UK hospitality closures slow down amid easing cost inflation - Official data showed a slower rate of hospitality firm ...
Prices in non-food stores are lower in April than a year earlier as stores offload summer stock ...
Food inflation is still a problem and core inflation, which strips out volatile food and energy prices, is not showing reliable signs of falling. Meanwhile, ...
Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle. In the US, UK, ...
Inflation is still running higher than the Bank of England’s target of 2% but the direction of the move appears clear.
British consumers kept a tight rein on their spending last month, according to surveys on Tuesday that showed tepid activity even after accounting for the timing of the Easter holidays. Barclays said ...
Although interest rates have eased, the consumer price index and overall food inflation, along with prices for most commodities, are expected ...
The Co-operative Bank now offers some of the lowest fixed rates for remortgage borrowers. Back in December 2021, the Bank of England’s base rate sat at 0.1%. Since then, it has increased 14 ...
The strikes testify to the determination of the drivers to oppose the erosion of their pay and conditions. But after almost ...
The Bank of England is expected to keep U.K. interest rates on hold later Thursday at the 16-year high of 5.25%, but a cut wouldn't be a huge surprise as inflation falls from multi-decade highs.