The Bank of England target is to keep inflation at 2%. With inflation well above that level, the Bank increased interest ...
Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 ...
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.
Rolling coverage of the latest economic and financial news, as UK economy grows faster than forecast in January-March quarter ...
Traders moved to price in an almost exactly 50% chance of a move next month -- a rare case of the markets and the BOE being ...
UK inflation dynamics are different to US. There has been some decoupling recently between UK and US market rate expectations ...
The U.K. economy has emerged from a technical recession as gross domestic product rose 0.6% in the first quarter, beating ...
UK Chancellor of the Exchequer Jeremy Hunt will need to raise taxes to meet his fiscal rules as weak growth and sticky ...
Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone ...
UK LMCs could demand that GP contracts ‘provide for an automatic uplift in funding to cover inflationary pressures’. At the ...