UK inflation hits highest for 40 years as energy bills soar

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UK inflation hits highest for 40 years as energy bills soar

So numbers of this magnitude create acute social issues. When the price rises are so widespread and visible in the energy direct debits and prepayment

So numbers of this magnitude create acute social issues. When the price rises are so widespread and visible in the energy direct debits and prepayment meters of every single households, it also creates a macroeconomic problem, draining the economy of spending power, and slowing it down to a halt, or worse. So the government will face pressure to do more.

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