INFLATION

Negative inflation will likely cause the Bank's Monetary Policy Committee to postpone a rate hike.

Despite the early England exit, the UK hosting the RWC helped retail sales in September.

Members of the Monetary Policy Committee (MPC) voted eight to one to leave rates on hold.

Raising the minimum wage mirrors seventies policies where wage settlements were linked to the cost of living.

Low oil prices weighed down the inflation rate, with energy prices falling around 8.7%.

Buenos Aires mayor Mauricio Macri and Sergio Massa also in the race.

Spot gold prices hit their peak to a three-and-a-half month high since late June on Wednesday.

The Office for National Statistics has released statistics for August house price inflation.

The ONS says Consumer Price Index inflation fell again in the year to September.

The growth, still significant, is on the lower end of 2015 increases.

Lower costs of transport and food weigh down inflation rate.

IBTimes UK looks at the left-winger's performance during the Sky News hustings.

Risks to the European Central Bank's outlook for economic growth and inflation have worsened since mid-August.

Weak outlook on inflation rate has made analysts think an interest rate rise in 2015 would be too soon.

UK inflation rate hovering around 0% was expected to fuel sales in June.

Rate increases are expected to be gradual, and limited to a level below past averages.

The fact that Iran will soon be open for business and a BoE indication rates will rise stunted the FTSE.

The Institute of Directors welcomed the figures, saying they will be a boost for businesses and households.

BOE announced that its Monetary Policy Committee decided to keep the size of the quantitative easing programme at £375bn.

Investors with over 5% stake cannot sell shares for the next six months.

The country earlier cut its economic growth forecast for 2015 to 3.1% primarily due to Mers outbreak.