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Why has the inflation rate gone up again?

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Manage episode 434145369 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We've got some news today on the inflation rate, which rose to 2.2 per cent in July, slightly up from the Bank of England’s target of 2 per cent, where the rate sat in May and June. It’s the first rate uptick this year – and though widely expected, it will be used to explain why the Bank’s continued hawkish stance, despite starting its rate-cutting process earlier this month. Is this a sign of economic conditions improving? Could it lead the way to interest rate cuts later this year?
Also today, the Treasury its under scrutiny after a Labour donor received a top civil service job. Do we need more transparency when it comes to political appointments?
Oscar Edmondson speaks to Kate Andrews and James Heale.
Produced by Oscar Edmondson.
  continue reading

2514 episodes

Artwork
iconShare
 
Manage episode 434145369 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We've got some news today on the inflation rate, which rose to 2.2 per cent in July, slightly up from the Bank of England’s target of 2 per cent, where the rate sat in May and June. It’s the first rate uptick this year – and though widely expected, it will be used to explain why the Bank’s continued hawkish stance, despite starting its rate-cutting process earlier this month. Is this a sign of economic conditions improving? Could it lead the way to interest rate cuts later this year?
Also today, the Treasury its under scrutiny after a Labour donor received a top civil service job. Do we need more transparency when it comes to political appointments?
Oscar Edmondson speaks to Kate Andrews and James Heale.
Produced by Oscar Edmondson.
  continue reading

2514 episodes

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