Inflation will not fall to 2% for another three years, Goldman Sachs has warned.
The investment bank said interest rates would climb above 5% in the meantime.
The forecast is rather more gloomy than the Bank of England’s own prediction this month, that inflation would fall by the middle of 2025. However, it suggests that the government will be able to claim it has halved inflation by the end of 2023.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
