After a brief expedition into negative territory, we are now back into +ve inflation…. just, but at 0.1%, the first increase since October 2014. I’m not a statistician but you would have thought there has to be some statistical margin of error? Still it’s a long way off the BofE 2.0% target, so this should reel in the interest rate increase expectations again.
Tag: BofE
The UK Parliamentary Elections
Looks like a hung parliament and another election in 12 months or less. The uncertainty is not good for decision making, either by Government, the BofE (Bank of England), companies or individuals. That has got to be negative for the British economy.
Solutions Edge 