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I think there are a whole number of drivers for the current 'sticky' inflation that we are seeing, but there's already threads for most of them :wink: I'm just off out for dinner, but I'm sure in a few hours, and a few glasses I could be persuaded to list them :lolol:

You're right there is not a direct link between the pay rises quoted and inflation, beyond the fact that pay increases are currently being blamed by the Government for 'sticky' inflation and the report that I have linked to shows the income brackets with the fastest growing pay increases are the...

Rather than guessing at numbers and telling us what 'you suspect' it's fairly simple to find some real figures from the Office for National Statistics :shrug: Union fury as figures show pay rises among top earners driving inflation The best paid have had the highest wage hikes, but the majority...

You do realise that there are quoting 100 CEOs because it's the FTSE 100, not because there's only 100 of them :facepalm: And why 10 million employees ? The whole of the FTSE100 only employ approx 4.5 million and a significant number of those are abroad :shrug: There's all the other directors...

UK house prices fall by £5,000 in August https://www.thetimes.co.uk/article/uk-house-prices-fall-by-5-000-in-august-5k85zfttb

Well they certainly would be if they had shot themselves in both feet economically before the further hits of Covid and the Russian invasion had started :lolol: Just lucky that the awarding of those Covid contracts were so well focused to manage the economic impact.

Who would have thought that giving a self-serving lying bunch of incompetents a huge majority and free reign to do what they wanted for nearly 3 years would result in raging inflation, a massive drop in GDP, various industries in crisis. Why didn't someone point out this may happen...

I'd agree with most of what you say but I think most economic bodies agree that Brexit has cost us twice what Covid has. The thing we don't know is what the Russian/Ukraine crisis has (or will do) to the economy. There is no doubt that it has been a shit time to be in charge of the economy. But...

But however it's wrapped up, Inflation has just increased to 9.4%. Just as well we are concentrating on whether Rishi or Liz, two of the senior Government ministers will become PM to keep up the continuity that got us to this position :thumbsup: Can't say we weren't warned, again and again...

I agree completely that we need mature multi party politics for the oncoming economic storm (and would have helped for Brexit, Covid, Ukraine etc etc) but sadly, I can't see it changing as I think it would prove too complicated for a significant number of people if there are more than two...

Without wanting to go off topic, I believe that these are exactly the type of issues that FPTP voting encourages party politics to ignore. All that matters is getting into 'power'. With some sort of proportional representation or AV system, collaboration between parties is actively encouraged...

I agree completely about the need to shop around but unfortunately, whether it's true underlying costs increasing or bandwagon jumping, the result is still the same. More increases in inflation and yet more problems for the poorest :shrug:

UK ‘unprepared’ for soaring food prices and shortages, says head of government advisory body Ian Wright has told The Independent of growing concerns that there is no proper plan for a “scary” future of disrupted food supplies, warning: “This is a bigger crisis than energy.” Cooking oil, which...

I'm sorry but it's only a fixed cost until the Government changes the rules again. Like the interest rates were 'fixed' and the 25 year term is currently 'fixed', although not for much longer if the Government get their current proposals through. KIds are taking out these loans for the best part...

Any graduate earning over £27,000 now re-pays their loan, anyone over 49K will repay it at 12% interest. It was always known that the way it was originally set up was unsustainable but the true cost couldn't be sold to the electorate, hence the various gradual increases in interest rates etc...

Maybe, maybe not, but I would imagine that if I had graduated 10 or 20 years previously and had managed to hit the dizzy heights of 49K to support a family with children I may struggle a little. And, as you rightly point out, the Government says the current maximum duration is 25 years. But they...

And with the current raging inflation rate, how long do you think a household with 49K per annum income should be considered 'rich sods' ???

Inflation now hits 7% and Student loans interest rates due to rise up to 12%. Good luck to any poor sods who gambled on an education to try and get a future. But I'm sure the Government will be focusing on protecting the British Electorate from this at the moment ???

And I know it's simply confirming the bleedin' obvious, but Inflation will hit low and middle-income families hardest This is what a cost-of-living disaster looks like and our economic institutions will be judged on whether they manage to navigate it successfully. They, and households right...