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Evening Standard

World

Sami Quadri

Inflation could rise to 22% in the UK if gas prices fail to drop, Goldman Sachs warns

Goldman Sachs Inflation Gas Prices Liz Truss Alistair Darling

Tory leadership hopeful Liz Truss (pictured) has faced criticism over her economic plans
(Picture: PA Wire)

Inflation could surge to more than 20 per cent in Britain if gas prices fail to drop, Goldman Sachs has warned.

Inflation is at 10 per cent and tipped to increase months after the price cap rises from £1,971 to £3,549 on October 1.

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