Inflation rises to above 3%

rjt · 17-04-2007, 02:35 PM

http://news.bbc.co.uk/1/hi/business/6562723.stm

Seems likely now another rise in intrest rates is on the way.

Westcountryman · 17-04-2007, 02:41 PM

A rise in interest rates is now virtually guaranteed. This needs to be nipped in the bud now before things get out of control.

rjt · 17-04-2007, 02:44 PM

Quote:

Originally Posted by ModernUKIP

A rise in interest rates is now virtually guaranteed. This needs to be nipped in the bud now before things get out of control.

Indeed although I should imagine this will go down about as well as a case of the mumps with most homeowners.

Westcountryman · 17-04-2007, 02:47 PM

Quote:

Originally Posted by rjt

Quote:

Originally Posted by ModernUKIP

A rise in interest rates is now virtually guaranteed. This needs to be nipped in the bud now before things get out of control.

Indeed although I should imagine this will go down about as well as a case of the mumps with most homeowners.

Of course. However, despite how much the pinch might hurt now, it's better than spiralling towards economic doom that rising inflation - and hence rising interest rates - will cause over the long term.

Britannist · 17-04-2007, 07:52 PM

I can see from recent rises in the prices of certain goods in the supermarket that inflation is rising.

This is not good for the reputation that some say Gordon Brown has as the "golden Chancellor".

The news of inflation reaching 3% will not be welcomed by Mr. Brown, of course, coming as it does after recent reports in the press about his alleged bad handling of pensions and gold sales - and his decision to raise corporation tax on small businesses.

g hall · 17-04-2007, 10:17 PM

The **** is hitting the fan and we should be making the most of it

Britannist · 17-04-2007, 11:14 PM

This should be a good time for UKIP to really go for Labour (i.e. criticise it). There are many in the Labour party who hate UKIP - that unpleasant Labour MEP Corbett is one example.

Time for UKIP to take the gloves off and expose the hypocritical europhile 'elite' who control and dominate the Labour Party and show the country what a vile mob the Lie-bour Party really are.

17-04-2007, 02:35 PM	#1 (permalink)
rjt Uber Member Join Date: Oct 2004 Location: Aldershot Posts: 5,481	Inflation rises to above 3% http://news.bbc.co.uk/1/hi/business/6562723.stm Seems likely now another rise in intrest rates is on the way.

17-04-2007, 02:41 PM	#2 (permalink)
Westcountryman Uber Member Join Date: Dec 2005 Location: The Westcountry. Posts: 5,922 Party: None	A rise in interest rates is now virtually guaranteed. This needs to be nipped in the bud now before things get out of control. __________________ Manus haec inimica tyrannis ense petit placidam sub libertate quietam - "This hand of mine, which is hostile to tyrants, seeks by the sword quiet peace under liberty."

17-04-2007, 07:52 PM	#5 (permalink)
Britannist Uber Member Join Date: Jun 2005 Location: London Posts: 22,896	Chancellor Brown and inflation increase I can see from recent rises in the prices of certain goods in the supermarket that inflation is rising. This is not good for the reputation that some say Gordon Brown has as the "golden Chancellor". The news of inflation reaching 3% will not be welcomed by Mr. Brown, of course, coming as it does after recent reports in the press about his alleged bad handling of pensions and gold sales - and his decision to raise corporation tax on small businesses.

17-04-2007, 10:17 PM	#6 (permalink)
g hall Uber Member Join Date: Nov 2006 Location: erewhon Posts: 5,629	The **** is hitting the fan and we should be making the most of it __________________ "That government is best which governs least." "This is a sharp Medicine, but it is a Physician for all diseases and miseries". "To be "matter of fact" about the world is to blunder into fantasy --and dull fantasy at that, as the real world is strange and wonderful." TANSTAAFL TANJ

17-04-2007, 11:14 PM	#7 (permalink)
Britannist Uber Member Join Date: Jun 2005 Location: London Posts: 22,896	Corbett MEP, Labour, UKIP, europhile ruling 'elite' This should be a good time for UKIP to really go for Labour (i.e. criticise it). There are many in the Labour party who hate UKIP - that unpleasant Labour MEP Corbett is one example. Time for UKIP to take the gloves off and expose the hypocritical europhile 'elite' who control and dominate the Labour Party and show the country what a vile mob the Lie-bour Party really are.

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