Official figures due to be released this week are expected to reaffirm that prices in the UK are higher than in most other similar industrialised countries
Chancellor Jeremy Hunt has said the UK is following the same plan as the US, Germany and France and “making sure decisions on interest rates, tax and spend all work together to reduce inflation”.But even though other major countries have been hit with the same challenges as the UK – such as the pandemic and high wholesale prices on goods and energy – the impact has not been equal for a number of reasons.
Experts say the UK has greater exposure to the rise in wholesale gas prices. In comparison, France managed to stay shielded from some of the impacts on energy prices because it uses nuclear power to produce most of its electricity. Along with Germany, it also announced plans toThe Organisation for Economic Co-operation and Development says governments should implement a number of measures to combat high inflation.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Official club update on 4 injured Newcastle United players who missed Gateshead friendly4 injured Newcastle United players who missed Gateshead friendly - Official club update
Læs mere »
China’s war on financial realityAs China’s economic recovery falters, authorities are cracking down on divergent or negative views. For some analysts at Western banks, who are tasked with keeping global clients informed, the backlash is proving painful
Læs mere »
Watch here Newcastle United training in first week of pre-season ahead of Gateshead match - Official videoWatch here NUFC United training in first week of pre-season ahead of GatesheadFC match - Official video NUFC
Læs mere »
Declan Rice says 'north London is home' as Laura Woods and Ian Wright star in Arsenal clipDeclan Rice declared ‘north London is home now’ as the £105million man was finally announced as an Arsenal player. And while the Gunners’ official unveiling fell a bit flat, some famous faces…
Læs mere »
Apple reveals password trick that's ‘never guessable by hacker’AN OFFICIAL Apple memo reveals a clever password trick to log in much more safely. The iPhone maker has created a clever system that lets you ditch passwords altogether. It’s called Passkeys,…
Læs mere »
The mystery of gold pricesIn spite of soaring inflation, the price of gold has barely budged for two years. What is going on?
Læs mere »