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Fuel shortages close some petrol stations, as inflation rise is predicted

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The massive hike in gas prices has already seen energy firms going to the wall.

Now the Bank of England has predicted that rising domestic energy bills will push inflation above 4 per cent.

The Bank has also downgraded growth forecasts with labour shortages and raw material supply issues partly to blame.

BP are now closing some of their petrol stations as the lack of lorry drivers is hitting fuel deliveries.

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Category
Journals
Tags
inflation, economy, Bank of England
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