The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

The International Monetary Fund (IMF) has upgraded its forecast for UK economic growth this year, projecting a modest ...

Prices in the UK went up by 2.5% in the 12 months to December. It means inflation has been above the Bank of England's target for three months in a row. The Bank moves interest rates up and down ...

The rate of UK inflation fell to 3.4% in ... (OBR), which published its economic forecasts shortly after Hunt’s Budget, expects inflation to average out at 2.2% over 2024 as a whole.

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data on Wednesday showed, easing some pressure on the Labour government faced with economic unrest.

After peaking at 11.1% in October 2022, the rate of UK inflation has been slowing ... This included inflation forecasts for the next five years. Inflation (as measured by the Consumer Prices ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the ...

The Office for National Statistics said the rate of unemployment increased to 4.4% in the three months to November, up from 4 ...