The IMF says Britain are not recovering fast enough after the austerity package.
Here may be a few reasons why:
Utility bills up 15%
Dartford Tunnel fees up 30% eventhough it's been paid off many times
Banks not lending to individuals nor SME companies
Overdrafts up to 29%
If you can get a loan it's generally at 14.9%
Credit Card interest upto 30%
Tax up on petrol
VaT up from 17% to 20%
Food costs up for families
I would estimate that daily living has gone up by 25% since the 2008 financial crisis and there are more increases in costs and tax coming.
When there is a crisis like this ALL big companies put their prices up, otherwise how else are they making almost record profits and just look at the banks, they are steaming ahead for their shareholders.
Don't get sucked in by management not taking their bonuses or not taking as much, it is all hidden for when the furore dies down in the form of shares or in a bonus pot invested somewhere.
Here may be a few reasons why:
Utility bills up 15%
Dartford Tunnel fees up 30% eventhough it's been paid off many times
Banks not lending to individuals nor SME companies
Overdrafts up to 29%
If you can get a loan it's generally at 14.9%
Credit Card interest upto 30%
Tax up on petrol
VaT up from 17% to 20%
Food costs up for families
I would estimate that daily living has gone up by 25% since the 2008 financial crisis and there are more increases in costs and tax coming.
When there is a crisis like this ALL big companies put their prices up, otherwise how else are they making almost record profits and just look at the banks, they are steaming ahead for their shareholders.
Don't get sucked in by management not taking their bonuses or not taking as much, it is all hidden for when the furore dies down in the form of shares or in a bonus pot invested somewhere.
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