The impact of VAT and Duty rise early in January 2011 on fuel has been well documented, but a side effect is increased delivery costs on every product, which must have seen those rise too.
Surely (and I am no economist), that will see a rise in inflation too, as these increased costs filter through to the everyday budget for families up and down the country?
In fact there has been the suggestion that some companies are using these increased costs as a way of hiding price rises, and bizarely mobile phone companies have piled on the pressure too as charges for data increases. T Mobile being the latest reducing their all Gigabyte inclusive and replacing it with a lower figure in the 500 Mb range.
3, O2 and Vodafone did the same too, and for 3 Network out of allowance calls have been increased as well.
Amazingly, Networks have found a way of increasing charges on fixed term contracts too. Whatever next?
Utility Warehouse has introduced some new brilliant personal sim only deals, and this is covered in more detail here: http://wp.me/pae1W-35 and you may retain your number by obtaining what is called a PAC (Port Authorisation Code) number.
There is further bad news on the horizon with National Insurance and Duty Rises planned for April 2011.
This will fuel the inflationary tendency.
In fact looking around the high streets of London these last few days, suggests that many more businesses have given up the ghost by closing their shops following the Christmas period. Could we be heading for another major decline in trading centres across the country?
It is quite fearful.