Sterling fell in mid-morning trading on the announcement UK inflation unexpectedly fell to 2.6% over the 12 months to June 2017, down from 2.9% in May.
The figure, released by the Office for National Statistics (ONS) comes as a surprise as economists had forecast it would hold at the four-year high of 2.9% reached in May. As a result, sterling fell...
Performance fees scrapped in MiFID II simplification
Overcoming challenges in the industry
Latest news and analysis
David Cumming, Aviva Investors' chief investment officer for equities, remains positive about UK stocks despite a pummelling in 2018
Equities overweight down to 3%