UK inflation forecast to hit 18.6% early next year - The Times

Inflation is forecast to hit a 50-year high of just over 18 per cent in January, putting pressure on the Bank of England to increase interest rates to get the economy under control. The investment bank Citigroup warned that inflation was “entering the stratos…

Inflation is forecast to hit a 50-year high of just over 18 per cent in January, putting pressure on the Bank of England to increase interest rates to get the economy under control. The investment b… [+517 chars]

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