UK Economy Narrowly Returns to Growth in November
The UK economy narrowly returned to growth in November, with real GDP increasing 0.1% due to a rise in...
Bank of England
Inflation Hits Eight-Month High Amid Rising Fuel and Clothing Prices
Inflation hits its highest level in eight months, reaching 2.6% in November, driven by rising fuel and clothing prices....
Inflation Surges to 2.3% Amid Rising Energy Costs
Inflation has surged to 2.3% in October, exceeding expectations, as revealed by the Office for National Statistics (ONS). This...
BoE Maintains Interest Rates at 5%, Aims for Inflation Control
In a recent decision, the Bank of England (BoE) chose to maintain interest rates at 5%, following a reduction...
UK Inflation Rises Amid Stagnant Food Prices
In a surprising turn of events, UK inflation has risen for the first time this year to 2.2%, surpassing...
BoE Cuts Interest Rates for First Time Since 2020 Amid Easing Inflation
In a surprising move, the Bank of England has cut interest rates for the first time in four years,...
Bank of England Maintains Interest Rates, Reduces Bond Purchases Amid Economic Concerns
In a surprising move, the Bank of England's Monetary Policy Committee (MPC) has decided to keep interest rates at...
Inflation Surprises with a Drop to 6.7% in August
Inflation rate drops to 6.7% in August, defying economist expectations, as food prices rise by less and accommodation services...
BoE Raises Interest Rates to 5.25% in Continued Effort to Combat Inflation
In a bid to combat inflation, the Bank of England has raised interest rates for the 14th consecutive time...
BoE Raises Interest Rate for the 12th Time to 4.5%
In a 7-2 majority vote, the Bank of England has raised interest rates for the 12th time in a...