Bank of England governor Mark Carney has said it would not be "appropriate" to build a "war chest in interest rate terms" to use in case of future shocks, even as he predicted inflation would rise above 3% in the short term.
The UK rate of inflation rose to a five-year high of 3% in September, up from 2.9% the previous month, according to the Office for National Statistics (ONS). The ONS reported this morning the annual...
What made financial headlines over the weekend?
UK economy falters
More launches planned for 2019
£50,000-plus 'earned' from steelworkers
'Not convinced of merits'