British Retail Consortium says rate fell from 15.7% to 15.4% even as rise in overall shop prices hits fresh high ...

British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although ...

Corporate distress caused by inflation and rising interest rates is set to spread from smaller to larger UK companies, ...

Britain's Treasury chief said he would be prepared to see the U.K. economy slip back into recession if further interest rate ...

Reports have surfaced recently that the UK Government is in discussions with retailers of a potential price cap.

British inflation fell in April but by less than expected and it remains above the rate of price growth in the United States ...

LONDON, May 24 (Reuters) - Britain's stubbornly high inflation rate fell by less than expected last month and a closely ...

Jeremy Hunt, the Treasury chief of Britain, is prepared to see the U.K. economy slip into a recession if it means bringing down inflation.

Official figures show that inflation in the U.K. has fallen to its lowest level since the immediate aftermath of Russia’s ...

UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation, even if it causes ...

Inflation is the term that’s used to describe the increase in prices over time. The UK government sets an inflation target of 2% which the Bank of England is tasked with maintaining using ...

British finance minister Jeremy Hunt stressed Friday that his Conservative government's priority was tackling high inflation, even at the expense of a recession.