Your food bill is soaring, rent is through the roof and energy prices are out of control. It’s the cost of living crisis.<br /><br />The Bank of England pushed interest rates from 4.5% to 5% in June, with the aim of damping down inflation and bringing prices back in line.<br /><br />But is it working, how long will the crisis last, and when will our food bills get smaller?<br /><br />The Independent’s chief business commentator, James Moore, goes Behind the Headlines to tackle the cost of living crisis.
