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Number Of Freddos You Can Buy Today Compared To The Year 2000

Number Of Freddos You Can Buy Today Compared To The Year 2000

Robert Peston did some maths and broke the tragic news to Joe Lycett

Dominic Smithers

Dominic Smithers

While Rishi Sunak might not worry himself with how much a Freddo bar is going to set him back, it's an issue that keeps many of us awake at night.

Well, Robert Peston has done some calculations and it doesn't look good, folks.

Speaking on Joe Lycett's Got Your Back, the political journalist explained just how many Freddos a person could buy now, compared to back in 2000.

He told the comedian: "I've been wasting my time for years on relatively trivial issues like the banking crisis, the Covid crisis, the Brexit crisis, but I've always wanted to get stuck into this question of what's been happening to the price of Freddos.

"The basic numbers are these - a Freddo bar cost 10p in 2000. It went up to 17p, that's a 70 percent increase, in 2010.

"Believe it or not, for a brief period it was 30p, but now it's 25p.

"Obviously, for most of us, our quality of life stems from how many Freddos we can afford in a typical day, so I looked at how many Freddos you can buy in 2000 based on average earnings, compared with how many we can buy today based on average earnings.

"The average hourly rate of pay in 2000 was £7.50. That bought you 75 Freddos. Of course, pay has gone up really quite a lot since 2000. It's gone up to £14.20 an hour on average.

"But here's the really bad news. That average hour's work buys you only 57 Freddos - disaster!"

PA

Ending his pretty depressing presentation, Peston offered some advice to people watching back at home.

"If you want to make a decent investment, don't eat a Freddo - just put it away for a rainy day! It's going up in value," he said.

But just think, if Niko Omilana had been successful in his bid to become the Mayor of London, this could have all been avoided.

As part of his campaign, the YouTuber had pledged to reduce the price of a Freddo back down to just five pence again.

PA

One person who won't be impacted by the inflation in the price of the froggy treat, though, is Rihanna, who recently became a billionaire.

The singer, real name Robyn Fenty, is, of course, a global phenomenon, but it might come as a surprise to some that she is as rich as she is.

Well, according to Forbes, the 33-year-old boasts a fortune totalling an eye-watering $1.7 billion (£1.2bn), which amount roughly to 4.8 billion Freddo bars.

Lucky her.

Featured Image Credit: PA

Topics: Entertainment, Music, Joe Lycett, Funny, UK Entertainment, Rihanna, comedian, Politics