UK inflation surprise pressures Bank of England to raise rates again

LONDONĀ  – British inflation unexpectedly rose to 10.4 percent in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data which is likely to prompt the Bank of England to raise interest rates on Thursday. Economists polled by Reuters had forecast that the annual consumer price inflation rate … Continue reading UK inflation surprise pressures Bank of England to raise rates again