How to solve a problem like inflation
There’s only one story in town this week when it comes to British politics and that’s the soaring cost of…well, just about everything.
Consumer price inflation jumped to 9% in the 12 months to April, up from 7% in March and the highest level it has reached since 1982.
After spending two years stepping in to save whole sectors of the economy, support millions of people’s wages and borrow hundreds of billions of pounds into the bargain, there's now a sense of helplessness on the Government's part as it faces severe global pressures on areas like energy and food prices. Indeed, on Wednesday…
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