Food and non-alcoholic beverages also contributed to the easing of inflation, with the annual rate falling to its lowest since June 2022. The Bank of England earlier this month left its benchmark ...

And in its latest monthly Regional Growth Tracker (RGT) update, the bank's Business Activity Index reveals that Gloucestershire and the South West region hit number one in the rankings for new work ...

Overall prices are now 0.6% cheaper than they were a year ago, down from August’s deflation of 0.3%, according to the ...

The UK's economic growth for the second quarter of 2024 was revised down to 0.5%, lower than the initial estimate of 0.6%.

GBP/USD entered a bullish consolidation phase between 1.3435 and 1.3250, sitting at fresh 30-month highs as the monetary ...

The Bank of England (BoE) decided to hold interest rates ... inflation stays low" and for that "we need to be careful not to cut [rates] too fast or by too much". The decision comes one day after ...

There has been no change to the UK interest rate ... from the Bank are for inflation to rise again, reaching 2.5% by the end of the year. How did we get here? Interest rates were brought to ...

after the latest UK inflation figures remained stubbornly high. The nine rate-setters on the Bank’s Monetary Policy Committee (MPC) voted 8-1 to keep the base rate unchanged at 5 per cent ...

Earlier this week, markets were predicting a 40 percent chance of a rate cut but today's inflation data has reduced the probability. !UK inflation held steady at 2.2 percent in August, but core ...

As a result, the UK’s inflation rate has fallen from a high of 11.1% in October 2022 to 3.2% in March 2024. The figure for April will be released on 22 May.

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation ... Bank Rate at 5%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 4.75%. The Committee voted ...