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David Cameron voices fears over rising inflation ahead of jobs summit

Publié par Clifford Armion le 01/10/2011

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Patrick Wintour

"David Cameron yesterday admitted he was concerned by rising inflation in the UK as he prepares for a jobs summit in Downing Street today at which 19 businesses will pledge to create as many as 40,000 new private sector jobs this year, most of them in the retail sector.

"Cameron stressed it was for the Bank of England to decide interest rates, but his remarks will increase pressure on the Bank to lift interest rates above 0.5% soon.

"He said on BBC TV's Andrew Marr Show: "If you look at the recent [inflation] figures, they are concerning because they are well outside what the Bank of England is meant to deliver. Inflation is extremely harmful, it destroys people's savings, we don't want to go back to having an inflation problem as we had in the past.""

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David Cameron voices fears over rising inflation ahead of jobs summit, La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2011. Consulté le 07/12/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/david-cameron-voices-fears-over-rising-inflation-ahead-of-jobs-summit