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The price of some things seems to be volatile. I think there must be a spike in international chocolate markets or some such. Sainsbury’s recently increased the price of both Club and Penguin biscuits from £1.60 to £2.00 a pack in one hit, so a 25% rise. 

16 hours ago, Sephiroth said:

Now it's true that inflation is impacting countries everywhere - but guess what's making things worse in UK

The disastrous decision by Rachel Theives  to increase employer NI thereby pushing up costs to businesses resulting in higher prices is my guess 

Well we were either taxed more or the money had to come from somewhere else ... Either way we would have less money to spend but the former was preferable.  Expect the market will adjust, hopefully sooner rather than later.  Reducing the amount of unprocessed food would be a great start both for our pocket and our wellbeing 

39 minutes ago, Spartacus said:

The disastrous decision by Rachel Theives  to increase employer NI thereby pushing up costs to businesses resulting in higher prices is my guess 

you would be wrong - price differentials like this predate current labour government

(labour NI increase also doesn't come close to many European countries in terms of cost overhead)

 

what is with people in this country refusing to countenance the damage Brexit continues to do

Just remembered that we paid a lot more for our CDs compared to Europe.  Government investigated, the industry said we had higher quality product.  Then that argument collapsed and we got parity.  Now we are outside the trading bloc we don't have these competitive pressures.  I think we were told that Brexit would make things cheaper.  Do you have an answer Farage, Gove and Johnson?  The first will blame the others, the others have their well paid careers, so don't care 

42 minutes ago, malumbu said:

Well we were either taxed more or the money had to come from somewhere else ... Either way we would have less money to spend but the former was preferable.  Expect the market will adjust, hopefully sooner rather than later.  Reducing the amount of unprocessed food would be a great start both for our pocket and our wellbeing 

The better choice would have been to raise employee NI back to the pre cut level thereby taxing those who work and can afford it without pushing up prices for everyone. But stupidly "there will be no tax increase on working people" which is why it's disastrous in my mind. 

Catch 22, if they said sorry you will need to pay more tax as the country is broke and we need to rebuild the economy, they may not have got in.  And if they had raised taxes for those working they would have been roasted for not following their pledges.

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