Wednesday, May 31, 2023

Forbes.com: Sunak’s Latest Inflation Plan To Take Britain Back To The 1970s

By SIMON CONSTABLE 

Just when we thought Britain’s economic policy couldn’t get more bizarre, up pops an announcement from Rishi Sunak, the United Kingdom’s Prime Minister.

Earlier in May, news broke that Sunak would pressure supermarkets to offer basic food staples such as milk, bread and butter at the lowest possible prices, according to multiple reports.

The phrase used by Britain’s media is “price caps” and everyone in the UK should be concerned as it represents a return to failed 1970s economic policies. Read more here.

via Wikimedia Commons


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