The government has pledged support for the Bank of England (BoE) in its mission to curb inflation.
Speaking after the publication of the latest GDP figures, Chancellor Jeremy Hunt attributed the 0.2 percent growth to the “underlying resilience in the British economy.”
“Of course that’s positive but we still have a big issue with inflation. That’s the number one challenge we face. We have to do everything we can as a government, as a country, to support the Bank of England in their mission to squeeze inflation out of the system, and that is our primary focus,” Hunt told Sky News….