• Reading Level 4-5
Politics | Economics

Recession ‘inevitable’ after inflation shock

Coin-cidence? Inflation stayed at 8.7% in April and May, down from a peak of 11.1% last year.

Will the cost of living crisis ever end? Crisis strikes again in the UK economy as a drastic hike in interest rates underlines the spectre of persistent inflation. Some say there is no end in sight.