Daily Politics from the New Statesman cover image

Why Britain is broke, with Ed Conway

Daily Politics from the New Statesman

00:00

The Uneven Impact of Inflation on the Economy

Neither party looks like they want to do anything like helping out those who've got mortgages, help for mortgage borrowers. The Bank of England is inflicting a pain that it feels as necessary in order to reduce inflation. But if you're being really rational, I don't think it makes that much sense for the government to intervene. Cucumber prices are going up because we're moving into this period where the world is de-globalizing. And everything from cucumbers to semiconductors might go up too.

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