We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Besieged by global inflation

18 January 2011 By Ian Campbell

UK inflation at 3.7 percent is far worse than expected. The pressure on the Bank of England is huge. But raising interest rates now will threaten a new recession, a bigger fiscal deficit and stilllonger unemployment queues. The BoE must be strong.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)