Butch Posted November 7, 2021 Share Posted November 7, 2021 (edited) I'm sure all UK based BM's will understand what I mean, I paid 150pence for a litre of Tesco momentum last night, regular unleaded 141pence and diesel around 145 pence. This itself is doing a good job of driving up inflation and I think it a result of the fuel shortages we saw last month., coupled with an increase in gas prices for domestic and industrial use. It is starting to get a bit silly now. Food prices are on the increase, and inflation is pegged at around 5% or more depending upon what and where you read about it. I do have a question though, if Aviation fuel subject to a similar rise? I don't know how it works but a steep increase in the cost of fuel can only mean one thing for the customers. From where I am sitting, I think the future looks bleak for any first time house buyer, or young adults struggling to move forward or raise a young family. Any struggling family is going to probably have to forego their holidays and tighten heir belts at Xmas. No idea where it will end, and I real feel and worry for the future for our kids. Edited November 7, 2021 by Butch Link to comment Share on other sites More sharing options...
coxyhog Posted November 7, 2021 Share Posted November 7, 2021 8 minutes ago, Butch said: I do have a question though, if Aviation fuel subject to a similar rise? Aviation fuel is subject to the cost of crude but airlines used to buy lots in advance before Covid,not sure if they still do. It's not subject to VAT. 1 Link to comment Share on other sites More sharing options...
fforest Posted November 7, 2021 Share Posted November 7, 2021 Food prices are going up in Pattaya too....I was buying average joe steaks for 335 baht a kilo for ages and now the price is up to 365 baht a kilo.... Link to comment Share on other sites More sharing options...
Captain_B Posted November 7, 2021 Share Posted November 7, 2021 Exactly, as Cosyhog says, both Airlines and shipping companies do not pay tax for their international trips which helps bit they will still be affected by the core increases. Link to comment Share on other sites More sharing options...
Freee!! Posted November 7, 2021 Share Posted November 7, 2021 It is not only in the UK the fuel prices are hitting record highs. Lucky for me I can save about 15% just by tanking close to my work in another country instead of near home. Link to comment Share on other sites More sharing options...
Jambo Posted November 7, 2021 Share Posted November 7, 2021 (edited) 4 hours ago, Butch said: I'm sure all UK based BM's will understand what I mean, I paid 150pence for a litre of Tesco momentum last night, regular unleaded 141pence and diesel around 145 pence. This itself is doing a good job of driving up inflation and I think it a result of the fuel shortages we saw last month., coupled with an increase in gas prices for domestic and industrial use. It is starting to get a bit silly now. Food prices are on the increase, and inflation is pegged at around 5% or more depending upon what and where you read about it. I do have a question though, if Aviation fuel subject to a similar rise? I don't know how it works but a steep increase in the cost of fuel can only mean one thing for the customers. From where I am sitting, I think the future looks bleak for any first time house buyer, or young adults struggling to move forward or raise a young family. Any struggling family is going to probably have to forego their holidays and tighten heir belts at Xmas. No idea where it will end, and I real feel and worry for the future for our kids. Its a nightmare! I paid 250 pence for a Bovril at the Hearts yesterday! It didn't go down too well either after 3 pints of 80/- (no change from a tenner) in the "Diggers" before presenting my NHS Covid Passport for inspection at the turnstiles. Picked up a fish supper on the way back and that cost 7 pounds 50. I saved 10 pounds at the live music club round the corner from where I stay. Full House - They had sold out all the entry tickets online! Edited November 7, 2021 by Jambo 1 Link to comment Share on other sites More sharing options...
Lirchenfeld Posted November 7, 2021 Share Posted November 7, 2021 It is the same everywhere, not just UK. Link to comment Share on other sites More sharing options...
Lantern Posted November 7, 2021 Share Posted November 7, 2021 Approaching $2 a liter here in Oz ATM. 1 Link to comment Share on other sites More sharing options...
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