The Uncertainty Of Inflation

The Uncertainty Of Inflation

Expectation from the Bank of England is that inflation will turn negative, but interest rates may rise, stated the first inflation report of the year. However, the anticipated dip is unlikely to lead to a deflationary spiral. The Bank left 2015 growth forecast unchanged at 2.9% but raised 2016 forecast to 2.9% from 2.6% (three months ago). [...]
November 2011 Noteworthy News

November 2011 Noteworthy News

The average private sector pay award given to employees of 2.6% is half the most recent inflation figure, Income Data Services has shown, whilst a snapshot of FTSE 100 Directors showed a 42% rise as average rising to 49% when adding in other Directors. Any spending bonuses on homes abroad should be aware of  a [...]