Even though fuel is going up in price. This is good for employment as the oil and gas companies are investing more cash in in extracting more oil from the oil field hence more investment in expensive kit more employment in the UK. Also the exchange rate will make us more competitive on export market and make imports more expensive so there will be more locally sourced goods. Also high fuel prices will stop the housing market from exploding as it will force people to work closer to home. It may be painful but our economy will come out healthier and stronger than before.
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