Thursday, 16 October 2008
WILL THIS BE A WINTER OF DISCONTENT?
Amazing petrol prices are coming down and not before time I hear you say! Just a few months ago motorists and hauliers were facing real hardship when petrol/diesel prices rocketed. It amazes me though that the fat cat oil companies can think that we the British public are stupid. It is a fact that since the 30th May 2008 to the present day the base prices of crude oil is down by some 44.49%! So where i ask is the full reduction?
This winter our old folk will think long and hard before they put their heating on and when they go to bed they will think is it cold enough for the electric blanket, can we really afford to put it on? Out of the basic state pension of £145.05 after rent, food bills and the such like it is a very real worry when pensioners here the utility companies are planning yet another rise. You may be interested to learn that actually the cost price of Natural Gas has dropped by 46.16% since the 30th May this year!
Families in Stoke and indeed the whole country are seeing rises in their mortgages even though the Bank of England has dropped the base rate three times in a row, there is talk that we may see further dramatic reductions in interest rates in a bid to stave off recession. Our weekly shopping bills have risen on average by £600 per year.
As the cost of living continues to rise, the truth is that average wages in our city are among the lowest in the country £360 per week in comparison to the national average of £450 per week.
Today we have heard that staff at the various JCB factories in our area have been told to consider a reduced working week or risk more job cuts.
To add to the doom and gloom, the high street are facing the prospects of a very bleak Christmas sales period. People who are facing a hike in living costs are likely to cut down the cost of the festive period.
What are your thoughts on the rising costs of living and big fat cat companies not passing on the reduction of costs on to us the consumers? What do you want our politicians to do both in government and in opposition? It's time to hear from you and the rise in costs of living that you face?
To read the JCB story in the Sentinel follow this link: