in the May episode of Citrus Bites, Richard Harris looks at why the UK economy is feeling under pressure again.
Over recent months, many expected inflation to continue moving closer to the Bank of England’s 2% target. Instead, the picture has become more complicated. Food prices remain painful for many households, oil prices have moved sharply higher, and UK government borrowing costs are under renewed scrutiny.
Richard explains how these issues are connected, and why they matter for households, businesses and investors.
Key points from the episode include:
- Why inflation has remained stubborn
- How higher oil prices can feed through to fuel and food costs
- What the Bank of England may be watching closely
- Why UK government debt matters
- What rising gilt yields mean in plain English
- Why markets and economies do not always move in the same direction
Watch the full episode now
In this May episode, Richard gives a clear overview of the key issues currently shaping the UK economic picture, including inflation, oil prices, government borrowing and gilt yields.
Watch the full episode above.
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