BigJoe#1
Well-Known Member
Thanks, I did actually watch this real time.It did. I think it said that pensioners would be approx £400 better off and single minimum wage approx £1300.
Here’s the video, if anybody cares to watch: Bills Going Up
This is a little skewed IMO. Firstly it takes a huge drop in energy bills into account.... well they weren't really drops as the bills themselves were at an all time high due to the fuel/oil crisis and the war in Ukraine. But this ear compared to last could arguably be seen to be cheaper, but in reality we are and have been paying much more than we have ever done before for fuel.
Also, this fails to take into account the general day to day cost of living inflationary increases - supermarket etc... I don't know if you go shopping at all but the prices are shooting up at the moment... almost on a daily basis. I can assure you, you don't get as much bung for your buck as you used to get just 6 months ago... regardless of what the inflation rate tells you. For example the price of a packet of biscuits digestives for example may have increased by only 5-10% but the size of the packages has definitely decreased and that applies across the board to all sectors.
Despite what we've been told, I can assure you that pensioners and low earners will not be £500 better off when this Government leaves office.... but lets wait and see shall we?
Transport costs (bus fares, train fares) Car insurance, home insurance all going up... partly to cover the costs of additional Employers NIC.
We are in a mess and I do not lay the blame for the mess at the doorstep of the Labour Government... the Tories were a big player, but here in Wales where we've had Labour for 25+ years, we are in an even worse state.