Bulletin

Inflation set to fall below 1%

Official figures due out on Tuesday are expected to show a further sharp drop in inflation from November's figure of 1%. Analysts believe the falling cost of food and petrol, and the absence of any year-end rise in household energy costs, will push inflation down to between 0.5% and 0.8%. This will force Bank of England governor Mark Carney to write an open letter to the Chancellor, explaining why price rises have fallen so far below target and what the Bank plans to do to bring it back towards 2%. But some economists predict inflation is likely to remain below 1% well into the summer.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

 

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?