“You have more inflation pressure in the system,” said Philip Shaw, an economist at Investec bank. “The UK labour market…
British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed…
Food prices grew for a third month in May, as the overall rate of inflation remained at 3.4%. Read More
Britain suffered a bigger-than-expected inflation surge in April, prompting investors to bet on the Bank of England slowing its already…
Worsening global outlook makes ‘gradual and careful’ approach on interest rates by Bank of England more difficult. Read More
The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista. Read…
Inflation has hit its highest level for eight months, will prices continue to rise at a faster rate? Read More
Stubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget. Read More
Economists say the faster pace of price rises all but rules out an interest rate cut next week. Read More
Today fresh UK economic data also reveals the UK economy shrank by 0.1% in October, the second such contraction in…