Economists agree that the Bank is likely to raise interest rates on Thursday, and that more hikes are on the horizon.
Nadhim Zahawi's appointment comes with conditions applied by the Advisory Committee on Business Appointments.
The UK has seen food prices rise at the fastest rate of any G7 country, including 23.5 per cent faster than in France and 26.9 per cent faster than in Germany.
“With the average two-year fixed mortgage rate surpassing 6 per cent this week, the fear is that the situation could deteriorate from here."
Thousands of mentally ill people are being forced to have inpatient treatment miles from home despite a Government pledge to end the practice
The launch of the inquiry comes amid an ongoing row over Boris Johnson’s much-criticised resignation honours list.
Norman Thomas, of Platform Films, said claims that the film was antisemitic were ‘a total smear’ and had no foundation ‘whatsoever’.
An internal US government memo said “banging” was detected by Canadian search aircraft in 30-minute intervals on Wednesday.
It comes as the Government attempts to draw a line under the honours row.
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