UK Inflation Rises to Fresh 40-Year High in May

The video discusses the current inflation concerns in the UK, focusing on energy caps and services price inflation. It highlights the potential impact of regulatory changes on inflation rates, which could exceed 10%. The Bank of England's response to these pressures, including interest rate adjustments, is examined. The video also compares inflation pressures in the UK, US, and Europe, noting the UK's position between the two regions.

What is the market's expectation for the Bank of England's base rate by year-end?

How does the inflation pressure in the UK compare to that in the US and Europe?