UK inflation has risen through 2017 to the top of the Bank of England’s 1-3% target range, having been well below the range for nearly two years. Miles reviews that increase and provides context to the move. He offers an insight into some of the key drivers and explains how there are few signs that point to the increase extending to become a greater challenge for the Bank of England’s Monetary Policy Committee.
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.
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