3min chapter

New Economics Podcast cover image

Can we prevent living standards plummeting this winter?

New Economics Podcast

CHAPTER

Is the Cost of Living Crisis Going to Be Permanent?

Cost of living has been going up, partly driven by more expensive food. Energy prices have also soared as a result of the cap on how much they can be used. Sara says it's highly unlikely that the energy cap is going to be reversed. Ad i think we really need a system that starts from the point of view what people need to live on - wages from work and social security systems.

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