Interest rates are expected to rise to at least 6%, according analysts who
said the decision to leave them unchanged last week at 5.75% was a ‘pause’
rather than a ‘peak’.
According to reports, the Bank
is expected to signal this week that interest rates will need to go up one more
time to 6% to be sure of meeting the official 2% inflation target.
A survey by research firm
Ideaglobal.com found that of the
analysts surveyed, 30% thought the inflation projection would be raised, 15%
believed it would be lowered and 55% that it would be unchanged.
On growth, the figures were virtually reversed, with 25% looking for a lower
growth forecast than May, 15% a higher one, and the remainder an unchanged
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars