Tuesday, March 28, 2006 

BBC NEWS | Business | Energy hikes 'threaten inflation' Bank of England governor Mervyn King has said continuing high UK energy prices will force up inflation, and could pose a threat to the economy. He said recent rises in UK prices would push short-term inflation, erode the buying power of household incomes and slow the growth of consumer spending.
posted by Johnny  @ 7:45 PM 6 comments


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