The Patch
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Google books | books.google.com |
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Originally published | November 13, 2018 |
Authors | John McPhee |
Genres | Quotation |
Biography | |
Reference Work | |
Date of Reg. | |
Date of Upd. | |
ID | 2984451 |
About The Patch
John McPhee's The Patch is just that: patches of work across a writer's lifetime that come together to form a quilt of essays, reflections and reminiscences. Ranging across a variety of genres and styles, subjects and moods, his patches are collected from writings that have not previously appeared in any book. . . .
UK inflation falls sharply to 4. 6% as energy prices ease
... " Dave Golding, manager of The Patch food bank charity in Milford Haven in Wales, said people were still under pressure from higher food and energy costs, with the charity set to have provided 150,000 meals this year...
Mid Bedfordshire and Tamworth by-elections: What to expect from Thursday's polls
... The Patch has been Conservative for so long, none of the parties began with very much precise data about previous voting patterns, beyond the obvious - which is most voters voted Conservative last time out...
The Patch: BBC radio show's postcode lottery unearths stories in random places
... Each episode of Polly Weston s BBC Radio 4 series The Patch starts with a random postcode generator...
Losing Dominic Raab is a bad day for Rishi Sunak
... Party leader Sir Ed Davey was there in The Patch in the blink of an eye to make that case...
Taiwan bear badge punches back after China drills
... Taiwan s air force told the Reuters news agency that it did not " particularly encourage" its members to wear The Patch, which is not a part of their uniform...
Ocean plastic: How tech is being used to clean up waste problem
... 2% of the 100 million kilograms of plastic contained in the world s largest patch of plastic rubbish, he said it was still worth it: " Everything big starts small, right? " The team believes it will have collected 1% of The Patch by the end of this year using its current system - but they are scaling up their operations to try to clean up patches faster...
Scotland 'snow-free' for fourth time in six years
... Just six days ago he had made the climb to check on The Patch and described it as " hanging on for dear life...
By-election: Tory wobbles in true blue Bexley?
... One minister who has visited The Patch points out that governing parties historically used to get a hammering at mid-term by-elections - so the fact they ve even won some, like Hartlepool, is reason to be optimistic...
UK inflation falls sharply to 4. 6% as energy prices ease
By Michael Race & Faisal IslamBusiness reporter and Economics editor, BBC News
UK inflation fell sharply in October to its lowest rate in two years, largely due to lower energy prices.
Inflation, which measures the rate at which consumer prices rise, dropped to 4. 6% in the year to October, down from 6. 7% the month before.
The figure means a government pledge to halve inflation by end of the year has been met early.
But there is a limit to how much credit ministers can take for The Fall as energy prices settle.
Economists have said the main reason inflation has fallen from its peak of 11. 1% in October 2022 is due to a fall this month in the energy price cap, which limits what suppliers can charge consumers per unit of energy.
They also note The Bank of England's decision to raise interest rates, in a bid to cool demand in the UK economy and slow price rises.
Rates are currently at 5. 25%, a 15-year high, which has pushed up mortgage costs but also meant higher savings rates.
Grant Fitzner, chief economist at The Office for National Statistics (ONS), said inflation fell as " Last Year 's steep rise in energy costs has been followed by a small reduction in the energy price cap this year".
He added food prices were little changed last month, but said hotel prices had fallen.
Although The Signs point to the cost of living easing, many households will not feel better off, especially when It Comes to energy bills.
Despite gas and electricity prices being lower than Last Year , most households will actually pay more for energy this winter than last because government support for bills is no longer in place.
Falling inflation also does not mean that most goods and services are cheaper to buy, rather that prices are rising less quickly.
'Legacy of higher prices'James Smith, research director at The Resolution Foundation Think Tank which focuses on The Living standards of people on low-to-middle incomes, said " the cost-of-living crisis is Far from over".
" The scale of Britain's inflation shock has left A Legacy of Far higher prices, " He Said .
" Over The Past two years, the cost of energy has surged by 49% while food prices have risen by 28% - Far greater than the 14% in average earnings over this period. "
Dave Golding, manager of The Patch food bank charity in Milford Haven in Wales, said people were still Under Pressure from higher food and energy costs, with The Charity set to have provided 150,000 meals this year.
" We had a record year Last Year for food parcels and I don't think that will change much this year, " he told The Bbc .
" A lot of people are trying to Be Careful with their energy budget. People struggle to have The Cooker Go On for a full-blown meal. "
When Rishi Sunak pledged in January to halve inflation by The End of the year, many experts were already forecasting the rate would drop.
Responding to the latest figures, the Prime Minister said The Pledge had been his " top priority" and required " hard decisions and fiscal discipline".
Chancellor Jeremy Hunt added that government had played an " important role" by being " disciplined on spending, Helping People into work and resisting calls for additional borrowing".
But Labour's shadow chancellor Rachel Reeves said that while lower inflation would grant " some relief for families" now was not The Time for Conservative ministers to be " popping champagne corks and patting themselves on the back".
Despite October's fall, the UK is still some way off meeting The Bank of England's 2% inflation target and The Bank 's policymakers have pointed out in recent weeks that interest rates are unlikely to be cut in the near future.
The ONS said that energy and food prices were still above where they were two years ago. It is also possible that the energy price cap for next year, which is unveiled next week, could show energy prices are set to rise again.
UK inflation also remains higher than other countries including the US, France and Germany.
What can I do if I can't afford my energy bill? Related TopicsSource of news: bbc.com