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BoE's Mann warns on risk of 'greedflation' as firms exploit price rises to hold margins

By Frank Prenesti

Date: Tuesday 07 Mar 2023

(Sharecast News) - Bank of England policymaker Catherine Mann on Tuesday said she was concerned UK companies could be using the cost of living crisis to hide price increases, known as "greedflation".




Mann, who sits on the central bank's rate-setting monetary policy committee, warned that...

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