Bank of England divided over threat of rising inflation

As pandemic restrictions are lifted, Bank of England set to keep pumping money into economy despite fears of rising inflation The inflationary spike has put the Bank’s huge quantitative easing programme in the spotlight, with its monetary policy committee increasingly at odds over what to do next   Having hit 2.5 per cent in June, inflation … Read more

HAMISH MCRAE: The mood darkens on inflation

HAMISH MCRAE: Central bankers starting to acknowledge what to rest of us has seemed screamingly obvious – inflation is a real threat By Hamish Mcrae, Financial Mail On Sunday Published: 21:51 BST, 17 July 2021 | Updated: 21:51 BST, 17 July 2021 The central bankers are running scared, and they jolly well should be. The … Read more

BUSINESS LIVE: BoE urged to spell out plans to curb inflation

BUSINESS LIVE: Bank of England urged to spell out plans to curb inflation; Burberry’s sales return to pre-pandemic levels amid Kendall Jenner campaign; EU new car sales rise House of Lords committee says Bank needs to be clearer about QE and inflation  Sales at high-end fashion brand Burberry have returned to pre-pandemic levels  By Jane … Read more

My 80p bag of crisps shows how inflation creeps up, so fight the spike

SIMON LAMBERT: My 80p bag of crisps shows how inflation creeps up on us, so make sure your money is fighting the spike By Simon Lambert for Thisismoney.co.uk Published: 09:02 BST, 15 July 2021 | Updated: 09:02 BST, 15 July 2021 My mind long ago anchored the price of an ordinary-sized bag of crisps at … Read more

Bank of England’s chief economist warns of inflation risk

Bank of England’s chief economist warns inflation could be ‘nearer four per cent than three per cent’ by the end of the year and ‘everyone will lose’ if it continues to spike Andy Haldane said ‘everyone would lose’ if inflation level continues to increase Mr Haldane said inflation could be ‘nearer to 4% than 3%’ … Read more

Sudden spike in inflation set to cost average family as much as £700

Think-tank warns that sudden spike in inflation is set to cost the average family as much as £700 By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 22:06 BST, 19 June 2021 A sudden spike in inflation is set to cost the average family as much as £700, a … Read more

US Federal Reserve to hike interest rates to cool rising inflation

US Federal Reserve signals plans to hike interest rates to cool rising inflation By Matt Oliver For The Daily Mail Published: 21:50 BST, 16 June 2021 | Updated: 21:50 BST, 16 June 2021 The US Federal Reserve last night signalled plans to speed up interest rate hikes amid rising inflation. After a two-day meeting, the … Read more

Are fears over rising inflation hot air? How to protect your savings

After a rather stormy year for the stock market, a new threat has arrived to plague investors — inflation. Britain expects a spending boom as lockdown restrictions ease. Last week, Bank of England chief economist Andy Haldane predicted the economy will grow at its fastest since World War II. But experts warn that a surge … Read more

Inflation fears wipe £57bn off FTSE stocks 

Inflation fears send global stock markets tumbling with £57bn wiped off FTSE firms By Hugo Duncan for the Daily Mail Published: 22:01 BST, 11 May 2021 | Updated: 22:01 BST, 11 May 2021 Billions of pounds were wiped off the value of Britain’s leading companies yesterday as the spectre of inflation sent global stock markets … Read more