From his blog comments: And there is not a hint of inflation, at all From the BBC: Inflation fell sharply in December on the back of lower fuel and clothing prices. Consumer Prices Index (CPI) inflation in the UK fell to 4.2% in December, down from 4.8% in November, according to the Office for National

             There has been so much comment and debate about the Credit Crunch, bank collapse, large recession and inflation which happened in recent years, that attention has been diverted from the constitutional vandalism carried out by the EU and its collaborators in the last government.          ...

Government must therefore set a policy framework that forces the close collaboration of monetary, financial and fiscal policy to induce a sustained rise in credit from our very wounded and risk-averse financial system. The British government, along with other western governments, must replace its redundant inflation target with a target for the growth of the

Here are some posts made on Spectator.co.uk during the past week: Fraser Nelson says that David Cameron understands capitalism, and argues that inflation at 4.2 per cent is nothing to cheer. James Forsyth reports on Boris's appearance before the 1922 Select Committee, and reveals Michael Gove's yacht proposal in full. Peter Hoskin highlights the new politics of leaning on business, and d...

Maria Eagle MP, Labour’s Shadow Transport Secretary, responding to today’s publication of the Invitation to Tender for the West Coast Main Line rail franchise, said:

Inflation fell sharply in December on the back of lower fuel and clothing prices, backing Bank predictions of a large drop in 2012.

Owen Smith MP, Labour’s Shadow Exchequer Secretary to the Treasury, said in response to today’s inflation figures:

Are today’s inflation figures cause for celebration? The Consumer Price Index rose a mere 4.2 per cent in the year to December, down from 4.8 per cent in November. So, yes, a sharp drop — but only a statistical boffin could describe this as good news. Sure, a similar drop can be expected when the VAT rise drops out of the comparison figures next month. But the prices confronting Britis...

A formal, numerical target could become Ben Bernanke’s most durable legacy as Fed chairman, binding his successors to stable prices

In the Daily Mail, David Laws gives readers a tour d’horizon of the economy, ending with some optimisim: The first good news is that inflation should fall – and steeply. Last year, inflation rose because of higher energy and food prices, and the rise in VAT. Most of those increases are behind us – last