On Monday last week, I penned the introductory paragraphs for our Investment Review document which will be issued early next year to Buckingham Gate clients.
Monthly Archives: November 2021
Monthly Vlog – November 2020
Cost of Living Rises as Prices Surge – 22nd November 2021
Article written by Andrew, Charles, Chris, Mark and Will, Portfolio Management Team at Square Mile.
Last week saw UK inflation surging to its highest level for a decade, hitting 4.2% in October. This was both higher than the markets expected and more than twice the Bank of England’s (the Bank) target of 2%.
The Close Call
It seems like we have been talking about an increase in interest rates for some time now. Although we seem to have had a ‘close call’ today with the Monetary Policy Committee voting 7:2 in favour of holding rates at the historic low of 0.1%, they did comment that interest rates could rise “from now onwards”.
