Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
Fake news 09:15 - Jan 24 with 3761 viewsDJR

Rachel Reeves said this last week.

“Prices are still rising in the shops, with the average weekly shop £110 more than it was before the last general election, and the average family set to be £1,200 worse off under Rishi Sunak’s tax plan."

This has obviously just been debunked on More or Less because her figure would imply the average weekly shop is around £550. In fact it is only £75.

So not only is she a plagiarist, she's not very good at maths, and her main strength when it comes to economics is being economical with the truth.
[Post edited 24 Jan 2024 9:22]
-1
Fake news on 09:56 - Jan 24 with 3589 viewsBasuco

Rachel Reeves maths is not as far out as yours for me? The current food inflation rate it is 8% and makes someone on £110 per week shop £550 a year worse off by my maths
.
RR figures work out as £110 per week = £5720, food inflation is currently running at 8%, food bill up to £6217.
£6217 - £5720 = £497.

My estimated food shopping bill for 3 adults is around £200 to £250 per week. This is based on around £150 on regular weekly food shop plus meat from butchers, top up food during the week plus other items not purchased in a supermarket.
On £225 per week (my estimated average) this makes current bill £11700 + 8% food inflation = £12717.
Making £1,017 extra per annum.

On my upper spend of £250 per week it is £1130 per annum.

Add another child or teenager and I can see the bill could rise to her figure of £1200 worse off, I suppose it depends if you use the headline inflation figure or food inflation figure, food is something we all have to spend on, we all need to eat, so that is why I used 8%.
[Post edited 24 Jan 2024 10:03]
3
Fake news on 10:02 - Jan 24 with 3557 views_clive_baker_

This is where grammar is important innit.

"£110, more than it was at the last general election" and "£110 more than it was at the last general election" are very different.

I can believe the 1st statement.
4
Fake news on 10:19 - Jan 24 with 3492 viewsGeoffSentence

I don't get the maths in the third paragraph.

If she said that it was £110 more than before the last election why would that imply the average weekly shop is now £550? It would only imply that if the average weekly shop was £440 previously.

Wouldn't it? Or am I missing something?

Don't boil a kettle on a boat.
Poll: The best Williams to play for Town

0
Fake news on 10:32 - Jan 24 with 3420 viewsericclacton

Well let me tell you dis, my Kwick Kwap choco bickies have gone up 200 % and they are smaller











0
Fake news on 11:12 - Jan 24 with 3339 viewsredrickstuhaart

Fake news on 10:19 - Jan 24 by GeoffSentence

I don't get the maths in the third paragraph.

If she said that it was £110 more than before the last election why would that imply the average weekly shop is now £550? It would only imply that if the average weekly shop was £440 previously.

Wouldn't it? Or am I missing something?


The point is she wrongly attributed the 110 to weekly shop when the figure actually applies to a 'shopping basket' of all household expenses and also ignores wage rises (though that makes limited difference for public sector folk).

When called on that, they doubled down rather than acknowleding the statement was wrong. Troubling. They must not fall into the same patterns of dishonesty as the government.
1
Fake news on 11:38 - Jan 24 with 3219 viewsDJR

Fake news on 09:56 - Jan 24 by Basuco

Rachel Reeves maths is not as far out as yours for me? The current food inflation rate it is 8% and makes someone on £110 per week shop £550 a year worse off by my maths
.
RR figures work out as £110 per week = £5720, food inflation is currently running at 8%, food bill up to £6217.
£6217 - £5720 = £497.

My estimated food shopping bill for 3 adults is around £200 to £250 per week. This is based on around £150 on regular weekly food shop plus meat from butchers, top up food during the week plus other items not purchased in a supermarket.
On £225 per week (my estimated average) this makes current bill £11700 + 8% food inflation = £12717.
Making £1,017 extra per annum.

On my upper spend of £250 per week it is £1130 per annum.

Add another child or teenager and I can see the bill could rise to her figure of £1200 worse off, I suppose it depends if you use the headline inflation figure or food inflation figure, food is something we all have to spend on, we all need to eat, so that is why I used 8%.
[Post edited 24 Jan 2024 10:03]


My figures were taken from More or Less (although listening back the figure was £508 not £550). And if you want to double-check, listen to today's programme. It was arrived by working backwards by reference to inflation since the last general election.

The problem is, as redrickstuart points out, that she wrongly attributed the £120 to weekly shop when the figure actually applies to a 'shopping basket' of all household expenses, which include things like furniture repairs and rent.

And her second point relates to tax effects.

But maybe for a Waitrose shopper like her the weekly shopping basket has increased by £110.
[Post edited 24 Jan 2024 11:47]
0
Fake news on 11:40 - Jan 24 with 3196 viewssolemio

Fake news on 10:02 - Jan 24 by _clive_baker_

This is where grammar is important innit.

"£110, more than it was at the last general election" and "£110 more than it was at the last general election" are very different.

I can believe the 1st statement.


That's punctuation, not grammar.
0
Fake news on 11:44 - Jan 24 with 3157 viewsDJR

Fake news on 10:02 - Jan 24 by _clive_baker_

This is where grammar is important innit.

"£110, more than it was at the last general election" and "£110 more than it was at the last general election" are very different.

I can believe the 1st statement.


But there is no comma so it can't be read thus.

As it is, More or Less said that the average weekly shop is £75 which is probably lower than one might think, but is understandable because many households comprise only one or two people.
0
Login to get fewer ads

Fake news on 11:57 - Jan 24 with 3095 viewsChurchman

Whatever the statistics, the increase in prices is noticeable, as is producer size reduction in products to mask it. It’s not a factor for me, but it is for people on low incomes, for example people existing on State Pension.

Whether Reeves is talking cobblers or not, it’s clear that lightweight Sunak and the wrecking crew won’t be campaigning on inflation and the economy.

https://www.euronews.com/business/2023/11/21/real-food-inflation-in-europe-which
1
Fake news on 11:59 - Jan 24 with 3085 viewsgeg1992

Fake news on 11:57 - Jan 24 by Churchman

Whatever the statistics, the increase in prices is noticeable, as is producer size reduction in products to mask it. It’s not a factor for me, but it is for people on low incomes, for example people existing on State Pension.

Whether Reeves is talking cobblers or not, it’s clear that lightweight Sunak and the wrecking crew won’t be campaigning on inflation and the economy.

https://www.euronews.com/business/2023/11/21/real-food-inflation-in-europe-which


It's very noticeable. For us as a couple, we were spending £30-40 a week on the food shop, it's now averaging at around £60 per week.

Poll: Who would you play in place of Burns on Sunday?

0
Fake news on 12:04 - Jan 24 with 3051 viewsChurchman

Fake news on 11:59 - Jan 24 by geg1992

It's very noticeable. For us as a couple, we were spending £30-40 a week on the food shop, it's now averaging at around £60 per week.


You are not alone! That’s about the same as for me and Mrs C.
0
Fake news on 13:10 - Jan 24 with 2954 viewsBanksterDebtSlave

Fake news on 12:04 - Jan 24 by Churchman

You are not alone! That’s about the same as for me and Mrs C.


That's a lot of tinned sardines and baking potatoes!

"They break our legs and tell us to be grateful when they offer us crutches."
Poll: Do you wipe after having a piss?

0
Fake news on 14:13 - Jan 24 with 2856 viewsChurchman

Fake news on 13:10 - Jan 24 by BanksterDebtSlave

That's a lot of tinned sardines and baking potatoes!


Nothing wrong with sardines and/or baking potatoes.

Useful information for a happier life: You should never eat fresh sardines in Portugal outside May to August.
0
Fake news on 14:35 - Jan 24 with 2798 viewsBanksterDebtSlave

Fake news on 14:13 - Jan 24 by Churchman

Nothing wrong with sardines and/or baking potatoes.

Useful information for a happier life: You should never eat fresh sardines in Portugal outside May to August.


Baked potato, toast...I'm with you all the way.

"They break our legs and tell us to be grateful when they offer us crutches."
Poll: Do you wipe after having a piss?

0
Fake news on 17:37 - Jan 24 with 2668 viewsDJR

Not sure why I got a downvote, but this is Politico's take.

STATS DEBUNK: Labour’s Rachel Reeves got the More or Less treatment this morning over her claims a week’s shop is up £110 — based on prices being up 20 percent since 2019. The show pointed out that Labour was conflating the ONS “basket of goods,” which includes food products but also fuel, holidays, TV subscriptions and more, with the weekly supermarket shop. In reality, the weekly shop is on average £75, according to the ONS. The show concluded Labour would have been fine to argue the overall cost of living is up £110 on average since 2019, but to cast that as the “weekly shop” is misleading. And Labour could also have pointed out that average wages are up by the same amount. More or Less will be vital listening in election year (and all other years.)
0
Fake news on 07:41 - Jan 25 with 2387 viewsDJR

Fake news on 17:37 - Jan 24 by DJR

Not sure why I got a downvote, but this is Politico's take.

STATS DEBUNK: Labour’s Rachel Reeves got the More or Less treatment this morning over her claims a week’s shop is up £110 — based on prices being up 20 percent since 2019. The show pointed out that Labour was conflating the ONS “basket of goods,” which includes food products but also fuel, holidays, TV subscriptions and more, with the weekly supermarket shop. In reality, the weekly shop is on average £75, according to the ONS. The show concluded Labour would have been fine to argue the overall cost of living is up £110 on average since 2019, but to cast that as the “weekly shop” is misleading. And Labour could also have pointed out that average wages are up by the same amount. More or Less will be vital listening in election year (and all other years.)


Perhaps worse than telling porkies is both parties not being frank with the public about the challenges ahead, something which ought to be the case in a sane world, given the following article, but won't be.

https://www.theguardian.com/politics/2024/jan/25/labour-and-tories-need-to-be-ho
0
Fake news on 10:19 - Jan 25 with 2279 viewsSwansea_Blue

Fake news on 17:37 - Jan 24 by DJR

Not sure why I got a downvote, but this is Politico's take.

STATS DEBUNK: Labour’s Rachel Reeves got the More or Less treatment this morning over her claims a week’s shop is up £110 — based on prices being up 20 percent since 2019. The show pointed out that Labour was conflating the ONS “basket of goods,” which includes food products but also fuel, holidays, TV subscriptions and more, with the weekly supermarket shop. In reality, the weekly shop is on average £75, according to the ONS. The show concluded Labour would have been fine to argue the overall cost of living is up £110 on average since 2019, but to cast that as the “weekly shop” is misleading. And Labour could also have pointed out that average wages are up by the same amount. More or Less will be vital listening in election year (and all other years.)


I thought she may be using the ONS' 'basket of goods' when I saw this yesterday, but couldn't be arsed to post. Who doesn't buy a holiday very day? (Seriously though, most of those items are regular purchases).

Food inflation is horrendous - the current 8% figure is a best case scenarios as well from the cheapest places. We rely a lot on our local village shop to fill in the gaps and that's increased it's prices by an eye-watering amount over the last couple of years.

None of this would be an issue if pay overall had kept pace with inflation of course...

Poll: Do you think Pert is key to all of this?

0
Fake news on 10:44 - Jan 25 with 2235 viewsmatteoblue

Fake news on 10:02 - Jan 24 by _clive_baker_

This is where grammar is important innit.

"£110, more than it was at the last general election" and "£110 more than it was at the last general election" are very different.

I can believe the 1st statement.


If you include the actual quote that she said, the comma cannot make sense.

We are Premier League, say we are Premier League!

0
Fake news on 10:49 - Jan 25 with 2226 viewsericclacton

Rachel Reeves is the Granddaughter of Jim Reeves.







0
Fake news on 11:04 - Jan 25 with 2190 viewsgiant_stow

Fake news on 07:41 - Jan 25 by DJR

Perhaps worse than telling porkies is both parties not being frank with the public about the challenges ahead, something which ought to be the case in a sane world, given the following article, but won't be.

https://www.theguardian.com/politics/2024/jan/25/labour-and-tories-need-to-be-ho


Poor old Labour get's it in the neck for not being ambitious or 'left' enough and then another blow for not coming clean about the challenges ahead. Personally, i think the horrible tax/spend situation is a large part of why Labour isn't promising the earth now. Meanwhile, the Tories cut taxes to deliberately scupper the next govt - if something weird does happen and they somehow retain power, the silver lining will be watching them explain away their own mess. .

Has anyone ever looked at their own postings for last day or so? Oh my... so sorry. Was Ullaa
Poll: A clasmate tells your son their going to beat him up in the playground after sch

0




About Us Contact Us Terms & Conditions Privacy Cookies Online Safety Advertising
© TWTD 1995-2025