In typical BBC fashion, they downplay a rise in inflation, blaming it on the cost of oil. They forgot to mention the tax rise Gordon Brown gave us in September 2009 on petrol / diesel, and the 2.5% tax rise to come in January 2010, and further tax rises on petrol / diesel before the 2009-10 tax year ends.
Look into the shops, and they are selling (especially food) items in smaller packs, but at the same price, so it looks like the price has stayed the same, but it has not, you pay more and get less.
The government and the ONS also are keeping quiet about the inflation that their £200bn raid on savers, called "Quantitative Easing" has done to the UK economy, or rather, to savers. Borrowers are still living the life of Riley, and will hit the economy had soon.
Recorded from BBC 1pm News, 17 November 2009.
Arhhhh Dont even get me started on petrol prices! I swear to god!
TheLordRose 2 years ago 6