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The UK GDP fell 0.3% month-on-month as services output dropped for the first time since October 2024. However, sticky inflation and potentially higher oil prices could raise stagflation risks.
The British public's expectations for inflation over the longer term have risen in June to their highest since September 2022 ...
The race for the UK's Official Singles Chart Number 1 is incredibly tight this week, with a thrilling three-way battle unfolding at the top.
Britain spent around 108 million pounds ($147 million) a month on housing asylum seekers in hotels in 2024/25, not 1 billion pounds a month, contrary to online posts.
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LONDON (Reuters) -British retail sales volumes recorded their sharpest drop since December 2023 last month, as demand fell after shoppers splurged on food, summer clothes and home improvements the ...
Headline national CPI fell slightly to 3.5% y-o-y from 3.6% in the prior month. Friday’s print showed Japanese inflation remained largely on an uptrend, especially as recent increases in wages boosted ...
Meanwhile, the decision to keep rates on hold came as UK Consumer Price Index (CPI) inflation remained above the Bank’s 2% target level, coming in at 3.4% last month.
Furthermore, as the UK’s CPI remained well above the Bank of England’s ’s 2% target, GBP exchange rates remained afloat during mid-week trading.