All news on the topic: Inflation

Chancellor Rachel Reeves has been criticized by the Tories as "out of her depth" after inflation figures rose to 3%, nearly the highest level in almost 10 months.

The growth of UK wages has accelerated for three consecutive months, it emerged on Tuesday, as official figures revealed that unemployment remained steady at 4.4 percent.

The United Kingdom is facing £24 billion in tariffs after President Donald Trump signed a comprehensive reciprocal tariffs deal targeting the trading partners of the United States in his latest executive order.

Millions of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates.

The Bank of England has halved its growth forecast for this year in a blow to the government.

The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have continued to rise.

The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.

Inflation increased to 2.3% in October after a jump in energy bills.

Bigger than forecast annual drop to 1.7% in September puts pressure on Bank of England to cut interest rates

British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation pressures in the economy are easing.

The Bank of England should be on the guard against the potential inflationary impact of Labour’s inflation-busting public sector pay deals, according to economists.

Annual rate in July climbs back above Bank of England target of 2%, ONS figures show

A major mobile and broadband network has revealed the exact amount your bills will rise by next April.

UK inflation held steady in June despite hotel prices rising strongly, according to the latest official figures.

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4’s UK election, but the prospect of a future rate cut moved closer as some policymakers said their thinking was now "finely balanced".

The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.

Drop in April is smaller than forecast but level is still lowest in almost three years

The 0.6 percent growth was stronger than analysts had expected.

Governor Andrew Bailey opens the door to a first rate cut in June, but warns it’s “not a fait accompli”.

Post-Brexit checks will add more than £330m to annual business costs and 0.2% to food inflation over three years, the government admitted.

Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless

Predictions for when Bank of England will start lowering cost of borrowing pushed back

Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says Allianz Trade

A senior industry source said Asda deliberately undercut rivals by at least 1p on fuel to lure shoppers in

Plus two high street giants are cutting down their number of stores