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Public confidence in Bank of England’s inflation stance at record low

Satisfaction falls ahead of likely rise in interest rates next week

UK public satisfaction with how the Bank of England handles inflation has fallen to the lowest level on record, according to official data on Thursday.

In August, one-third of people in the UK were dissatisfied with how the central bank was controlling inflation, its own survey found.

This is the worst result since records began in 1999 and pushed net satisfaction to minus 7 per cent, also a record and the only other negative reading since May’s minus 3.

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