Jul.18 -- U.K. inflation unexpectedly slipped to 2.6 percent in June, easing Bank of England policy makers' concerns about price growth. Bloomberg Intelligence's Dan Hanson reports on "Bloomberg.. Source: Bloomberg Global Business -
The fall in the value of the pound since last year’s Brexit vote has contributed to a jump in UK inflation, reaching its highest annual rate for four years. It rose to 2.9 percent last month, up from.. Source: Euronews English -
History is replete with examples of financial bubbles, from Dutch ‘Tulipmania’ in the 1630s and the South Sea bubble of 1720, through to the Wall Street Crash of 1929 and the dot com boom and bust.. City A.M.
Monetary policy has been a successful shock absorber since the global financial crisis.
In Britain and across western economies, low rates and quantitative easing have helped underpin economic.. City A.M.
Warburtons the baker increased its pre-tax profits by 4.9 per cent to £34.6m in the year to October 2016, despite a 4.6 per cent decrease in sales.
New products, like its "giant crumpets", helped.. City A.M.
Election-induced uncertainty means the Bank of England is highly unlikely to make any changes whatsoever to monetary policy at tomorrow’s midday announcement, with City A.M.’s shadow monetary.. City A.M.
As UK inflation reaches 2.9 per cent, should the MPC HIKE or HOLD interest rates?
*HIKE – Andrew Sentance, senior economic advisor at PwC.*
This is the third major surge in inflation since the.. City A.M.