UK CPI inflation remained at 2.7% in October, broadly in line with economists’ expectations, as RPI inflation fell from 3.2% to 3%.
The Office for National Statistics said CPI was subject to both "significant upward and downward pressures" between October and November. Food, non-alcoholic beverages, gas and electricity prices exhibited...
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning
Combined business will have £11.2bn AUM