Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.
Chair of FCA cost disclosure working group
Prudential has announced it will combine its UK savings and investments businesses to create a single entity named M&G Prudential.
Sterling rose 0.5% in morning trading, after it was revealed UK inflation climbed to 1% in September, a 22-month high, surpassing economists' expectations and forecasts from the Bank of England's August Inflation Report.
A round-up of the key points after yesterday's rate cut by the Bank of England, and the introduction of what one economist dubbed its "bazooka surprise".
Two challenges in consecutive weeks
Mix of in-house active and passive