The Office for National Statistics (ONS) yesterday announced UK inflation figures.

Just before these figures were released I was watching my screens as usual and writing my next post for Business Bob Blog and noticed the pound fall against the dollar and the FTSE 100 go up pretty much at the same time!

Now, this was all before the ONS made their announcement and at the time I remember thinking it strange as the opposites to what I was expecting were happening (that’s not so unusual) – but this felt different – especially so as the general market consensus at the time was for inflation to rise to 3% from 2.9% and the market (FTSE 100) had been rising. See my post: UK Inflation falls to 2.6% but still above Target I thought this odd and put it down to me getting it wrong, dismissing the thought! That was until this morning, when I noticed a report suggesting that some traders may have got news of the figures before they were released!?

This is very concerning as clearly it suggests there may have been a leak and therefore market manipulation could have occurred (if indeed that is what happened) and that is clearly a criminal offence.

It needs to be investigated in my opinion. I will be following this piece of news to see what happens – if anything! I’ll let you know.