Inflation

A further break of links between unemployment and inflation may be on the cards next year, helping economies such as the UK and US to outperform, according to L&G.

A typical British household pays more than £200,000 in indirect taxes over a lifetime, according to a report by Axa, says the Scotsman .

SEVEN of the City's biggest banks will today announce the formation of a pan-European electronic shares trading platform that would compete directly with the London Stock Exchange and other continental markets, reports the Times.

The Bank of England's Monetary Policy Committee has raised the base interest rate to 5% - its highest level in five years.

Life and pensions manufacturers and distributors are about to get the usual heads-up in the form of third quarter sales figures, but which this year comes with the added knowledge a booming stock market is making some types of sales all the more easier....

Rising house costs over the last 10 years has seen inflation for pensioners rise by 34%, claims Clerical Medical.

The Bank of England's latest inflation report has hinted at the possibility of a further rise in the base interest rate in order to keep inflation under control.

Scottish Friendly Society is calling on the government to increase the maximum amount which can be invested in friendly tax-exempt savings products.

The FTSE 100 index has dumped almost 3% in afternoon trading, crashing 170.7 points in the space of a couple of hours, after Wall Street took another nosedive over inflation concerns.

Annual house price inflation in the UK fell from 3.4% in February to 3.3% in March, according to the latest data from the Department for Communities and Local Government. (DCLG)