Inflation in the United Kingdom remains high, despite the Bank of England's 12th consecutive interest rate hike. The Finance Minister Warns that the UK economy is still not growing as fast as it should be, and that high inflation is responsible. Strikes continue to be a problem in the U.K., but the Finance Minister says pay increases will not solve the problem.

The post ‘Still a long way to go’: UK finance Minister Warns Inflation remains far too high appeared first on Balanced News Summary.