Across the country this year prices of everyday household goods and energy bills are rising the dramatic proportions. 

The rising costs are causing problems very close to home with people in Cumbria being forced to use foodbanks and other amenities to make ends meet. 

It is anticipated that this economical dilemma will only further exacerbate as winter approaches and people's energy bills will rise as they use more gas and electricity. 

Dale Campbell-Savours of the House of Lords, and former MP for the Workington constituency has shared his thoughts on the growing problem. 

Mr Campbell-Savours states that the war in Ukraine is the root cause for the financial problems being felt on a global level. 

He says conflict is driving oil price increases across the world causing huge inflation and undermining the international economy. 

READ MORE: Lord Campbell Savours criticises Cumbria's conservative MPs

He said: "We are paying the price of being engaged in a war in Europe which should have been avoided. 

"To choose to go to war on the back of a pandemic which itself threatened the world economy is little more than staggeringly irresponsible 

"The war is threatening economies throughout the world, it is undermining stable democracies, over which one day the historians will cast a critical eye. 

"Putin is a tyrant and dangerous but this is not the way to deal with the problem of Russia. 

"I am one of very few in Westminster who has been openly opposed to our earliest involvement in the conflict. I've opposed the war on ten separate occasions in the House of Lords. 

"I've supported war in the Falklands and with reservation in Iraq but this one is an historic error of judgement."

He said he would like to see an early settlement and the stabilisation of international energy prices. 

"The oil price is crucial to stability in Europe, we need to arrest worldwide inflation before it undermines democracy. We need a new strategy for dealing with Russia. 

"There is more than one way to deal with a tyrant. When the price is 80,000 slaughtered in Europe, the displacement of 10 million people, billions in damage to property, the disruption to education and employment, the unemployment of millions, the elderly who cannot escape and the destruction of the solid fabric of a nation. 

"The scale of Russian war crimes was predictable, at the moment we are pursuing a flawed strategy, we are losing territory." 

READ MORE: Dale Campbell-Savours and Baroness Sue Hayworth condemn closure of Newton Rigg College at Penrith

Lord Campbell-Savours between 1995 and 2001 visited Russia as an MP lecturing on democracy to Russians members of the DUMA on two separate occasions. 

"The problem in the west is that we fail to understand the scale of Russian paranoia of what they believe to be the extreme threat to their nation in particular from an expanded NATO. 

"I found it very difficult to break through their deeply held prejudice to all things western, they having lost 25 million people in the second world war, we in Britain lost half a million. 

"The argument with Ukraine has only deepened their paranoia. I know that I am in a minority with my views. But the historians are yet to make a judgement."