Bank of England: ‘Historic’ energy shock bigger than any year in the 1970s

Governor Andrew Bailey said Russia's invasion of Ukraine has posed a risk to financial stability and soaring energy costs are leading to increased levels of the cost of living in the UK

Priyanka Shrestha

03/29/2022 5:26 AM

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Bank of England: ‘Historic’ energy shock bigger than any year in the 1970s

Image: Shutterstock/ William Barton

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Priyanka Shrestha

News Editor Pri joined ELN from Middlesex University with a post graduate degree in Advertising, PR and Media and oversees daily news gathering as well as interviewing and filming out and about. In fact, she’s taken the ELN cameras to Denmark, France,…