The Bank of England’s Monetary Policy Committee (MPC) has decided today to keep interest rates on hold today at 5.25%. The decision was in line with market expectations. Its decision to keep interest rates on hold is believed to be a way of curbing further increases in inflation.Interest rates were cut from 5.5% to [...]

More: Inflation rates kept on hold at 5.25%

Thats a lovely use of words 'kept on hold' - as if someone is controlling inflation. Well if you are talking about the CPI - true enough.

CPI, inflation excluding energy and food... I guess the biggest statistical lie this century... what a joke.