Britain's economy grew faster than expected in February, as the services and manufacturing sectors picked up after recent ...

Inflation in February unexpectedly slowed to 2.8% after a surprise jump to 3% in January, but expectations of a spike towards the end of the year are still lingering. The headline figure of ...

The UK Consumer Prices Index (CPI ... £5bn of new costs which hit the industry in April. Food inflation has jumped significantly in recent months and is forecast to hit 5% by the end of 2025 ...

The latest figures mean the cost of living is still rising for households across the U.K. — and inflation remains above the Bank of England’s 2% target — but at a much slower rate than in recent years ...

Read Less Inflation ... Interest rates in the UK have been at historically low levels of below 1% for the last decade, as shown in the graph below. However, the Bank of England has increased ...

The UK’s annual ... and with it core inflation above target. There was some hope that this would moderate further, but that looks increasingly less likely given the recent wage data releases.” ...