The cost of living's about to rocket and this is why

The Evening Standard's associate editor Jonathan Prynn joins the show to explain why the cost of living in the UK's apparently about to rise by a huge amount. Energy companies are warning of big price increases next year as the wholesale cost of gas goes up along with demand for supplies with the world waking up from the Covid pandemic. Tax increases are also expected, and the Bank of England's warning the "magnitude and duration" of the UK's inflation spike is proving "greater than expected".

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