BBCNEWS BBC News at Six October 7, 2021 17:10:00
That is a real prospect that is going to eat into people's living standards and send inflation up to about 5%, we think, by april. it doesn't come on it's own. if it was just an energy shop, the bank of england could perhaps park it and say it goes up, it's going to come down, that will be a cave. but because it comes against a backdrop of other supply problems, whether it's the global supply chain problems in freight or worker supply issues we've seen in haulage, that creates a tricky cocktail alongside superlow interest rates. it is really quite difficult. for a government that has promised ...