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Evening Standard
Evening Standard
Anna Wise

Bank of England boss insists it is ‘not complacent’ about tackling UK inflation

Bank of England Inflation Andrew Bailey United Kingdom Huw Pill CNBC
Bank of England boss Andrew Bailey has insisted the central bank is ‘not complacent’ about bringing down UK inflation (Kirsty Wigglesworth/PA) - (PA Wire)

Bank of England boss Andrew Bailey has insisted the central bank is “not complacent” about bringing down UK inflation following warnings from its chief economist.

Mr Bailey said he was “not happy” that the rate of Consumer Prices Index (CPI) inflation was above the Bank’s 2% target.

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