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Industry welcomes falling inflation but tough times ahead – Mortgage Strategy

The UKโ€™s inflation rate fell sharply to 4.6% in October largely as a result of cheaper gas and electricity prices. As AJ Bell head of financial analysis Danni Hewson points out not only has CPI come in under 5% but itโ€™s reached a two-year low and the number released this morning was cooler than had been expected.
United Kingdom David Hollingworth Danni Hewson Jill Mackay Andrew Bailey Simon Webb

New chiefs at two BBC orchestras

New chief executives are to be announced tomorrow at the BBC Symphony and BBC Philharmonic. Both jobs have been vacant for almost a year as the BBC went through contortions about the future of its orchestras. The only surprise is that the announcement will be made by Simon Webb, BBC director of orchestras and choirs,
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Analysis-Mega transatlantic oil mergers less likely after Exxon, Chevron deals

The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said. Speculation that Chevron and Exxon might try to buy rivals BP and Shell intensified over the last two years as the European majors underperformed their U.S. rivals. Investors punished the European companies for their pivot towards renewables and low carbon energy while rewarding the U.S. companies&#x2...
City Of United Kingdom Bernard Looney Simon Webb Tyler Tebbs Lucas Herrmann
Source: yahoo.com

Industry draws few positives from inflation update – Mortgage Strategy

Inflation remained at 6.7% in September for the second month in a row. ย Food inflation fell month on month for the first time in two years but rising prices at the fuel pump have been cited as a key factor for the surprising stickiness. The latest figures have been received with some disappointment within the
Simon Webb David Hollingworth Ben Thompson Monetary Policy Committee Mortgage Advice Bureau Consumer Prices Index

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