UK inflation climbs to 3.4% as tobacco and airfares drive rising prices

Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

Are things going to get better for your finances?

It is a clear strategy ahead of local, Scottish and Welsh elections in May, driven in part by difficulties in boosting ...

Bank of England admits inflation bungle

Andrew Bailey said in 2023 that the central bank had ‘very big lessons to learn’ - Yui Mok/Reuters The Bank of England has ...
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KPMG UK Shares Insights on Inflation, Labor Market Trends Impacting Economy

KPMG UK has provided insightful analysis on public finances, inflation, and labor market trends, highlighting a mixed picture for the British economy.

Divergence Between Fed and BOE Would Push Up U.K. Inflation, BOE's Greene Says — 2nd Update

President Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being "too late ...

Bank of England's Greene Says She Is Still Worried About Inflation Pressures

LONDON, Jan 23 (Reuters) - ‌Bank ​of England ‌interest rate-setter Megan ​Greene said on Friday ‍she remained worried about ​signs ​of ⁠the pace of wage growth ahead and inflation expectations while a ...

Divergence Between Fed and BOE Would Push Up U.K. Inflation, BOE’s Greene Says

Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.

UK Consumer Confidence Rises Slightly Amid Ongoing Economic Concerns

British consumers this month turned their most confident since August 2024 as households became more positive about ...

Inflation Hits 3.4% As Bank Of England Mulls February Rate Decision

Concern Over Rising Prices Could Scupper Cut  Inflation rose by more than forecast in the 12 months to December, from 3.2% to 3.4%, wit ...

Morgan Stanley Adjusts BoE Rate Cut Forecast to March Following Inflation Data

Jan 22 - Morgan Stanley expects the Bank of England to deliver its next interest rate cut in March, scrapping its forecast ...

Morgan Stanley pushes BoE rate cut call to March from February after inflation data

Morgan Stanley expects the Bank of England to deliver its next interest rate cut in March, ​scrapping its forecast for a 25-basis-point February cut, ‌after data showed British inflation rose more ...