The immediate consequence is that the Bank of England is likely to again raise interest rates to dampdown inflation and consumer spending: not sharply, perhaps, but steadily.
He said he ran towards the burning vehicle with a fire extinguisher but as he tried to dampdown the area, an Asian man had approached and told him to stop.
He has already had to dampdown a fire started when an unidentified aide told the Daily Telegraph that they understood Britain better than the White House because of a shared "Anglo-Saxon" heritage.