Today's Spring Statement: What is the Chancellor likely to do to cushion the blow of soaring everyday costs while doing whatever he can to keep the economy growing? ✍️ by JonPrynn
- had been expected to peak at around seven per cent in Spring and fall away quickly. But with the oil price at around $100 a barrel, gas wholesale prices at unprecedented levels and the cost of filling up at all-time highs, City economists fear it could even touch 10 per cent – and stay high for the rest of the year.
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