もっと詳しく

Rolling coverage of the latest economic and financial news, as cigarette maker Philip Morris and private equity group Carlyle battle to own UK health company

That’s all for today – here’s our main stories:

Related: Business chief calls on PM to save north-east from Brexit damage

Related: SFO launches investigation into Gavin Woodhouse over suspected fraud

Related: Philip Morris and Carlyle face possible auction contest for Vectura

Related: Morrisons suitor CD&R given more time to make rival offer

Related: Deliveroo shares rise after rival Delivery Hero takes 5% stake

Related: Rothermere agrees deadline extension to take Daily Mail owner private

Related: UK launches £4m fund to run fibre optic cables through water pipes

Related: Alibaba chief attacks ‘drinking culture’ after manager is accused of rape

Related: Macquarie wades back into UK with majority stake in Southern Water

Related: UK recovery still unsteady despite July job surge, finds report

Related: Hipgnosis buys rights to songs of Fleetwood Mac’s Christine McVie

US consumers have lifted their medium-term inflation expectations to the highest in eight years.

A new survey from the New York Federal Reserve found that Americans expect inflation to be 3.7% in three years, up from 3.6% predicted in June. That’s the highest reading since August 2013.

U.S. consumers’ expectations for inflation over the medium term rose to an eight-year high, according to a New York Fed survey https://t.co/sl2GzEgSbm

Continue reading…