UK inflation: ‘Light at the end of the tunnel shines brighter’, but still some way to go
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
Forecasters had predicted CPI to slow to 9.9%
Which may dash hopes of a pivot in the second half of this year
Falling motor fuel prices took the largest bite out of the November inflation figures
Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
Drop marks the first decline since September 2021
Key events for UK wealth managers for the week starting 16 May
May rate rise looks more certain but MPC could hit pause over the summer
Seven stock pickers reveal how they are handling increasing prices in portfolios
‘The economic recovery could be a Trojan horse, smuggling inflation into the UK, right under the nose of central bankers’
The key events for UK wealth managers for the week starting 15 July
Commentators fear an inflation shock if the UK crashes out the EU with no deal