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Is the UK ready for an energy shock?
Posted
March 31, 2026
Views
29,627
Likes
366
Comments
223
Engagement
1.99%
March 31, 2026
29,627
366
223
1.99%
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8:02Now PlayingPaul Johnson, former director of the Institute for Fiscal Studies, joins Shelagh Fogarty to explain why rising energy costs, fuel shortages and government decisions could shape the UK economy in the months ahead.
Britain faces one of the biggest blows from the Middle Eastern energy crisis, the International Monetary Fund has warned.
The IMF warned that the UK economy was “especially exposed” to higher oil and gas prices, and compared the impact to a “large sudden tax on income” for a family.
It said higher prices and weaker growth globally were now inevitable, warning: “The world faces yet another shock.”
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#shelaghfogarty #starmer #LBC #fuel #debate #uknews #ukpolitics
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