Fresh Economic Warnings Bring More Gloom to Households

The HeraldNovember 17, 2010

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Summary


SCOTTISH households were handed more dire news yesterday as fresh warnings were issued about the state of the economy.

Bank of England governor Mervyn King told people to expect above- target inflation to continue for "a year or so" after another sharp rise in the cost of living last month.

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Fresh Economic Warnings Bring More Gloom to Households

His gloomy prediction came as the worst high street retail figures for 18 months painted a picture of a nation nervous abo...

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