{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/61532f6d28eee90013840184/69f0cd108647f8587ef0df98?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"UK inflation increases as Chancellor navigates their shrinking fiscal headroom ","description":"<p>Last week, the published economic data presented a misleading picture of domestic growth. The composite Purchasing Managers' Index (\"PMI\") unexpectedly jumped to a two-month high, driven by corporate panic as firms are stockpiling inventory due to supply chain fears, triggering the largest monthly surge in the Input Prices Index in nearly three decades. These costs are now trickling down to consumers, with consumer confidence plunging to a record low, as headline inflation accelerated to 3.3%, aided by a spike in motor fuels and food prices. The only silver lining for the Bank of England (\"BoE\") is a cooling labour market with average weekly earnings falling to 3.8% and April pay settlements softening, allowing the central bank to potentially avoid a domestic wage-price spiral...</p><p><br></p><p><strong>Stocks featured:</strong></p><p>London Stock Exchange Group, Compass Group and Mondi</p><p><br></p><p>To find out more about the investment management services offered by Walker Crips, please visit our website:</p><p>https://www.walkercrips.co.uk/</p><p><br></p><p>This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange</p>","author_name":"Walker Crips Investment Management Limited"}