Reply to: Oh noes

[vetran]

Yup. Turn it off & turn it back on again.

Works every time.

we have crossed over to the defibrillator post?

[TheDude]

Need to stick all tax rates to 95%, only way to fix this.

Castles and stately homes should be excluded.

[DoctorStrangelove]

What is needed is a reset. Maybe even a Great Reset https://www.weforum.org/great-reset/

Yup. Turn it off & turn it back on again.

Works every time.

[_V_]

What is needed is a reset. Maybe even a Great Reset https://www.weforum.org/great-reset/

[vetran]

Euro area = 10.7 for October (was 9.9 in September)
UK = 10.1 for September, the October figure is not on TE yet.

The Bank of England has it as 10.1 on the 3rd of November. But thanks for agreeing that the EU has a similar rate of inflation as it is facing the same issues.

https://www.bankofengland.co.uk/know...uk-keep-rising

[WTFH]

almost everyone's inflation is at 10%+ the Euro Area at 10.7, the UK at 10.1

Euro area = 10.7 for October (was 9.9 in September)
UK = 10.1 for September, the October figure is not on TE yet.

[SueEllen]

Too many windmills?

https://tradingeconomics.com/netherlands/inflation-cpi

Includes Belgium?

https://tradingeconomics.com/euro-area/inflation-cpi

almost everyone's inflation is at 10%+ the Euro Area at 10.7, the UK at 10.1

They are a bit small population wise but are less corrupt than us.

[SueEllen]

well they are in the EU and a member of the G7 so why not?

https://worldpopulationreview.com/co...rupt-countries

[vetran]

Too many windmills?

https://tradingeconomics.com/netherlands/inflation-cpi

Includes Belgium?

https://tradingeconomics.com/euro-area/inflation-cpi

almost everyone's inflation is at 10%+ the Euro Area at 10.7, the UK at 10.1

[vetran]

Italy has always been screwed so you never do a comparison with them.

well they are in the EU and a member of the G7 so why not?

[SueEllen]

how very dare you its all because of the B word... if only we had stayed with Mother Europe it would be a land of milk and honey. Germany & Italy aren't suffering, oh look

https://tradingeconomics.com/germany/inflation-cpi

https://tradingeconomics.com/italy/inflation-cpi

https://tradingeconomics.com/united-.../inflation-cpi

Italy has always been screwed so you never do a comparison with them.

[vetran]

True. Look online and plenty of financial problems in other countries.

how very dare you its all because of the B word... if only we had stayed with Mother Europe it would be a land of milk and honey. Germany & Italy aren't suffering, oh look

https://tradingeconomics.com/germany/inflation-cpi

https://tradingeconomics.com/italy/inflation-cpi

https://tradingeconomics.com/united-.../inflation-cpi

[xoggoth]

True. Look online and plenty of financial problems in other countries.

[jamesbrown]

There's a limit to what any of them can do when the causes are mostly outside the UK. Sure, there has been a UK moron premium and Sunak and Bailey are both massive morons, but it's mostly not about the UK.

[northernladuk]

Is it just me or are two of our oldest institutions, i.e. the UK Government and the Bank of England unable to get any control over the situation.

All they seem to do is claim they need to raise rates, raise taxes or print more money.
These are in effect like killing the economy to save it.
The system has crashed, they have just run out of ideas and are pushing any buttons.

Both are too big to move quickly enough. Also, I dunno about who's in at the bank but everyone at the gov hasn't been in charge during something like this so don't really know what to do either. I'm guessing the bank is the same but might have a better clue in general. Unprecedent times so whatever anyone does they aren't going to come out smelling of roses that's for sure.