Britain’s financial system is going through a poisonous mixture of inflation and recession, amid the worst emergency for residing requirements in a era.
Regardless of the cap on vitality payments put in place by the federal government final month, households got here beneath renewed stress as inflation rose to the best price since October 1981. Even with the restrict for common payments at £2,500 for a typical family, headline inflation topped 11% for the primary time, reflecting the surge in vitality payments from a 12 months in the past and the…
