久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

Inflation hits 40-year high, poor hit hardest

By JULIAN SHEA in London | China Daily Global | Updated: 2022-05-19 09:29
Share
Share - WeChat
People walk through the financial district of Canary Wharf as it was announced that British consumer price inflation hit an annual rate of 9.0% in April, in London, Britain, May 18, 2022. [Photo/Agencies]

Idea of new windfall tax to ease the pain fails to gain the support of British govt

Consumer protection organization Citizens Advice has said that "the warning lights could not be flashing brighter" for the government to step in and take action to help financially struggling households, after new figures revealed inflation in the United Kingdom has hit a 40-year high.

In the 12 months up to April, prices rose by 9 percent, up from 7 percent a month earlier, with rocketing fuel bills being identified as one of the main factors, in addition to food prices going up.

Data from the independent Institute for Fiscal Studies says that, for the poorest households, the disproportionate amount of their income that is spent on fuel bills means that for them, inflation rates work out as 10.9 percent, and with state benefits having only risen by 3.1 percent in April, they are being hit hardest.

"There are desperate stories behind these figures," said Citizens Advice Chief Executive Clare Moriarty. "People washing in their kitchen sinks because they can't afford a hot shower; parents skipping meals to feed their kids; disabled people who can't afford to use vital equipment because of soaring energy bills."

On Monday night, a motion put forward in the House of Commons by the opposition Labour Party to put a windfall tax on oil and gas producing companies was defeated by 310 votes to 248, with no Conservative Party members of Parliament voting in support of it.

When questioned about this in Parliament, Prime Minister Boris Johnson said he would "look at all measures in future" in response to Labour's demands for the tax.

"I'm going to look at all measures in future, of course we will, but the only reason we can do that is because of the decisions this government has taken," he added, while also praising Chancellor of the Exchequer Rishi Sunak's work to build what Johnson called "a strong economic foundation".

Foreign Secretary Liz Truss also defended the decision to resist calls for a windfall tax, saying "the problem with a windfall tax is it makes it difficult to attract future investment to the country, there's a cost to imposing a tax like that. My view is that lower taxes are the best way to attract investment ... that can create high-paid jobs, which is what we need."

In a Sky News interview last October, when questioned about the prospect of rising inflation, Johnson said: "People have been worrying about inflation for a long time ... by the way those fears have been unfounded."

Rebecca McDonald, a senior economist at independent poverty think tank the Joseph Rowntree Foundation, said benefit cuts and Sunak's lack of action over the issue were only making the situation worse.

"The human cost of benefits lagging so far behind inflation is severe," she added. "Parents skipping meals so their children can eat, families using a single lightbulb to limit electricity use …allowing this to happen is a choice, and the government can and must choose differently."

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲国产成人91精品 | 国产制服 国产制服一区二区 | 国产视频97| 一个人看的www日本视频 | a毛片在线还看免费网站 | 三级视频在线播放 | 国产精品三级a三级三级午夜 | 亚洲欧洲无码一区二区三区 | 美女黄页在线观看 | 久久精品国内一区二区三区 | 做爰成人五级在线视频| 99精品在线视频观看 | 国产精品大全国产精品 | 国产精品久久久久久久毛片 | 福利视频在线午夜老司机 | 国产男人天堂 | 毛片视频网站 | 一级a俄罗斯毛片免费 | 九九国产精品 | 亚洲国产精品成人精品软件 | 日韩欧美综合在线二区三区 | 娇小性色xxxxx中文 | 好吊操这里只有精品 | 欧美日韩精品免费一区二区三区 | 中文字幕中文字幕中中文 | 国产精品久久久久影视不卡 | 2级毛片 | 黄页网站18以下禁止观看 | 亚洲综合久久1区2区3区 | 国产在线步兵一区二区三区 | a级毛片免费高清视频 | 在线观看免费为成年视频 | 亚洲美女视频网站 | 国产九九精品 | 一区二区三区在线看 | 久久综合久美利坚合众国 | 一级做a爱片特黄在线观看免费看 | 欧美久| 国产美女白丝袜精品_a不卡 | 99久久免费精品视频 | 亚洲欧美国产高清va在线播放 |