The UK should brace for higher inflation and higher-for-longer interest rates for the rest of the year, according to a leading independent financial advisory. Data earlier in the week showed that UK inflation held at 3% in February, reflecting the period just before a renewed surge in world energy prices tied to escalating tensions involving Iran. “Inflation is now, by almost all estimates, turning higher again,” warned James Green, regional director of deVere Group with experience across 18 regulated financial entities. “I fear that many households, businesses and investors could be underestimating the scale and speed of what’s coming. “Energy
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