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Families have to spend more as Darling ruins the UK economy.


The ten year plan by the New Labour communists has ruined our economy, record levels of national and personal debt and for all they attempt to blame the US; they can not avoid the stink of their poor socialist planning having massive holes in it.

From the Daily Mail.

Essential family bills for petrol and staple foods are rising at their fastest pace since records began.

Official figures yesterday showed increases of up to 40 per cent over the past year – with the prospect of more to come.

The inflation rate jumped from 2.2 per cent in January to 2.5 per cent in February, against a Government target of just two per cent.

Debt experts warned that "superinflationary" rises could push record numbers into insolvency this year.

The Consumer Credit Counselling Service, one of Britain's leading debt charities, said those who came to it for help had already pared their budgets to the bone...

Recent research showed the increases in all household bills have left the average family £800 worse off this year, even after pay rises...

Another grim report revealed that the number of people falling behind with their mortgages in January and February was 35 per cent higher than last year.

The accountants KPMG predicts that 130,000 people this year will become bankrupt or make a deal with their creditors, known as an Individual Voluntary Arrangement.

Just five years ago, only 30,600 people became insolvent in a year.

An analysis by the investment group Alliance Trust showed that the elderly are the biggest losers from rising price.

Increases in food and energy costs hit them hardest because they spend a higher percentage of their income on these items.

For people over 75, the study said, the real inflation rate is 3.4 per cent.

At least the chimp could not make such a bad job of being Chancellor as Darling does. Oh and at least the chimp has eyebrows and hair colour that matches.

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2 people have spoken:

Unknown said...

The chimps pointing as how many seats Nu Liebour will retain after the holding of the next election.

If only cyclops had'nt bottled out and gone last October.

Oh well, make hay while'st the sun shines, and wont these corrupt bastards do just that, with all of our tax paying monies...

Fidothedog said...

Hopefully none, but no accounting for the stupidity of the masses.