petrol spent on heating bills, fuel bills, petrol bills and so on, this leaves less money petrol bills and so on, this leaves less money to go around ever else. and that less money to go around ever else. and that is less money to go around ever else. and that is the point, isn t it, kevin? it takes us back to the point earlier about stagflation. why is it is so damaging is the effect of the inflation causes people to stop spending on other things, partly because the things they have to spend on our costing more, but also partly because they are fearing for the future, so that makes them less likely to risk big investments and all the rest of it. that has an impact on the other bits of the economy, so while the inflation continues to go up, even though in normal circumstances it ought to stop going up, because the demand is not quite as mad, actually, it has carried on going up in economy meanwhile is tanking under it, because people are not spending. is a pretty viciou
more concerned about, can they fill up more concerned about, can they fill up their car? can they get the train to work? can they afford to keep their home? feed their kids? these are the real bread and butter issues which are more likely to bring down this government, rather than parties in number 10, this government, rather than parties in number10, so, yeah, it is, as we said earlier, the prime ministers desperate to move on, to get onto positive things, as far as the government is concerned, to get around all the controversy around the sue gray report about privileges the privileges committee inquiry coming up, from the message, but is difficult to do so when you call me has not grown, inflation is soaring, interest rates are going up and people are really, really struggling. people are really, really struggling- people are really, really stru~lin~. , , .,, people are really, really stru~lin~. , , ., struggling. martin, my story for this look at struggling. martin, my story f