| Have we covered today's Express front page yet? 12:35 - Jul 20 with 1629 views | Plums |
They're not stupid - but obviously think their readership are
|  |
| |  |
| Have we covered today's Express front page yet? on 13:33 - Jul 20 with 1483 views | Freddies_Ears |
They know their readership are stupid. Also, they vote. Which goes some way to explaining the mess we are in. |  | | |
| Have we covered today's Express front page yet? on 13:38 - Jul 20 with 1448 views | Keno |
Its what Princess Di would want them to say |  |
| |
| Have we covered today's Express front page yet? on 15:31 - Jul 20 with 1364 views | Swansea_Blue |
Morons (somewhere, not sure where).
Can someone explain to me how a fall in inflation is "the first fruits" of "a difficult decisions" made by the government, when as we were told yesterday the drop is driven by falling fuel (petrol/diesel) costs. There was a 5p drop in fuel duty from 23rd March, but that didn't have an impact in April and May. So what are these "difficult decisions" they say they've made that have directly lead to a reduction in the rate of inflation? |  |
| |
| Have we covered today's Express front page yet? on 15:54 - Jul 20 with 1306 views | SuperKieranMcKenna |
| Have we covered today's Express front page yet? on 15:31 - Jul 20 by Swansea_Blue |
Morons (somewhere, not sure where).
Can someone explain to me how a fall in inflation is "the first fruits" of "a difficult decisions" made by the government, when as we were told yesterday the drop is driven by falling fuel (petrol/diesel) costs. There was a 5p drop in fuel duty from 23rd March, but that didn't have an impact in April and May. So what are these "difficult decisions" they say they've made that have directly lead to a reduction in the rate of inflation? |
Towards the end of 2022 virtually every economist and financial institution was forecasting a fall in inflation. Totally disingenuous (albeit predictable) for Sunak to try and take credit. The government don’t even have control of our monetary policy - he may as well take credit for the sky being blue.
I suspect he won’t be so quick to claim influencing an economic slump. | | | |
| Have we covered today's Express front page yet? on 16:16 - Jul 20 with 1254 views | Swansea_Blue |
| Have we covered today's Express front page yet? on 15:54 - Jul 20 by SuperKieranMcKenna |
Towards the end of 2022 virtually every economist and financial institution was forecasting a fall in inflation. Totally disingenuous (albeit predictable) for Sunak to try and take credit. The government don’t even have control of our monetary policy - he may as well take credit for the sky being blue.
I suspect he won’t be so quick to claim influencing an economic slump. |
That's what I thought. I was wondering if they had actually done anything helpful other than the fuel duty cut, and a bit of Googling reveals they also took "action against supermarkets increasing their profit margins on fuel". https://moneyweek.com/investments/commodities/energy/oil/605247/why-is-the-petro
Credit where it is due I suppose, but the bulk of the price fall will be down to the fall in the price of crude oil. So yes, quite disingenuous.
Right, I'm off to implement some tough decisions that will result in it becoming darker later on. | |
| |
| Have we covered today's Express front page yet? on 16:42 - Jul 20 with 1210 views | HARRY10 |
| Have we covered today's Express front page yet? on 16:16 - Jul 20 by Swansea_Blue |
That's what I thought. I was wondering if they had actually done anything helpful other than the fuel duty cut, and a bit of Googling reveals they also took "action against supermarkets increasing their profit margins on fuel". https://moneyweek.com/investments/commodities/energy/oil/605247/why-is-the-petro
Credit where it is due I suppose, but the bulk of the price fall will be down to the fall in the price of crude oil. So yes, quite disingenuous.
Right, I'm off to implement some tough decisions that will result in it becoming darker later on. |
If this absurd Prime Miniature had any influence on inflatuon it would be s a brexiter, which has led to around a third higher inflatrion in UK as opposed to EU countries and the US
Were he to be able to bring inflation down, then he would not have allowed it to rise in the first place.
The reality is with the harm caused by rightie politics, austerity, under-investment and privatisation hitting voters hard, there is very little positve this for diminutive absurdity to clutch at.
Rather like someone sat in the front of a roller coaster claiming the credit for slowing down as it climbs upward. | | | |
| Have we covered today's Express front page yet? on 17:15 - Jul 20 with 1172 views | DanTheMan |
| Have we covered today's Express front page yet? on 15:54 - Jul 20 by SuperKieranMcKenna |
Towards the end of 2022 virtually every economist and financial institution was forecasting a fall in inflation. Totally disingenuous (albeit predictable) for Sunak to try and take credit. The government don’t even have control of our monetary policy - he may as well take credit for the sky being blue.
I suspect he won’t be so quick to claim influencing an economic slump. |
I don't think that's entirely true. Two things can control inflation, one is monetary and the other is fiscal, if they went and splurged a load of money on something like handouts for everyone that would probably cause inflation to rise and that wouldn't be in the remit for BoE.
Equally, they could say raise taxes to take more money out of the economy, which would probably have the opposite effect.
With all that said, what have they done? Not a lot really so I agree on that front, they've done little except reverse the crazy tax cuts Liz Truss had planned (which would have made the problem worse). They don't appear to have done much to pro-actively reduce inflation outside of that, but they are happy to take both the credit for inflation coming down and deflecting any criticism that hiking interest rates causes. [Post edited 20 Jul 2023 17:22]
|  |
| |
| Have we covered today's Express front page yet? on 17:24 - Jul 20 with 1139 views | SuperKieranMcKenna |
| Have we covered today's Express front page yet? on 17:15 - Jul 20 by DanTheMan |
I don't think that's entirely true. Two things can control inflation, one is monetary and the other is fiscal, if they went and splurged a load of money on something like handouts for everyone that would probably cause inflation to rise and that wouldn't be in the remit for BoE.
Equally, they could say raise taxes to take more money out of the economy, which would probably have the opposite effect.
With all that said, what have they done? Not a lot really so I agree on that front, they've done little except reverse the crazy tax cuts Liz Truss had planned (which would have made the problem worse). They don't appear to have done much to pro-actively reduce inflation outside of that, but they are happy to take both the credit for inflation coming down and deflecting any criticism that hiking interest rates causes. [Post edited 20 Jul 2023 17:22]
|
But I’m not entirely convinced any fiscal tightening would even have had much impact, people ave already reigned in spending as a result of price rises. Commodity prices and supply chain issues are driving inflation more than consumerism, and 1 in 6 UK firms are now issuing profit warnings. The interest rate rises largely have hit institutions and companies more than consumers at this point. BoE actions have been as much to do with following the Fed and avoiding further sharp falls in Sterling. | | | |
Login to get fewer ads
| Have we covered today's Express front page yet? on 17:27 - Jul 20 with 1128 views | DJR |
| Have we covered today's Express front page yet? on 13:38 - Jul 20 by Keno |
Its what Princess Di would want them to say |
And of course, Kate's cuties. |  | | |
| Have we covered today's Express front page yet? on 17:49 - Jul 20 with 1071 views | HARRY10 |
Of course telling the thickos that prices must come down suggests the Depress will be able to rake up the 'wokey cokey' bogey man when they don't come down. There cannot be the obvious explanation that the Depress lied to those who wanted to be lied to, oh no...... it has to be rr umm Jews. Blacks, Irish, Eurasia, Farmer Jones, migrants, political correctness *
err wokeyness - something even more vague, a word only understood by the true believers....meanwhile
"Britain’s economic growth will fall further behind the euro area next year, and inflation will remain stubbornly high, according to new forecasts that paint a bleak backdrop for the next general election.
Gross domestic product is expected to grow by 0.6% in 2024, well below the 1% gain anticipated in the euro area, a monthly survey of economists by Bloomberg showed." 17th July 2023
* we've done all them, ed | | | |
| Have we covered today's Express front page yet? on 17:51 - Jul 20 with 1067 views | factual_blue |
Is the express still owned by pornographer richard desmond? |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
