— Ian Campbell is a Reuters Breakingviews columnist. The opinions expressed are his own —
The Great Debate UK
— The author is a Reuters Breakingviews columnist. The opinions expressed are his own —
Critics might say the UK’s inflation target is just for fun. Consumer prices were 3.4 percent higher in March than in the previous year, well above the 2 percent target rate, but the Bank of England will do nothing at all.
By Ian Campbell
LONDON, April 13 (Reuters Breakingviews) – Gordon Brown says his Labour party will “secure the recovery” if it wins the UK election in May. The opposition Conservatives would kill the upturn, he says. Brown is right in one sense: the “recovery” can easily be broken. But only because it is so fragile in the first place.