The Bank of England's most recent interest rate hike could be the last as new survey data shows a sharp drop in inflation experienced at UK private sector businesses.
Read more … →Consumers continue to spend despite elevated inflation levels with new data revealing an increase in the volumes sold in UK stores amidst improving consumer confidence.
Read more … →Economists have reacted with surprise to data confirming the UK's inflation rate is rising, with most saying they cement a 25 basis point hike at the Bank of England on Thursday.
Read more … →It looks increasingly likely a hike will be voted through tomorrow.
Read more … →Recent data have confirmed that UK inflation and its underlying drivers are moderating but economists and markets remain split over what to expect from the Bank of England (BoE) next week…
Read more … →The Office for Budget Responsibility (OBR) no longer expects the UK to fall into recession in 2023 says UK Chancellor Jeremy Hunt.
Read more … →He is set to pull a big cuddly rabbit out of the hat for parents struggling with childcare costs.
Read more … →