain on folk suffering from inflation, and if anything increase the pressure for wage rises which would drive internal inflation.

    -------------------------------------------------------------------

    Blimey! An economist on HYS! Couldn't agree more. Truth is we are being out-priced by the growth in Asia. They want oil, raw materials and yes, even LCDs etc. The reduction in lifestyle we are experiencing can only be stopped by economic growth, and not the type that comes from debt-based spending (ala 2006-2007 Gordon Brown).

  • Comment number 77.

    24. At 12:23pm on 18 Jan 2011, in_the_uk wrote:
    ---------------------------------------------------------------------------Being able to buy what we need with a bit left for fun and savings means we are doing ok at the moment. I guess I am lucky and organised.
    #################################################
    No you are not lucky, just organised.

    It amazes me when we do a weekly 'big' shop and find we are paying a lot less than most other people. We regularly get vouchers for '£5 off £25 spend and often find we are struggling to spend it, usually stocking up on cat food. We eat very well as my wife is a noted very good cook.

    My mother always said that there was never-ever a 'good-old-days'. She told me in her pre-WW2 world there was very little crime as no-one had anything to steal. Today we have the cheapest food ever in relation to income, and clothes are almost wear-once-and-throw-away, (my son in law works away during the week and buy's cheap socks & underwear which he just discards).

    We are in this position because for the last 30 years we have refused to pay realistic income tax whilst still expecting never-ending public services. Well know the chickens are coming home to roost. And before everyone posts about central and local government waste we ALL get something provided that is certain to cost more.

    So yes prices are rising, with 2.5% increase in VAT they obviously will, nevermind the fuel increase. Am I worried, no. Prices will have to rise quite significantly on essential items before you hear me squeal.





  • Comment number 78.

    Here's the simple truth.

    The Labour Government's spending plans supported by printing money and borrowing led to a collapse of the pound in 2008. We now get 50% fewer Chinese rmb than we did a few year ago. Since we now import almost everything manufactured from China, prices are bound to go up.

    The Conservative government's spinning on the need to increase interest rates to dampen demand simply doesn't make sense. The UK economy is not overheating and inflation is not being driven by domestic wages or cost increases. If they were being honest they would tell us that raising interest rates was necessary to increase the strength of the pound. But at a time when most countries are competitively devaluing their currencies to kick start exports, wont it be counter productive for the UK economy?

    Policy makers both Labour and Conservative are simply not being honest about economic policy.

  • Comment number 79.

    Anyone else noticed that prices have been rounded UP since the VAT rise???? I've noticed all sorts of things going up by a round 10p when a quick calculation shows the VAT increase should have resulted in say 7.3p or 8.1p etc.

  • Comment number 80.

    Shafted by the banks again!

    As a pensioner, my income was slashed by the low interest rates. To 'help' me, the banks offered a better rate but i had to tie my money for 2 years. Now yu tell me - did they not foresee a rise coming? bet your bottom dollar they did! What a world full of legalised crooks, get rich quick merchants and spives - most of whom work in the City of London.

  • Comment number 81.

    Yes, due to greed of utility companies, trael companies, the government fuel duties. I now switch energy companies a lot more frequently. We have invested in solar water heating and examining other avenues to heat the house. We do not buy anything anymore but savee. We wanted to upgrade to flat screen, and other things but now we will not. We have building work to be done. We will definitely not pay the asking price but the contract will be water tight.
    We have stopped using the public train. I used to travel into London from Surrey at nearly 556/month. I now car pool and the cost has dropped to approx 110/month.. Our spending on petrol has been cut by 1/3 and possibly more soon. So I am wondering whether the total amount raised due to increases will amount to much? We are in talks with neighbours so we can share electricity generation so we do not have to pay the utility companies which are in reality owned by European companies who exploit the UK's lax. They would never get away with their treatment in Europe

  • Comment number 82.

    I would be very surprised if everybody had not noticed a rise in prices. I filled my car up with petrol at the weekend for the first time since before christmas, it was more than £75 worth, I've never had to pay that much before.

    Do I remember other periods when inflation increased? Yes, in the 70's/80's when I had a mortgage to consider as well. I got a second job - then a third - to make ends meet. I pumped petrol, cleaned offices, worked in a pub and even cleaned windows and tended gardens on saturdays and sundays. There's always someone wants something done, you just have to put the effort in to find the work and then work the hours to get things done.

    It was good experience, I learnt a lot from that. It convinced me to set up my own company rather than work for someone else, probably the best thing I have ever done.

  • Comment number 83.

    76. At 1:08pm on 18 Jan 2011, Stop2Think wrote:
    Comment #46. At 12:38pm on 18 Jan 2011, Steve Cooper wrote:
    Yes I've noticed inflation, but can't see what good raising interest rates would be.

    Interest rates are a great tool at fighting internal inflation, but not external and that is what we have at the moment.

    Current inflation is due to significant increases in raw commodity prices (oil, metals, food) and increased prices of finished goods being imported from China etc, where internal inflation is rampant, and is being exported to us.

    But raising our interest rates will do nothing to effect the base causes and all they will do is inflict additional pain on folk suffering from inflation, and if anything increase the pressure for wage rises which would drive internal inflation.

    -------------------------------------------------------------------

    Blimey! An economist on HYS! Couldn't agree more. Truth is we are being out-priced by the growth in Asia. They want oil, raw materials and yes, even LCDs etc. The reduction in lifestyle we are experiencing can only be stopped by economic growth, and not the type that comes from debt-based spending (ala 2006-2007 Gordon Brown).
    =======================
    Ahhh - the infinite economic growth model - doesnt work too well with limited natural resources though does it - time for a re-think I feel.

  • Comment number 84.

    Best thing is to learn to play darts so that you have increased skill in adding up & subtracting numbers very quickly to enable own instant price comparisons when shopping.

    So many prices are attrociously provided to ADD to confussion.

    Coffee is one constant example.

    Prices displayed are based upon grammes and Kilos, its an easy and basic sum to work out the difference just divide/multiply by 100, but then this is yet more complicated by 50% free & buy one get one half price etc. So many people are confused by prices or just cannot be bothered and end up paying much much more than they need to, even when price differences are so blatant, so many choose the more expensive item.

    Some people just have too much money to squander or are endemically lazy or stupid and unable to work out even basic arithmetic.

    There can be a multi-pack of 12 crisps for £2.49, just 3.3 feet away (1 metre) theres another pack, exactly the same flavours and individial pack size and at exactly the same price £2.49 BUT with 12 bags FREE, yet so many people still buy the 12 pack.

    Its basically and relatively like your employer offering to give you two weeks wages in place of one weeks but then you ignore the offer and just take the one weeks money.

    If someone was to offer to reduce your wages then most would be up in arms, yet people have the OPPORTUNITY to INCREASE the value and spending power of their wages but REFUSE for whatever reason to accept increased value.

    With so much yes/no experts and information on breast feeding & artificial baby milk, I can only surmise that some have thought sod this, this is too confusing lets use leaded petrol instead, hence creation/increase of dumbos!!!

  • Comment number 85.

    NO.
    Over the last few years the price of cannibis is cheaper.
    Maybe we employ the wrong people to run our ecconomy?

  • Comment number 86.

    Can't wait for interest rates to go up. At last, my savings will actually start earning something. Not too bothered about those with mortgages stretched to the hilt. Why borrow what you could never afford to pay back anyway?

    The only other place I have noticed it is fuel. Diesel is stupidly expensive now and the duty really needs to be relaxed on it. If I used my car for pleasure, I wouldn't care, but as it is to get to work (no, there is no other way for me to get to work in a reasonable time before someone spouts that little gem), it is an essential.

  • Comment number 87.

    1. At 11:50am on 18 Jan 2011, RitaKleppmann wrote:

    Most people who feel the pinch might benefit by re-organising their priorities e.g. ensuring that they spend money on (fresh)healthy food, postpone the purchase of (more expensive) electronic equipment and abandon the idea of (unncessary) holiday flights.

    It´s brainless to spend money on expensive items and then complain that they are expensive.
    -------------------------------------------
    Bonkers!

  • Comment number 88.

    Cameron and the whole of the condems have turned into the same as the previous administration - blatant liars. We need to get rid of them now and have some honourable MPs, if such a thing exists.

  • Comment number 89.

    There is clearly a campaign being waged by the government to increase interest rates on the basis that this will dampen inflation.

    Well I haven't heard one government minister explain how this would work.

    This is the economics of the 60s, 70s and 80s when inflation was driven by domestic wage increases and raging house price inflation.

    These factors simply do not exist today.

    Of course raising the VAT rate and fuel duty will drive up inflation but then these are in the control of the government.

    We are being lied to. We need to ask ourselves who would be the real gainers?

  • Comment number 90.

    When you buy the same regular items price rises are noticed, all essential food has increased along with other necessities. As for luxury items - well can anyone tell what the real price should be? everything is in a constant sale, the only thing that changes is the name of the sale.

  • Comment number 91.

    Have I noticed prices rising? I'm not sure, but there was a blur of rapid movement past my aging eyes the other day. Perhaps that was it.

  • Comment number 92.

    A lot of struggling businesses use a 2.5% vat increase to increase their prices.

    what makes me laugh is my work travel expenses for driving a car do not ris in relation to petrol prices so i am out of pocket again for driving on business. The VAT increase now means i will not be buying anything other than food, it's said to say it but i want businesses to start suffering so may be a wake up call to this incompetant Government.

    My question is why should the Government raise Petrol Prices and allow the trains to put up their prices but killer 5 -10% increases.

    This country is in serious issues. I have not had a pay rise in 3 years and the ones to that were just 1% so i would say for the last 6 years i have had 3% but my bills (elec, water, transport have gone up 40-50% in 6 years. I will get to a point where i might as well give up, sign on with the doctor for depression and claim benefits.

    The Government pay billions to rebuild coutries like iraq and pay billions in aid to countries like india while they take all our jobs offshore and billions to the EU to help European coutries whilst ours crumbles under our feet. What a complete joke!

  • Comment number 93.

    Of course prices are rising!!

    Manufacturing and transport has risen so we are paying for that. Fuel is one of the main culprits. As soon as companies face higher logistic costs that cost is (usually) passed straight on to us the customer through the price of the product rising. So all our food, clothes, transport, etc has all risen as a result and that's before the VAT rise.

    Not only that, utility bills have risen, transport to work has risen, student loan interest to rise, (can't comment on alchohol, tobacco or holidays - I have none of the above) the only thing that HASN'T risen in the last 2 years is my wage.

    Funny that.

  • Comment number 94.

    69. At 1:01pm on 18 Jan 2011, Brian wrote:

    . At 12:15pm on 18 Jan 2011, James Naughtie Fan Club wrote:
    Inflation is up and salaries are down.

    If George and Dave think that the economy will just recover via "laissez faire" economics, they are seriously deluding themselves.

    And meanwhile, the bosses of state-owned banks are in line for HUGE bonuses, at the taxpayer's expense.

    ELECTION NOW PLEASE

    Yeah Brilliant....let's all vote Labour back in again...they'll fix everything won't they?

    -------------
    Interesting Point - I see a lot of people complaining about the changes David and Nick are making but so far I have seen very little if any alternative proposals coming from the Labour benches.
    So you want an election, ok, who would you vote for? Labour have given you no reason to vote for them, and we know because they admitted it themselves that they bankrupted the country(remember the "no money left" note). They have given no reason to vote for them so far, except complaining about every move the govt makes.
    Come on Ed, if David is doing it wrong, give us a better workable idea or isn't there one?

  • Comment number 95.

    Regarding post 23:

    Not everyone has access to plots of land, and though home growing can be cheaper in the long term, in the short term it requires generous funding to get your land/garden ready for growing, seeds,equipment ect..

    And lets not forget the all important TIME factor.
    I am in full time employment, I work 45 hours a week add another 10 hours on top of that for travel, then another 10 hours for work based study (not everyones professions end when they get home),factor in sleeping and eating and the weekly overtime and you dont get many(if any ) hours of daylight left to do homegrowing.

    ------------
    We try to only buy healthy produce but to do so actually INCREASES our weekly shopping bill. Unless we were to put aside our ethical concerns and buy produce that has been grown/farmed in appalling and disgusting ways.
    As it stands processed foods are cheaper than fresh, this is a fact that our shopping bills show again and again.

    Given the rise in fuel and living costs we are finding it quite tricky to get by without resorting to loans.
    We dont buy electronic goods, we dont go on vacations, and we hardly ever go out.

    So yes I think we have noticed .

  • Comment number 96.

    54. At 12:45pm on 18 Jan 2011, jack wrote:

    "Rising inflation, followed by rising interest rates?? What does everyone expect from a Tory Government...."

    At least allow this lot to get their feet under the table and make their own mistakes first (and no doubt they will).

    But the inflation we are seeing now is the result of the previous lot.
    If you borrow on that scale for the best part of a decade, you debauch and weaken the currency. This is what has happened. The £Stg is low against commodity currencies such as the $Aus and the $Canada, and also against the Euro, SwissFr and Yen. Our only saving grace is that the £Stg is at a historical average with the $US, because the USA has been as reckless in it's State borrowing as the UK has over the last few years. Otherwise inflation would be even worse, esp as all world commodities are priced in $US.

  • Comment number 97.

    There is ONE main and fundamental instigator of endemic inflation which is the stock exchange & futures markets etc.

    Someone sits in an office, uses whoevers wealth/money to buy up 100,000 tons of wheat, dozens and dozens and dozens of others do the same thing.

    Along comes Tesco or whoever to buy produce to make whatever & sell in shops. To gain that produce they have to approach those who bought up all the supply. Those who bought the supply want to make profit, so they ALL hold out for a higher price (except UK farmers who need to sell ASAP so get preasurised DOWNWARDS on price)

    Higher price could just be an increase of 50p a ton, or £1/£2 a ton which when divided down to kilogrammes and grammes is NOT a high or significant price increase, but it IS AN INCREASE, however SLIGHT.

    Hence the speculator/gambler/inflator/(investor LOL) working for a bank investment arm or whatever, makes a nice tidy profit of £50,000 to £200,000 for the bank/investor business AND gets a nice wedgy BONUS into the bargain.

    Thus, part ENDEMIC inflation is a DIRECT RESULT/OUTCOME of the speculative stock exchange/bull/futures markets, plus theres other additives to the inflationary mix which ENHANCE speculators PROFITS even more. Such things as floods in Australia or elsewhere destroying crops, or heatwaves in Russia doing the same, etc etc etc, which means LESS produce and MORE demand hence an INSTANT BRUCIE BONUS FOR SPECULATORS WHO DEMAND & HOLD OUT FOR HIGHER PRICES KNOWING THAT DESPERATION OF SURVIVAL HAS GREATLY INCREASED THEIR BONUSES etc.

  • Comment number 98.

    The greedy bankers' are to blame they control the money world-wide the government con/fibs are powerless to stop any price rise. how many more familys who will be made homeless in 2011.The tax increase on everything will go to pay the bankers'bonus.

  • Comment number 99.

    Dear comment 17

    I lived in a three bedroomed house, on which I paid rent. Used money I had saved up to go to uni. Paid gas, electric and phone bill - the internet was my luxury, but I used it mainly for study. And I used to shop in 24 hour supermarkets - so I guess anyone else could do as well. Unless they work 133 hour weeks (I allowed 5 hours sleep a night).

    I didn't have Sky telly, smoke and rarely had a drink - mature student you see. So I guess that I didn't buy anything I didn't need.

    IF you try, you can live on very little money and still be healthy. If you know what to do. So you're right, my degree wasn't in economics. But it was a lot more useful.

    As an aside I just did a check on mysupermarket - 1 weeks healthy food came to £42.25

    Food in all food groups.
    Bread, potatoes (baking and rooster), rice, cereal.
    Eggs, milk, cheese.
    Meat (mince) and fish (tuna).
    Mushrooms, tomatoes, onions, apples.

    Some repeated meals and some simple like egg on toast or baked potato and beans. But I could easily make that lot last a week. Go to a friends one or two days a week and it stretches further. There are more than enough calories there.

    I know that you wouldn’t want to live like this forever, but you can for a few years if you have to.

  • Comment number 100.

    Could the person suggesting we all go out and get an allotment tell us if he or she gets refrigerators and cookers dumped on there. I think mine are about to pack up so that could save me money as could being allowed to drill for oil to make petrol for the car and keeping a cow on there for milk and chickens for eggs and meat.

    In all reality unless you are solely eating vegetables from your allotment and drinking water from the tap then sitting at home in the dark stark naked the rest of the time you will have seen a rise in prices. Unless of course you have a pair of those blue tinted glasses. Even if you are vegetarian you will still be buying a proportion of your diet so paying more as all those items need producing, transporting and distributing by companies who incur VAT and need to pass that on if they are to survive. Same goes for clothes companies.

    Owning an allotment may bring your prices down but not everybody is capable of working on an allotment either because of the hours they work or their health (even an office working can have health problems such as a back injury which prevents them from being able to dig for any meaningful amount of time)

    Many people on here are saying they are tightening their belts. Others say if people don't have the money they shouldn't buy expensive items or food (ignoring that cheaper foods often have higher salt and fat content so creating another problem that will cost the next government money) In both cases though this means the tax income will probably be equal or less to before Xmas. I'm missing the benefit of this policy, especially when we add in the number of people who lose their jobs because the demand for the goods or services their employer provides diminishes.

    Apparently George Osborne's degree is in History.

 

Page 1 of 7

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.