Alice wrote:
<I just found out the current price of the rooms. It's double what it was
two years ago. I don't know if this is just inflation, or the prices were
raised because the London Eye is just outside it's door ....>
Probably just inflation.
The cost of food has risen by 8.9% in the past year alone, although the
official inflation rate (on which public sector pay rises are based) is only
around 3%. Energy costs gas, electricity) have just risen by 15%. Fuel has
reached well over £1.00 per litre and the tax on that will e increased by 2
pence per litre in 6 months time, without the cost of oil rising. All of
that has to be taken into account when working out the price of a room.
Compound that year by year for the past 10 years and double would seem about
right, or even a bit low.
We had the annual budget from the government yesterday. It's now cheaper to
snort a line of cocaine than to buy a glass of cider.
Jean in Poole, Dorset, UK
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