Tame UK inflation knocks BoE rate hike expectations UK inflation unexpectedly held steady last month, denting market confidence about a Bank of England interest rate hike next month and sending sterling to a 10-month low against the dollar. Business • 18 Jul 18
Tame UK inflation knocks BoE rate hike expectations UK inflation unexpectedly held steady last month, denting market confidence about a Bank of England interest rate hike next month and sending sterling to a 10-month low against the dollar. Business • 18 Jul 18
UK inflation cools to one year low in March UK inflation unexpectedly cooled to a one-year low in March, according to figures that may raise doubt over bets that the Bank of England will raise interest rates in May. Business • 18 Apr 18
UK inflation cools to one year low in March UK inflation unexpectedly cooled to a one-year low in March, according to figures that may raise doubt over bets that the Bank of England will raise interest rates in May. Business • 18 Apr 18
Bank of England keeps UK interest rates at 0.5% The Bank of England kept rates steady today but two of its policymakers unexpectedly voted for an immediate rate rise, in a statement that will boost investors' confidence that borrowing costs will rise in May. Business • 22 Mar 18
Bank of England keeps UK interest rates at 0.5% The Bank of England kept rates steady today but two of its policymakers unexpectedly voted for an immediate rate rise, in a statement that will boost investors' confidence that borrowing costs will rise in May. Business • 22 Mar 18
UK inflation falls to seven month low in February Inflation in the UK has fallen to its lowest level since July last year, handing some relief to cash-squeezed households as the impact of the Brexit-hit pound starts to disappear. Business • 20 Mar 18
UK inflation falls to seven month low in February Inflation in the UK has fallen to its lowest level since July last year, handing some relief to cash-squeezed households as the impact of the Brexit-hit pound starts to disappear. Business • 20 Mar 18
Sterling climbs after UK inflation beats expectations Sterling strengthened today as data showed British inflation unexpectedly stayed close to its highest levels in six years in January. Business • 13 Feb 18
Sterling climbs after UK inflation beats expectations Sterling strengthened today as data showed British inflation unexpectedly stayed close to its highest levels in six years in January. Business • 13 Feb 18
UK inflation sticks at near six year high in January UK inflation unexpectedly held close to its highest level in nearly six years in January, highlighting the challenge facing the Bank of England and reinforcing expectations of a rise in interest rates in May. Business • 13 Feb 18
UK inflation sticks at near six year high in January UK inflation unexpectedly held close to its highest level in nearly six years in January, highlighting the challenge facing the Bank of England and reinforcing expectations of a rise in interest rates in May. Business • 13 Feb 18
Bank of England sees rates rising sooner and higher The Bank of England said UK interest rates probably needed to rise sooner and by a bit more than it thought three months ago, after it raised its economic growth forecasts for Britain due to the strong global recovery. Business • 08 Feb 18
Bank of England sees rates rising sooner and higher The Bank of England said UK interest rates probably needed to rise sooner and by a bit more than it thought three months ago, after it raised its economic growth forecasts for Britain due to the strong global recovery. Business • 08 Feb 18
UK inflation falls in December from near six year high UK inflation has rolled back from a near six-year high, as falling price tags on clothes and toys helped ease the pressure on household finances last month. Business • 16 Jan 18
UK inflation falls in December from near six year high UK inflation has rolled back from a near six-year high, as falling price tags on clothes and toys helped ease the pressure on household finances last month. Business • 16 Jan 18
Bank of England says risk of disorderly Brexit reduced Last week's breakthrough in Brexit talks has reduced the risk of Britain leaving the European Union in a disorderly way, the Bank of England said today. Business • 14 Dec 17
Bank of England says risk of disorderly Brexit reduced Last week's breakthrough in Brexit talks has reduced the risk of Britain leaving the European Union in a disorderly way, the Bank of England said today. Business • 14 Dec 17
UK inflation surges to near six year high of 3.1% UK inflation unexpectedly jumped to a near six-year high, forcing the Bank of England to explain to the finance minister why the cost of living has surged. Business • 12 Dec 17
UK inflation surges to near six year high of 3.1% UK inflation unexpectedly jumped to a near six-year high, forcing the Bank of England to explain to the finance minister why the cost of living has surged. Business • 12 Dec 17
UK jobless rate stays at 42-year low - ONS UK unemployment remains at a 42-year low point, official data showed today - but wages growth remains far below the overall UK inflation rate, hurting workers' purchasing power. Business • 15 Nov 17
UK jobless rate stays at 42-year low - ONS UK unemployment remains at a 42-year low point, official data showed today - but wages growth remains far below the overall UK inflation rate, hurting workers' purchasing power. Business • 15 Nov 17
UK inflation steady at five-year high in October UK inflation unexpectedly held steady in October, wrong-footing the Bank of England and raising fresh questions about how fast the central bank will follow up on this month's interest rate hike. Business • 14 Nov 17
UK inflation steady at five-year high in October UK inflation unexpectedly held steady in October, wrong-footing the Bank of England and raising fresh questions about how fast the central bank will follow up on this month's interest rate hike. Business • 14 Nov 17
Sterling falls after Bank of England comments Sterling slipped below $1.32 for the first time in four days today after comments by Bank of England policymakers were interpreted by markets as broadly dovish. Business • 17 Oct 17
Sterling falls after Bank of England comments Sterling slipped below $1.32 for the first time in four days today after comments by Bank of England policymakers were interpreted by markets as broadly dovish. Business • 17 Oct 17
UK inflation hits five and half year high in September UK inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month. Business • 17 Oct 17
UK inflation hits five and half year high in September UK inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month. Business • 17 Oct 17
UK rate hike likely in 'coming months' if prices rise Bank of England policymakers said their first interest rate rise in over a decade was likely to be needed in the "coming months" if the economy keeps growing and inflationary pressures continue to build. Business • 14 Sep 17
UK rate hike likely in 'coming months' if prices rise Bank of England policymakers said their first interest rate rise in over a decade was likely to be needed in the "coming months" if the economy keeps growing and inflationary pressures continue to build. Business • 14 Sep 17
UK inflation jump pushes sterling higher The value of sterling jumped against both the dollar and euro today after UK inflation rose to its highest in five years. Business • 13 Sep 17
UK inflation jump pushes sterling higher The value of sterling jumped against both the dollar and euro today after UK inflation rose to its highest in five years. Business • 13 Sep 17
UK inflation hits more than 5 year high in August UK inflation hit its highest in more than five years in August as households paid more for fuel and clothing. Business • 12 Sep 17
UK inflation hits more than 5 year high in August UK inflation hit its highest in more than five years in August as households paid more for fuel and clothing. Business • 12 Sep 17
UK inflation jumps again in May British inflation unexpectedly jumped to its highest level in nearly four years in May, new figures show today. Business • 13 Jun 17
UK inflation jumps again in May British inflation unexpectedly jumped to its highest level in nearly four years in May, new figures show today. Business • 13 Jun 17
UK inflation hits highest level since 2013 in April British inflation rose to its highest level since September 2013 last month, according to official data that underlined a growing squeeze on households ahead of the June 8 national election. Business • 16 May 17
UK inflation hits highest level since 2013 in April British inflation rose to its highest level since September 2013 last month, according to official data that underlined a growing squeeze on households ahead of the June 8 national election. Business • 16 May 17
UK inflation holds steady in March - ONS UK inflation held steady in March due to the later timing of this year's Easter holidays which pushed down airfares, and a dip in global oil prices. Business • 11 Apr 17
UK inflation holds steady in March - ONS UK inflation held steady in March due to the later timing of this year's Easter holidays which pushed down airfares, and a dip in global oil prices. Business • 11 Apr 17
UK inflation shoots past Bank of England target UK inflation last month shot past the Bank of England's 2% target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices. Business • 21 Mar 17
UK inflation shoots past Bank of England target UK inflation last month shot past the Bank of England's 2% target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices. Business • 21 Mar 17
UK inflation hits highest since June 2014 on fuel UK consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound. Business • 14 Feb 17
UK inflation hits highest since June 2014 on fuel UK consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound. Business • 14 Feb 17
UK inflation unexpectedly falls from 1% to 0.9% UK inflation unexpectedly slipped back last month after smaller hikes in clothing and footwear prices, according to official figures. Business • 15 Nov 16
UK inflation unexpectedly falls from 1% to 0.9% UK inflation unexpectedly slipped back last month after smaller hikes in clothing and footwear prices, according to official figures. Business • 15 Nov 16
Fuel and higher air fares push UK inflation up UK inflation rose to a higher-than-expected 0.5% last month after fuel prices increased and the Euro 2016 football tournament helped drive up the cost of air fares, new figures show. Business • 19 Jul 16
Fuel and higher air fares push UK inflation up UK inflation rose to a higher-than-expected 0.5% last month after fuel prices increased and the Euro 2016 football tournament helped drive up the cost of air fares, new figures show. Business • 19 Jul 16
UK inflation down on cheaper air fares & clothes UK inflation fell in April for the first time since last September as air fares fell back and clothes shops cut prices on the high street, according to official figures. Business • 17 May 16
UK inflation down on cheaper air fares & clothes UK inflation fell in April for the first time since last September as air fares fell back and clothes shops cut prices on the high street, according to official figures. Business • 17 May 16