Our Blog

Keeping you up to date.

Last week I attended a lunch held for one of the Bank of England’s management, Richard Sharp. The Bank, as you probably know, is the second oldest central bank in the world (after Sweden) and is responsible for many aspects of financial policy and regulation in the UK.

This week's news has a positively international feel, as we cover the latest revision to the IMF's global growth forecast, disappointing new figures in China, and the prospect of renewed faith in the Eurozone.

The Office of National Statistics will publish data tomorrow showing that CPI inflation was 0.5% in December. That is more than one percentage point below target. As a result, I am writing an open letter to you on behalf of the Monetary Policy Committee (MPC)….

The past week has seen UK stocks advance and the pound weaken, while it has also been revealed retail spending in December slowed after the Black Friday boost. Further afield, we look at why oil prices have continued to fall.

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