The 80s is in fashion again. Top Gun is back in the cinema, and inflation is at its highest since 1982. There’s a conflict going on too, which threatens global food security like no time since the Second World War.
Early in 2021, UK inflation was running at less than 1%. Now it’s 9%, a 40-year high! Costs in America are 8.6% more than a year ago, and in the eurozone they’re up a record 8.1%. Shockingly, the cost of living is likely to increase even further in the months ahead.