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Inflation set to soar = bad news for all, say PRimage! « PRImage

Inflation set to soar = bad news for all, say PRimage!

In recent days PRimage has read consistent reports predicting that UK inflation levels are set to soar: last week there was news that a record surge in the cost of goods leaving factories reinforced expectations headline inflation will leap over the summer; and now the Bank of England predicts 5% plus inflation.┬áIt has conceded inflation is likely to remain well above target during the near future in its quarterly inflation report. Let’s hope that business and households don’t once again have to cope with the repurcussions of soaraway inflation!

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