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Bank deputy expects UK inflation ‘comfortably’ to exceed 5% by spring

The Bank of England’s monetary policy chief has said inflation is likely to soar “comfortably” above 5% next spring when the energy regulator Ofgem raises a price cap affecting millions of households.

Bank deputy expects UK inflation ‘comfortably’ to exceed 5% by spring
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  • Shared from The Guardian
  • December 07, 2021
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Record high levels of vacancies are also likely to persist for longer than previously expected as the jobs market adjusts to changes in the economy brought on by the pandemic, said Ben Broadbent, the central bank’s deputy governor with responsibility for monetary policy.

 Read more at The Guardian

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