Fracking contenderspublished at 13:12 British Summer Time 18 August 2015
Our business editor tweets:
Annual house price inflation goes up to 4.6% in England and Wales says Land Registry
Fracking sites offered for exploration
Bank tax to cost Nationwide £300m
Inflation rises to 0.1% in July
Ian Pollock
Our business editor tweets:
Our business editor tweets:
Adam Chester, head of economic research and market strategy at Lloyds Bank Commercial Banking, comments on the July CPI inflation figure:
Quote MessageThe surprise rise, especially in the core rate, has led to a knee-jerk spike higher in the pound and reaffirmed market expectations that UK interest rates could rise in the first half of 2016. The pound is trading nearly a cent higher against both the euro and US dollar, at around 1.4150 and 1.5650, respectively. While the Bank of England is unlikely to read too much into one month's data, the pickup in the core rate is a timely reminder that not all indicators of inflation are pointing south."
Just to put the UK figures into context, Washington DC-based journalist Pedro da Costa points out the situation in Venezuela.
Newsnight's economics correspondent tweets:
Our Scottish business and economics editor tweets:
Samuel Tombs, senior UK economist at Capital Economics, tweets:
Quote MessageThe scale of the recent fall back in oil prices suggests that CPI inflation is still likely to turn negative again over the next few months. And while inflation should pick up at the very start of 2016 as the anniversary of the previous plunge in oil prices is reached, it still looks likely to remain well below the MPC’s 2% target next year."
Our economics editor tweets:
Our personal finance correspondent tweets:
Our economics correspondent tweets:
Our economics correspondent tweets:
Allow Twitter content?
This article contains content provided by Twitter. We ask for your permission before anything is loaded, as they may be using cookies and other technologies. You may want to read Twitter’s cookie policy, external and privacy policy, external before accepting. To view this content choose ‘accept and continue’.
The Times's technology correspondent tweets:
Our technology correspondent tweets on the Amazon row:
Our economics editor tweets:
The Economist Intelligence Unit's Europe regional director tweets:
Our business presenter tweets:
Our business presenter tweets:
Our business presenter tweets:
Allow Twitter content?
This article contains content provided by Twitter. We ask for your permission before anything is loaded, as they may be using cookies and other technologies. You may want to read Twitter’s cookie policy, external and privacy policy, external before accepting. To view this content choose ‘accept and continue’.