Globalisation has come a long way fast, and many of the factors driving local inflation are now global in nature. But where will they go from here?
The 'strength' of London cannot be 'relocated' elsewhere
But 'unpredictablility of Brexit' remains a major downside risk
The global economic outlook has darkened in recent months, with a slow recovery in the eurozone holding back many other economies, the Organisation for Economic Co-operation and Development has said.
Investors have questioned the ‘safe haven' status of gold as the US dollar shows signs of ending its long-term decline.
Neil Woodford has told Investment Week a "fragile" UK economic recovery could yet mean base rates stay at a record low for the next three years.
Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.