- Analytics
- News and Tools
- Market News
- UK PM Johnson: In the months ahead, will use fiscal firepower on cost of living
UK PM Johnson: In the months ahead, will use fiscal firepower on cost of living
UK PM Boris Johnson on Friday said that in the months ahead, the UK is going to have to use its fiscal firepower to mitigate the cost-of-living squeeze, reported Reuters. "In the months ahead we are going to have to do what we did before, we're going to use our fiscal firepower that we built up, that we have, to help," said Johnson during a speech in Wales. "We're going to put our arms around the British people again as we did during COVID," he added.
Data this week showed the headline rate of Consumer Price Inflation (CPI) hit a new multi-decade high at 9.0% YoY. The Bank of England expects the annual headline CPI rate to hit 10% by the end of the year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
