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Thread: UK inflation rate at near six-year high

  1. #1

    UK inflation rate at near six-year high

    http://www.bbc.co.uk/news/business-42320052

    Fortunately for the politicians and their banker chums, few people care. I doubt whether they will until they struggle to pay their Sky subscription.

  2. #2

    Re: UK inflation rate at near six-year high

    There a number of reason why inflation effects the economy from higher wages , pension deficit, borrowing , uncertainty ,over demand ,greed ,poor management , poor investment , war , purchase of raw materials as they become scarce , inflated imported goods,disposable income ,oil prices rises , gas prices , and the those evil bankers and politicians ,oh and 28% pay increases

  3. #3

    Re: UK inflation rate at near six-year high

    I did very well out of the 70's inflation. Big pay rises , value of house shot up , good return on savings.

    Austerity and low interest rates have been a pile of shit by contrast.

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