Friday, January 28, 2022

Pressure ?

The notion that the imposition of a two year freeze on the BBC licence fee is something to do with concerns for hard-pressed consumers is given the lie by the date of the DCMS 'initial determination' - 22 July 2021. At that stage CPI was at 2.4% (and headed down the following month).  The Treasury's average of Consumer Price Inflation forecasts was, at that stage, 2.9% for the whole of 2021, and 2.0% for 2022. 

When Nadine Dorries wrote her final determination, on 21st January, CPI was 4.8%.  

No comments:

Post a Comment

Other people who read this.......