UK inflation to top 4%: BoE's King

Mervyn King, the governor of the Bank of England, has warned that UK annual inflation will rocket to more than 4% in the coming months.

"As things stand, inflation is likely to rise sharply in the second half of the year to above 4%," the governor said on Tuesday.

The prediction comes just over a month after the Monetary Policy Committee (MPC) said it expected inflation to peak at a little over 3.5%. However, the governor said that events since then had justified a sharp revision in the commi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: