Economics

UK Confronts 1970s-Style Problems With Strikes and Inflation

Recession risk and a cost-of-living crisis hitting confidence
Union leader supports first nationwide strike since 1926

Piles of rubbish line a street in London in February 1979.Photographer: Graham Morris/Hulton Archive/Getty Images

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By Reed Landberg

June 19, 2022 at 11:01 PM UTC

Updated on

June 20, 2022 at 6:59 AM UTC

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The UK this week will face up to surging inflation and labor strikes as well as a rising risk of recession in a series of setbacks that have echoes of the 1970s.