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Food cost rises keep CPI at 3.1%

The consumer price index stayed at 3.1 per cent in August. The Office of National Statistics says the increasing cost of food and clothing has led to the high rate.

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Bill Mott warns of bond bubble to rival TMT

Veteran UK equity income fund manager Bill Mott has warned of a ‘bond bubble’ that could rival the dotcom bubble of 2000, if fears of deflation in the economy prove unfounded. The manager of the PSigma income fund has compared the recent rush into bonds, as markets have feared the worst for the global economy, […]

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Standard Life looks to direct distribution

Standard Life chief executive David Nish says he is looking to break the insurer’s dependence on financial advisers by exploring other distribution routes, including direct to consumer and through employers. According to the Mail on Sunday, Nish says despite the greater focus on a direct offering, he will look to support advisers as they adapt […]

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