Inflation could fall to 1% by the end of the year, a leading economist has claimed.
Samuel Tombs, UK economist at Capital Economics, said producer price indicators, the strength of the pound making imports cheaper, and political pressure on energy bills were likely to see inflation ease further for the rest of the year.
"Against this low inflation backdrop, we believe the MPC is likely to tread cautiously and raise interest rates only very gradually over the coming years," he said.
More top news
The paralympian posted a time of two minutes and 57 seconds on Sunday.
The 17-year-old posted a supportive Instagram message accompanied by a childhood photo.
"Big Sam" was spotted letting his hair down in the seaside resort weeks after securing Premier League survival for Sunderland.