Business

Long, Hot Summer for UK - and BoE

Heatwave Britain. Hard to believe maybe, but with temperatures nudging 30 degrees celsius, the UK's been hotter than Hawaii. Not only the weather's warming up. The economy too—latest numbers showing employment at a record high. And the jobless rate—a key marker for the Bank of England's rate-setters—falling on the previous month. Inflation surged to a five-month high in June. And London property prices have been rising a record amount.

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