Business Live: InterContinental in luxury hotels deal - BBC News

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The latest inflation numbers are released at 09:30.

"We have had wage growth around 3%, but given where the economy is, given that businesses are struggling they probably will be loathed to increase prices and you've still got these big picture trends like technology reducing costs, competition, that are keeping prices low," said Shanti Kelemen, Senior Portfolio Manager, Coutts.

The Bank of England is tasked with keeping inflation under control, so what does this mean for their main tool, interest rates?

"There's more potential for rates to go up in the UK than there is for anywhere else in the developed world, because the US has already raised rates, Europe's economy is in a much worse place that ours.

"If there was some sort of resolution to the Brexit saga, it's possible we could see rates go up this year."

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