Archive for June 16th, 2008

Monday, June 16th, 2008

King warns on inflation and house prices

The governor of the Bank of England, Mervyn King, has stated that there are gloomy times ahead when it comes to inflation levels, and has added that house prices are expected to continue falling. Inflation has now risen to 3%, which is double the target set by the government, which stands at 2%. King said […]

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