Investing in a time of stagflation

FT Adviser · Nov 5, 2021 · 35m

Rising inflation has prompted concerns that the UK economy is seeing the return of stagflation.Last seen in the 1970s, stagflation is characterised by stagnant growth and high inflation. The supply chain disruptions which led to fuel shortages in September and the looming rising cost of energy saw many draw parallels with the that era.Indeed, the Bank of England's new chief economist, Huw Pill, is predicting inflation is likely to hit, or even exceed 5% next year.This week David Thorpe, special projects editor at FTAdviser, is joined by Alan Higgins, UK chief investment officer at Coutts…