P506 Teletext 506 Maz11 01:51:40       ———————  —————————————————  BANK SEES LID STAYING ON INFLATION The Bank of England sees inflation stazjng under its 2.5% target until later next year, as a strong pound offsets the effects of higher than expected pay rises. But the BoE's latest quarterly report warns domestic growth must slow if cost pressures are to bj kept down. Gross domestic product, which grew at 2.9% in the first quartet this year, is sjin as jasjng back to 2.5% - 2.75%. ——————————————————————————————————————— Financial headlines 500 City index 501 Need Legal Advice? See p680