CRUNCH TIME
How bad will the cost of living crisis get? Energy prices are forecast to rise by hundreds of percent this autumn. Inflation has officially hit double digits, and real-world prices are outpacing it. Add strikes into the mix, and we could be looking at a second winter of discontent. In the first one, at least we had ‘Hit Me With Your Rhythm Stick’, ‘Heart Of Glass’ and ‘One Nation Under A Groove’ to keep us going. Whether this winter will produce as many enduring hits as that of 1978-9 is hard to know. But how else might the crisis affect music and musicians? The top end of the market will, I predict, be the least affected. Those who have the most to spend on luxuries are usually the best insulated from financial…