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The Bank of England surprised the City yesterday with the revelation that two of its nine senior economists had voted to raise interest-rates at their latest meeting – the first time that the 9-0 unanimity on the current emergency 0.5% base-rate has been broken in three years. Apparently paradoxically, this followed inflation figures that came in unexpectedly low earlier this month. We thought our readers could do with some cheer in the Dog Days of Summer, so we’ve taken HM Treasury’s monthly rundown of City forecasts, and pulled out the 10 banks and consulting firms with the rosiest view of UK economic prospects in 2014 and 2015. We ranked them by 2014 GDP forecast, by Q4 interest-rate prediction, and by their estimates for the unemployment rate at year end, since this may or may not be one of the things that Mark Carney would like us to bear in mind …

In UK macroeconomics, things are finally beginning to get interesting again...

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Fareed Sahloul

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Find out who is on the move in the City and beyond this week

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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