Inflation’s upwards trend is due to Brexit. The chickens are coming home to roost | David Blanchflower

Markets have no idea where the economy is headed and interest rate rises could easily push the UK back into recession• David Blanchflower is an economistFirst, a little primer on inflation. The UK inflation rate for June 2017 as measured by the consumer prices...

Dalian Wanda’s Wang speaks out against debt ‘rumors,’ brings on new buyer for property sale

Wang Jianlin, chairman of Chinese conglomerate Dalian Wanda, defended his company’s financial situation in a speech Wednesday amid worries about high debt levels. The AMC Entertainment parent’s debt risk has reportedly come under government scrutiny in...