Inflation remains stable

Inflation remains stableFollowing a sharp rise in October, new figures have shown that inflation, as measured by the Consumer Prices Index (CPI), remained unchanged in November at 2.70%. The Retail Prices Index (RPI) actually fell, from 3.2% in October to 3% in November. However, if economists are right this short period of stability could soon come to an end. Falling prices Lower prices on a wide range of goods, including fuel, plane tickets, beer and carpets helped to keep inflation in check during November. However, many economists and financial experts believe that ...

Investing: Bolton pledges future to troubled Fidelity China Special Situations fund

Investing: Bolton pledges future to troubled Fidelity China Special Situations fundAnthony Bolton has pledged his future to Fidelity’s troubled China Special Situations fund. Bolton has said he will continue to manage the fund until at least 2014 in the hope that its fortunes can be turned around. Poor performance The fund, which is worth over £500 million, had a poor 2011, losing around 30%, and was ranked in the bottom 25% of all similar funds. Bolton has admitted that disappointing performance has been a ...