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Chancellor: On inflation, the OBR forecast.......>

UK
MNI (London)
UK: Chancellor: On inflation, the OBR forecast 1.4% this year, increasing to
1.8% next year and then, for the rest of the forecast period, remaining on or
around target. And I'm sure the whole House will join me in taking this
opportunity to thank Mark Carney, the Governor of the Bank of England for his 7
years of dedicated public service. We congratulate him on his new role as
Finance Adviser for COP26. And welcome his successor Andrew Bailey, who takes up
his post on Monday. Madam Deputy Speaker, Let me turn now to the fiscal
forecasts. The economic impacts of coronavirus COVID-19 remind us of the
importance
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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