Where to go stock hunting as rates rise, pubs’ pain, boohoo’s latest booboo, and Domino’s welcome delivery
After the week began with an eyewatering November inflation reading which showed CPI hitting 5.1%, the big news has been that the Bank of England shocked everyone once again by actually raising the benchmark interest rate by 15 basis points to 0.25%. After totally wrong-footing everyone in the previous month by not raising rates when universally expected, perhaps observers were simply taking a more cautious approach to predicting what the MPC might do next. Either way, lots of pundits remain unamaused by the Old Lady's antics.
To keep reading sign up for an annual or monthly subscription here. If you're already a subscriber log in here.