www.theguardian.com
11 months agoBrexit to blame for rising inflation, says former Bank of England governor
Brexit is being held responsible for the rising inflation in the UK, according to former Bank of England Governor Mark Carney.
Carney warned that the UK's decision to leave the European Union would inevitably lead to rising prices and an overall decline in economic growth.
Goods imported from Europe are becoming more expensive due to the weaker pound, and this is driving up inflation. [ more ]