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
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016