Inflation: ‘We’re all going to be poorer, this is about how you share the pain’ | Jonathan Portes

GBNews published this video item, entitled “Inflation: ‘We’re all going to be poorer, this is about how you share the pain’ | Jonathan Portes” – below is their description.

‘We are all going to be poorer, a lot of this is about how you share the pain.’

Jonathan Portes joins Nigel Farage to discuss Labour’s plans to tackle inflation and whether a windfall tax on oil and gas companies could help ease the cost of living crisis.

#FarageOnGBNews

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Nigel Farage

Nigel Paul Farage is a British politician and broadcaster. He has been leader of the Brexit Party since 2019, and served as Member of the European Parliament for South East England from 1999 until the United Kingdom’s exit from the EU in 2020. Since 2021, he has presented shows on new television channel, GB News.

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