The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
In November, the Consumer Prices Index (CPI) came in at 2.6 per cent, where petrol, train travel, and live entertainment pushed up prices.
Prices in the UK went up by 2.5% in the 12 months to December. It means inflation has been above the Bank of ... measure is called the Consumer Prices Index (CPI), external, and the latest figure ...
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.
The latest drop in inflation is “not enough to calm fears” ahead of the slew of rising costs facing hospitality operators ...