LONDON: Britain is facing a “very, very difficult economic situation”, British Foreign Secretary Liz Truss said on Wednesday, after inflation hit an annual rate of 9.0% in April, the highest since official estimates began in the late 1980s.
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“We are in a very, very difficult economic situation,” Truss told Sky News. “We’re facing some very, very serious global headwinds. And as you said, inflation is extremely high.”