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as you can see here, the rate of inflation in the uk has remained stubbornly high over the last few months — adding pressure on the bank of england to raise interest rates again when it meets tomorrow. they're likely to be concerned that core inflation — which excludes volatile food and energy prices — actually rose — hitting 7.1%. that's the highest rate since march 1992. bear in mind, the bank of england's target for inflation is 2% and its been falling in other countries. here's the uk finance ministerjeremy hunt. we don't have the clip at the moment. yael selfin is chief ...

For a bigger rate hike than had been on the cam-— for a bigger rate hike than had been on the carde— on the cards. the thing is, we need to bear in mind _ on the cards. the thing is, we need to bear in mind that _ on the cards. the thing is, we need to bear in mind that it _ on the cards. the thing is, we need to bear in mind that it takes - to bear in mind that it takes between 18 months and two years, essentially, for interest rates to actually have the full impact on the economy, and the bank started raising rates about 18 months ago but it has been a gradual thing. there's still more o...