MPC

The Consumer Prices Index (CPI) hit a 17-month high of 3.7% in April, forcing Bank of England governor Mervyn King to write to new Chancellor George Osborne to explain why.

The Bank of England (BoE) today kept interest rates at a record low of 0.5% as uncertainty remains over who will govern Britain.

Inflation figures released last week by the Office for National Statistics show a higher-than-expected jump, while the Bank of England's Monetary Policy Committee (MPC) has revealed its members are increasingly worried about the rise.

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold fire on any changes to interest rates this month, but some members are growing increasingly concerned about inflation.

Interest rates have been kept on hold at 0.5% by the Bank of England.

UK inflation is likely to have risen to around 3.5%, exceeding the Bank of England's (BoE) target for the third time.

The Bank of England has frozen its quantitative easing programme and kept interest rates on hold.

The case for investing in emerging market equities as part of a diversified global portfolio remains compelling

Opinions are divided over whether inflation or deflation poses the biggest threat to the industry

With three-quarters of the year now behind us, thoughts turn to reflect upon the year that is drawing to a close and what 2010 will bring.