BoE said inflation was a temporary blip

[AtW]

I've got a Stihl chainsaw with 24 inch blade.

I'm inundated with requests from people to perform a bit of bush clearance.

I get to keep the wood. Saves me a couple of hundred quid a year.

Bing!

Try wearing ski mark whilst doing it for protection of face - you'll get more money for your work

[Scrag Meister]

Try wearing hockey mask whilst doing it for protection of face - you'll get more money for your work

FTFY

I'm here to trim your bush. SFW

[Troll]

Are you legally allowed to take wood from fallen trees?

bugger

[DimPrawn]

And another thing to think about.

BoE says real danger is deflation and inflation is a temporary blip.

So why is 95% of the BoE pension fund invested in inflation linked bonds, up 88% from last year?

I think that tells us all something.

[AtW]

I think that tells us all something.

For Knight Grand Cross of the Order of the British Empire (GBE) they'd invest into deflation linked fund, but for mere KBE good pension is essential

[fullyautomatix]

Energy costs up 20%
Transport costs up 20%
Fuel costs up 30%
Council tax up 6%
Food costs up 10%
Water costs up 20%

The energy companies are all involved in some crooked scheme together to rip the customers off. The gas and electricity costs in UK must be the highest in the world.

[lilelvis2000]

And another thing to think about.

BoE says real danger is deflation and inflation is a temporary blip.

So why is 95% of the BoE pension fund invested in inflation linked bonds, up 88% from last year?

I think that tells us all something.

Wasn't that the whole reason QE was used. To prevent things getting cheaper! My guess is Mervyn King was bending over when he said the above, with a long queue of commodities brokers and energy companies behind him

[TimberWolf]

BBC News - The incredible shrinking shopping basket

[DimPrawn]

Food costs keep inflation at two-and-a-half year high - Telegraph

Thank god I'm on a diet.

[gingerjedi]

Energy costs up 20%
Transport costs up 20%
Fuel costs up 30%
Council tax up 6%
Food costs up 10%
Water costs up 20%

The energy companies are all involved in some crooked scheme together to rip the customers off. The gas and electricity costs in UK must be the highest in the world.

Which all disproportionally affect the less well off which is fast becoming most of us.