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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
3 mins to read

On the money: Inflation looms after pound’s crash

Post-Brexit panic has caused the British pound to collapse, providing a short-term boost for the UK's export sector but exposing the wider economy to rising inflation risks.

Sat, 22 Oct 2016

Post-Brexit panic has caused the British pound to collapse, providing a short-term boost for the UK’s export sector but exposing the wider economy to rising inflation risks.

As prices rise, incomes and expenditures will be crimped, increasing odds of recession.

Ironically, inflation’s

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On the money: Inflation looms after pound’s crash
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