Govt Considers Austerity For TaxCuts, As UK In Recession!

When they gained power in 2010 apparently a note was left saving there is no money left. The Tories immediately said austerity and have been playing the austerity card ever since.
People aren't spending because companies have seen the Ukraine conflict as a way of putting up prices of food and power supplies. I was looking at fixing my energy price for a year in 2022 but left it a day late because as soon as I came in from a night out Russia had invaded the Ukraine and the supplier immediately put their prices up, I think it went from 20.5p per kWh for electric and 3.1p for gas to 26.58p for electric and 5.85p for gas suppliers soon realised that no one was going to fix at those prices and removed the deals. With food the supermarkets started increasing prices within a week. Overall my weekly shopping bill went from an average of £8 to £15 nearly a 100% increase in the next few months. The average electric user saw their prices increase from £1,100, or thereabouts, per year to over £2,300 per year but the energy prices dropped later on and people still paid the higher price for what could be 5 months until they put the increases to every 3 months then they could only pay a higher price for around 2 months if prices dropped significantly, and according to reports the prices are now near what they were before Russia invaded the Ukraine.