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City AM
City AM
By Anna Moloney The notebook is a place for interesting people to say interesting things. Today, it’s the turn of former journalist and now Hargreaves Lansdown’s head of money and markets Susannah Streeter. Our love of big brands helps fuel inflation firesBrand power is the much-lauded virtue of the world’s most successful companies. But this much-admired characteristic is partly why we are finding inflation a tough nut to crack. The Bank of England says that the price spiral will take longer to reverse than forecast, due to higher food costs. This has renewed accusations that supermarkets and…
