Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 23 February 2023 - Inflation to be down to 2% by Autumn
Description: The turnaround in the UK economy in the first two months of the New Year has been nothing short of miraculous. Both manufacturing and services output have returned to expansion, while the Government has found some spare cash with which it can do some good.
There is speculation that Rishi Sunak intervened personally to offer salary increases of 3.5% to millions of public sector workers. He remains adamant that any increase of above 5% would drive further inflation, but 3.5% is doable.
The Royal College of Nursing has called off its latest industrial action, which was due to take place next week and...