There may be a further rise in UK interest rates to keep in inflation on
target at 2%.
In its quarterly inflation report, the Bank said inflation could rise as high as
2.7% without a rate rise.
But it said it expected soaring energy prices, as well as rising university
tuition fees would push inflation above its 2% target.
The Bank aslso said the pick-up in inflation was ‘somewhat more marked’ than
in its May report.
Last week the Bank raised rates to 4.75% from 4.5%.
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