Frances O 'grady, chief secretary of the UK federation of industry and industry, said: "this suggests that brexit uncertainty has damaged the household budget. Work and living standards must be a priority in determining the best choice for brexit. The government should maintain a single market membership at the negotiating table. " George Goncalves, head of us interest rate strategy at nomura, argues that this could be the start of a bigger sell-off, largely depending on whether the us tax reform will eventually be approved. The bond market has been sceptical about the prospect of approval. Managing Director Martin Nettleton says: “Last month, we saw a record number of interactions from our website as a result of our advertising and PR, with enquiries coming directly from the contact form online, via email and via calls into our customer service department. Mr Vesteson said he was concerned that "the message of strong growth and low inflation would become incongruent". He added that "economic growth will slow slightly next year", but inflation will continue to rise.