BoE minutes show inflation concerns worry MPC

Bank of England Monetary Policy Committee members said in minutes released Wednesday 20 September that inflation is likely to speed-up and growth will stay around the long-term average.

``Inflation was still likely to rise somewhat over the remainder of the year'' and economic indicators for the third quarter suggested growth would stay ``at, or slightly above, trend,'' said the minutes of the Sept. 6-7 rate-setting meeting, when policy makers voted 8-0 to keep the benchmark rate unchanged at