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The cost of living crisis - a defining political theme of 2022

Political Fix

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Labour and the Cost of Living Crisis

There's not a lot prime ministers can do about these macro economic trends. But at the same time, labor is going to pushgm in that direction. I think there is a potential for the public to be even more unhappy when they see these price rises and tax rises,. which is the thing most people are more interested in than westminster bubble. If you look at the macro economic situation, we had consume price inflation at five point one % in november. Economists at goldman sacks expect prices by april to be six point eight % higher than they were a year earlier.

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