Oh, Crumpets: Inflation Slows, But Not As Much As Hoped

Oh, Crumpets: Inflation Slows, But Not As Much As Hoped

By Bloomberg

Headline inflation slowed to 6.8% in the year to July, which is an improvement, but not as much as had been hoped. Prices actually fell for some food staples, including milk and crumpets. We have reaction from Treasury minister Gareth Davies, and analysis from Bloomberg’s senior UK economist Dan Hanson and Opinion columnist Marcus Ashworth. Plus: the de-banking debate sparked by Nigel Farage has put focus on the issue facing many British Muslims, one in ten of whom don’t have a bank account. Our fintech reporter Aisha Gani has been speaking to some of them. Hosted by Stephen Carroll and Tom Mackenzie.

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