Times Will Be Harder for Some Than for Others ; the Voice of North East Business in Association with Rbs

The JournalJune 25, 2008

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Summary


IF anyone needed proof of just how seriously the Bank of England is taking the prospect of spiralling inflation just now, they should have been at the North East Chamber of Commerce Durham and Tees Valley dinner last week.

Deputy governor Sir John Gieve, still reeling from the shambolic handling of his own resignation announcement the previous day, delivered his message in the bluntest terms.

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Times Will Be Harder for Some Than for Others ; the Voice of North East Business in Association with Rbs

"The next year is not going to be comfortable for anyone," he warned towards the end of ...

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