UK: beat inflation – 18/09/2022 at 07:05

Measures taken to fight inflation.  (© Fotolia)

Measures taken to fight inflation. (© Fotolia)

New measures to tackle rising energy prices will cost DKK 150 billion.

A new head of government and a new sovereign two days apart.

Back to school in September was eventful in the United Kingdom, between the appointment of Liz Truss as Prime Minister and Prince Charles taking the throne after the Queen’s death.

The second event nevertheless eclipsed the first, at least in the eyes of the public, despite the severe economic crisis that the country is going through. During the ten days of mourning observed for the death of Elizabeth II, all problems were put on the back burner.

Strikes and industrial action planned for weeks have been suspended. Correspondingly, the Bank of England postponed its monetary policy meeting until 22 September.

This period of mourning will also have a cost to the economy given the non-working days, which particularly affect the tourism and leisure sector, with a loss of earnings that could amount to up to £6 billion, according to the press across the country. Channel.

If the British seem to have forgotten their problems during these few days, they will soon return to reality, marked by the decline in their purchasing power.

Because the situation is serious in terms of inflation: a double-digit annual rate reached during the summer and energy prices have almost doubled since last May.

Limit the bill


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