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Cost of living rising in UK - BBC News
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- Опубликовано: 28 янв 2022
- The cost of living is rising in the UK, and it's changing people's lives.
Growing inflation, supply-chain shortages and changing demand are having a big impact on sticker price.
Ros Atkins reports on the causes - and the people most effected.
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If politicians had to live just one month each year on the minimum wage or benefits, they'd quickly learn some brutal life lessons.
The same thing is happening here in the US. The price of EVERYTHING from food, gas, rent, houses, healthcare is sky high & people are really suffering. Wages have never kept up with rising costs & it’s even worse now. I’m in New England & sleepy little towns with nothing going for them have seen home values increase 50% or more since 2020! Some big cities have seen home values double! New England has brutal winters & my energy bill now is 3x what it was last year. It’s scary to think what the future holds for the everyday man & woman!
Inflation..... The amount of money in circulation and the velocity of that money....
If you’re a prospective first-time homebuyer hoping (or praying) home prices will decline in 2022, don’t count on it. If people are waiting for a price to decline, well, it’s not going to happen. Heading into the spring of 2022, mortgage rates have increased over a full percentage point and while purchase demand has cooled, it remains firm. Supply remains near record lows, so home price growth is expected to remain high through the spring homebuying season before cooling off later this year as mortgage rates continue to rise.
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That's because stupid Boris fired Mark Carney he,s the one who kept interest rates low. Boris and the rest of his idiots need kicking out pray for ukraine with this dim witted idiot helping ukraine.
You can never understand, unless you're having to live it. Most Tory MPs will never have a clue how debilitating it is to live like this.
The man who parties while he mandates COVID restrictions understands how difficult it is for low income people to live.
This is GLOBAL. I pray that more people will make better choices for everything. I'm 32, not married, no children and with all the taxes they from my paycheck and salary not increasing, I'm grateful that I am very disciplined with my spending but I do think the situation is scary. As a social worker, I am realizing more and more that people are sinking more into poverty even if they are working......
I compared our weekly food bill (from a major supermarket). I tend to buy the same stuff so I could compare it easily. Novembre 2019 : £45.35. last week £56. Given some differences of purchases that's still about 25% increase. Absolutely shocking!
I live in Argentina so this is situation is pervasive here! Inflation and poverty through the roof, made worse by the pandemic.
I will tell you this, when a couple that works full-time and lives together are unable to save any money. You know things are wrong
‘I can’t wait till I’m an adult, I can do whatever I want and travel the world’
Reality:
Hahahha
This is soo sad I'm terrified for my children's future in this unfair world that we live in.
I love how they blame inflation on “more need” how about we talk about how corporate greed is a major reason why items go up?
As people we are going to have to be self sufficient and find ways of growing our own fruit and veg, making our own clothes etc.
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The real issue is not fuel bills it's rent. In a lot of areas rent has doubled in the last few years. Why is nobody talking about this?
Boris understands? Hes been spoon fed his whole life. He doesn't have a clue what its like to live in the real world .
Even full time workers are having to choose between heating or eating...I'm single and work full time and finding it really hard already..I can't imagine how families with children are going to cope....prices never ever come down when they go up either.
it's the summerin the UK , who is choosing integrating and eating ?
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Cost of living across the world is rising not just the UK.
Do not fully beleive this people. Inflation and price hikes were already happening before the pandemic, which increases during and now Ukraine. So the root cause is inflation. Learn about how fractional banking, fiat money and how the central banks work. Losing our ability to manufacture what we use is critical why we have supply chain issues which causes increase in prices
My gas and electric bill comes every 3 months and this time we had to pay £280 on top of rent, council tax, food, tv license, car insurance and petrol on top of other bills. We have a new baby also so idk how they expect the wages to remain the same while the cost of living is increasing.
Funny how prices go up but wages stay the same.
Massive increase in energy cost will have inevitable knock on effect. It is s tough ride. Time to reduce energy waste, food waste and focus on reducing impulsive buying.
Pitajee Dauda, nobody's wasting food here. we need it badly our damned selves
It’s happening here in Canada. Seems to be almost everywhere.
(Just an American’s opinion, as it's happening here too) The amount you have to pay in a tax bracket always goes up. The cost of insurance, the cost of living always goes up. Why doesn't the minimum number of the bracket ever get adjusted upwards too? Ex. If everybody’s wage will be in the first-third tax bracket it wasn't like that back, then to have a living wage. Why do we have to go through that many brackets now?
Economics teaches that Natural inflation should theoretically come with rising wages to match the inflation, so that people’s real purchasing power stay the same. However, it seems this is not the case. Why? Where is the money going?
Prices are up but this is definitely not a UK-specific problem. It’s sky high in North America
How about closing loopholes that allow the wealthiest individuals and corporations from paying the full extent of their taxes?
This is crazy 🤪. And MPs get a 2000 pound raise. Time to demand a change. Those politicians are liars.
Not in the U.S. my 23 hundred square foot home... single story...$96.00 for the last 30 days...I pay 16 cents per Kilwatt.hour electric....fixed rate for 5 years....
While the cost of living increase the government are spending over 2.5 billion pounds a year on housing illegal immigrants in hotels across the uk at the expense of the tax payer. This is illegal human trafficking made legal which helps transfer tax pounds into the pockets of the lose involved in human trafficking. Over the next year or so the bill for human trafficking will rise costing the uk tax payer closer to three billion pounds a year.
And it's literally the work of the BBC that has helped bring forth this situation.
How can ordinary people take the money for all of this? Wages remain stagnant as bills and food prices continue to rise. It's the authorities' fault, so let them cover the differences with their own money if they can't manage !!!
i heard about inflation in PL, but Duda is putting his energy on abortion and gay people to detract from it all. i hope bigotry keeps regular PL warm at night because its bad out there. PA, Pa !
With everything rising the younger generation are not going to be able to move out without struggling. Not like they are getting pay rises. People who have moved out are scraping and are struggling. Such a shame
Let's not shower except once a week, not warm ourselves even if there are ill people at that household, only cook pasta and mashed potatoes and not go anywhere except for commutting to work to spend as less diesel as possible .... This is depressing and suffocating
I did food shopping for £1 every week, now they have put cameras everywhere so no longer possible
Welcome to our world. We can't pay rent, pay bills pay to keep our cars on the road and buy food. With two incomes we have to have foodstamps.
I feel so sorry to hear that. Are you both on minimum wage?
Pfffft 60 a month! We pay almost 400 for our power bill. Its ridiculous, and I'm in the US. Between groceries, and home costs we are paying about 500 extra a month now. This has to stop.
When Boris Johnson says he understand the problem he meant he understand how his wealthy friends need it more ,who all have shares in oil and gas companies, rather than the people
Boris understands. What a comfort.
So sad that it’s happening worldwide 😑😢
Electricity company charged us £70 last month, for a two bed flat, and low energy consumption £70 IS INSANE !!!!
think about it, costs like 800 to 1000 to rent a place, then 200 for electric, 200 for gas, 200 for food, 200 for petrol. thats £1800 a month, average wage is like £1900 a month £1400 after tax. No money to save, no money to pay for things that break.
Not being flippant here because we do it, but it's time to start reusing tea leaves and foregoing milk. I can get four cups of tea from a few teaspoons of green tea. I put ginger in it, from my garden.
Breakfast is one scrambled egg from the hens and fried potato and a bit of onion, from the garden. Lunch is a free soup made with scraps that might be tossed by some--we save the scraps in the freezer. Dinner could be a lovely Thai inspired coconut curry made with peanut butter, chickpeas, vegetables, and secret spices served over Basmati rice (6 servings for less than 33 cents USD per serving), with cole slaw in Asian dressing on the side. Dessert would be homemade brownies or chocolate chip cookies.
Other nights we might stretch a can of salmon in a salmon loaf and use the broth in a salmon soup. Or I'll make a large batch of salmon patties from two cans (reserving the broth for soup) and freezing the patties for quick meals. The salmon patties are good with a maple-blueberry reduction sauce or in a home baked bun with spinach, onion, and tomato from the garden. I like to slightly dehydrate and freeze chopped red tomatoes from the garden to put a diced tomato relish on the bun in the winter.
There are so many ways to stretch the food budget. Some just need a little extra prep. Don't pay corporations to prep your food!
37,000 illegal immigrants in hotels cost 4,700,000 a day, that is £127 each per day that is £46,000 each immigrant per Year. State pension £7,000.
Energy prices, inflation,high house price. If you import 300 000+ new people into a small island to resettle every year to compete over the existing housing stock, what do you expect other than rents & property prices will escalate.(100000+ BNO immigrants from Hong Kong came to UK last year).
Classic. Blaming immigrants for your problems. lmao
Cost of living has risen so much that they take photos of people for thumbnails without asking permission
Same in the US!!!! Since Covid-19 the rent and home buying prices have sky rocketed! Just 4/5 years ago I paid $720 for a 2/1 bath home in a not so nice neighborhood w/mediocre schools. That same neighborhood similar homes are $ 1400! How? Since 2021 the average rent prices are $1400-$1600 for basic homes…not nice neighborhoods with great schools. Decent neighborhoods are $2200 for RENT! Its nearly impossible to afford a roof over your head for the average person.
Food inflation is not 5 %. Its more than 50%. The quality of food, packaging, volume and price have risen more than 50%
Everything goes up apart from salary!!
Crude oil prices...what a joke... crude oil price 2008 June- 178 $, fuel 102 pence, oil price 2022- 92$, fuel 145.6 p....
come on real inflation rate is about 30%. the thing which costed 90 cent, now cost 125. do the math.
Cost of living is high everywhere. Honestly I don’t know how long this can keep going
Not in the U.S....plenty of gas and oil....I live in Houston Texas..drive a Mercedes Benz C300 08'... premium gas ⛽ is $2.91 cents...love it....
Comments open? Yay!! Didn't expect that. Keep this open, _PLEASE_ !!!
Boris you have no idea . Stop that. You no idea what is like to choose between food or warmth
In Hungary the price of many basic foods has been frozen, while utility bills and public transport prices have been frozen for years. Hungary is far poorer than the UK so if it can be done here why not there?
i would never want to live under Wiktor Orban. Yikes !
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After this is all over, The poor are going to be hit the worse by the rise to inflation. I'm a poor man, I now can't afford my bills and I'm not able to afford fruit or vegetables anymore. This means my health is suffering and I'm completely stressed due to worrying about when will my electricity supply be cut off. This is the real story of the poor man.
Forever Together
If you're in the UK and struggling with psying your energy bills british gas have a fund to help you pay. Contact them and ask them about it.
Does it seem strange that, out of all reasons listed, no one mentioned how much money being printed in the past 2 years?
Nobody is talking about reducing the oil and gas dependancy. I am sure many people who are complaining about high costs still have their car for example.
better off on benefits is now the case for a lot of working people. in the midlands people on benefits have new cars and holidays abroad regardless of the rising costs. you will find that it is the workers that really struggle because they get no help at all. There is also this new trend of benefits are not feeding kids so they take the food from those who really do need help. I am talking about food banks and such. the system is totally wrong!!
Yep, I work and am left with less disposable income after the bills r paid! ( on average less than £200 per month is left for fares, food, toiletries)
I have no car - and may have to go to a Food bank now - as not enough money left to feed myself = £25 per week for food + cleaning items is not enough by a long shot!
New clothes or a night out! What's that? Saving for a Holiday , LOL.
The pay in England is so bad and they need to stop taxing people so much.
In the US you pay a utility bill every month based on what you used is it not like that in the UK and why are taxes so high you pay taxes based on your check on income bracket
why are we buying all this in ???????????
Cheer up England. I live in America and it's much worse here. Orange juice is $4 eggs are $2.5, 6 donuts are $4 , 6 slices of ham $5, 10 cheese slices $2, bad bread $4. Rents have gone up 30% in most city's and gasoline is at $4.19 a gallon. Cars new or used are impossible to buy. And it's only gonna get worse.
5p off petrol total rubbish when it went up 12p in one day. It should be 5p off the tax on petrol. MOT every 2 years ? Rubbish as I want to know if my car is safe to drive. Idiot government should reduce road or vehicle tax for driving on unsafe roads full of potholes, this government is a disgrace
My watch battery ran out a couple of days ago so, this morning i popped into Timpson on Glasgow`s Argyl Street to get a new one. The old one lasted a full year having got it just after the 1st lockdown and cost me £5. Today the same battery was and i quote what he said " I can give you a new one for £12:95 with a 1 year warranty or, a 5 year warranty for £17:95 " I told him to get stuffed. All batteries come with a 1 year warranty as standard.
Avoid Timpsons at all cost.
Imagine believing that voting Tory won't make your life worse 😂
Did anyone else see the girl in the thumbnail talking about it on tiktok?
YES LOL😭
Also In Burma, all of the prices are up enormously
I live in New Zealand and it’s crazyyyy Petrol price hits the highs price ever , and veggies are crazy + housing cost.
1:28 isn’t that when you should put the heating on - don’t have it on in the summer. No such thing as a crisis, just people wanting more and more for less and less!!
I hope the cost of living goes down is affordable this increase is not acceptable
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2012 till now equates to a 70% rise in her food basket. My salary has increased by 80% in that time. And its nothing remarkable.
Cutting the VAT for gas and electricity would be such a life saver. It would realistically mean prices have only gone up by 95% rather than 100%.
No one can say we have not been warned about this for some time! Most people have, as usual, totally ignored it, I have been advising anyone who would listen for a considerable time now to stock up on dried foods such as rice, peas, beans pulses and pasta.Powdered milk and tinned foods are essential. Make sure you have plenty of powdered gravy mixes in stock to add flavour to your soups and stews, Sure its not everyone's cup of tea but it stops you from starving ! We are in for a very hard time folks trust me. We have had a considerable time to build up supplies but most people as usual have their heads stuck firmly up their arses! Another good idea is to dig out grandma's old cookery books and begin educating yourselves on survival tequniques ! Very nourishing and tasty curries can be made from dhall's and pulses, and the dried stuff lasts for years! Stock up on tinned meat, frozen fish and tinned fruit, this will sustain you when everything else is out of reach.
It's amazing how much fresh food you can grow in a small space!
Things such as toilet paper will become scarse as paper Mills begin closing down due to the huge increase in gas prices as most Mills depend wholly on gas to power the Mills.
Well done to all those out there who have heeded the advice, stay safe and healthy!
Its been rising for years. Its the system that we live in. As well as the rapid rises caused by Global events, we have rises in response to pay increases. The more money we earn the more companies put their prices up. Its a vicious circle. But its the position the Government keep us in, we cant all be well off because you lose workforce motivation. However, the gap between lower wage jobs and cost of living has become so big, that they now have to constantly allow Immigrants here, (legal or illegal it doesn't matter), to do those lower paid jobs because most of us cant afford to do them. The cheapest accommodation available just to keep a roof over your head (room in a shared house) is now barely affordable on minimum wage, so where do we go from here?
This is Not Only Happening in the UK it's Happening in Sri Lanka, Pakistan,Afghanistan and Round the World. The World is Experiencing A New Kind Of Economical Problem. After Covid 19 Like Hyper Inflation.
I heard things in the UK went up straight 50%. I can’t imagine and am terrified for the rising prices everywhere impacting people
We can use Karoseen for cooking, while boiled policy is better holding oil as consumption commodity.
The fact that not only are bills going up but at the same time prices going up because of that yet wages aren't covering these higher costs makes me so angry
Now this is real news. Non biased information. A plethora of facts to back up the statement; the cost of living is rising in the UK.
I actually have what would of been 5 years ago fairly good income but even I am scraping by and only using the heating when absolutely necessary.
We are at a point that living it’s a privilege!
It always has been
The heating will be turned off. We need to buy blankets, jumpers and candles. I refuse to give the gas company any more of my money. Shop at Aldi, or Lidl and make your money stretch.
I know this isn't government help but some ideas if you are cold emergency blankets they are cheap (sold online also) they work by not letting out 90% of anything (heat/air) out so you can use them to wrap yourself in if you're cold especially the little ones. You can also use the emergency blankets to insulate your windows and doors its not pretty but it will help. As far as not having gas for the stove you can get a slow cooker or an airfryer or an electric cook top they sell ones that are smokeless indoor grills which work well, also, I don't know what the laws are but you can cook meals outside on a grill with charcoal and bulk cook them. If you can't get an emergency blanket regular plastic bags and duct tape will help fill gaps along windows and doors, (aluminum foil will also help small holes and gaps). It's not ideal but I hope this helps someone.
There was nothing, absolutely zero help for older women like myself who have no family support and on very low income. I despair at this heartless government. With all the bills going up and no increase in income the very least they could do is to give us a proper reduction in the energy bill that is NOT a loan to be repaid. Take away the MPs salary rise and ask them to donate their £300 daily expenses to this crisis!!! Surely the government can do more?!!
Britain is basically paying for a seat to be seen on the world stage, while the public heating bills skyrocket and the cost of living becomes unbearable for 5 million people and ministers are busy taking underhand payments from millionaires friends, and oligarchs.
It’s not just the UK , the US cost of living is crazy.. I paid $20 not including tax for a box of masks in Chicago .. in the suburbs it’s $8 not including tax.. gas in the city is almost $5 and suburbs it’s just a dollar off.. minimum wage ain’t cutting it, how do they expect people to pay their bills?! Can you imagine how many more homeless people there are now? A rise in crime? Government what are y’all doing?! No F’s given
Some things that will cut down your costs of living
- use a bike/public transport instead of a car. or just walk if you are not in a rush
- cut down on snacks
- eat 2 meals a day instead of 3. cut breakfast or lunch. (this is if you are an adult - for teens and children eat as usual but minus the snacks)
- cut down the alcohol or cut it out altogether
- buy only clothing that you need and when you do buy something make sure it's a high-quality piece that will last you forever.
- do not order food
- make homemade meals
- layer clothing at home instead of using the heater. only switch it on when you are taking a shower and need to stay warm
People will not be happy with “we understand the pressures people face” on the long term…
This is world wide problem. Your money can't keep up with inflation.
I’d be glad if the inflammation on food would be around 5%. In my country it’s around 20%.
How dare Boris Johnson ever say that he understands!! That is very insulting. They should feel ashamed taking such high salaries while everyone else earns a fraction of what they do.
It is not bad. In Argentina will be 80%
Stop charging ppl in the country for a (bbc) license which is outdated and would help go some way to help with these costs.
Britain, yesterday's global empire, is not even able to provide a decent and comfortable life to all its people. It's heart breaking to see old people worrying about what to choose - food or warmth! Free market economy thrives at the cost of ordinary people.
i have an idea that could help solve the rising cost of living
Which is we grow mushrooms on trays stacked on top of each other because mushrooms
Our the perfecting candidate for it because if you were going to do it with cabbages for example
The roof of each tray would block out the sunlight for the cabbages below however if you
Do it with mushrooms you won't have that problem because most mushrooms don’t need sunlight And if a lot of people do it can bring down the cost of food worldwide because of supply and demand
I don't believe it. My wife an I live within our means, no satellite TV, no phone contracts and a sensible budget. Too many people expecting everything for nothing, just like those coming across the channel.
" I UNDERSTAND HA DON'T MAKE ME LAUGH... YOU UNDERSTAND NOTHING... POLITICIANS FOREVER MISSING WITH PEOPLE LIVES 💔