Prices of the electricity we use to charge

[lenny]

UK cost of living statistics 2024

UK Cost of Living Statistics Report 2024 - Facts and Stats | money.co.uk

We’ve collated the latest UK cost of living statistics for 2024, covering inflation rates, average household spending, personal debt statistics, and more.

www.money.co.uk

 

[jamesporritt]

Certainly a lesson to be learned there.

He won't do it again.

 

[nigelbb]

Where does your income put you among Britain's earners?

Around 8.8m people had an income above £1,000 a week in the year to March 2022 and the average median real terms household income before housing costs was £565 a week in the period.

www.thisismoney.co.uk

The ONS data I linked to refers to household expenditure on goods & services whereas your graphs refer to house income. The £280 per year “hike” as a percentage of median household income of about £35,000 per year is just 0.008%.

 

[lenny]

The ONS data I linked to refers to household expenditure on goods & services whereas your graphs refer to house income. The £280 per year “hike” as a percentage of median household income of about £35,000 per year is just 0.008%.

Households Below Average Income: an analysis of the UK income distribution: FYE 1995 to FYE 2023

Households Below Average Income: an analysis of the UK income distribution: FYE 1995 to FYE 2023

www.gov.uk

 

[saneagle]

The ONS data I linked to refers to household expenditure on goods & services whereas your graphs refer to house income. The £280 per year “hike” as a percentage of median household income of about £35,000 per year is just 0.008%.

Your information doesn't tell the whole story and doesn't pass a basic plausibilty test. You've just picked out the minimum amount of data to suit your narrative. All businesses that employ people now have additional costs, which will cause them to increase prices. The big supermarkets have already explained that, but they're only a small proportion of what you spend on. The price of just about everything will go up to recover the lost profit caused by the additional employment costs, which would mean price rises of around 2% to 5%. Then there's National Insurance, which most employed people have to pay. For your average factory or warehouse worker on a salary of £25k, the increase would mean that they lose about 3.5% of their pay or £861. Your £280 doesn't seem to include that.

 

[lenny]

Number of people dying in poverty increases by 19% in four years

Number of people dying in poverty increases by 19% in four years

The number of people dying in poverty has increased by 19% in the past four years, according to a new report created by Loughborough University for the end of life charity Marie Curie.

www.lboro.ac.uk

 

[lenny]

 

[lenny]

"A shocking three-quarters of households in Bolton are struggling to pay their energy bills and manage travel costs, it has emerged."

King Charles champions food poverty project on working 76th birthday

The King is spending his 76th birthday opening new hubs to redistribute food which would otherwise be thrown away.

www.bbc.co.uk

 

[lenny]

"The King is treating his birthday as a working day and travelled to Deptford on the first anniversary of the Coronation Food Project which aims to make better use of food that would otherwise be thrown away."

King Charles champions food poverty project on working 76th birthday

The King is spending his 76th birthday opening new hubs to redistribute food which would otherwise be thrown away.

www.bbc.co.uk

 

[MikelBikel]

Where does your income put you among Britain's earners?

Around 8.8m people had an income above £1,000 a week in the year to March 2022 and the average median real terms household income before housing costs was £565 a week in the period.

www.thisismoney.co.uk

I wonder if the graph stopped at £1000 per week for a reason (they're shy?)

 

[MikelBikel]

This fish is a bit bigger than the petty tantrums of EU politics, I think.

If you want to know about the economics and the motivations behind the idea, I posted links, and google is getting better and better, now that they usually supply direct answers IF you ask a question in natural language.

I just think it is interesting how that submarine cable company got their fibre optics along Europe, and then *around Africa*. And NO pirates bothered them? No sabotage? No rooskis? No "accidents"? Isn't that interesting?

 

[MikelBikel]

Along with the poly tic shuns, the true believers FLY to Flop29. Sad. Meanwhile, in the Closed meetings... "money makes ze vorld go around..". Always liked that song!

 

[MikelBikel]

Has no-one told two tier and ded head that UK doesn't control a quarter of the world anymore? !

 

[lenny]

We have to redistribute income or wealth or face fascism: that is the choice before us

We have to redistribute income or wealth or face fascism: that is the choice before us

I dictated this yesterday when trying out a new microphone system that we intend to use (the Rode Wireless Pro system). I then transcribed this recording using Descript and realised that it was worth sharing: This has been a disturbing day in world politics. Donald Trump has selected a new...

www.taxresearch.org.uk

THE RISE OF FASCISM AND THE NEGLECT OF THE POOR

THE RISE OF FASCISM AND THE NEGLECT OF THE POOR - Social Justice Party

It’s important for us to understand the reasons why the hateful ideology of fascism is gaining ground and also whether that ideology is actually shared by all the people engaging in the apparently mindless violence and public disorder we're witnessing.

socialjusticeparty.uk

Extreme Political Ideologies and Their Connection to Poverty

Extreme Political Ideologies and Their Connection to Poverty - BORGEN

Extreme political ideologies such as communism and fascism have a longstanding history with poverty due to their authoritarian and often dictatorial policies.

www.borgenmagazine.com

 

[Ghost1951]

Households Below Average Income: an analysis of the UK income distribution: FYE 1995 to FYE 2023

Households Below Average Income: an analysis of the UK income distribution: FYE 1995 to FYE 2023

www.gov.uk

Do you understand the nature of the concept of AVERAGE and MEDIAN?

Maybe not.

These are arithmetic constructions covering the whole distribution.

Half of people are below the median income ALWAYS. It can not be otherwise, no matter how income may be rising.

If the median income was £30,000, half the population would be below it.

If the median income was £150,000 half the population would be below it.

Average is not quite the same, but it is almost the same.

These measures are worthless as indicators of well being and wealth, but are systematically mis-used by left wing think tanks and charity scoundrels, because the ignorant fall for their nonsense.

What ought to be done is to define what poverty and adequate income is in absolute terms and then see how people are doing relative to those.

 

[MikelBikel]

Spasibo!

 

[lenny]

Do you understand the nature of the concept of AVERAGE and MEDIAN?

Maybe not.

These are arithmetic constructions covering the whole distribution.

Half of people are below the median income ALWAYS. It can not be otherwise, no matter how income may be rising.

If the median income was £30,000, half the population would be below it.

If the median income was £150,000 half the population would be below it.

Average is not quite the same, but it is almost the same.

These measures are worthless as indicators of well being and wealth, but are systematically mis-used by left wing think tanks and charity scoundrels, because the ignorant fall for their nonsense.

What ought to be done is to define what poverty and adequate income is in absolute terms and then see how people are doing relative to those.

 

[lenny]

Britain’s housing supply issues began in 1947, not 1980

The housebuilding crisis: The UK's 4 million missing homes - Centre for Cities

Compared to other European countries, Britain has a backlog of millions of homes that are missing from the housing market. Building these homes is key to solving the nation's housing crisis.

www.centreforcities.org

 

[MikelBikel]

And it comes with a free sets of pedals, so you and your passengers can attempt to get it over 28mph!

 

[Woosh]

The average household budget is £567.70 per week or £29,520 so a £280 "hike to household bills" represents an increase of just 0.0095%.

Typo, 0.95%