UK annual inflation, as measured by the Consumer Prices Index, slowed to 3.6 percent in October, offering the first relief in five months and raising prospects of a potential interest
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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
The Bank of England’s Monetary Policy Committee has left interest rates unchanged at 4 per cent for a second consecutive meeting, with a narrow five to four vote reflecting the
The Bank of England has opted to hold the base interest rate at 4 per cent, following a tight vote from the Monetary Policy Committee where the decision passed by
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.
The European Central Bank has opted to maintain its interest rates at 2 per cent, marking the third consecutive meeting without a rate change. This decision follows a better than
Union leaders are sounding the alarm over the security of the Bank of England’s vast gold reserves, as outsourced security staff plan a 24hour walkout next month following a pay
The UK economy may be poised for a positive shift as fresh economic data indicate a resurgence in both growth and confidence. Experts suggest that the climate is improving after
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,
Soaring debt, simmering social unrest and persistently high inflation—these are no longer the trademarks of developing economies alone. Britain, once the G7’s financial poster child, is now grappling with the
UK inflation has surged to its highest level in nearly two years, fuelling concerns over both household finances and the Bank of England’s path for interest rates. Figures to be
Britain is poised to record the highest inflation rate among major world economies this year, according to the International Monetary Fund’s latest annual economic outlook. The IMF’s report puts the
British living standards are on track to record the slowest improvement among G7 nations, according to the latest International Monetary Fund (IMF) forecast. In a significant setback for Sir Keir
Britain’s small and medium-sized businesses are expressing mounting concern over the twin threats of rising taxes and stubborn inflation rates as the country heads towards the next budget announcement. A
Britain’s hospitality sector faces renewed inflationary pressures as JD Wetherspoons chairman Sir Tim Martin issued a stark warning to the Chancellor regarding proposals for further business tax rises. Sir Tim
Shoppers across the UK face an extra £1.6bn on their bills this year as supermarkets grapple with the introduction of a new net zero tax. Retail chiefs have warned that
