Sterling jumped to a seven-year high after it emerged Consumer Prices Index inflation had not stagnated at the zero mark for another month as expected, rising by 0.1% in July.
While economists had been expecting inflation to remain at zero for another month, the latest report from the Office for National Statistics (ONS) revealed it had edged up in July. As a result, ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
