Submitted by christian on Sun, 09/04/2022 - 15:24
- Annual inflation is running above 10% due to food and fuel prices leap.The Bank of England anticipates that inflation will jump to 13% as the energy crisis intensifies. Citigroup estimates inflation in the United Kingdom could peak at 18% in early 2023, while Goldman Sachs warns in could reach 22% if natural gas prices remain elevated at current levels.
- Frustration over the rising cost of living has compelled hundreds of thousands of workers who staff ports, trains and mailrooms to go on strike.
