U.K. inflation rate rose to 4.2% in Feb.
World BusinessMar 20, 2011
U.K. inflation probably accelerated at the fastest pace since October 2008 in February, which may sharpen the divide among Bank of England policy makers on whether to raise interest rates to tame price pressures.Consumer prices rose 4.2 percent from a year earlier compared with a 4 percent increase in January, according to the median forecast of 32 economists in a Bloomberg News survey. The Office