<p>The war in Ukraine will exacerbate the UK's cost of living crisis this year, with real disposable incomes set to drop by the most on record. In this podcast, ING economist James Smith discusses the outlook for growth and inflation, and what the unprecedented squeeze on living standards means for future fiscal and monetary policy. </p>

The war in Ukraine will exacerbate the UK's cost of living crisis this year, with real disposable incomes set to drop by the most on record. In this podcast, ING economist James Smith discusses the outlook for growth and inflation, and what the unprecedented squeeze on living standards means for future fiscal and monetary policy.

<p>The war in Ukraine will exacerbate the UK's cost of living crisis this year, with real disposable incomes set to drop by the most on record. In this podcast, ING economist James Smith discusses the outlook for growth and inflation, and what the unprecedented squeeze on living standards means for future fiscal and monetary policy.&nbsp;</p>

Britain's cost of living crisis

THINK aloud is a podcast by ING Global Research hosted by Senior Editor Rebecca Byrne. Subscribe to hear expert analysis on the global economy, monetary policy, and financial markets, that you won't find anywhere else.

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Britain's cost of living crisis

Britain's cost of living crisis

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