We don’t yet know whether inflation will continue to soar or return to normality over the next year and beyond, writes Sam Liddle. But we do know companies with 'pricing power' will be in the strongest position...
Ed. This article was written before the 14 July inflation announcement. Read the article here UK inflation hit 2.1% in May, not only representing the CPI's largest jump in six months but, more importantly, exceeding City economist forecasts of 1.8% by a notable margin. The biggest driver by far was the price of fuel, which — as many readers will have no doubt noticed — has soared in recent times alongside spiking crude oil prices. Meanwhile, other factors adding fuel to the fire included the price of clothes, beverages, and even online computer games and music. These reasons aside,...
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