King Inflation Stance Backed by CBI as UK Recovery Proves Elusive

The Bank of England is right to look through accelerating inflation to help the economy, the country’s biggest business lobby group said, backing Governor Mervyn King’s view that tighter policy now would be a mistake. As King prepares to publish the Bank of England’s latest economic outlook in i…

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King Inflation Stance Backed by CBI as UK Recovery Proves Elusive

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