Markets keen to learn how rising inflation will steer the Fed in the coming months
Drivers overcharged for petrol by £5m a day in December according to motoring group RAC
Investors expect further tightening of the US labour market with 400,000 jobs created in December
Supported by surging consumer demand, industrial metals and oil prices enjoy a strong year
Senior London index hits 22-month high as easing Covid fears boost travel and leisure stocks
UK Treasury to offer £6,000 grants for businesses, to be allocated by local authorities
Sales have dwindled since the government announced Plan B measures on 8 December
The Fed’s favoured inflation measure – personal consumption expenditures – is published on Thursday
British Airways owner to pay €35m termination fee to end deal with Spain’s Globalia Group
Move will smooth transition from the taper of its pandemic emergency purchase programme
Monetary policy committee votes 8-1 to raise interest rates in face of rising inflation
Monetary policy needs to withdraw the exceptional support provided during 2020, IMF says
Apple and Google’s control over mobile operating systems market limits consumer choice
Sterling at year low as growth slows, inflation rises, the BoE delays and the Fed turns hawkish
Dilemma for major central banks: economic impact of Covid-19 vs rising inflation rates
