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UK inflation rate rises for second month in a row

Business / Wed 18th Dec 2024 at 07:28am

THE UK inflation rate has gone up for the second month in a row, according to official figures for November reports the BBC.

The figure rose to 2.6%, up from 2.3% in the year to October, figures from the Office for National Statistics (ONS) showed.

Fuel and clothing were among the main drivers behind the rise. Prices for recreation and cultural activities also rose.

Click below for more details.

https://www.bbc.co.uk/news/articles/cvgmndllpz9o

5 Comments for UK inflation rate rises for second month in a row:

gary roberts
2024-12-18 08:48:16

Did you vote for change in July? If you did then you must be still waiting for any signs of it. The budget was a disappointment when the chancellor failed to call in money from the banks and the millionaires and billionaires who for the last 14 years have increased their wealth and instead went for those on pensions and benefits. They have failed the WASPI ladies, and poor pensioners. The list is getting longer and the deceit of change just makes this lot just as bad as the last lot. Anyone got a spare ticket to Vancouver?

Adam
2024-12-18 12:12:34

All down to the labour budget which unlike Liz Trusses budget, really has crashed the economy, bond rates up, inflation up, job openings down and now companies are closing and reducing head count. By Q3 next year it will be utter carnage, well done all of you who voted for labour and people of such high calibre and achievement in life as Chris Vince an ex school teacher (those that cannot do, teach) or Rachel Thieves sorry Reeves who lied about being an economist when in reality she was a complaints manager.

Dan
2024-12-18 22:05:49

Adam, my right leaning libertarianism probably runs even deeper than yours, but like many libertarians, I am liberal on social and cultural issues and an advocate of civil liberty. I saw the Conservatives stoking hate and division at the last election, so couldn’t possibly vote for them and the Farage riots and exposes of the electioneering in Clacton have shown us what racist lowlifes that lot are - And who would want Putin or Musk directing their lives? - Give me a small state/socially liberal party and I will vote for them in a heartbeat, but in the meantime what choice do we have?

Guy Flegman
2024-12-19 14:14:17

It’s funny how no news outlets in the UK are reporting on the turnaround in Argentina, and it was all done in 12 months. It’s probably to do with the fact their new president is anti establishment and a bit of a Donald Trump on steroids instead of world economic forum worshipper like we have over here.

David Forman
2024-12-23 10:55:06

A Labour government and a growing economy is what the manifesto offered as part of a Change mantra. To quote Labour's First Steps for Change: "Deliver economic stability with tough spending rules, so we can grow our economy and keep taxes, inflation and mortgages as low as possible." See Labour's First Steps at https://labour.org.uk/change/first-steps-for-change/

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