Bank of England

MPC committee votes seven to two to hold interest rates due to 'sticky' inflation

Bank of England cut unlikely

Tough decisions ahead for the chancellor

June figures revised to 0.4%

Lowest level in two and a half years

Up from 3.4% in May

Barnett Waddingham submits valuation under DB funding code, state pensions connects to dashboards, and LCP launches Visualise+

Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP

The next MPC meeting is in August

CPI stood at 3.4% in May, down 0.1 percentage points from April’s figures