UK consumer price inflation falls to 10.5% in December British consumer price inflation fell to 10.5% in December from November's 10.7%, figures from the Office for National Statistics showed today. Business • 18 Jan
UK inflation falls to 10.7% in November Britain's inflation fell more sharply than expected in November to 10.7% from October's 41-year high of 11.1%, according to the official consumer prices data. Business • 14 Dec 22
UK inflation hits 41-year high of 11.1% Britain's annual rate of consumer price inflation rose to a higher than expected 11.1% in October, up from 10.1% in September, the Office for National … Business • 16 Nov 22
Food prices push UK inflation back to 40-year high Britain's annual rate of consumer price inflation inched higher to 10.1% in September, from 9.9% in August, the The biggest jump in food prices since … Business • 19 Oct 22
UK inflation falls for first time in nearly a year Britain's annual rate of consumer price inflation fell to 9.9% in August, down from 10.1% in July, the Office for National Statistics said on Wednesday. Business • 14 Sep 22
UK inflation to hit 18% in early 2023, Citi forecasts British consumer price inflation is set to peak at 18% - nine times the Bank of England's target - in early 2023, an economist at … Business • 22 Aug 22
Euro, sterling knocked by global growth worries Both the euro and sterling fell today as concerns resurfaced that interest rate hikes from major central banks to contain inflation run the risk of … Business • 22 Jun 22
UK inflation hits new 40-year high of 9.1% in May Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven … Business • 22 Jun 22
UK inflation hits 40-year high of 9% in April British consumer price inflation hit an annual rate of 9% in April, the highest since official estimates began in the late 1980s, data showed today. Business • 18 May 22
UK economy stumbles as consumers brace for downturn The UK economy is losing steam as households face a tightening cost-of-living squeeze, according to data published today which showed sliding retail sales and consumer … Business • 22 Apr 22
UK inflation jumps to 30-year high of 7% in March British consumer price inflation leapt to 7% in March, its highest since March 1992 and up from 6.2% in February, official figures showed today, intensifying … Business • 13 Apr 22
Morrisons warns of hit from Ukraine crisis, inflation Morrisons, Britain's fourth-biggest grocer and a major food producer, today warned its sales and core profit for the year could be hit by the crisis … Business • 04 Apr 22
UK inflation jumps again, hits new 30-year high of 6.2% British inflation hit a 30-year high of 6.2% last month, at the top end of expectations among analysts, according to data published today. Business • 23 Mar 22
UK public borrowing on track to undershoot forecast British public borrowing with just one month left in the current financial year was less than half its level from a year earlier, official data … Business • 22 Mar 22
UK inflation hits nearly 30-year high of 5.5% British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that … Business • 16 Feb 22
Omicron hit to UK economy less sharp than feared The UK economy rebounded in 2021 as gross domestic product grew by 7.5% following a 9.4% fall the previous year, according to new data from … Business • 11 Feb 22
UK housing boom fading as cost-of-living squeeze hits British house prices in January rose at their slowest monthly pace since June last year as a post-lockdown boom in the housing market started to … Business • 07 Feb 22
Irn-Bru maker raises prices due to soaring inflation The maker of Irn-Bru, the iconic orange Scottish soft drink, said today that it had increased its prices due to soaring inflation in Britain. Business • 01 Feb 22
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 22
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 22
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