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LILLEY: Under Mark Carney's watch, grocery prices skyrocket

AI Briefing

  • Mark Carney's tenure as Bank of England governor saw UK inflation rise from 0.8% in 2011 to 3.1% in 2018.
  • Rising food prices were a major contributor to the increase, with grocery costs up 28% during his time in charge.
  • The cost of living crisis is now at its highest point since 1982.
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