Why is Britain getting inflation so wrong?

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The latest hot inflation data makes difficult reading for the Bank of England, which may have to raise interest rates further. And it’s a political hot potato for the PM, who has pledged to halve inflation by the end of the year. We get reaction from Exchequer Secretary to the Tr ...  Show more

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The UK economy is in a hole. Inflation is high, interest rates are rising, public debt is soaring and, according to the Bank of England, Britons face two years of recession. Stephen Sackur speaks to Gerard Lyons, an economist and sometime adviser to governing Conservative politic ...  Show more