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Global Prices Rises On Many Commodities
https://www.bbc.co.uk/news/business-58847275
So many factors in play around the world life is going get more expensive.
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Re: Global Prices Rises On Many Commodities
Don’t forget the NI hike, Council Tax increases and increased utilities costs.
If we have a particularly cold winter this year a lot of people are going to be in trouble.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
life on mars
its all the Tories Fault :thumbup:
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Re: Global Prices Rises On Many Commodities
Hopefully food prices will be a blip but I very much doubt prices will fall at the same rate they will be going up when the various crisis are over.
However, there does appear to be a lack of a coherent plan to move the country forward (not just after brexit) that are causing the non-food increases in the UK.
The recent deal with Norway was a step forward but we should be moving our economy and country to a future that doesn't rely on us importing petrol, diesel and gas and towards producing our own clean electricity; it's crazy we aren't working on tidal energy as it is far more reliable than wind and solar plus it's on all four sides of the UK.
The money being wasted on HS2 could totally revolutionise our energy grid, housing and vehicle charging infrastructure whilst creating jobs throughout the UK not just in a corridor between London and Brum.
Food is a more difficult fix however it is easy to fix the lack of employees here to pick the food we grow and to drive the lorries to move it around the UK. However, any companies that import workers must train up an equivalent number of UK people to eventually take up those roles. Then any quotas can be tapered over time.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
blue matt
its all the Tories Fault :thumbup:
Just wondering, was your attitude the same towards the Labour Government in 2008 or was that all their fault?
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
blue matt
its all the Tories Fault :thumbup:
Even if its not their fault only ***** vote for them.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
Canton Kev
Don’t forget the NI hike, Council Tax increases and increased utilities costs.
If we have a particularly cold winter this year a lot of people are going to be in trouble.
At least if we have a particularly cold winter electricity bills will drop, on account of there being no electricity..
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
life on mars
Wherever you look there's a storm brewing. Across the 'western world'. 20 plus years of bad, lazy government[s], strong on rhetoric but short on sensible and practical ideas, are beginning to have an effect. Nothing seems quite right anymore. Companies that have lost £millions since they started and are never likely to go into profit are worth £billions. Even China is facing a £5 trillion property -related nightmare.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
blue matt
its all the Tories Fault :thumbup:
Or Brexit
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
A Quiet Monkfish
Wherever you look there's a storm brewing. Across the 'western world'. 20 plus years of bad, lazy government[s], strong on rhetoric but short on sensible and practical ideas, are beginning to have an effect. Nothing seems quite right anymore. Companies that have lost £millions since they started and are never likely to go into profit are worth £billions. Even China is facing a £5 trillion property -related nightmare.
I would add that some companies made many millions/ billions in those very same 20 years of competitive free markets ,wonder where that dosh is now 🤔 ?
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
blue matt
its all the Tories Fault :thumbup:
Your chaps have had a decade plus now
We are out of Europe
It's certainly not Labour's fault , is it ?
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
life on mars
Or Brexit
I think that's right
It's a bit of both
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
Harry Paget Flashman
Even if its not their fault only ***** vote for them.
It is their fault
Universal credit?
1000 quid a year for some , wiped out
Utter bastards
Hopefully those who voted for them and yet again have been crapped on will think twice
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Re: Global Prices Rises On Many Commodities
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Originally Posted by
blue matt
its all the Tories Fault :thumbup:
It’s not their fault but they’re not minimising the impacts fairly
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
SLUDGE FACTORY
It is their fault
Universal credit?
1000 quid a year for some , wiped out
Utter bastards
Hopefully those who voted for them and yet again have been crapped on will think twice
Did they need to raise it in the first place?
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
A Quiet Monkfish
Wherever you look there's a storm brewing. Across the 'western world'. 20 plus years of bad, lazy government[s], strong on rhetoric but short on sensible and practical ideas, are beginning to have an effect. Nothing seems quite right anymore. Companies that have lost £millions since they started and are never likely to go into profit are worth £billions. Even China is facing a £5 trillion property -related nightmare.
We’ve profited for years off our unfair leverage of the poor. Both domestically and internationally. Now the west is looking for a more egalitarian society we’ve got to pay for it a different way.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
SLUDGE FACTORY
It is their fault
Universal credit?
1000 quid a year for some , wiped out
Utter bastards
Hopefully those who voted for them and yet again have been crapped on will think twice
It was increased as a result of the pandemic, alongside things like furlough and loads of other support. Are you saying that there should be no emergency support for families in times of crisis?
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Re: Global Prices Rises On Many Commodities
You can see it all here: https://tradingeconomics.com/commodities
Some of the rises are eye watering. Not uncommon in certain sectors at various points of crisis (like oil price in the middle east if there s a war etc) but the rises across the board are startling.
Numerous factors, but the over-riding one is a global economy that shutdown and then re-started, with everyone scrambling for a finite amount of gas, corn, coal, shipping containers, steel etc etc at the same time.
Since the start of 2021..
Brent Oil up 62%
Natural GAs up 125%
Gasoline up 70%
Propane up 126%
TTF Gas up 358%
Steel up 40%
Coal up 198%
Tin up 80%
Lithium up 254%
Coffee up 54%
Sugar up 31%
Oat up 80%
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
JamesWales
It was increased as a result of the pandemic, alongside things like furlough and loads of other support. Are you saying that there should be no emergency support for families in times of crisis?
A few pages back you were claiming the COVID additional funding for the NHS was meeting the Brexit bus £350m funding lie!
You seem to like emergency funding when it suits your argument and political view, but dislike it when it doesn’t.
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Re: Global Prices Rises On Many Commodities
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Originally Posted by
jon1959
A few pages back you were claiming the COVID additional funding for the NHS was meeting the Brexit bus £350m funding lie!
You seem to like emergency funding when it suits your argument and political view, but dislike it when it doesn’t.
No I didn't.
I said increases in the NHS budget since 2016 have, even allowing for inflation, increased the NHS budget by more than £350m a week. And they have. Thats nothing to do with Covid.
I also don't object to the UK govt keeping the U/C uplift (my ex kids benefit from it too). I'm just saying, it was increased as a result of the pandemic, as a temporary uplift. Temporary solutions, by definition don't last.
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
JamesWales
No I didn't.
I said increases in the NHS budget since 2016 have, even allowing for inflation, increased the NHS budget by more than £350m a week. And they have. Thats nothing to do with Covid.
I also don't object to the UK govt keeping the U/C uplift (my ex kids benefit from it too). I'm just saying, it was increased as a result of the pandemic, as a temporary uplift. Temporary solutions, by definition don't last.
I meant ex and kids btw...just to clarify..:frown:
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Re: Global Prices Rises On Many Commodities
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Originally Posted by
WJ99mobile
Did they need to raise it in the first place?
Yes
It's feck all to live on anyway
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
JamesWales
It was increased as a result of the pandemic, alongside things like furlough and loads of other support. Are you saying that there should be no emergency support for families in times of crisis?
I don't remember saying that ? 🤔
In fact there hasn't been enough emergency support
20 quid might be feck all to you
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
JamesWales
No I didn't.
I said increases in the NHS budget since 2016 have, even allowing for inflation, increased the NHS budget by more than £350m a week. And they have. Thats nothing to do with Covid.
I also don't object to the UK govt keeping the U/C uplift (my ex kids benefit from it too). I'm just saying, it was increased as a result of the pandemic, as a temporary uplift. Temporary solutions, by definition don't last.
Yes you do , help when I suits your horrible capitalist ways , everyone else can piss off and sink
This is a dual poster and I know who it is
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Re: Global Prices Rises On Many Commodities
Quote:
Originally Posted by
SLUDGE FACTORY
Yes you do , help when I suits your horrible capitalist ways , everyone else can piss off and sink
This is a dual poster and I know who it is
Jesus christ mun :hehe: