Five ways to inflation-proof your portfolio

Unsurprisingly, the latest hike has been met with further speculation about a rise in interest rates. But minutes from the Bank of England’s Monetary Policy Committee show rate-setters are split three ways on the issue. While experts continue to battle it out, consumers are left in a state of flux and advisers are dealing with more calls than ever from worried clients. Recent research from Selftrade found moe than a third of over-50s are extremely concerned about the effect of inflation, while 71% predict inflation will increase in the next six months. Erode wealth Elsewhere Defa...