Inflation is a global crisis
The UK is sliding into a social and economic crisis, the likes of which its people have not seen for decades. Household fuel bills are on course to top £2,400 by this autumn, while the price of a grocery shop is rocketing. Meanwhile, the economy is flatlining and the average employee’s pay keeps falling behind inflation, which hit 7 percent in March, the highest rate since 1992. No wonder that the charities and analysts that work on poverty and inequality are issuing such dire warnings. On one projection, one in three Britons — 23.5 million people — will be unable to afford the ...