Inflation

UK house price inflation was 3.3% in September, up from a nine-year low of 2.8% in August, according to latest figures from the Office of the Deputy Prime Minister.

PARENTS COULD be hit by a marginal income tax rate of 78% because of the complex way benefits and taxes interact, leading accountants argue in the Daily Telegraph .

THE NUMBER of people asking about buying a house last month rose at the sharpest rate for two years, suggesting that the property market is beginning to pick up, according to this morning's papers.

MERRILL LYNCH, JPMorgan and Jupiter Asset Management have lost out in the battle to manage the £100m Deutsche Equity Income Trust (DEIT), reports The Times .

EMPLOYERS AND pensions experts attacked a deal announced yesterday by the government and trades unions to raise public sector retirement ages as "a feeble climbdown", according to this morning's papers.

STANDARD LIFE insists its demutualisation proposals are on track, despite growing speculation wrangling with the Financial Services Authority (FSA) could force the society to delay its flotation, reports The Times .

Inflation and growth will dip in the near term, but both are likely to increase by the 2007-8 period according to the latest quarterly inflation report from the Bank of England.

Surging petrol prices are expected to drive inflation to a fresh eight-year high according to this morning's papers.

Inflation is being increasingly ignored by consumers looking for a home to park their savings, according to figures from National Savings & Investments.

THE EFFECT OF Hurricane Katrina continues according to today's papers with The Times reporting oil prices soaring to record levels yesterday as nervous traders ignored pledges of additional supplies from Saudi Arabia and instead worked feverishly to...