( ) -v-32- UNDATED (Correspondent Jeremy House) “std.” Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years. Correspondent Jeremy House reports. [CutID: <Cuts> UK-INFLATION-house-v-WEDam.mp3 Time: 32s Title: UK-INFLATION-house-v-WEDam Out-cue: std] ————————– VERBATIM: Britain’s Office for National Statistics says inflation fell to […]
Audio
UK inflation falls to Bank of England’s 2% target rate for first time in nearly 3 years
( ) -v-32- UNDATED (Correspondent Jeremy House) “std.”
Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years. Correspondent Jeremy House reports.
[CutID: <Cuts> UK-INFLATION-house-v-WEDam.mp3
Time: 32s
Title: UK-INFLATION-house-v-WEDam
Out-cue: std]
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VERBATIM: Britain’s Office for National Statistics says inflation fell to 2% in the year to May from 2.3% the month before with food prices providing the biggest downward contribution. The latest figure is being touted by the governing Conservative Party. which notes its economic plan is “working” ahead of the general election in just over two weeks. Meanwhile, the main opposition Labor Party say working people are “worse off,” with mortgage rates higher than they have been for years and taxes at a 70-year high.