CNBC's UK Exchange newsletter: It's not the 1970s, but the oil shock is still biting hard

While the U.K. was expected to weather the storm of rising energy costs better than some of its European counterparts, the reality is proving otherwise. This discrepancy raises questions about the resilience of the U.K. economy and the effectiveness of its energy policies. The current crisis may not only affect immediate consumer behavior but could also have long-term ramifications for economic growth and stability.