18 June 2015 Week in Brief:BUSINESS AND THE CITY                                                                             REVERSE DEFLATION: Economists were relieved to see Britain’s cost of living rise 0.1% in May, after a couple of months of deflation. Though it may seem counter-intuitive to welcome rising prices, the effects of deflation are little understood in modern economies, but generally felt to… Continue reading Issue 7:2015 06 18:Financial news