Energy Price Shock Hits UK
https://www.telegraph.co.uk/business/2022/02/03/inflation-set-hit-7pc-bank-england-raises-interest-rates-05pc/
Mr Bailey raised concerns about wage pressure as the nation braces for two years of pain, with the Bank warning of the biggest squeeze on incomes since comparable records began in the 1990s.
Surging energy bills are set to push inflation to 7.25pc in April, its highest level since 1991, according to the institution.
https://www.telegraph.co.uk/business/2022/02/03/inflation-set-hit-7pc-bank-england-raises-interest-rates-05pc/
Mr Bailey raised concerns about wage pressure as the nation braces for two years of pain, with the Bank warning of the biggest squeeze on incomes since comparable records began in the 1990s.
Surging energy bills are set to push inflation to 7.25pc in April, its highest level since 1991, according to the institution.
From Liverpool to London, Tighter Wallets and
Colder Homes
https://www.nytimes.com/2022/02/04/business/uk-inflation-cost-of-living.html
https://www.nytimes.com/2022/02/04/business/uk-inflation-cost-of-living.html