UK: High hopes and low inflation.

Industrialists say how they would get to grips with a low inflation economy - a must if UK business is to prosper.

John Major's vision of zero inflation was, to no one's surprise, only a dream after all. And it may not be a bad thing: a little inflation helps to keep the nation's pocket money rolling in. The idea of a new era of low inflation is, however, still a very real possibility.