UK households ‘feeling pain of inflation’
Inflation still causes problems for UK households.
Read all the latest financial news from around the world and stay up-to-date with the latest economic events effecting the markets with City Index.
Inflation still causes problems for UK households.
The Dow Jones and the Standard and Poor’s 500 have both closed at new highs.
The Nikkei has continued to move forwards this morning.
Inflation is not far from the two per cent target.
Employment data for the UK has been described as troubling.
The FTSE 100 finished at a 12-year high last night.
The Nikkei is up to a new five-and-a-half year high.
Marks and Spencer has reported a major drop in profits.
A leading economic consultancy firm has warned high inflation may restrict new Bank of England governor Mark Carney when he takes over on July 1st.
Despite the results, the budget airline has warned it expects growth to slow in the coming year.