The Guardian view on Britain’s fragile systems: when global shocks hit your shopping bill | Editorial

The Guardian view on Britain’s fragile systems: when global shocks hit your shopping bill | Editorial

Energy disruption abroad drives prices at home, showing how few safeguards are built in – which is why a call for resilience must be heededWhen the Bank of England warned this week that food inflation could reach 7% by the end of the year, it revealed how little stands between a geopolitical jolt and a domestic crisis in Britain. A shock wave in the Gulf feeds through energy, fertiliser and supermarket prices into falling incomes, weak growth and job losses. What it exposes is not just inflation...

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