Signs of returning UK inflation give Bank of England interest rate dilemma. Survey signals private sector firms charging higher prices and cutting jobs at fastest rate since 2009 bar pandemic

10 comments

1. Thanks Rachel. Good job.

2. This link has been shared 4 times.

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3. This is what Labour brings to the table.
   Cue the tax raises next.

4. Stagflation is a bitch. Welcome back to the 70s. Sigh. 

5. High interest rates are inflationary, duhhh

6. Got to keep that profit margin high for the shareholders, although, might be an issue when your greed destroys your customers spending power a deflates the value of the pound..

7. But Labour said they fixed the foundations already and record investment was in the country now

8. Maybe the incoming tax hike for companies in April might have something to do with it, hmm? 🤔

9. There was me thinking it’d be a combination of the international energy crisis, COVID, and the resulting inflation that’d cost me my house. Turns out, it’s far more likely that the government which promised to fix it all will end up culpable.

   Reeves need to be gone, and fast. I find it utterly bizarre that Truss got the boot, whilst her policies were about as bizarre, purely because she didn’t put them through the OBR prior to announcing them and rolling them out. The appropriate entities have all pointed out that Reeves’ budget is going to result in higher unemployment, higher inflation, lower economic growth, and worst of all, less tax than forecast which will result in her coming back for more. Why is she still there? How is she getting away with it?

10. Good news bad news good news bad news …the econony is like a bloody yoyo

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