Bank of England governor Mark Carney said he expects inflation to rise further. Photograph: Adrian Dennis/PA. Inflation. UK interest rate rise likely as inflation hits 3%.
Merlin Entertainments, owner of Legoland and Madame Tussauds, downgraded its full-year profit expectations on Tuesday, sending its shares tumbling, after warning that “difficult” summer trading in the aftermath of UK terror attacks would persist.
The Organisation for Economic Cooperation and Development has urged the UK to maintain the “closest possible” ties with the EU if it is to limit the economic and social costs of Brexit.
An Airbus A320 and a Bombardier C-Series plane after the announcement of the deal. Photograph: P Pigeyre/Airbus/EPA. Bombardier. Bombardier raises hopes Airbus deal could save 1,000 jobs in Belfast.
The north west of England has led the way for house price growth over the past year, while London has seen the smallest annual increase across the UK, official figures show.