Downing Street Says » Inflation

» Tuesday, February 15, 2011

Inflation

Asked if the Prime Minister was concerned about the increase in inflation, the PMS said that there had been a discussion at Cabinet on the general economic situation where the Chief Secretary had set out the figures and explained the context as set out in the Bank of England’s letter. He added that the Prime Minister had made the point that there was a lot of difficult work to do in rebalancing the economy and dealing with the deficit, which would take some time.

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