It is tough being British! Over the last 5 years energy prices have risen 76%, flour 89%, bread 50% and petrol prices 42% whilst real wages have fallen. While inflation presently remains high at 4.5% average wages rose just 2.3% (in the year up to March). This means a significant fall in the standard of living for many British people especially those low or fixed income earners. Please read the attached article from the Daily Mail.Monday, 13 June 2011
How tough is it going to get?
It is tough being British! Over the last 5 years energy prices have risen 76%, flour 89%, bread 50% and petrol prices 42% whilst real wages have fallen. While inflation presently remains high at 4.5% average wages rose just 2.3% (in the year up to March). This means a significant fall in the standard of living for many British people especially those low or fixed income earners. Please read the attached article from the Daily Mail.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment