On the UK’s cost of living crisis

Photo by Frantzou Fleurine on Unsplash

This started last year with the post pandemic wage recovery but what’s driving it today is the increasing imported energy prices, driven by the price of gas and to some extent the cost of food. There are two reasons why gas prices are critical, the first is that we burn it to make electricity and secondly, we use it to heat and cook in some of our homes and workplaces.