Rates on hold. Again.
The Bank of England has kept interest rates on hold at the historic low of 0.5% for an 18th consecutive month.
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The Bank of England has kept interest rates on hold at the historic low of 0.5% for an 18th consecutive month.
Price inflation in the UK has eased again, with the official figures for the year to July 2010 showing the Consumer Prices Index (CPI) measure falling from 3.2% to 3.1%.
Informed Choice financial planner Philip Sullivan looks at the prospects for inflation or deflation in the UK economy.
Informed Choice chartered financial planner Martin Bamford looks at the latest interest rate predictions.
The publication of price inflation figures for the twelve months to February 2010 show that the Consumer Prices Index (CPI) measure of inflation is starting to fall.
The price inflation figures published this morning make for some grim reading, if you take them at face value. The Consumer Price Index (CPI) measure of inflation increased to 2.9%, up from 1.9% for the year to November.
The FTSE 100 index of leading UK company shares finished the week at 5,534.24, up 7.52 points or +0.14% on the day and up 121.36 points (+2.24%) over the week (and since the start of the year).
The FTSE 100 index of leading UK company shares finished the week (and the year!) at 5,412.88, up 15.02 points or +0.28% on the day and up 10.48 points (+0.19%) over the week.
The FTSE 100 index of leading UK company shares finished the week at 5,196.81, down 20.80 points or -0.40% on the day and down 64.76 points (-1.23%) over the week.
The Bank of England undertakes a quarterly survey of public attitudes towards price inflation. The latest survey was conducted in November, and the results have now been published.
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