Altmann: BoE is ignoring the warning signs

  The BoE's Monetary Policy Committee has been under mounting pressure to increase borrowing costs to fight off rising inflation, but today opted against a base rate rise. Dr Ros Altmann, director general of Saga, says the MPC again failed to show it wants to control inflation. "It is disappointing the Bank of England has once again ignored the warning signs," she says. "With the UK economy showing every intention of shrugging off December's poor GDP figures, and with high and ever-increasing inflation strengthening its already firm grip on the UK economy, the MPC has missed...