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Podcast: Beyond Currency
Episode: 11 October 2021 - Economy facing a tough winter
Description: "The Bank of England has been making every effort to maintain control over the withdrawal of support for the economy. Andrew Bailey, the Bankβs Governor, has been definite in his view that the increase in inflation that is being seen not only in the UK but across the entire developed world is temporary and will fade as supply chains return to normal.
However, each economy is different, facing its own individual issues as well as those common to each.
In the UK, the wholesale price of gas, which has quadrupled this year, will filter through to households and contribute to...