The Bank of England can do almost nothing keep a lid on the scourge of inflation in the current economic climate and it will likely remain above 3% until well into 2009, the central bank's Governor Mervyn King warned yesterday in his annual report to parliament.
The Bank of England can do almost nothing keep a lid on the scourge of inflation in the current economic climate and it will likely remain above 3% until well into 2009, the central bank's Governor Mervyn King warned yesterday in his annual report to parliament.
