The Bank of England should hike interest rates in the second half of 2010 and lift borrowing costs to 3.5% by the end of 2011 to control rising inflation, an economic report says today.
Nationwide Building Society is trumpeting its 'Football Bond' ahead of the World Cup amid a flurry of advertising. But it can be beaten by a bet at the bookies.
A sharp rise in the cost of living isn't generally good news, and April's Retail Prices Index (RPI) inflation measure, announced yesterday, shows a 19-year high of 5.3%.