Marketplace Logo Donate

Daily business news and economic stories from Marketplace

U.K. inflation rising at fastest pace in 40 years

Heard on:
A customer pays for his fruit and vegetables with a ten pound sterling note, at a trader's market stall in London on May 12, 2022. - Britain's economy shrank in March on fallout from soaring inflation, increasing the prospect of the country falling into recession. Official first-quarter data on Thursday showed that following solid output in January, the UK economy posted zero growth the following month and contracted by 0.1 percent in March.

A customer pays for his fruit and vegetables with a ten pound sterling note, at a trader's market stall in London on May 12, 2022. - Britain's economy shrank in March on fallout from soaring inflation, increasing the prospect of the country falling into recession. Official first-quarter data on Thursday showed that following solid output in January, the UK economy posted zero growth the following month and contracted by 0.1 percent in March. JUSTIN TALLIS/AFP via Getty Images

get the podcast

What's Next

Latest Episodes From Our Shows

Listen
5:50 PM PDT
23:50
Listen
4:30 PM PDT
27:18
Listen
2:06 PM PDT
1:50
Listen
Jun 24, 2022
7:30
Listen
Jun 24, 2022
7:46
Listen
Jun 23, 2022
38:05
Listen
Jun 21, 2022
27:10
Exit mobile version