Markets wrong on UK interest rate rises, say economists
Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation
Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation

Investors see UK economy as one of the most exposed to an inflation shock

Concerns that November figures showing fall to 2.7% distorted by missing data after shutdown

Fund says British economy faces heavy blow from global energy crisis this year

Forecasts dwelled too much on Donald Trump’s threats and not enough on offsetting factors

Policymakers indicate they may need to raise borrowing costs if energy price surge triggers persistent inflation

A huge pessimistic bias in our national accounts leads us to doom and gloom which turns out to be nonsense