Trade bodies unite over MiFID - papers 16th August

The paper says bodies party to the highly unusual co-operative effort include the Association of British Insurers, the British Bankers' Association, the Investment Management Association and the London Investment Banking Association. The venture underlines concerns about the implications of the Markets in Financial Instruments Directive, which takes effect in November 2007. THE CONTROVERSY surrounding the Consumer Price Index (CPI) has taken a new turn as the Office for National Statistics said its measure of inflation fell last month, despite electricity and gas prices rising at the faste...