Bank of England hints further interest rates are coming soon to bring down highest inflation in four decades May 20, 2022 As the British economy is hit by high levels of inflation, the Bank of England’s chief economist said today interest rates might need to rise further in the near future. Huw Pill said the 9 per cent inflation rate – the highest in 40 years – is a “very uncomfortable situation” for decision-makers at the [...]
Why higher interest rates are ‘the single best economic development’ for investors in the past 20 years January 1, 2024 Real interest rates remaining in positive territory as inflation continues to fall is good news for investors in bonds
Five charts the Bank of England will study ahead of Thursday’s interest rate decision November 1, 2023 Although inflation is slowly coming down, warning lights are flashing across much of the UK economy.
Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
UK inflation hits 9 per cent: 40-year high as country wrestles cost of living crisis May 18, 2022 UK inflation has hit 9 per cent, a 40-year high, as the country wrestles with a cost-of-living crisis. Top economists have pegged inflationary headwinds to hit double figures by the end of the year, as food, energy and other household services and goods spiral in cost. Food products and metals have seen the largest leaps [...]
The Analyst: Inflation is coming, and advertisers too September 6, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his third monthly column for City A.M. Inflation is coming for you. Companies such as P&G, Unilever, Kelloggs and Nestle have highlighted the rising cost of [...]
Bullish analysts think sterling’s rally will continue despite chance of interest rate cuts July 23, 2024 Sterling has been one of the strongest performing currencies this year on the back of sticky inflation and stronger than expected growth.
Complacent monetary policy has driven an inflation crisis, not businesses’ price hikes January 28, 2022 Inflation hit 5.4 per cent in December, its highest level since 1992. It is widely expected to reach seven per cent in the next few months – it has already reached that level in the US. There are several reasons why inflation has raised its ugly head again. Demand for gas and oil has outstripped [...]
Spring statement: OBR slashes economic growth forecasts on Russia-Ukraine war inflation spike March 23, 2022 The UK’s fiscal watchdog has slashed its forecasts for economic growth this year driven by the Russia-Ukraine war sending inflation spiking. The Office for Budget Responsibility (OBR) is expecting the UK economy to grow 3.8 per cent this year, down from six per cent in its previous forecast. Russian President Vladimir Putin’s decision to send [...]
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".