Bank of England to warn living costs ‘will keep soaring for two years’

The Bank of England will this week warn of another two years of inflation misery as living costs soar. In a report on Wednesday, Governor Sir Mervyn King is expected to say forecasts three months ago were optimistic. He is likely to warn inflation will rise and remain above the 2 per cent ta…

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Bank of England to warn living costs ‘will keep soaring for two years’

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