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INFLATION is expected to have dipped below 1% in December when official figures are published today, triggering a letter of explanation from Bank of England governor Mark Carney to Chancellor George Osborne.
Consumer price inflation fell to one per cent in November and if it falls any further below the BoE's two per cent target -- something the Bank thinks is likely -- Governor Mark Carney will have to write a public letter of explanation to finance minister George Osborne.
19, 2013 /PRNewswire-USNewswire/ -- Today, Liberty Institute and Texas Values submitted a letter of explanation to Austin ISD administrators who discouraged members of the Anderson High School Choir from singing Christmas carols and other holiday songs at private homes in the community.
I have paid the fine and written a letter of explanation, however I haven't heard anything from the city council.
As the rate is still more than a percentage point away from the Government's 2 per cent target, it triggers a letter of explanation from Bank of England Governor Sir Mervyn King to Chancellor George Osborne.
She had not seen a vital letter of explanation from the doctor who sent him.
required to pen a letter of explanation to the Chancellor, Finance secretary
Apparently Labour's Chief Whip Rosie Winterton has had a "stern conversation" with him and he's been asked to write a letter of explanation to party leader Ed Miliband.