Read Less Annual inflation, as measured by the Consumer ... low levels of below 1% for the last decade, as shown in the graph below. However, the Bank of England has increased interest rates ...

The BoE, which cut interest rates to 5% on Aug. 1, had expected inflation of 2.4% in August before rising to around 2.75% by the end of this year. The British central bank is due to announce its ...

British inflation sped up by more than expected to hit a 10-month high of 3 per cent in January and is likely to rise further soon, testing the Bank of England’s confidence that price pressures ...

(Reuters) -British equities closed lower on Wednesday, as investors trimmed their bets on the pace of interest rate cuts by the Bank of England following stronger-than-expected inflation data.

The British Broadcasting Corporation will continue to be financially supported by a tax on television-watching households in the United Kingdom through at least 2027, the country’s leading ...

LONDON (Reuters) - British inflation sped up to an annual rate of 3.0% in January from 2.5% in December, official figures showed on Wednesday. Economists polled by Reuters had pointed to a reading of ...

Core inflation, which excludes the energy, food, alcohol and tobacco, dropped to 3.2% from 3.6% in August. "Lower airfares and petrol prices were the biggest driver for this month's fall.

The British Pound held steady against the US Dollar as market participants assessed the latest economic data and geopolitical developments. UK core inflation rose to 3.7% in January, while ...

The number of British firms at risk of becoming 'zombie' companies has surged as high borrowing costs and inflation leave many unable to invest. A zombie firm brings in only enough cash to ...

(Reuters) -British equities closed lower on Wednesday, as investors trimmed their bets on the pace of interest rate cuts by the Bank of England following stronger-than-expected inflation data. The ...

UK retail price inflation fell to its lowest level in almost three years last month, the British Retail Consortium (BRC) has found. According to the trade body’s latest Shop Price Index ...