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Evening Standard
Evening Standard
Comment
Stephen King

In the race to catch up with inflation, the Bank of England lags behind

In greyhound races, the hare always wins. The greyhounds settle for the minor places. Head to Romford and you might catch tonight’s last race, in which Our Boy Walker is scheduled to go head-to-head with, among others, Bubbly Maniac. May the best dog come second.

I won’t say which of our central banks is the equivalent of Our Boy Walker and which is closer in nature to Bubbly Maniac. I have not met these two doubtless fine beasts and I only know their names courtesy of the Coral Romford advance race cards. I do know, however, that central banks are also currently in a battle for second place. The hare, in their case, is inflation.

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