UK minister: We want Bank of England to redouble focus on tackling inflation
Reuters
Published Sep 23, 2022 08:04
Updated Sep 23, 2022 08:16
LONDON (Reuters) - The British government wants the Bank of England to redouble its focus on tackling inflation, levelling up minister Simon Clarke told LBC Radio on Friday.
Asked if the central bank had been 'asleep at the wheel' last year on inflation, he said: "No, I don't believe they were.
"We have confidence in the MPC (Monetary Policy Committee) and we want them obviously to redouble their focus on curbing inflationary pressures and we welcome the action that they're taking to do so."
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Written By: Reuters
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