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Jan 9, 2025
BoE DMP Survey: UK firms’ inflation expectations increase to 2.8% in the December quarter
The latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday showed that “one-year ahead expected CPI inflation by the UK firms increased by another 0.1 percentage points to 2.8% in the quarter to December.” Key takeaways Year-ahead own-price inflation expected to be 3.8% in the three months to December, 0.1 percentage points higher than firms reported in the three months to November.
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Jan 9, 2025
UK Treasury Minister called to parliament to explain surging Gilt yields
The UK House of Commons said on Thursday that a minister from Britain's Treasury Department has been summoned to parliament to respond to an urgent question about "the growing pressure of borrowing costs on the public finances", per Reuters.
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