Posted on 08/22/2022 4:14:51 PM PDT by RomanSoldier19
INFLATION is expected to soar to its highest level in nearly 50 years at 18.6 per cent with 'catastrophic' consequences for the country, it was warned.
Premier League - Win tickets UK inflation set to soar to 50-year high with CATASTROPHIC consequences warning INFLATION is expected to soar to its highest level in nearly 50 years at 18.6 per cent with 'catastrophic' consequences for the country, it was warned. By SAM LISTER - DAILY EXPRESS POLITICAL EDITOR 00:00, Tue, Aug 23, 2022 | UPDATED: 00:00, Tue, Aug 23, 2022 169Comment sectionShare on FacebookShare on TwitterShare on LinkedInShare on PinterestCopy link Energy bills: NHS chief warns of 'more deaths' due to the cold Enter your email address here SUBSCRIBE We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Economists said the “stratospheric” rise means concerns about how people can make ends meet are “growing more deafening by the day”. Campaigners warned individuals and businesses face being pushed to the brink and called for “radical” solutions from government.
Experts predict the autumn energy price cap set on Friday will see a typical household paying £3,554 per year, then rise to £4,650 from January.
It means between October and April – which includes the coldest months of the year – the average household will pay an equivalent £4,102 per year for their gas and electricity, a massive jump from today’s £1,971.
Consultancy Cornwall Insight said it is “difficult to see how many will cope” this winter.
It warned households will face an 80 per cent rise in bills going into the winter period when energy use soars.
(Excerpt) Read more at express.co.uk ...
Will the UK crawl back to the EU to get kicked again ? LOL
When the worm turns there will be politicians in prison.
EU’s in the same boat.
See My Greatness
The just shall live by faith.
The EU is in a worse position due to Biden’s War on Energy. Because of Biden’s War, oil prices sky rocketed financing Putin’s Ukraine War. Biden’s War on Energy, Surrendering Afghanistan (territory, weapons, and human intel) and surrendering Nord Stream 2 put the US and the world at risk. Unfortunately for Europe because of their shortsightedness they are very short energy for the winter. Bad times ahead..
The issue of energy prices there is more about not getting enough oil and natural gas from Russia
We don’t have that problem here but we are still at 40 year high inflation levels. Basically everything costs about a third more than it did before scummy biden was installed.
Brandon could give them some advice. Just say the inflation rate is 0%. Things will work out just fine.
2.5% interest rates seems pretty strange
and oddly enough the DM hasn’t mentioned it yet...
The thing about the EU is their government will never change it’s set up to be totally incompetent until the end of time
Comingto America soon, very soon.
Why are they so worried about Winter? This is just a LIE, with out of control man made global warming about to make the planet undergo spontaneous combustion, and we were told for years that Winter will never happen anywhere on the planet.
What am I missing??
When the worm turns there will be politicians in prison.
———-
Europe has a long history of taking care of their politicians in a more severe manor. That said, how about Senile Joe’s sanction’s?
Economic news
1) The Euro closes at below $1 US Dollar for the first time since 2002.
2) Electricity in Germany hits 700 €/MWh for delivery in August 2023. This 14 times the pre-crisis price. The total cost for Europe in inflationary pressure is almost 2 trillion Euros. (650 €/MWh in extra cost times 2776 TWh per year)
Time for Biden’s Ukie war cheerleaders to wake up?
Why is the West so intent on committing suicide? ….and Vlad says checkmate, again, and again.
I know this was the UK, but I picture Biden in that swing.
He’s set most of the fires he can, and now he’s relishing
watching it burn while he plays.
Most Brits are overweight, so they support going on a diet (even a forced diet) in order to keep warm, while losing weight. After all, that’s better than being fat and cold.
In any case, they are STICKING IT TO PUTIN this winter!!!
Russophobes.
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