Chancellor has been pushing cabinet ministers to find ways to reduce financial pressure on households ahead of Budget ...

British grocery inflation slowed to 4.7% in the four weeks to November 2 as grocers ramped up Christmas promotions, industry ...

Interest rates were held at 4% in a tight vote as the Bank of England said it judged inflation in the UK to have peaked.

Inflation in the U.K. has unexpectedly held steady in the year to September, according to official figures released Wednesday. The Office for National Statistics reports consumer prices rose by ...

Sterling edged up versus the dollar and euro on Wednesday after data showed inflation in Britain at a nearly 30-year high, ...

UK CPI inflation came in at 3.8% for September, unchanged from the previous month, with analysts having forecast a reading of 4%. Follow our live coverage for the latest reaction and the implications ...

LONDON (Reuters) -British inflation unexpectedly held steady in September, raising the prospect of a Bank of England interest rate cut this year and offering some relief to finance minister Rachel ...

Pantheon Macroeconomics expects the UK economy to grow 0.2% in Q3, citing firm activity data and improving sentiment. “GDP and retail sales have held up better than feared,” the firm said. “The flash ...

LONDON (Reuters) -Britain's inflation rate looks set to hit 4% in September in data due for release on Wednesday, the highest among the world's big rich economies and double the Bank of England's ...

UK interest rates are widely expected to be kept at 4% but Bank of England policymakers are "deeply divided" about the threat of inflation, economists say.

The Bank of England's base rate reached a recent high of 5.25% in 2023, but five cuts since August 2024 have brought it down ...