Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture ...
The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
The inflation rate in the UK unexpectedly dropped to 2.50% in December ... The largest downward contribution to the monthly change came from restaurants and hotels; the largest upward contribution ...
The rate of UK inflation slowed to 2.5% in December ... Meanwhile, services inflation tracks price changes in the services sector, which accounts for around 80% of the UK economy.
UK inflation has decreased for the first time ... and monetary factors such as money supply and interest rate changes also play significant roles in shaping inflationary trends.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Every Tuesday we get an expert to answer your Money Problems. Today we hear from a reader whose company is passing down the ...
The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is ...
The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
The state pension rises every April under the triple lock mechanism, and experts have started to estimate what it could climb ...
However, it remains above the Bank's target of 2%, and changes in the Budget ... on price rises in the UK. The Bank moves rates up and down to try to control inflation, which measures the pace ...