As inflation bites in Britain, people are ditching credit cards and selling pets

Last update: 09 Aug 2022, 09:00 IST

The current inflation rate is 9.4%, and the Bank of England official estimates that it should reach at least 13% and stay that way until at least the end of next year. Representative photo: Shutterstock

Also, how Hindu festivities light up London

It’s time to save: It can sometimes be difficult to understand the poverty, or even the pinch, in Britain and Western Europe. But that is what Britain is currently facing. The worst is yet to come. The current inflation rate is 9.4%, and the Bank of England official estimates that it should reach at least 13% and stay that way until at least the end of next year.

Already, lifestyles have changed. People just don’t shop in several stores such as Waitrose which have high end products. Many have given up the car to take public transport. And now La Poste reveals that more and more people are putting their bank cards aside to pay for their expenses in cash to better limit their expenses. At the far end are reports of people selling their pets in order to save money.

At the same time, growth has slowed and the economy is expected to slip into recession by the end of the year. So feel jobs, and income reduced by inflation. These illegal migrants looking to sneak into the UK risking their lives on these small boats have no idea what they are getting into.

Question of faith: Two Hindu events of the past few days have gone down in style and on a grand scale in London. At the famous Neasden temple to mark Parmukh Swami Maharaj’s 100th birthday, and at Southall to celebrate Janmashtami. But an incidental truth stood out at both festivals – how many people of other faiths came to join us.

Very visibly, large numbers of Sikhs came to both festivals, to join in the prayers at the temples and to join in the celebrations outside. As at these festivals, so in daily life across London, the Separatists with their hateful little agendas are truly an inconsequential minority. They have more life in the media than in the streets and in homes.

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