Main content
Sorry, this episode is not currently available

Bank of England governor ‘very sorry’ for impact of rising inflation

The Bank of England predicts inflation will reach 5% next year - the highest in a decade.

Inflation is currently ahead of the Bank of England's 2% target at 3.1%. There are expectations it could rise to 5% by next April. Today’s Justin Webb speaks to Bank of England governor Andrew Bailey about rising inflation and the effect this will have on household living costs.

(Image Credit: Reuters)

19 minutes

More episodes

See all episodes from Best of Today

Podcast

  • Best of Today

    Listen to selected highlights from the Today programme.