The world economy is struggling, hit by high inflation and slow growth. But England has been hit particularly hard — and now, the UK government has announced a controversial new set of tax policies. In this video, The Economist delves into why these past few weeks have been so rough on the British economy.
Why is the pound crashing?
Soaring: The price of goods such as milk and cheese is rising faster than at any point in the last 14 years.