Bank of England policymaker Catherine Mann said on Thursday a pick up in inflation was unlikely to lead to longer-term price ...
UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made the Bank of England wary over rushing into interest-rate cuts.
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.
“But if Donald Trump pushes ahead with a restrictive trade policy, that would really put the cat among the pigeons when it comes to UK inflation and interest rates. The next Bank of England Bank ...
Inflation in the UK unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month. The Office for National Statistics said ...
If the return on an investment does not at least keep up with the rate of inflation, it will result in the loss of purchasing power over the long term. Currently, rates on CDs exceed the Consumer ...
Despite this, the rate of inflation slowed slightly in December’s report, coming in at 9% across UK private rents as a whole (down from 9.1% in the 12 months to November). We will share the ...
Hopes of interest rates coming down quickly this year appear to be fading amid rising taxes and economic uncertainty in the UK. Inflation may no longer be at double digits and the cost of living ...
Mounting pressure on civilian firms as Putin relies even more heavily on military and defence amid Ukraine war ...
Bank of England governor Andrew Bailey appeared before the Treasury committee on Wednesday along with other policymakers.
The employee-owned partnership which runs John Lewis department stores and the Waitrose supermarket chain said it was ...