BBCNEWS World July 5, 2024
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 ...