Data from the Office for National Statistics indicates that UK inflation has increased to 3.4 per cent for the first time in five months. This uptick was influenced by several
UK Inflation
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Alan Taylor, a member of the Bank of England’s monetary policy committee, has stated that inflation in the UK will decline and stabilise at the target rate of 2 per
This winter, homeowners across the United Kingdom are poised to benefit from a dramatic shift in the mortgage market, as lenders engage in fierce competition to draw in borrowers. Industry
The United Kingdom has experienced an unexpectedly sharp fall in inflation, dropping from 3.6 percent in October to 3.2 percent in the twelve months to November, according to new data
Andrew Bailey, Governor of the Bank of England, has strongly defended the institution’s quantitative easing programme undertaken during the Covid pandemic, citing it as a vital intervention to avert a
The concept of fiscal headroom has become the central focus of United Kingdom economic policy. For fifteen years, the buffer between forecasted tax revenues and government spending has shaped debates
Every chancellor regards the budget as a defining moment; some emerge with their reputations intact, others do not. As the latest budget draws near, Rachel Reeves faces mounting scrutiny both
The Office for Budget Responsibility has revised United Kingdom growth forecasts downward for each of the next five years, undermining efforts by Chancellor Rachel Reeves to stimulate economic output. These
At just after half past twelve on Wednesday, the UK bond market will be poised to react as Chancellor Rachel Reeves unveils her much-anticipated budget. In an era dominated by
UK inflation has eased to a four-month low in October, underpinned by falling energy costs and subdued price growth across the services sector. New figures from the Office for National
Rachel Reeves stands on the verge of a potentially historic Autumn Budget as the government comes under intense pressure to tackle the nation’s fiscal challenges. With November’s statement looming, Treasury
The Bank of England faces a decisive moment as members of the Monetary Policy Committee (MPC) prepare for a closely contested vote on whether to reduce interest rates next Thursday.
Rachel Reeves, the Chancellor, is considering a bold and controversial move that could see Labour breach its 2024 manifesto commitments. Sources inside the Treasury indicate that a 2p rise in
The UK government’s borrowing costs have hit an 11 month low, offering Chancellor Rachel Reeves a welcome windfall just weeks before the autumn budget. Yields on 10 year government bonds,
Britain now boasts one of the highest minimum wages globally, outpaced only by Luxembourg, Iceland and the Netherlands. Workers aged over 21 in the UK earn £12.21 per hour, the
The pace of shop price inflation accelerated during September, driven primarily by increased costs for non-food items such as DIY and gardening products, according to new data from the British
