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prices are rising faster than they have done for a0 years in the uk. the bank of england says the recent increases in energy hills, which are set to be three times more than they were a year ago, will drive inflation the rate at which prices rise even higher, to 13%. uk inflation hit that a0 year high injune, reaching 9.a%. july s figures are released in a few hours and there is a real chance that headline uk inflation could hit double figures. joining me now is liz martins, uk economist, hsbc welcome and it is good to have you on the programme. what do you on the programme. what do you think? do you think we will hit double digits today and if so how significant is that? that is our forecast that we get to exactly 10% year on year injuly and some of our fellow economists don t think it is quite that bad they say nine point 8% perhaps but 9.8, ten, these are incredible figures that even a few months ago we would have found hard to believe. yesterday we had the labou ....
Tough. the war in ukraine push the rice tough. the war in ukraine push the price of tough. the war in ukraine push the price of wheat tough. the war in ukraine push the price of wheat to tough. the war in ukraine push the price of wheat to record - the price of wheat to record levels and bakeries like emanuel s to the brink. i levels and bakeries like emanuel s to the brink. i feel for nigerians. emanuel s to the brink. i feel for nigerians. some - emanuel s to the brink. i feel for nigerians. some are - emanuel s to the brink. i feel| for nigerians. some are using 100% for nigerians. some are using 100% of for nigerians. some are using 100% of their income today on food 100% of their income today on food how 100% of their income today on food. how do they fend for their food. how do they fend for their families? forced out of work by the pandemic, christina floris got together with her neighbours to set up this communal pot. lockdown is over but things are getting harder ....