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Andrew Sentance has a point about the need for rate rises to counter inflation

Andrew Sentance gave a clear assessment of the inflationary pressures facing the UK on Tuesday - including the prospect of oil at $150.

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Government urged to reveal 'true' national debt of £4.8 trillion
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Business Bullet: From the US Fed and oil to Punch and New Look
Business Bullet: From the US Fed and oil to Punch and New Look
Conflicts and Cooperation in Conservation: Adventures in Researching the Pygmy Hippopotamus on Tiwai Island, Sierra Leone
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The motives to join the eurozone have all but disappeared for good
Given recent experience, Wednesday night's Brussels accord on fixing the eurozone will fizzle out through inaction and disagreement just like the July 21 agreement did.
Rate on 30-year mortgage falls to lowest on record
WASHINGTON — The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971. Freddie Mac says the rate for the most popular mortgage has dipped to 4.15 percent from 4.32 percent a week ago. Its previous low of 4.17 percent was...
2012 Mini Cooper Coupe: Finally, Uncamouflaged Photos!
More info on the Mini coupe comes out. And this time, the pictures show the full car! Mini’s cars are known for their flingability, but the company is dragging its feet releasing info on its new Cooper Coupe. Last week, we got our first official photos of the car (albeit still partially covered...
Five policies that would lead to growth
David Cameron really must do everything to encourage businesses to grow, says David Green.
Does Revenge Serve an Evolutionary Purpose?
Spontaneous patriotic chants and flag-waving crowds were sparked by word that Osama bin Laden had been killed earlier this week. Despite the man's loathed reputation as the mastermind of the September 11 terrorist attacks, the jubilation over bin Laden's death raises the question: Why the...
US investigates insider trading prior to S&P credit rating downgrade
US authorities are said to be seeking information from hedge funds as they investigate possible insider trading just hours before America's credit rating was cut.
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