Sky News Breakfast: Inflation hits a 40-year high

Sky News published this video item, entitled “Sky News Breakfast: Inflation hits a 40-year high” – below is their description.

Sky News’ Kay Burley is live in Wigan – her home town – to speak to people about the reality of living on the frontline of the cost of living crisis.

– Inflation hits 9% – the highest since 1982;

– Foreign Secretary Liz Truss admits people in the UK are facing a ‘serious situation’;

– and small business owners say they can’t work harder or longer to make ends meet, and appeal for more help from the government.

Plus all the day’s headlines and breaking news stories – live from Wigan.

#SkyNews #Breakfast #Kay Burley #Costofliving #Inflation

Sky News YouTube Channel

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About This Source - Sky News

Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

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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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