In other words, if you make 10,000 widgets and sell them for £1 each, your revenue is £10,000. It may sound obvious, but every time that I think about a company’s finances I remind myself of this.
Revenue is Volume times Price.
Conceptually we have a reasonable understanding of inflation. As an economic term, inflation represents the general price rise of goods and services over a predetermined time.
Usually, your bank would pay interest on your savings accounts. Negative interest rates turn this around and mean customers have to pay banks to hold their savings.
You probably sort of know how index linked gilts, or “linkers,” work. The redemption value is linked to the change in the retail price index, or RPI, that takes place over the life of the gilt.
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