Interest rates are rising again – to 4.5% – the highest level in 15 years. (Subscribe to: The Bank of England said today that it is...
Britons must stop asking for pay rises to stop inflation, Bank of England economist Huw Pill says. But even with an average wage increase of 5.9%,...
Britain has the highest inflation rate in Western Europe. The increase in the cost of food last month resulted in an inflation rate of 10.1%, only...
The wave of public sector strikes is also hitting the UK economy, which faded last month. Despite the construction industry’s decent performance – the Office for...
Many economic experts predicted that the UK would plunge into recession in the second half of last year. Recent data shows they were wrong. But only...
The Bank of England may be sounding a little gloomy about the economy today: it predicted that the recession will end sooner than expected and that...
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