Andrew Bailey

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Bank of England holds rates as inflation hits six-month high

Bank of England holds rates as inflation hits six-month high

The energy shock could send UK inflation even higher Inflation has picked up again, putting the Bank of England in a difficult position as energy prices continue to rise. The latest figures show the Consumer Prices Index reached 3.1% in August, up from 2.9% in July. Petrol, diesel and air fares were among the biggest […]

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