CPI is predicted to have risen to 2.6% in November, from 2.3% the previous month, according to a consensus of economists. The inflation level swung back above the Bank of England’s 2% target in October, largely because of household energy bills being pushed up as the price...
Teenage heroin addict ‘dying before the eyes’ of those seeking to care for him, court told November’s CPI figure “extinguishes any lingering hopes of an interest-rate cut on Thursday, while concerns over mounting inflation risks, including the recent spike in pay growth, mean that a Februa...
The article reports on the data released by the Office for National Statistics (ONS) about the increase in the consumer prices index (CPI) rate of inflation by 2.7 percent in October 2012 in Great Britain. The pressure of university tuition fees...
UK inflation has eased to 1.7%, dipping well below the Bank of England target for the first time since 2021.Thursday 17 October 2024 09:51, UK Inflation Interest Rates ShareThis is a modal window. Video UnavailableInflation dropping is expected to increase the likelihood of further...
Inflation rises beyond forecast Sky's Ed Conway breaks down the figures to explain why this may have happened. ShareThis is a modal window. Video UnavailableSky's Ed Conway breaks down the figures to explain why this may have happened.
LONDON (AP) — Inflation in the U.K. rose to its highest level in eight months during November, official figures showed Wednesday, a development that has cemented market expectations that the Bank of England will opt against cutting borrowing costs this
The UK’s rate of inflation jumped to 10.1 per cent in July, the first time it has registered a double-digit annual increase in more than four decades. Consumer price inflation, driven by higher food prices, rose from9.4 per cent in Juneto its highest level since February 1982. The double...
Households in the United Kingdom are continuing to feel the effects of inflation, with some 83 percent of adults experiencing an increase in the cost of living in March compared with around 62 percent in November, according to the Office of National Statistics. ...
Breaking news and top stories on UK inflation. In-depth analysis of the UK's inflation data and how inflation rates affect households, businesses and investors.
“February’s surprise increase in inflation will raise more concerns for households whose budgets are already stretched to their limits,” said George Dibb of the Institute for Public Policy Research, a progressive think tank. “With some of the biggest contributions to rising prices coming from ...