Wednesday, July 20, 2022

UK INFLATION JUMPS AGAIN

UK inflation has risen to 9.4% - with fuel and food costs pushing prices higher at their fastest rate in four decades.

Unions say the latest data shows public sector workers need pay rises that keep up better with prices.

The Bank of England says a 0.5% hike in interest rates will be one of the options considered at its next meeting in August.

Chief Secretary to the Treasury Simon Clarke says the government is doing what it can.

IN: 'This is...
OUT: ...utmost.'
DUR: 30 seconds

http://www.fsnradionews.com/feeds/0720inflation-clarke1.mp3