The supply-demand mismatch in goods caused by the pandemic has driven up global commodity prices and is now feeding through into consumer price inflation.
Investors are pricing in a strong recovery, shrugging off fears about Covid and inflation.
The pandemic is entering a more containable phase, though risks remain.
With investment set to grow, this recovery is looking very different from the one that followed the global financial crisis.
As global demand bounces back, a prolonged period of rising prices could be on the cards.
The worst recession in British economic history has been accompanied by rising employment among UK workers.
While previous transitions don’t bode well for a speedy uptake of renewables, things could well be different this time.
While all signs are pointing towards a global building blitz, grand plans have a habit of coming to nothing.
While the UK looks to be heading for a strong growth/low inflation recovery, panic in equity markets hints there could be a surprise in store.
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