The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...

The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members ...

THE UK’s rate of inflation has slowed in a boost for the government – we reveal what it means for your money. The Office for ...

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

Prices increased by 2.5% on an annual basis in December, down from 2.6% in November. Full coverage from the team at MoneyWeek ...

Most importantly, the market is clearly concerned about the outlook for UK inflation in the wake of the Budget. The fear is that stubborn inflation will slow the pace of interest rate cuts ...

UK inflation unexpectedly dipped in December for the first time in three months as hotel prices fell and tobacco costs eased.

The UK government sets a target inflation rate of 2% ... as shown in the graph below. However, the Bank of England has increased interest rates on 14 occasions since December 2021.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

UK pay after inflation has risen ... Despite a risk of higher wages pushing up inflation, the Bank of England is still expected to cut interest rates next month. Rates are currently at 4.75% ...

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