Danny Knight also departs
NI thresholds raised by £3,000
Central bank says invasion is a “watershed” moment
Wage growth outpaced by inflation
Confirms QE will end in March
The UK’s Consumer Price Index rose 20 basis points above expectations to 5.4% in the 12 months to December 2021, according to the Office for National Statistics, reaching its highest level since March 1992.
The US Federal Reserve’s decision to taper is a “non-event”, according to industry experts, who said the move came as no surprise to markets.