CNBC's UK Exchange newsletter: It's not the 1970s, but the oil shock is still biting hard

Orientul Mijlociu

This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. For Britons of a certain age, an oil price shock brings back memories of the 1970s, with food and petrol shortages, the state-imposed three-day working week, power cuts, doing school homework by candlelight, and the resulting increases in both inflation and unemployment. The good news is that, according to an assessment by the independent Office for Budget Responsibility, the energy

Tag-uri: Petrol Inflatie

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