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In the autumn of 2022, energy prices reached record highs – threatening another 80 per cent hike in the price cap. This would have taken typical bills to almost £4,000, had the government not ...

Tepid growth across British businesses edged up at the start of 2025 but employment and optimism contracted again and price ...

The Office for National Statistics said the rate of unemployment increased to 4.4% in the three months to November, up from 4 ...

US and UK inflation eased last month, boosting bond prices and increasing interest-rate cut expectations. The US core ...

Growth divergences persist and could widen, while policy shifts may reignite inflation pressures in some countries ...

However, Scotland and Northern Ireland saw increases in house prices. In comparison, average house prices in England fell by ...

LONDON — Inflation in the U.K. unexpectedly fell in December, a move that has bolstered expectations that the Bank of England will cut interest rates again next month and relieved some pressure ...

The UK economy grew for the first time in three months in November as GILTs and inflation showed signs of cooling off. After facing pressure over Britain’s finances from economic heavyweights such as ...

The sharp drop in services inflation was driven by erratic factors, and will likely bounce back somewhat next month. But Rob Wood, chief UK economist at Pantheon Macroeconomics, said the fall ...

“The combination of weaker-than-expected inflation and economic growth means an interest rate cut in February is now a sure bet”, said Thomas Pugh, an economist at RSM UK. The Bank’s primary ...

The Office for National Statistics said Wednesday that inflation, as measured by the consumer prices index, was 2.5% in the year to December, largely as a result of easing price pressures in the ...