UK inflation beat forecasts to rise to 2.9% in August, after stalling at 2.6% in July, with record uplifts in clothing costs contributing to the increase, according to the Office for National Statistics.
The UK's Consumer Prices Index (CPI) rose to 2.9%, well above the Bank of England's target of 2%, reaching levels last seen in April 2012. The gain came after the biggest rise in clothes and footwear...
An abrupt change in interest rates "will lead to problems" in the real economy and financial markets, economist Gerard Lyons warns.
The Pensions Regulator (TPR) has banned three people from serving as pension trustees after around £9m was suspected of being scammed from 346 savers.
Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.
Schemes are increasing their usage of index strategies. Armit Bhambra looks at the four key factors driving this growth