Tag: inflation news
Massive relief for Rachel Reeves as UK inflation drops to 3.2%
The fall piles pressure on the Bank of England to cut interest rates. …
UK inflation drops to 3.6% in huge relief for Rachel Reeves
Most economists thought the rate of inflation would have slowed to 3.5% in October, from 3.8% in September. …
UK shop price inflation hits 1.4% as Rachel Reeves’ Budget drives up costs
British households “bear the consequences” of Rachel Reeves’s Budget decisions. …
UK April inflation figure overstated after ‘error’ as ONS makes admission
The Office for National Statistics has released a statement explaining what went wrong. …
Bank of England warned rate cuts could unleash new inflation nightmare
Inflation jumped to 3% in January – higher than expected – and could climb to 4% or more …
Bank of England chief issues fresh inflation ‘risk’ warning to millions of Brits
Increased uncertainty suggests that the Bank is likely to reduce interest rates more gradually, the policymaker cautioned. …
UK inflation drops to 2.5% but expert issues dire warning – ‘not for long’
The Office of National Statistics has released the latest inflation figures. …
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves. …
Warnings of 3% inflation throw Bank of England calculations in the air
The Bank of England’s Monetary Policy Committee uses interest rates to put a brake on the nation’s spending. …
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The news will be a blow to home buyers and anyone looking to remortgage. …
