Have we been living on the cheap?
On Wednesday inflation in the UK hit 9% - the highest since the early 1980s.
A few weeks before in Brussels, Diederik Samsom, the Head of Cabinet in the European Commission, said the age of cheap living in Europe was over and that the cost of living crunch is not a temporary setback - but our new future. Is he right? And if so, what does that future look like?
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Guest: Bruno Waterfield, Brussels Correspondent, The Times.
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