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WilliamKeegan
Hurrahs for inflation reaching 2% as the economy grew gave way to panic over rising prices – and it’s all, of course, made much worse by Brexit
Trade secretary Liz Truss signs a free-trade deal with Singapore, an arrangement we’d never have needed while in the EU.
Trade secretary Liz Truss signs a free-trade deal with Singapore, an arrangement we’d never have needed while in the EU.
Sun 27 Jun 2021 02.00 EDT
It is difficult not to laugh: as the economy has been recovering, in certain sectors, from the biggest contraction in output for several centuries, the Bank of England has been desperate to “achieve” the official inflation target. Finally we learn that it has indeed been achieved – that the index of consumer prices has risen by 2.1% in the past 12 months, marginally over the target of 2% – and, hey presto, there is panic in the ranks. ....

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