Inflation

Stagflation concerns remain in focus for investors this year

In line with expectations

Aon report says investors will need diversified portfolios to protect against all types of inflationary shocks

'Wait and see approach'

Bank of England cut unlikely

Core CPI also up to 3.8%

Up from 3.4% in May

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

CPI rose by 3.5% in year to April, up from 2.6%

MPs say pension integration ‘is a relic from the past and needs to be abolished’