High Inflation Could Last Years, Admits Former Central Bank Chief Economist
The high level of inflation may last for years in Britain, a former top economist from the Bank of England has warned.
The high level of inflation may last for years in Britain, a former top economist from the Bank of England has warned.
Nearly nine in ten Britons have reported an increase to their cost of living, with about a quarter of adults struggling to make ends meet.
Prime Minister Boris Johnson has lashed out against “prejudice” against his leftist green agenda among members of his own Conservative Party, and shot down proposals to lift of taxes on energy bills.
The UK is reportedly considering a reversal of its Build Back Better agenda by scrapping energy bill taxes used to subsidise green projects.
Inflation in the United Kingdom has risen to the highest level in 30 years last month, spurred on by the spiralling costs of fuel, which saw the sharpest spike in prices since records began. According to the Office for National
ROME (AP) – The United Nations says prices for world food commodities like grains and vegetable oils reached their highest levels ever last month due to fallout from the war in Ukraine.
Boris Johnson has railed against Putin following his rally celebrating 8 years of Russian occupation of Crimea.
Former Prime Minister David Cameron has re-entered Britain’s political arena by calling for PM Boris Johnson to lower taxes to help tackle the energy crisis.