The Caithness Business Index has posted the following article:

Higher Than Expected Inflation Spike Poses More Of A Challenge To Household Incomes Than To The Bank Of England

[IMG][/IMG] Inflation is on course to rise above four per cent in the coming months - reducing real average household incomes by £700. And while monetary policy makers at the Bank of England should ‘look through' this temporary inflation spike, fiscal policy makers should act to protect family incomes and strengthen the recovery, according to new Resolution Foundation research published on 20th June. [Read Full Article]