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G7, OECD
UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
"This forecast is not particularly surprising given our priority for the last year has been to tackle inflation with higher interest rates," Chancellor Jeremy Hunt said.
UK set for weak growth and highest inflation in G7, OECD says
Britain's economy will grow slower this year and next than thought only a few months ago and it will suffer higher inflation than its peers, forecasts from the Organisation for Economic Co-operation and Development showed on Thursday.
UK set to lag peers on growth and suffer ‘sticky’ inflation, says OECD
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.
2h
If Tory hopes rest on the UK economy, they could go the way of the monasteries
Three key economic indicators loom large but none offer great hope for the Conservatives’ survival ...
Daily Express
8h
'I'm a savings expert - you should put your funds in this account to beat inflation'
A savings expert has urged people to consider opening a stocks and shares ISA to build up for their long-term financial goals ...
The Scottish Farmer
1d
UK agricultural inflation has fallen significantly since 2022
Although interest rates have eased, the consumer price index and overall food inflation, along with prices for most commodities, are expected ...
5d
Inflation in UK shops slows amid price cuts on clothes and shoes
Prices in non-food stores are lower in April than a year earlier as stores offload summer stock ...
4d
Top UK supermarkets record 97% profits as food inflation and cost of living batters Brits
MPs pointed out that supermarkets enjoyed a 97 percent profits bonanza in a year when food price inflation peaked at 19.1 ...
2d
on MSN
UK's service sector grows strongest since May 2023
This article discusses ETFs and currency exchange rates, specifically focusing on the performance and market trends related ...
MoneyWeek
5d
UK food price inflation rate ‘lowest level in two years’, British Retail Consortium finds
Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone ...
Yahoo Finance
2d
Best savings accounts that offer above inflation rates
While homeowners face higher mortgages, there is a silver lining in higher borrowing costs as consumers can now find
UK
...
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