Goldman warns of 22% inflation in the UK

[PaoliLion]

Goldman economists said that if gas prices stay at current peaks, the UK will be forced to increase its energy cap by a further 80% in January, on top of an 80% increase already announced for October.

UK inflation could top 22% as energy prices soar, Goldman Sachs warns

U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs has warned.

www.cnbc.com

 

[Petch]

Goldman economists said that if gas prices stay at current peaks, the UK will be forced to increase its energy cap by a further 80% in January, on top of an 80% increase already announced for October.

UK inflation could top 22% as energy prices soar, Goldman Sachs warns

U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs has warned.

www.cnbc.com

Just further evidence of the painful results of the horrendous globalist climate change policies embraced by Europe and United States leftists currently in power.

 

[RoyalT12]

Goldman economists said that if gas prices stay at current peaks, the UK will be forced to increase its energy cap by a further 80% in January, on top of an 80% increase already announced for October.

UK inflation could top 22% as energy prices soar, Goldman Sachs warns

U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs has warned.

www.cnbc.com

Thanks Biden! 😉

 

[PaoliLion]

Just further evidence of the painful results of the horrendous globalist climate change policies embraced by Europe and United States leftists currently in power.

did you mean…the dependency on rogue regimes for oil/gas

 

[Petch]

did you mean…the dependency on rogue regimes for oil/gas

Like Venezuela? Yes...that is certainly one problem.

Sure does highlight the importance of being energy independent. I wish someone would tell Biden.

 

[PaoliLion]

Like Venezuela? Yes...that is certainly one problem.

Sure does highlight the importance of being energy independent. I wish someone would tell Biden.

We won’t achieve energy independence unless we de-privatize energy production and stop paying open market rates. Only “price takers” pay open market rates - considering how much oil we produce, we should definitely not be price takers.

 

[Petch]

We won’t achieve energy independence unless we de-privatize energy production and stop paying open market rates. Only “price takers” pay open market rates - considering how much oil we produce, we should definitely not be price takers.

Yes…Government monopolies are much more efficient!

 

[Catch50]

Goldman economists said that if gas prices stay at current peaks, the UK will be forced to increase its energy cap by a further 80% in January, on top of an 80% increase already announced for October.

UK inflation could top 22% as energy prices soar, Goldman Sachs warns

U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs has warned.

www.cnbc.com

Nit should move there since he like being miserable.