Sunak, Starmer, and the death of the political interview
The News Agents
00:00
The UK's Inflation Problem
Do we still think that there is a theory that British inflation is unusually sticky? I mean, we still have the highest energy seven. There are reasons for thinking the UK might be worse defected by some of this. The scale of the initial shock was big. We use lots of gas for other things. So the long term effects of those higher gas prices, even if they were a year ago, coming through into prices takes longer to happen. And where does this leave household finances and household budgets in the sense that this increase or set of increases in interest rates has been really rapid?"
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