Inflation is still causing pain and Bank of England risks making situation worse
Anticipated increase in interest rates will turn the screw on mortgage holders and businesses
Inflation is falling in the UK and is likely to stay on a downward trajectory throughout next year. That’s the good news.
The bad news is that inflation will continue to be high relative to wages and pension incomes, eating into living standards.
Continue reading...from The Guardian https://ift.tt/HjDWFZ5
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