Bank of England to raise rates again in February The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of target and the economic threat ... Business • 21 Jan
UK house prices rise by an annual 10% in November - ONS UK house prices surged by 10% annually in November 2021, official figures have shown, accelerating from 9.8% growth in October. Business • 19 Jan
Bank of England ups rates as inflation pressures mount The Bank of England today became the world's first major central bank to raise borrowing costs since the coronavirus pandemic hammered the global economy last ... Business • 16 Dec 21
UK inflation jumps to 10 year high of 5.1% British consumer price inflation surged to an annual rate of 5.1% in November, its highest since September 2011, up from 4.2% in October, official figures ... Business • 15 Dec 21
European gas prices surge on Russian pipeline setbacks European gas prices surged again today after a delay in the approval process for a major new pipeline from Russia, which German government sources said ... Business • 17 Nov 21
UK inflation hits 10-year high in October British inflation surged to a 10-year high last month, according to data today that will bolster expectations that the Bank of England will raise interest ... Business • 17 Nov 21
UK inflation declines unexpectedly in September British inflation slowed unexpectedly last month but the decline was probably only a temporary respite for consumers and is unlikely to deter the Bank of ... Business • 20 Oct 21
UK inflation rockets to 3.2% in biggest jump on record British inflation hit a more than nine-year high last month after the biggest monthly jump in the annual rate in at least 24 years, official ... Business • 15 Sep 21
UK inflation jumps to 2.5% in June British inflation rose further above the Bank of England's target in June when it hit 2.5%, up from 2.1% in May, official data showed today. Business • 14 Jul 21
Bank of England sees inflation peaking at over 3% The Bank of England increased its forecast for inflation to rise further above its 2% target, saying it was now likely to peak above 3% ... Business • 24 Jun 21
UK inflation rises above Bank of England target in May British consumer price inflation jumped to 2.1% in May, above the Bank of England's 2% target and its highest since July 2019, official figures showed ... Business • 16 Jun 21
UK inflation more than doubles to 1.5% in April UK consumer price inflation more than doubled in April to stand at 1.5%, up from 0.7% in March, official figures showed today. Business • 19 May 21
UK inflation rises to 0.7% in March British consumer price inflation rose to 0.7% in March from 0.4% in February, reflecting higher fuel and clothing prices, official figures showed today. Business • 21 Apr 21
UK inflation rate unexpectedly drops in February UK inflation unexpectedly fell last month, reflecting the biggest annual drop in clothing prices since 2009 and cheaper second-hand cars, toys and computer games Business • 24 Mar 21
UK inflation rises to three month high of 0.7% - ONS British inflation rose a little more than expected in January as the country went back into a coronavirus lockdown, pushed up by higher food prices ... Business • 17 Feb 21
UK inflation up on travel costs in December British inflation gathered speed in December as a temporary easing of Covid-19 travel restrictions helped to push up air and sea fares and a rise ... Business • 20 Jan 21
Black Friday sales help to drive down UK inflation British inflation fell by much more than expected in November, possibly reflecting Black Friday discounts as clothing and footwear prices dropped sharply, official data showed ... Business • 16 Dec 20
UK inflation up more than expected in October British inflation picked up by a little more than expected in October, pushed higher by prices for clothing and footwear and food as coronavirus restrictions ... Business • 18 Nov 20
UK inflation falls but by less than expected in August The UK's restaurant subsidy scheme to support the hospitality sector through the Covid-19 pandemic helped to push the country's inflation rate down to its lowest ... Business • 16 Sep 20
UK inflation jumps unexpectedly in July to 1% British inflation jumped unexpectedly last month to its highest rate since March, as clothing stores refrained from their usual summer discounts as they reopened after ... Business • 19 Aug 20
Lockdown computer gaming helps fuel UK inflation rise British inflation rose unexpectedly last month, spurred by rising prices for in-demand computer consoles during the coronavirus lockdown, as well as clothing, official data showed ... Business • 15 Jul 20
UK inflation drops to 4-year low as oil prices slump British inflation fell to its lowest level since June 2016 last month as the coronavirus pandemic sucked demand from the global economy and caused oil ... Business • 17 Jun 20
UK inflation falls as shoppers turn cautious in crisis The UK inflation rate dropped in March when oil prices tumbled and the coronavirus crisis escalated, official data showed today, with a fall in clothing ... Business • 22 Apr 20
UK inflation slows on falling petrol prices British inflation fell in February, before the coronavirus crisis hit the country, and economists predict a further sharp fall in the next couple of months ... Business • 25 Mar 20
UK inflation hits more than three-year low UK inflation sank unexpectedly to a more than three-year low in December as hotels slashed prices, ramping up expectations that the Bank of England will ... Business • 15 Jan 20
