Britain | Made in Britain

Britain’s inflation pain is mostly self-inflicted and getting worse

Bringing down high prices is going to hurt, a lot

A member of the public walks through the city, passing a smashed window of a closed retail property in the City of London.
Image: Getty Images

Editor’s note: On June 22nd this story was updated to include news from the Bank of England, which put up the main interest rate by 50 basis points.

This article appeared in the Britain section of the print edition under the headline “Made in Britain”

From the June 24th 2023 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Britain

Crew members during the commissioning of HMS Prince of Wales

Has the Royal Navy become too timid?

A new paper examines how its culture has changed

A pedestrian walks across the town square in Stevenage

A plan to reorganise local government in England runs into opposition

Turkeys vote against Christmas


David Lammy, Britain’s foreign secretary

David Lammy’s plan to shake up Britain’s Foreign Office

Diplomats will be tasked with growing the economy and cutting migration


Britain’s government has spooked markets and riled businesses

Tax rises were inevitable. Such a shaky start was not

Labour’s credibility trap

Who can believe Rachel Reeves?