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UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

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Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#11

A Mix of Brexit, an aging population, massive underinvestment in basically everything, covid mishandling and huge debt means the UK is around year 0 of a lost decade. I will leave if I can.

Don't worry! Move up here to Scotland. The SNP assures us that all our problems will be solved as soon as we are independent!

(Edit: I probably shouldn't have made this comment. Let's just say I am not disagreeing with you.)

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#12

A Mix of Brexit, an aging population, massive underinvestment in basically everything, covid mishandling and huge debt means the UK is around year 0 of a lost decade. I will leave if I can.

Since this is also related to higher energy prices, do you think the invasion on Ukraine is also a contributing factor? Although if that were the case, we’d also see as high of inflation in other European countries?

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#13

We have a corrupt government and media that itch each others back. There's still a complete lack of urgency. A potential new prime minister trying to defend profits of energy companies recently on TV just shows you the Modus operandi of the political class. It might push people to riots in the streets.

Didn't happen with the bankers 10 years ago, I'm not sure that normal people have the inclination or fight.

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#14

We have a corrupt government and media that itch each others back. There's still a complete lack of urgency. A potential new prime minister trying to defend profits of energy companies recently on TV just shows you the Modus operandi of the political class. It might push people to riots in the streets.

Best of luck. Although I would state that the English Civil War in many ways could be argued to be a mislabelled real revolution [1].

[1]: https://en.wikipedia.org/wiki/English_Civil_War#Whig_and_Mar...

Edit: For context, the parent previously stated that this perhaps may become the first real revolution in Britain.

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#16

A Mix of Brexit, an aging population, massive underinvestment in basically everything, covid mishandling and huge debt means the UK is around year 0 of a lost decade. I will leave if I can.

Honest question: Where would you go?

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#17

A Mix of Brexit, an aging population, massive underinvestment in basically everything, covid mishandling and huge debt means the UK is around year 0 of a lost decade. I will leave if I can.

Don't worry! Move up here to Scotland. The SNP assures us that all our problems will be solved as soon as we are independent! (Edit: I probably shouldn't have made this comment. Let's just say I am not disagreeing with you.)

Thank you for still making it.

I often make comments I feel I need to, and later succumb to the stupid social network reaction of "oh no 3 people downvoted it, surely that means 3 people hate me and no one agrees".

Sometimes things need to be said regardless.

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#18
I live in the north of England where temperature varies from 38F in Jan to 57F in August. It's pretty chilly for me, so I tend to spend a considerable amount of gas throughout the year. I'm renting a house, so deep work like insulation gets complicated.

My point is that even with a comfortable salary, I will feel ~£600/month in energy. I can only fear for people that earn much less than me.

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#19

We have a corrupt government and media that itch each others back. There's still a complete lack of urgency. A potential new prime minister trying to defend profits of energy companies recently on TV just shows you the Modus operandi of the political class. It might push people to riots in the streets.

Didn't happen with the bankers 10 years ago, I'm not sure that normal people have the inclination or fight.

Some would say they rioted in the ballot box, via the Brexit referendum.

Re: UK inflation forecast to hit 18.6% next year, energy bills may rise to £6000

#20
Hopefully the current energy crisis (in Europe) will further accelerate development in renewable energy.

Seems much of Europe is still chained to LNG, and that demand is even wreaking havoc in countries which have been previously quite self-sustained, or really don't use LNG much themselves - with Norway being a good example.

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