Inflation to rise to 4% by the end of 2021
Increase from 2.1% puts pressure on the Bank of England
Two rate hikes now expected in 2023
As inflationary concerns rise, the case for equities over fixed income strengthens, writes Thomas Rostron, CEO of Horizon by Embark
The UK economy grew at its fastest monthly rate since July last year, having jumped 2.3% in April as lockdown restrictions continued to ease.
CPI rises 1.5% in April
Chasing returns 'not sensible appraoch'