Fastest growth G7, vaccines, all rules were followed, hurrr hurrr… peppa pig!
…and heard the BOE Governer asking for restraint over pay rise requests? He earns over £500,000
weren’t we told by the current government who’ve been in power for the last 12 years that these reductions in wages and living standards would only happen under corbyn?
*giant thinking emoji*
Yes. Printing endless money, shutting down the economy for 2 years, and disrupting commodity supply causes stagflation. Even worse, in situations like these politicians distract the population by banging the war drums.. uhhh quick everyone focus on Ukraine!
Wait I thought since Brexit we were all super rich earning 20/hour ?? You mean to tell me wages are more complex than blaming immigrants? I can’t believe it /s
Oh well that rather shits all over the whole ‘rising wages Brexit benefit’ shite that was never convincing to begin with.
A better summary:
“Growth in average total pay (including bonuses) was 4.3% and growth in regular pay (excluding bonuses) was 3.7% among employees in October to December 2021. In real terms (adjusted for inflation), total and regular pay fell on the year at negative 0.1% for total pay and negative 0.8% for regular pay.”
“Regular wages …. increased by 3.6 between October and December 2021”
Meanwhile; in the public sector.. 1.75% for April-2021 – April-2022
Meanwhile everything I “contribute” towards has gone nuts.
Electricity: 17 pkwh > 33 pkwh
Diesel: 121 p/l > 150.1 p/l
Council Tax: £1,079.30 pa > £1483.84 pa !!!!!!!
NI: Risen to 12%. Wiping off £257 a year in a flash.
My pay rise last year: 3%.
My real world pay cut: Somewhere between 20 and 30% based on the cost of living (and the cost of commuting).
How long is it before the bubble bursts? Multi nationals and big business, SMEs and organisations have consistently seen staff costs as the area to avoid investing in to enable them to keep operating profits roughly at a keel with whatever they were pre 2008 crash. Sooner or later, the workers are going to stop buying into this when they realise that the increase in the RPI is literally driving them into “in work” poverty.
With this cost of living crisis I fear we’re going to enter a new almost Dickensian era in the UK of haves and have nots, which will make austerity look like a walk in the park.
On one hand we’ve got people who are employed but rely on foodbanks to feed their families, on the other hand you’ve things like artisan bakeries and coffee shops opening where customers happily buy a loaf of bread for £3 or a coffee for £5.
On one hand we’ve got people who can’t afford to keep their pet dog anymore, on the other hand you’ve got people who can afford to hire dog walkers because the hassle of walking a dog and clearing up its poop is just too much like hard work.
On one hand we’ve got people who are struggling with the rising cost of petrol that they need to put into their car to get to work, on the other hand we’ve got people ‘struggling’ to decide whether the next car is going to be a Tesla or a Polestar.
So I’m actually too poor to afford petrol to go into the office, which I need to do to fix my busted ass lagging laptop and do some updates. This is some BS.
Wait, wasn’t Johnson crowing on about “it’s doesn’t matter how many people die, we’ve got rising wages”. Turns out we’re all just getting poorer. Well, not all, the Tories and their chums will have their snouts in the trough.
Edit: not a genuine quote of Johnson’s
Amazing how it’s branded just as ‘cost of living crisis’, a fact of nature that has nothing to do with any government decisions or policies. The government is just bravely standing up to it.
Mind-boggling – remember how the crisis of 2008 was Gordon Brown’s personal failure?
What age is it youre supposed to become more conservative? I’m becoming more and more left leaning.
The outcome Tory voters wanted. It’s 100% undeniably the outcome of their vote, and they have kept telling us for years that we are the ones that don’t know what the fuck we’re talking about. So this is what they wanted. They wanted this. It’s what they like. They love it.
The only other alternative is the conservative voters don’t know what the fuck they’re voting for, and keep voting for these kinds of financial disasters unknowingly. But that can’t be right. They kept telling us that we were the ones that didn’t know what we were voting for.
Well it’s a good thing we did Brexit, can you imagine how bad all this would be if we weren’t in the sovereignty rich sunlit uplands period of British history right now?
I got 2%, but its ok because the company started a scheme where we can sell our ‘unwanted’ annual leave back to make up the difference (over the legal minimum of course).
Nothing fishy or offensive about that, oh no.
No shit. Its like this across the globe. Tell us something we dont know. Never mind the amount of people being laid off due to the covid debacle and then replaced by minimum wage workers.
Is there month on month data on pay raises? I doubt many people get a raise or change job (to get a raise) in December… April/May is a busy time in my industry.
Just wondering…
But my MP posted this today. Surely hes not posting misleading info? /s
* “Unemployment down
* Wages up
* More people on company payrolls than pre-pandemic
* Our #PlanForJobs is working”
I hate how it’s talked about like it’s a natural ebb and flow.
If this keeps happening, the revolution will be coming soon
Average or median? Because average includes millionaires and billionaires who had a huge increase in income.
26 comments
So according to my favourite banker that means the cost of living is going to fall and I’ll actually be better off! /s
“And while regular wages, excluding bonuses, increased by 3.6% between October and December 2021”.
Printing money always causes inflation. Simple fact.
Fastest growth G7, vaccines, all rules were followed, hurrr hurrr… peppa pig!
…and heard the BOE Governer asking for restraint over pay rise requests? He earns over £500,000
weren’t we told by the current government who’ve been in power for the last 12 years that these reductions in wages and living standards would only happen under corbyn?
*giant thinking emoji*
Yes. Printing endless money, shutting down the economy for 2 years, and disrupting commodity supply causes stagflation. Even worse, in situations like these politicians distract the population by banging the war drums.. uhhh quick everyone focus on Ukraine!
Wait I thought since Brexit we were all super rich earning 20/hour ?? You mean to tell me wages are more complex than blaming immigrants? I can’t believe it /s
Oh well that rather shits all over the whole ‘rising wages Brexit benefit’ shite that was never convincing to begin with.
A better summary:
“Growth in average total pay (including bonuses) was 4.3% and growth in regular pay (excluding bonuses) was 3.7% among employees in October to December 2021. In real terms (adjusted for inflation), total and regular pay fell on the year at negative 0.1% for total pay and negative 0.8% for regular pay.”
“Regular wages …. increased by 3.6 between October and December 2021”
Meanwhile; in the public sector.. 1.75% for April-2021 – April-2022
Meanwhile everything I “contribute” towards has gone nuts.
Electricity: 17 pkwh > 33 pkwh
Diesel: 121 p/l > 150.1 p/l
Council Tax: £1,079.30 pa > £1483.84 pa !!!!!!!
NI: Risen to 12%. Wiping off £257 a year in a flash.
My pay rise last year: 3%.
My real world pay cut: Somewhere between 20 and 30% based on the cost of living (and the cost of commuting).
How long is it before the bubble bursts? Multi nationals and big business, SMEs and organisations have consistently seen staff costs as the area to avoid investing in to enable them to keep operating profits roughly at a keel with whatever they were pre 2008 crash. Sooner or later, the workers are going to stop buying into this when they realise that the increase in the RPI is literally driving them into “in work” poverty.
With this cost of living crisis I fear we’re going to enter a new almost Dickensian era in the UK of haves and have nots, which will make austerity look like a walk in the park.
On one hand we’ve got people who are employed but rely on foodbanks to feed their families, on the other hand you’ve things like artisan bakeries and coffee shops opening where customers happily buy a loaf of bread for £3 or a coffee for £5.
On one hand we’ve got people who can’t afford to keep their pet dog anymore, on the other hand you’ve got people who can afford to hire dog walkers because the hassle of walking a dog and clearing up its poop is just too much like hard work.
On one hand we’ve got people who are struggling with the rising cost of petrol that they need to put into their car to get to work, on the other hand we’ve got people ‘struggling’ to decide whether the next car is going to be a Tesla or a Polestar.
So I’m actually too poor to afford petrol to go into the office, which I need to do to fix my busted ass lagging laptop and do some updates. This is some BS.
Wait, wasn’t Johnson crowing on about “it’s doesn’t matter how many people die, we’ve got rising wages”. Turns out we’re all just getting poorer. Well, not all, the Tories and their chums will have their snouts in the trough.
Edit: not a genuine quote of Johnson’s
Amazing how it’s branded just as ‘cost of living crisis’, a fact of nature that has nothing to do with any government decisions or policies. The government is just bravely standing up to it.
Mind-boggling – remember how the crisis of 2008 was Gordon Brown’s personal failure?
What age is it youre supposed to become more conservative? I’m becoming more and more left leaning.
The outcome Tory voters wanted. It’s 100% undeniably the outcome of their vote, and they have kept telling us for years that we are the ones that don’t know what the fuck we’re talking about. So this is what they wanted. They wanted this. It’s what they like. They love it.
The only other alternative is the conservative voters don’t know what the fuck they’re voting for, and keep voting for these kinds of financial disasters unknowingly. But that can’t be right. They kept telling us that we were the ones that didn’t know what we were voting for.
Well it’s a good thing we did Brexit, can you imagine how bad all this would be if we weren’t in the sovereignty rich sunlit uplands period of British history right now?
I got 2%, but its ok because the company started a scheme where we can sell our ‘unwanted’ annual leave back to make up the difference (over the legal minimum of course).
Nothing fishy or offensive about that, oh no.
No shit. Its like this across the globe. Tell us something we dont know. Never mind the amount of people being laid off due to the covid debacle and then replaced by minimum wage workers.
Is there month on month data on pay raises? I doubt many people get a raise or change job (to get a raise) in December… April/May is a busy time in my industry.
Just wondering…
But my MP posted this today. Surely hes not posting misleading info? /s
* “Unemployment down
* Wages up
* More people on company payrolls than pre-pandemic
* Our #PlanForJobs is working”
I hate how it’s talked about like it’s a natural ebb and flow.
If this keeps happening, the revolution will be coming soon
Average or median? Because average includes millionaires and billionaires who had a huge increase in income.