Was £15.95 - Now £16.95
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The price of copper — nicknamed 'Dr Copper' because it is such a barometer — hit a record high this weekCredit: AFP - Getty
MILLIONS LOSING JOBS
Businesses find it difficult to invest in long-term projects because it is impossible to predict how their costs may rise.
That is why investors were alarmed this week when US inflation figures for April were sharply higher than expected.
Inflation is a fire that, once lit, is hard to put out.
The extinguisher is higher, often much higher, interest rates.
Those used in the UK and US in the early 1980s to tackle roaring inflation led to many businesses going bust and millions losing their jobs.