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Britons expect a sharp rise in inflation over the coming year following the plummet in the value of sterling after Britain's vote to leave the European Union, and more now believe a hike in interest rates is on the way, a Bank of England survey showed. The survey published on Friday showed average public inflation expectations over the next 12 months rose to 2.8 percent in November from 2.2 percent in the previous survey in August. Forty-one percent of respondents in the survey expected interest rates to rise over the next 12 months, compared with 21 percent in August.
By Jack Stubbs MOSCOW (Reuters) - Russia is building a $30 million complex for acrobatic rock'n'roll, a niche sport in which President Vladimir Putin's daughter is a leading dancer and has a senior role for development, a Reuters review of public documents has shown. The Zhavoronki Acrobatic Rock'n'Roll Centre will be built on the western outskirts of Moscow at a cost of 1.9 billion roubles, according to state tender documents available online, and will be funded by the municipal government. It will be the only specialized facility in the world for the sport, according to governing body the World Rock'n'Roll Confederation (WRRC).