Britain's Inflation Outlier: Causes & Future Outlook
Update: 2025-11-19
Description
Britains Inflation Dilemma: A Unique Challenge - Britains inflation rate stands at 3.6%, significantly higher than the eurozones 2.1%. Economists pin this on government policies, such as increased National Insurance contributions and minimum wage hikes, which raise business costs and are passed on to consumers. Wage increases also contribute to higher prices. Despite a recent drop in inflation, the Bank of England may still cut interest rates in December, but the Chancellors upcoming Budget could impact this decision.
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