
Brits face ‘cost of living catastrophe’: Families will be hit by a year of soaring bills, tax rises, less spending power and the highest inflation for 30 years in 2022 leaving average household £1,200 WORSE OFF, report warns

Brits face ‘cost of living catastrophe’: Families will be hit by a year of soaring bills, tax rises, less spending power and the highest inflation for 30 years in 2022 leaving average household £1,200 WORSE OFF, report warns
42 comments
Anyone else remember when the virus first hit and the EU gave us the opportunity to delay Brexit, but we said no?
‘Do or Die’ was the slogan, I believe.
I’m surprised it’s just £1300. My energy bills alone have risen £900 and I’m on my own.
Here’s a passage from the Guardian equivalent article:
>Responding to the report, a government spokesperson said: “We know people are facing pressure with the cost of living – which is why we’re taking £4.2bn of decisive action to help.
>“This includes reducing the universal credit taper – a tax cut worth over £2bn – supporting households with their bills through the energy price cap, warm home discount scheme, winter fuel payments, cold weather payments, and household support fund, as well as freezing alcohol and fuel duty.”
Anyone else notice lots of things that existed for years? I fail to see how they can take credit for:
The price cap (stolen by May from Ed Milliband, who was condemned by the media as hypercommunist for even thinking of it),
warm home discount (initially regulated into force in 2011, under LibCon coalition, finally commenced in 2018),
Winter fuel payment (Act came into force under Blair, 1997),
cold weather payment (Act came into force under Major, 1992).
The waters around alcohol duty are muddied by the fact Sunak has reduced the number of brackets. I’m not clever enough to pick through these.
Fuel duty has been frozen since 2011.
Of the 4.2bn claimed, this government can take credit for only about £500m (household support fund). Shame on the guardian for not doing this research for me.
Edit – corrected some autocorrects
I wince every time I walk past my smart meter IHD. Energy costs of £5+ a day for 2 adults and 2 kids.
Insanity. Successive governments have failed to create a system for living for the British people. The system does not work, it does not represent or serve us. I say we burn it down and make a better one.
Aye don’t worry though everyone, Alexander’s got a shiny new yacht.
It’s getting tight here but my family in Canada says it’s become absurd out there, and reading about America it seems like it’s even worse than us too, bad times for the whole world it seems 🙁
But the public sector pay cap was lifted and I’m sure I’ll be saved by that!
Due to funding, the Scottish Government are able to offer me something like 2.5%? Wow! I’m sure I’ll be able to stave off the impending financial crisis with this.
Doesn’t even cover the £1200 worse off, never mind make me better off.
Which people will be facing tax hikes? Poor people, or rich people.
I’m joking, obviously I already know the answer
And to think that so many morons voted for this for a decade while crying about how terrible labour was and praising the tories. Its enough to leave you disgusted with some of the voters of this country.
I haven’t seen the fuel bill rise yet as I am on a fixed contract until I assume will be next April. No idea what will happen then.
yes, but at least houses prices are soaring!!
they’ve allowed huge mortgages a rock bottom interest rates. they can’t do shit without affecting the precious housing market because adjusting the base rate to tackle inflation is going to increase mortgage payments
Honestly, this country…
I just watched Don’t Look Up and we should all watch it, but it will make you want to riot in the streets! A handful of billionaires are living off the back of our labour
fortunately, that wont stop our right honorable politicians bragging on to the world….. WE ARE THE 5TH LARGEST ECONOMY.
Interesting that this is a DM article. Do they typically write articles that are in the public interest from a financial perspective?
No mention of Brexit and the full customs checks that come into effect on 1/1/22, though, which will inevitably lead to prices rises for the consumer.
Wasn’t it inflation that pushed us to join the EU in the first place?
Wtf did the govt think was going to happen?
Companies are not paying us more but expect us to pay more for their services and goods.
Where exactly is this extra money supposed to come from?
Dear English;
Stop voting for the fucking Tories.
Sincerely,
Rest of the UK
“ThAt’S nOt ThE bReXiT i HaVe VoTeD fOr!!!” — *One half of the UK*.
“You see, that’s why I voted remain.” — *The other half of the UK*.
I was saying this over Xmas and wondering how anyone on benefits will survive since they are often already on the absolute limit of their money (or under).
I work but already consider Morrisons too expensive. Morrisons!
But once the fuel bills hit I think I’m going to be in real trouble.
Sounds like we need to protest. Oh wait, we’re not allowed to do that any more are we? Suppose we just have to deal with it or leave then eh?
Hey Daily Mail – dis u?
https://i.imgur.com/zMYu3dm.jpg
Random caller on radio yesterday said “Boris is doing an excellent job with the pandemic and consequential economic situation.”
Woke today to find uk worst covid rates worldwide comparison to other major nations
I think I’m going to buy a shed and have it delivered to the woods. My new life begins then.
I’m a single mum working two jobs, roughly 60-70 hours a week. The rise of energy costs means I am struggling week to week. I only keep the heating on when my son is at home, and only use LED lamps for lighting when I need it. It doesn’t sound like much of a deficit to most people, but it’s hit me hard and I’m now even considering a 3rd job… if I don’t run myself into the ground mentally and physically before it gets to that point.
If you’re a brexiter you’re a gormless cunt. Literal turkeys voting for Christmas. Hope you’re happy you got your uninformed way
Ah great, more tax increases. My employers gave me a wage increase a couple of months ago and it’s basically been swallowed up by tax. Why not tax me more!
Absolutely nothing to do with being governed by a bunch of entitled twats that have never had to worry about the cost of living though?
It’s literally enraging how much you end up giving back to the government when you have a job, and all they do is shaft you.
What can people do to reduce the impact of all this? Any support grants, fuel discounts, etc., available to ‘normal’ people?
By normal here, I mean not in one of the traditionally protected groups. I’m a single male in a reasonable job with an ok house. I’m fucked, but there is usually nothing to support people like me.
And I have a bet, that they will sloow down the building of houses, too keep the prices high, so only the better off can afford to buy. And will keep the housing shortage going, in the name profit. And the government wouldn’t even thing if building social housing for the needy, because that would slow profits down for the share holders of the building land holders. So it will be the average working people that will have to work the hardest yet again, to prop up the rich.
the downfall of the country starts and ends with the tory twats
Daily Mail doesn’t get to moan. They campaigned for this government and will campaign for the next Tory bastard government. They did this, they got what they wanted and what they told people to vote for.
Brexit was very obviously a stupid idea being pushed by nasty political actors but they promoted it.
We’ve been facing a cost of living catastrophe for the last decade
Please, someone with some coding skills set up a site that we can submit our old online grocery shopping email receipts to. I have years of history that would show the true inflation rate we are dealing with and not the carefully managed government figures.
I do wonder if the shutdown of [MySupermaket.co.uk](https://MySupermaket.co.uk) was because they were starting to build up to accurate a measure of real inflation with their Groceries Tracker!
This is terrifying. I’m only on 21k and my husband, although he is at about 30k he’s an American citizen and so he can’t claim benefits.
His next visa is due the same time all of these price hikes are due, and that alone will cost us over 1.5k. We had dreams of saving for a house and then starting a family after his visa… now I’m thinking we won’t be able to do any of that. Ever.
Literally what the fuck is the point in even living if all you ever do is struggle to make ends meet, and you have to give up on all your dreams just so you can pay your bills? This is depressing.
Truly… from the deepest depths of my heart… fuck this country. And fuck the Tories.
As someone who works in a supermarket let me tell you that prices on everything are rising scary fast. The p.i team that handles price tags are round practically changing prices everyday and usually those price are going up up and up!
6% expected inflation, increase in NI coming into effect, soaring energy bills with no intervention from the government, and full brexit customs checks coming into force in January. Things are looking bleak for the U.K.
The inaction of the government to try and shield people from these issues is horrendous. Many EU countries are putting plans into action to try and protect people, the tories are making the situation worse, if anything.
What more proof do people need that this government is only cares about the 1%?
I made a post two months ago on the day US inflation hit 6.2% warning of the catastrophe heading our way. My post was immediately removed by mods for being “Not UK related”.
Well it’s UK related now.
[https://www.reddit.com/r/unitedkingdom/comments/qqvmna/inflation_in_the_us_for_october_was_62_and_they/](https://www.reddit.com/r/unitedkingdom/comments/qqvmna/inflation_in_the_us_for_october_was_62_and_they/)
This isn’t the Brexit I voted for. I voted because I thought it would get Jeremy Clarkson back on Top Gear.
Can we warn them that Brexit is bad now? Maybe they will listen? Oh this was never about economics and only about tribalistic nationalism? Oh, ok.
Reading this thread, I really feel bad for you guys in the UK. I usually pay the equivalent of around 50 to 80 pence per day for electricity, and this is for a 3 story townhouse
Of course, NOTHING to do with Brexit. No sir-eeeee