Five-year rates have climbed to 5.41 per cent on average, according to finance site Moneyfacts, up from 4.97 per cent at the ...

The U.K. is set to report a headline inflation of 6.9% this year, according to the OECD, marking the highest such level among ...

A smaller-than-expected drop in UK headline inflation has left financial markets pencilling in higher interest rates, while spiralling food prices are piling on the agony for families struggling with ...

Britain remains on course to dodge a recession this year but growth will “flatline” as stubborn inflation and a tight jobs ...

British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails to deliver on his ...

Britain will have the highest inflation of any leading economy in 2023, according to forecasts from the Organisation for ...

According to the latest BRC-NielsenIQ calculations, people in the UK faced food price inflation of 15.4% in the first calendar week of May. In practice, the figures mean a food item that cost £1 a ...

U.K. Prime Minister Rishi Sunak is reportedly set to appeal to strong U.S. and U.K. military ties in his meeting with ...

The Bank of England’s top bosses admitted to MPs on Tuesday that it made errors in its forecasting of UK inflation, but governor Andrew Bailey insisted that inflation had “turned the corner”.

While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the highest price growth among Group of Seven economies. The Bank of England has ...

With inflation as high as it is, "there are benefits to having workers come in", the institute says.

Total retail sales increased by 3.9% last month, against a decline of 1.1% in May 2022, according to new data from the ...