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[Politics] Tory meltdown finally arrived [was: incoming]...



knocky1

Well-known member
Jan 20, 2010
13,108
Rishi has to deliver as Reform have just announced they are putting forward 600 candidates for the next General Election.
 




A1X

Well-known member
NSC Patron
Sep 1, 2017
20,523
Deepest, darkest Sussex
 










Audax

Boing boing boing...
Aug 3, 2015
3,263
Uckfield


Yup. Unless gas prices continued to go through the roof, inflation was always going to fall back this year. Inflation is a year-on-year measure, and from what we've been told the inflation of the last 12 months has been driven by one-off events not by prolonged pressure. Wholesale gas prices have recently fallen back to pre-invasion levels and should therefore no longer be an inflation driver (except watch the price cap go up again anyway...)
 




rippleman

Well-known member
Oct 18, 2011
4,988
Yup. Unless gas prices continued to go through the roof, inflation was always going to fall back this year. Inflation is a year-on-year measure, and from what we've been told the inflation of the last 12 months has been driven by one-off events not by prolonged pressure. Wholesale gas prices have recently fallen back to pre-invasion levels and should therefore no longer be an inflation driver (except watch the price cap go up again anyway...)
The wholesale gas prices are lower now than before Putin's invasion. You would expect the prices to start dropping wouldn't you?

When slippery Sunak eventually comes up with a plan to bring inflation back down, you would expect food prices to tumble wouldn't you? Betcha we never see 65p for a pint of milk again!
 






nicko31

Well-known member
Jan 7, 2010
18,571
Gods country fortnightly
very generic. im sure he said reduce the deficit, debt isnt reducing anytime soon. only likely one to acheive is due to factors outside control, reducing inflation.
He said "debt", they really are treating the public with contempt


We will make sure our national debt is falling so that we can secure the future of public services.
 


nicko31

Well-known member
Jan 7, 2010
18,571
Gods country fortnightly
The wholesale gas prices are lower now than before Putin's invasion. You would expect the prices to start dropping wouldn't you?

When slippery Sunak eventually comes up with a plan to bring inflation back down, you would expect food prices to tumble wouldn't you? Betcha we never see 65p for a pint of milk again!
Energy companies will have purchased gas ahead at higher prices., plus government support will slip away from April. Prices won't fall to the Autumn at best
 




beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
36,014








Machiavelli

Well-known member
Oct 11, 2013
17,770
Fiveways
Yup. Unless gas prices continued to go through the roof, inflation was always going to fall back this year. Inflation is a year-on-year measure, and from what we've been told the inflation of the last 12 months has been driven by one-off events not by prolonged pressure. Wholesale gas prices have recently fallen back to pre-invasion levels and should therefore no longer be an inflation driver (except watch the price cap go up again anyway...)
Yes that may be the case, but I've been told on countless occasions that there's a wage-price spiral :thud:
 










beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
36,014
Labour have been very quick to point out that it would be more difficult to not achieve these than to do so (although perhaps Labour got confused about the debt/deficit too)
saw this, not Labour's strongest attack, saying that everythings going to be fine later in the year.
 




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