"David Cameron has warned that rising inflation poses a threat to Britain amid warnings from economists that the Bank of England has failed to tackle the worrying trend. The prime minister insisted he did not want the country to go back to the days when inflation was a persistent problem. The recent figures – caused partly by a surge in food and commodity prices – were “concerning”, he told the BBC, because they were “well outside what the Bank of England is meant to deliver”." Read more. "Cameron Sees Threat From Rising Inflation"
Jim Pickard, Norma Cohen, and Martin Sandbu
Financial Times, January 9, 2011. Image by dan / FreeDigitalPhotos.net.