Investors expressed relief that inflationary pressures eased last month, allowing markets to maintain their current buoyancy. The news that inflation remained unchanged at 2.6% in July saw the pound fallRead More
Prices decline in June
A rise in interest rates looked less likely after inflation fell unexpectedly..
Cost of living going up
Inflation’s rise to 2.9% has reinforced the case for a temporary reduction in VAT ..
Markets remain buoyant
The FTSE 100 continued its record-breaking run with another closing high..
Cost of living steadies
Inflation remained unchanged at 2.3% in March, according to new data. Figures for March are often affected by Easter trading but as it falls in April this year it hasRead More
Low pound causing price rises
Inflation rose to 2.3% in February, higher than the 2.1% forecast and topping the 2% mark for the first time since November 2013.
Consumer spending to slow
Inflation is expected to rise to 3.1% by the end of this year, before easing back to 2% by the end of 2018, according to a forecast by the EY Item Club.
Retailers may pass on rising costs
UK inflation rose from 1.2% to 1.6% in December, a bigger rise than expected. Higher food prices and air fares pushed up the Consumer Prices Index (CPI), according to the Office forRead More
Cost of living rises 1 .2%
Rising import prices have driven inflation to 1.2% from 0.9% in October, compared to expectations of 1.1%…
Savers continue to struggle
Inflation fell slightly last month, though it is expected to pick up in the coming months, not least because of the rising cost of imports…