Reports fuel rate rise speculation

clock

A trio of economic reports suggests an increased rate rise from the Bank of England next week is more likely, according to analysts.

The Confederation of British Industry (CBI), the Land Registry, and the Chartered Institute of Purchasing and Supply (CIPS) - together with the Royal Bank of Scotland (RBS), all published data suggesting buoyant retail, housing and manufacturing markets. Analysts say the strength of the reports are testament to a thriving economy and say price pressures are building. The Bank of England is set to announce any interest rate rises at a meeting on May 10. The latest figures from the CBI show retail sales grew at their strongest rate for almost three years in April. A net 44% of retaile...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read