Rationing has not been imposed in the UK since the 1950s (Julien Behal/PA)
(Picture: PA Wire)The UK has not seen inflation like it since the 1980s, and it has been the main economic and financial factor of the year. Tne cure for it could involve drastic tactics last used in the 1950s according to one City expert: Rationing.
Saxo Bank’s chief investment officer, Steen Jakobsen, says the drastic step could help the government fix the “underlying issues” behind rising prices. It comes as part of Saxo’s annual end-of-year exercise in making “outrageous predictions”, in a light-hearted effort to speculate on what might yet shock financial markets as the calendar flips over.
