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Tag Archives: inflation
Inflation spike sets Transport for London fares to rise by 5.8%
London’s bus, tram, Tube and rail fares look set to increase by an “eye-watering” 5.8% next year, after yesterday’s latest inflation figures. The Office for National Statistics announced yesterday that the UK Retail Price Index – or RPI – hit … Continue reading
Inflation down to 2% – but it’s too late to save Sunak’s Tories
Two sets of figures were released this morning – one generally good news for the nation as a whole, the other spelling more doom and gloom for the Conservative Government under Prime Minister Rishi Sunak. WALTER CRONXITE explains why The … Continue reading
Council workers’ pay offer sets up possible summer of strikes
There’s a possibility of a summer of strikes at local councils across the country – including in Croydon – after national negotiators offered a pay increase of barely half of what trade unions had asked for in the 2024-2025 pay … Continue reading
Posted in Croydon Council
Tagged Croydon, Croydon Council, GMB, inflation, LGA, Local Government Association, London Borough of Croydon, Unison, Unite
1 Comment
Thousands of Croydon mortgage-holders hit by ‘greedflation’
ANDREW FISHER on the ‘collective irrationality’ over interest rate increases which can only make an already bad economic situation much, much worse – with some residents in this borough facing mortgage increases of more than £5,000 per year In the … Continue reading
Posted in Andrew Fisher
Tagged Andrew Fisher, Bank of England, Base rate, Chris Philp MP, Conservative, Croydon, Croydon Central, Croydon North, Croydon South, inflation, Interest rates, Mortgages, Tory
3 Comments
Shoppers and pensioners hit hard by food inflation at 19.2%
There’s no sign of the cost-of-living crisis abating any time soon, with one business expert warning: ‘Supermarkets pursuing endless price increases are heading down a path of mutually-assured destruction’ Food price inflation was up to 19.2per cent in March, from … Continue reading
£3,500: pay rise ordinary workers need to keep up with inflation
As inflation roars on uncontrolled and is predicted to hit 18per cent by early 2023, research published this week suggests that the average person needs a pay rise of at least £3,500 just to keep up. And that’s to keep … Continue reading
11.2% house price rise in 2021 due to ‘chronic lack of supply’
Croydon’s cash-strapped council looks to be getting out of the house-building racket at just the wrong time, as figures released this morning showed that the housing market has made its strongest start to the year since 2005, with annual house … Continue reading
Posted in Housing, London-wide issues
Tagged Croydon, house prices, inflation, London, Nationwide
2 Comments
