Wednesday, September 28, 2022

The British did not forget the economic crisis in the historic week




English living a historic week, On Monday he saw political change at 10 Downing Street, with Boris Johnson being replaced as prime minister by Liz Truss, the third woman in office. And on Thursday, Carlos III became the new king after the death of his mother, Isabel II, Who ruled the country for 70 years.

The death of the Queen of England is a The change of era opens a new chapter in history and saddens the whole country, But, beyond the upper echelons, the British They do not forget the economic situation in which the country finds itself, Inflation in the UK is at its highest level in 40 years and Electricity and gas bills are very high a few weeks before winter arrives.

Neil, 48, from London, defines the situation perfectly. “It is a very sad moment, but such is life. People die and that doesn’t mean anything is different. It will still be very difficult to pay the bills”, he points to this medium. ,Prices are skyrocketing and people don’t have enough money”, he moans in an angry tone.

The British Fear “They Can’t Survive”

The post-war coronavirus pandemic in Ukraine has had consequences. The British economy is facing runaway inflation, Commodity prices keep rising and neither do electricity bills. According to the power sector regulator Offgame, Prices will increase by 80% from October 1,

this situation makes 9 out of 10 Britons are concerned about its impact According to the Ipsos survey, they can incur high cost bills for themselves and the entire country.

“The biggest problem is the gas bill, which is the main issue at the moment”, explains Simon Torney, dean of social sciences and professor of politics at the University of Bristol, to RTVE.es. “The cost of living in general with high inflation has exploded throughout the year. Pensions do not follow the same rhythm and There are many people with low wages”, that description.

Fiona, a woman in her 60s who walks quietly in the London neighborhood of Westminster, assured that in the United Kingdom “the situation is too complicated for many people because Salary has not increased for some time and Many people have lost their jobs due to the pandemic.” “The cost of living has gone up a lot. In supermarkets, prices are through the roof. Six months ago You £1.40. I can buy two liters of fresh milk (about 1.60 euros) and Now it will cost you £2.10. Is (about 2.40 euros)”, he insisted.

“Prices just keep going up. These are very scary times for everyone. If this continues, it will be a disaster, People will not be able to pay for anything,” says Connor, serving Guinness beer at a pub in the London neighborhood of Tower Hamlets, one of the capital’s poorest.

Paradise is one of those people. He lives in London and works in a fast food delivery company. While waiting for the order, he says that earns around £1,200 a month (about 1,370 euros), an amount that He assured that “it is not enough”.

“My rent is £600 a month and next month the electricity is going to go up to 80%. Then I wonder how will I survive?“I don’t know what will happen to me in the future. I don’t know what will happen to my life. How will I survive next month? He says, checking his phone for a new order.

Firdous explains how to reduce your electricity bill It has gone from “putting up three washing machines a week to putting in just one a day”., “I watch less TV and turn off the lights to save electricity. If the bill was less than £100 a month, that would have been enough for me, but more is impossible”, he lamented.

Businesses raise their prices and get less

Businesses mainly affected by the increase in electricity bills. Lara is a manager at a coffee shop called Cafe Tejo and while preparing the coffee she says “Every time have fewer customers because they have less money to spend And the bills are going up.” “If this problem is not resolved, many businesses will be forced to close because Can’t pay expenses like rent or bills“, she admitted.

As they point out, they have made sacrifices to save costs and they don’t have employees. In addition, he spends about £2,000 (2,285 euros) per month on electricity in his cafeteria. “It’s double what I was paying a year ago and it’s not winter yet… in winter we’ll spend even more and it’ll be harder Because we have to increase the price of the products and this will affect our customers”, he lamented.






The entrance to Cafe Tejo, a coffee shop in the London Borough of Westminster RTVE

Maria Angeles is a Granada-born woman who runs Yoella Hair Salon in the Westminster neighborhood. He is aware of the cold winter that predicts the British economy. “The situation is very difficult and worse times are coming”“It’s the beginning of everything,” he says.

Maria Engels insists that at home she saves electricity, but in her hairdressing salon it is more complicated. “We need lights to work. I joke with customers that we are going to start the search with candles or flashlights”, he laughs.






Several women at the Yoella Hairdressing Salon in Westminster, London RTVE

Several elderly women go to the barber and the manager says that “many Pensioners will not be able to pay electricity bill If they do not get help from the government.

ask the government for help

The new Prime Minister of the United Kingdom, Liz Truss, has inherited a declining economy and her first announcement before the British Parliament was a plan to tackle the energy crisis which includes Freeze the average household bill at £2,500 (approx 2,872 euros) per year for two years. He did so, just before the session was interrupted after learning of Queen Elizabeth II’s critical health condition.

“It is estimated that a third of Britons are currently having trouble meeting their most basic payments. For this reason, when Liz Truss came to power as prime minister, she Limit gas prices as a priority”, explains Torney. “This is the number one issue facing the UK right now,” he says.

Liz Truss promises to reduce electricity bills and taxes in case of crisis

Regarding the plan announced by Truss, the Dean of the University of Bristol assured that “it is a great help, but it is very controversial because What they are not doing is telling the gas companies that they are charging too much, Something that other European countries are doing.” “The other option is to resort to more radical options, such as nationalizing energy companies,” he emphasized.

In this sense, Fiona believes that the United Kingdom has “an idiot and that in this country we generate enough energy so as not to buy it from Europe”. “But we have an agreement under which we sell the energy we produce to Europe and then we buy it back., If we were using our own energy it would be cheaper“, he thinks.

For his part, Lara believes the government should “put a cap on the price of electricity for businesses.” ,They should help businesses more, but so far we haven’t received anything”, complained the manager of Cafe Tejo.

The United Kingdom marks the beginning of a new era, ending 70 years of Elizabeth II’s reign and the beginning of a new monarch, a change that this week sparked by British concerns for their domestic economies that the country will never forget .

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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