BoE Increases Interest Rates to 1.25% Amid Inflation Concerns and Economic Uncertainty
The Bank of England's Monetary Policy Committee has raised interest rates for the fifth consecutive time to 1.25%, as...
energy prices
Half of Businesses Face Price Increases Amid Rising Energy Costs
In a recent report by the Office for National Statistics, over half of businesses have experienced an increase in...
UK Economy Shrinks in March Amid Rising Costs
UK's economy shrinks 0.1% in March due to rising energy prices and cost of living; services sector takes the...
UK Consumers Face Higher Prices Amid Inflation Surge
Inflation in the UK continues to rise, with Shop Price annual inflation reaching 2.7% in April, according to the...
Footfall Improves in March but Storm Looms for Retailers, Warns Springboard
In March, footfall improved significantly compared to February, with high streets seeing a 30% increase in visitors compared to...
BoE Raises Interest Rates Amid Global Inflation Concerns and Ukraine Conflict Impact
In response to rising living costs and global economic turmoil, the Bank of England has increased interest rates to...
Inflation Hits 30-Year High at 5.4% in December
In a shocking revelation by the Office for National Statistics, inflation has soared to 5.4%, its highest rate since...