Jeremy Hunt should be 'applauded' for taking long view on inflation and interest rates, says former chancellor

The rate of inflation is back in single digits for the first time since last summer, but food inflation remains near 20% and core price inflation is at a 30-year high.

Friday 26 May 2023 09:35, UK

The Bank of England "overreacted" to COVID and brought interest rates down too low for too long, in the view of Lord Lamont.
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