In the News
How inflation has hit your cheese sandwich options!
The Guardian focuses on the cost of living crisis via the medium of the cheese sandwich - comparing the rate of increase of various types of sandwich - from the bog standard, white bread and cheddar, to the fancy brie and cheddar. In short, the price of all sorts of cheese sandwich has increased, mostly by around 20% but some have increased more than others.
This BBC clip looks at those factors driving UK food price inflation, noting that, contrary to popular belief, there are a number of things that may actually mean that UK food prices aren't the result of price gouging. And yet there's no mention of Brexit.
Phillip Inman thinks that it's not a foregone conclusion that inflation will be back to being low single digits by the end of the year; his view is that energy bills and the state of the labour market are going to make it harder for the economy to get back on track.