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UK Economists Warn: Hidden Charges Fuel Inflation Crisis

11/16/2025

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Summary

Story summary

A recent paper on the UK's service markets highlights hidden charges and complex contracts harming consumers and the economy.
Economists Andrew Sissons and John Springford say limited competition and weak regulation fuel persistent inflation.
They call for better-resourced regulators and measures such as online cancellations for subscriptions and limiting 'RPI-plus' contracts.
Labour's Rachel Reeves has urged regulatory changes to improve market dynamics and protect consumers.

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Story summary

A recent paper on the UK's service markets highlights hidden charges and complex contracts harming consumers and the economy.
Economists Andrew Sissons and John Springford say limited competition and weak regulation fuel persistent inflation.
They call for better-resourced regulators and measures such as online cancellations for subscriptions and limiting 'RPI-plus' contracts.
Labour's Rachel Reeves has urged regulatory changes to improve market dynamics and protect consumers.