Third consecutive month of increases

Most members agree hike is imminent

Markets and sterling fall

Pushes out rate hikes

Director of compliance fills role

Concern firms could suffer 'reputational damage'

The UK's inflation rate fell back to zero last month, down from 0.1% in May, as the prices of clothing, fuel and food all fell.

Sterling has fallen after the Bank of England downgraded its growth forecasts for the UK economy while indicating it could start to raise interest rates in mid-2016.

Kames Capital head of investment strategy Bill Dinning has quit his role to become an investment strategist for Coal Pension Trustee Services.

Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.