The Bank of England target is to keep inflation at 2%. With inflation well above that level, the Bank increased interest ...
Bank of England says - The Bank previously believed that inflation would briefly fall back to target briefly this quarter, ...
UK inflation is currently 4% a year, with the Bank Rate of 5.25% unchanged since last August. There is little expectation of a Bank Rate cut this month, especially given today’s figures from the US.
UK interest rates kept the same but Bank of England ‘optimistic’ about cuts - The central bank voted to hold rates at 5.25% ...
UK inflation dynamics are different to US. There has been some decoupling recently between UK and US market rate expectations ...
A cut in interest rates could come as soon as this summer as the central bank forecast that inflation would drop to its 2 ...
UK Chancellor of the Exchequer Jeremy Hunt will need to raise taxes to meet his fiscal rules as weak growth and sticky ...
The UK is on course for “sluggish” growth that will lag most of its G7 peers, alongside a higher rate of inflation, according to a downbeat economic prognosis ahead of Thursday’s local elections.
UK LMCs could demand that GP contracts ‘provide for an automatic uplift in funding to cover inflationary pressures’. At the ...
Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone ...
LONDON (Reuters) - British property surveyors expect an increase in property sales later this year, despite an ongoing drag ...
Prices in the UK rose by 3.2% in the year to March 2024, the lowest rate since September 2021. However, this remains above the Bank of England's 2% inflation target, and the Bank is not expected ...