It looks like our inflation rate is similar to EU countries. Australia recorded an annual inflation rate of 6.8 per cent in August, down from 7 per cent in July, according to brand new data from the Bureau of Statistics.
The ABS has decided to publish inflation data every month, rather than every quarter.
It is not just Britain that is suffering from high inflation.
Waiting to see the list please - which countries do you do you say are the same as the UK?
Excellent news indeed. A few pennies or grains of rice may end up trickling down for us to scramble around with a deep sense of gratitude. Oh happy breed of men…
Lets hope they had the foresight to put those billions into a more stable currency than sterling. I woke up today worrying about whether to split savings into several accounts in case the banks default and fall over
Its the PM who puts the idiots in the ministries, who voted for Truss as PM ? you (a general you) thought Boris was bad .
I’m opting out of this one strathmore because it’s well out of my area of expertise (that’s if I actually have an area of expertise) and I know bugger all about big finance and commerce, and I think most of the posters on this thread are the same. In any event, I don’t think the government will be contacting the forum for advice any time soon. Although some think they can do a better job.
@OldGreyFox ,“don’t think government will be asking?”
Don’t you believe it Ogey!
Who do you think AZZ sells his info too ?? 
Sorry to rub salt into the wound but if you are going to comment it will help everyone if you are also able to back up that comment. Otherwise you are just spouting empty words. It is singularly, solely and specifically the UK that is experiencing this financial crisis. Of its own making. That is 100% clear.
False posts such yours (which you then admit to being without foundation) are at best distracting and at worse spreading lies. And spreading lies, as you yourself have noted, is the job of our politicians.
The cause of the UK’s crisis is Mrs reverse Robinhood & her
cohorts.
I didn’t realise we had a new moderator on the forum…
I post my interpretation of the news in the same way that you do. sometimes I back it up with quotes and observations from various sources which you may or may not consider sufficient. I don’t care what you think strathmore, and I shall continue to post the things I believe in, whether I can produce evidence or not. They are my opinions and observations and will continue…
Yougov polls put Labour 33 points ahead, that would wipe the tories out,
OGF if you can’t produce any evidence to back up your assertions then you may as well be telling us that there’s a bogeyman under your bed & expect us to believe you.
Hi
To be fair to OGF , some of the so called evidence posted on here is not evidence at all merely a link to s biased statement of someone,s views.
All sorts of different views on a forum, that is what a forum is for.
Read the posts and make your own mind up.
Anyway, what have I posted that you need me to produce evidence for Annie?
Aha. Calling someone’s bluff eh? That dirty underhand trick. 
Are surprised? Truss is battery driven zombie whose aim is to make the rich richer and drive the poor to penury.
Hey, we all get to post our thoughts. But equally we all get to challenge unfounded claims. You, as a long standing and respected contributor to this forum, should be aware that your thoughts carry a bit of weight. Because of that I felt it appropriate to call out the unfounded claim you made - and do that calling out quite harshly. But then I think that any unfounded claim needs to be challenged and highlighted. Especially if its one that appears to be simply parroting the empty claims of Truss and co.
But you don’t shy away from calling out some of my posts so all is fair in love, war and forums. Them’s the breaks, eh?
Just for the record strathmore…And Annie…
Quote:-
Ecuador has declared itself bankrupt most times among sovereign nations.
It has declared bankruptcy 10 times.
Brazil, Mexico, Uruguay, Chile, Costa Rica, Spain and Russia have declared bankruptcy nine times during the same period.
Germany has suffered from bankruptcy 8 times in two and a half years, thus coming to the forefront of the major economic countries that have been bankrupt, followed by the US 5 times, China and UK 4 times, and Japan twice.
In the modern era, Russia declared bankruptcy in the late nineties, and in 2001, Argentina also declared bankruptcy.
Iceland
Iceland went bankrupt in 2008 with a debt of $85 billion when the global credit market dried up following the crash in the US financial sector. The banking bubble had grown so large that by 2008, the banking system had a debt that was equal to 10 times Iceland’s GDP.
As the three largest banks fell apart in what was the biggest systematic banking collapse in history, the country fell into a depression, and its economy contracted 10% over the next two years.
Interestingly, Iceland has made a solid recovery since the crisis, with unemployment holding steady at 4%, and by 2014, its economy was 1% bigger than it was before 2008.
And I believe Italy was in a bit of a mess when the currency at the time went through the floor.
Greece was bailed out by the EU when the banks refused to dispense cash…
Yes the PIGS were in trouble but that was about ten years ago. We are getting more like Turkey.
Where is your evidence that @OldGreyFox is a “respected contributor”? Please don’t make claims that you can’t back up. 
