How can the UK tackle double-digit inflation?
by Phillip Inman from Economics | The Guardian on (#6B0RV)
The Bank of England has so far failed to return the annual rate to its 2% target - so what are the options?
Inflation has remained stubbornly high in the UK, with the latest data released this week showing it dropped only slightly in March, staying above 10% for the eighth time in the past nine months.
The government has so far mostly relied on the Bank of England to try to return the annual rate of price rises to its 2% target, something it has clearly failed to do.
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