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Showing posts with the label cost of living crisis

Cost of Living: Food Price Inflation Continues to Fall

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Summary: Food inflation has fallen for the fifth consecutive month, albeit not as rapidly as before. Staple items like milk and sunflower oil have seen price decreases, providing some relief for shoppers. Branded goods, including popular items like chocolate slices and cheddar, have witnessed significant price spikes. The Bank of England's chief economist anticipates that food prices may not return to pre-pandemic levels. ...

Martin Lewis: Energy Price Guarantee rise would be 'act of national harm'

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Martin Lewis: Energy Price Guarantee rise would be 'act of national harm' If the price rises in April, it's not firms, it's not regulators, it is the government putting people's prices up. Well, I wrote to the Chancellor three weeks ago, asking him to not increase the rise, the energy price guarantee in April by 20% as planned, for all the reasons that have just been outlined there. And most importantly, what you have to understand is if we do increase it, it would result in an act of national mental health harm. People have been battered by successive rises in energy bills, 14% rises in broadband, 7% in water, 5% in council tax. And for the sake of just three months, and you heard the explanation of why it's just three months there, to send millions of people another letter is bad for people's finances. It's bad for people's state of mental health....