Bank of England Monetary Policy Committee meeting minutes show members vote 9-0 to keep rates unchanged in June June 17, 2015 The Bank of England's Monetary Policy Committee voted 9-0 to keep interest rates unchanged at its meeting ending June 3 minutes released today have shown. Read more: UK shrugs off deflation as prices rise 0.1 per cent in May All nine members voted to hold interest rates at 0.5 per cent, although two members said their [...]
UK shrugs off deflation as prices rise 0.1 per cent in May June 16, 2015 Inflation rose by 0.1 per cent in the year to May according the Office for National Statistics, up from -0.1 per cent a month earlier, and ending a brief spell of deflation. "The largest upward contribution to the change came from transport services, notably air fares with the timing of Easter in April a likely [...]
Britain likely to exit deflation next week June 12, 2015 Economists have said that official data due to be released next week will likely show Britain escaped from a brief period of technical deflation last month. They think that prices could have risen slightly in May due to higher fuel prices, alongside increases in the cost of air/sea transport, and holiday prices. Inflation turned fell by [...]
French inflation rises further as food and energy prices climb June 11, 2015 INFLATION in France has reached 0.3 per cent, signalling a wider recovery in prices across the Eurozone. French inflation reached a recent trough of minus 0.4 per cent in January, but has recovered in line with the rest the currency bloc to eventually escape deflation. Yet the inflation breakdown shows that the return to price [...]
Swedish krona jumps against the euro as it climbs out of deflationary spiral June 11, 2015 The Swedish krona jumped against the euro this morning after official data showed it had come out of deflation for the month of May. The krona rose more than one per cent to 0.108 against the euro, and 0.56 per cent to 0.1217 against the dollar. Prices in the country rose 0.1 per cent in [...]
Wimbledon set to serve up aces June 9, 2015 WASH your whites and let out your waistbands; Wimbledon 2015 is just over three weeks away. Fans are gearing up for the party of the year and to cheer dour Brit Andy Murray to victory. Wimbledon is the largest annual sporting catering operation in Europe. Whether you’re just coming for the finals or staying for [...]
Bank of England says inflation expectations picked up in May June 5, 2015 INFLATION expectations over the coming year rose to 2.2 per cent in May, from a 13-year low of 1.9 per cent in February, according to a closely-watched survey released yesterday by the Bank of England. Additionally, expectations over the next two years rose to 2.3 per cent from 2.1 percent, and were unchanged at 2.8 [...]
Morrisons is the only big four grocer “currently on right track”, says Nielsen June 5, 2015 Morrisons waits for good news for months and then three come along at once. The supermarket – which has, until now, been one of the more unloved – has already had one set of figures prove it's the only one of the big four in growth, which in turn prompted a share price rally, [...]
Bank of England says inflation expectations rose in May June 5, 2015 Inflation expectations over the coming year rose to 2.2 per cent in May, from a 13-year low of 1.9 per cent in February, according to a closely-watched survey released today by the Bank of England. Additionally, expectations over the next two years rose to 2.3 per cent from 2.1 percent, and were unchanged at 2.8 [...]
From Field Day to the Chelsea Fringe, the best of summertime in London June 4, 2015 The summer season is finally upon us! This means music festivals, rooftop drinking and lounging around in the park. Don’t wait for the weather to arrive, take advantage of all the adventures you can have outdoors this weekend Field Day Saturday and Sunday, Victoria Park, fielddayfestivals.com This may have been Field Day’s [...]