The rising cost of living in the UK seems to have overshadowed concerns about Ukraine.
The number of Britons advocating tough economic sanctions against Russia in response to its military campaign in Ukraine has fallen over the past month, the latest opinion poll reveals.
Conducted by Redfield and Wilton Strategies and commissioned by The Sunday Telegraph, the survey indicates that only 36% of those polled this week are willing to accept higher fuel prices to hurt Russia more: 14 percentage points less than 50% of March.
A third of Britons surveyed responded negatively when asked if they were willing to pay more for food to help Ukraine resist the Russian offensive. Yet another third said it is a sacrifice worth making.
Some 54% of those surveyed reported a worsening of their financial situation in the past year, up from 42% two months ago, and 62% said they expect the future to be even bleaker.
More than two-thirds of Britons said they have not received a pay rise despite the rising cost of living, and the majority of those who did receive a rise said it is not enough to offset inflation.
Based on these latest findings, The Telegraph surmised that personal financial problems may now have overshadowed concerns about Russia’s military offensive against Ukraine in the eyes of the general public in the UK.
Following the start of Russia’s military offensive in Ukraine on February 24, oil prices soared to levels not seen since 2008. And although they have fallen in recent weeks, black gold is still much more expensive than before the start. of the conflict, with a barrel of Brent crude over $111 on Thursday.
Gas prices have also followed the upward trend, all of the above translating into higher energy bills and gas prices for both individuals and companies in Europe and America. The rising cost of transportation has had a ripple effect, leading to higher prices for groceries and other goods.
Britain, which announced in early March that it would eliminate all Russian oil imports by the end of the year, is no exception in terms of soaring fuel prices.
British automotive services company RAC fuel spokesman Simon Williams told the media that “March 2022 will go down in the history books as one of the worst months when it comes to pump prices.He also said that “to describe the current situation facing drivers on the concourse as ‘grim’” would “something like a euphemism.”
Figures released on Wednesday indicate that UK inflation hit the 7% year-on-year mark in March, the highest level since 1992.
Officials in Britain acknowledged shortly after the start of Russia’s military campaign in Ukraine that sanctions on Moscow would result in economic setbacks and hurt the UK as well. London went ahead with punitive measures regardless, with Foreign Secretary Liz Truss arguing that prices would be much higher if Russia manages to seize Ukraine.
Speaking on February 27, Truss emphasized that the “The pain we will face in the UK is nothing like the pain people in Ukraine are currently facing.”
The UK, along with the US, the European Union, Canada, Japan, Australia and several other nations have imposed several rounds of sanctions on Russia, targeting, among other things, the assets of its central bank, several of the major commercial banks and entire industries. . Several countries have announced plans to phase out Russian energy imports, oil and coal in particular.
Russia attacked the neighboring state in late February after Ukraine failed to implement the terms of the Minsk agreements, first signed in 2014, and Moscow’s eventual recognition of the Donbass republics of Donetsk and Lugansk. The protocols negotiated by Germany and France were designed to give breakaway regions special status within the Ukrainian state.
Since then, the Kremlin has demanded that Ukraine officially declare itself a neutral country that will never join the US-led NATO military bloc. kyiv insists the Russian offensive was completely unprovoked and has denied claims it planned to retake the two republics by force.