i morning briefing: Are there signs of hope for the economy?

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i morning briefing: Are there signs of hope for the economy?
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Inflation still appears stubborn, but there are some glimpses of good news around

didn’t sound like good news when it dropped yesterday, with figures remaining steady at 6.7 per cent. The cost of an average food shop is still up by more than 12 per cent compared to a year ago, and there are also signs that private rents are on the rise again. But among the figures released were some small glimpses of hope.

A 13-year-old boy who was having a water fight with his younger sibling was surrounded by armed officers from London’s Metropolitan Police. The youngster was confronted by marksmen in Hackney, east London, after a police officer on patrol reported a potential firearms incident.the largest annual increaseInflation could fall significantly next month: Forecasts from the Bank of England predict that inflation for October will be down to 5 per cent, with a further fall to 4.8 per cent in November.

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