Higher petrol and clothes prices fuel inflation amid improving forecasts for the UK economy By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 April 2021 | Updated: 21:51 BST, 21 April 2021 Higher fuel and clothes prices have lifted inflation to 0.7 per cent in March from 0.4 per cent the previous month. … Read more
Inflation rises from 0.4% to 0.7% in March after surge in fuel and clothing prices The CPI rate of inflation went up from 0.4 per cent to 0.7 per cent in March The ONS said that the increase was caused by rising fuel and clothing prices The rate is still well below the Bank of … Read more
The end of national lockdown is now so close that many of us can already imagine that first taste of freedom. The first sip of a cold pint enjoyed with an old friend, the mouthwatering first bite of a long-missed dish served at a local restaurant. But William Meadon, portfolio manager at investment trust JPMorgan … Read more
Britain’s largest teaching union has demanded GCSEs are abolished amid fears of a ‘Wild West’ of rampant grade inflation this summer. The National Education Union said there is a growing movement to challenge the status quo among Tory MPs and other powerful groups. It asked whether there was any function for the tests when pupils … Read more
CPI inflation rate drops to 0.4% in February with clothes and cars getting cheaper after renewed lockdown – easing fears over rising prices Headline CPI rate of inflation fell from 0.7 per cent to 0.4 per cent in February Suprised economists who had been expecting a slight uptick in the annual rate Clothes and second … Read more
Joe Parkin is head of UK banks and digital channels at BlackRock IM Joe Parkin, head of UK banks and digital channels, at BlackRock Investment Management explains why he thinks that savers risk paying a high price for inertia and how they can invest to combat the threat of more inflation in years to come. … Read more
HAMISH MCRAE: Inflation never goes away – it just sits there, lurking and growling in the background until it has a chance to burst out again By Hamish Mcrae, Financial Mail On Sunday Published: 21:50 GMT, 13 March 2021 | Updated: 21:50 GMT, 13 March 2021 Inflation never goes away. It just sits there, lurking … Read more
HAMISH MCRAE: What the Chancellor really needs to get the nation’s finances back under control are not tweaks to taxes but a little inflation By Hamish Mcrae, Financial Mail On Sunday Published: 21:51 GMT, 27 February 2021 | Updated: 21:51 GMT, 27 February 2021 What will we learn on Wednesday? The Budget last year was … Read more
Bank of England Chief Economist Andy Haldane warns ‘sleeping tiger’ of inflation is prowling and may prove ‘difficult to tame’ as UK economy begins to recover from Covid Bank of England’s Chief Economist Andy Haldane warned of inflationary ‘tiger’ Raised issue of central bank complacency during COVID-19 pandemic recovery Comments saw government bond prices to fall … Read more
London’s FTSE 100 index finally succumbed to this week’s jitters on global equity markets, with a fall of 1.8 per cent for the blue-chip index today. Asian and US markets had already suffered some nervers from the spike in bond yields earlier in the week. The yield on 10-year US Treasury bills powered through 1.5 … Read more