• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Politics

Brexiteers reminded of cost of living promises one year on from EU exit

There's a "ridiculous report from some lobby group that says the price of food will go up - it will go down", Jacob Rees-Mogg said in 2016.

Jack Peat by Jack Peat
2022-01-02 09:01
in Politics
FacebookTwitterLinkedinEmailWhatsapp

Prominent Brexiteers have been reminded of the times they promised the cost of living would fall outside the EU one year hence Britain’s split from the bloc.

According to theResolution Foundation, the rising cost of living will become the dominant issue facing Boris Johnson in the new year as families face a £1,200 hit from April.

The economic think tank said families would typically face that level of impact as the energy price cap is raised and a 1.25 percentage point increase in National Insurance contributions (NICs) comes into effect.

At the same time, rising inflation means that real pay levels are set to stagnate, with real wages next Christmas forecast to be no higher than they are this year.

The Bank of England expects the inflation rate to hit about 6% by spring 2022, meaning the benefits of any wage increases are likely to be eroded by rising prices.

It makes a mockery of comments made by Jacob Rees-Mogg, Douglas Carswell and Daniel Hannan prior to the referendum.

Here’s a reminder of what they had to say:

RelatedPosts

Conservatives suffer hat-trick of council by-election defeats

Watch: Tories take a beating as BBC QT heads to Inverness

Steve Bray fundraiser nears a quarter of a MILLION pounds

Labour MP asks whether US-born Boris should be deported for breaking the law

Has your cost of living gone down in year 1 of Brexit?

"The price of food will go down."
– @Jacob_Rees_Mogg, 2016

“Our food bills will be lower. Our energy/fuel costs will be lower. Our tax bills will be lower.”
– @DouglasCarswell & @DanielJHannan, 2016

Retweet to remind them. pic.twitter.com/LbiWM5o9Vo

— Labour Movement for Europe 🌹 🇪🇺 (@labour4europe) December 27, 2021

Related: One year on, most voters think Brexit has harmed Britain

Tags: BrexitJacob Rees-Mogg

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Russian opposition figure poisoned with same nerve agent used in Salisbury

An independent Scotland would be welcomed ‘enthusiastically’ by EU – Tusk

Nullify far left and reject ‘wokeism’ to win power again, Blair urges Labour

In Pictures: Calais Migrant Camp Cleared

Summer must have: Probably the best sleeping bag ever?

‘Hostile architecture:’ Residents concerned park bench created to deliberately deter rough sleeping

Cannes 2022 Review: Elvis

Brexiteers attempt to light EU flag on fire during – but fail due to European fire proofing regulations

Britain’s best spirit and cocktail delivery services

Video of the captured Indian Air Force pilot who was shot down by Pakistani forces

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.