Quarterly GDP fall shows costs crisis is firmly entrenched, small...
The fall in the GDP in quarter two is sounding an alarm that the government should be doing more to ensure small...READ MORE
UK inflation could rise above five per cent next year, said the Bank of England’s new chief economist.
Speaking to The Financial Times, Huw Pill said: “I would not be shocked — let’s put it that way — if we see an inflation print close to or above five per cent [in the months ahead]. And that’s a very uncomfortable place for a central bank with an inflation target of two per cent to be.”