Why House-Price Inflation Threatens UK Foundations
1. They will go still higher when the price cap is updated again in January, expected to exceed 4,000 pounds. U.S. bank Citi forecast that the huge energy cost increases could drive U.K. inflation to 18% next year. The Bank of England predicts a recession starting later this year. ...
traced back to Miguel de Cervantes' novel "Don Quixote": "To withdraw is not to run away, and to stay is no wise action when there's more reason to fear than to hope; 'tis the part of a wise man to keep himself today for tomorrow, and not venture all his eggs in one basket...
"There is also the impact of Easter, which fell squarely in April in 2025 but was in March in 2024, as well as the lovely weather that the UK has experienced in recent weeks." What does this mean? The Bank of England's target is to keep inflation at 2%. But it's felt t...
Junior doctors were guaranteed a 2% pay rise in 2022/23 but that was agreed before the pandemic when inflation was below 2% so the BMA has said it is actually a pay cut. They were also excluded from the 4.5% increase the rest of the NHS has been promised. A potential strike d...
"So if there is some fault with that, then maybe some of the valuation excess that the U.S. has needs to come down closer to where the rest of the world is.” Recent weakness in U.S. economic data has spurred investors to ascribe incrementally higher probability to a "growth scare" ...
PCE inflation was revised down three-tenths to 2.3% this year, down two-tenths to 2.1% next year, and then left at 2% in 2026 and with 2% added for 2027 with an unchanged 2.0% long-run estimate. Core PCE inflation was revised down two-tenths...
Third, there is the role of lags. While wage inflation may not be rising by as much as price inflation now, in the coming months, some argue it will begin to rise and perhaps even overtake price inflation. This argument has been put by the Bank of England Governor Andrew Bailey, leading...
→Another section pauses the disbursement of tens of billions of dollars for climate and energy. The spending was designated by Congress in two of the landmark laws from the Biden administration, the Bipartisan Infrastructure Law and the Inflation Reduction Act. Again, experts say we can likely ...
McKinsey:Looking at the pharma industry, what are some of the trends and changes you see in the market globally that present specific opportunities for Indian companies? Pankaj Patel:Medical science is moving toward a more biological-oriented model. There are more drugs coming into the market—suc...