In this industry, we are spoon-fed statistics every day of the week – latest numbers on factory orders, investor confidence, retail sales, global growth, inflation, unemployment, PMI – the list goes on.
UK inflation has risen to 2.7%, its highest level since 2013, according to the Office for National Statistics.
Financial markets were buoyed by Emmanuel Macron’s victory in the French presidential election, as the euro soared against the greenback.
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Wealth managers looking to make the case for investing to clients may have received help from Lloyds Bank calculations showing the fiver has plunged in value over the long-term.
Although Sainsbury’s acquisition of Argos parent company, Home Retail Group, helped curb the negative effects of weaker sterling and inflation, the group is bracing itself for a slowdown and a hit to retail sales.
The UK economy grew at a lower-than-expected 0.3% year-on-year in the first quarter as inflation dented the services sector.
Snap elections, rogue communist states and curious beards… today shares many similarities with the 1970s, but is inflation set to be the ultimate parallel with politics of the past?
The March eurozone inflation figure decelerated to its lowest rate in three months as the euro lost further ground against the pound on Wednesday (19 April).
The UK retail sector’s widening gap between food and non-food sales hints at future hardships as inflation weighs on consumers’ disposable income.
As March’s UK inflation figures were released predictions fired around whether it had peaked, interest rate expectations and all manner of rationale.
The UK consumer prices index (CPI) inflation rate was 2.3% in March, unchanged from its February figure.
