Government ‘united’ with BoE to get inflation down

  • 2 years ago
The Chief Secretary to the Treasury says that the government is “united with the Bank of England” to try and get the inflation rate down from 10.7% to the target of 2%. John Glen was speaking after the Bank announced it had raised interest rates to 3.5% from 3%, the highest for more than 14 years. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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