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The Independent UK

National

Henry Saker-Clark

Bank of England chief warns over ‘apocalyptic’ food price rises

Bank of England Andrew Bailey Inflation Monetary Policy

PA Wire

The Governor of the Bank of England has warned there is “very real income shock” coming from energy prices and “apocalyptic” food prices but stood by the Bank’s policy decisions.

Andrew Bailey said he felt “helpless” as he defended the bank of England’s monetary policy despite households being battered by soaring inflation.

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