Bank of England expected to keep rates on hold on Thursday but renewed Iran conflict casts shadow over energy costsThe Bank of England could be forced to tear up its economic forecasts and raise interest rates later this year if...
Read MoreAnnual June figure comes after new PM pledges to reduce pressure on households and improve economyUK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living.The...
Read MoreAnnual June figure comes after new PM pledges to reduce pressure on households and improve economyUK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living.The...
Read MoreJuly update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries...
Read MoreFebruary annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflictThe UK inflation rate was unchanged at 3% in February, before Donald Trump’s Iran war drove up global energy costs,...
Read MoreMonthly GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cutBusiness live – latest updatesThe UK economy entered the Middle East crisis after a weak start to the year,...
Read MoreMarkets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflictIran war drives oil prices above $100 a barrelBusiness live – latest updatesUK interest rates are not expected to be...
Read MoreAfter 18 months of policy U-turns and political turmoil we are told not to expect any last-minute policy rabbitsPoliticians tend to hate being boring but Rachel Reeves will be delighted if Tuesday’s spring forecast is judged by...
Read MoreRecord public finances accompany stronger retail sales and business activity but some analysts express cautionThe economic backdrop to Rachel Reeves’s upcoming spring statement appeared to brighten on Friday after a trio of...
Read MoreUnion analysis finds consumers lag behind international peers as some rate-setters remain anxious about inflationThe Trades Union Congress is urging the Bank of England to cut interest rates and rekindle economic growth,...
Read MoreThe City expects a cut in interest rates on Thursday but the economic prospects for 2026 complicate the pictureIn the economic gloom of Labour’s first year in power, Rachel Reeves has had a reliable shred of comfort to cling to:...
Read MorePolicymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growthAnalysis: Bank of England’s decision to keep interest rates at 4% is not all doom and gloomThe Bank of England has opened...
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