Staff absences due to the UK's fourth Covid wave meant businesses struggled in January, according to a regular monthly survey that also showed inflationary pressures continue to build.

January 24,2022

The newest member of the Bank of England's Monetary Policy Committee has urged her colleagues to take decisive action in the near-term to lean against inflation.

January 21,2022

Although retail sales fell by a far greater margin than the market was looking for, economists say the data are unlikely to prevent the Bank of England from raising interest rates again in February.

January 21,2022

Bank of England Governor Andrew Bailey told UK lawmakers he and colleagues remain concerned with the trajectory of UK inflation, and that they stand ready to act.

January 19,2022

Bank Rate could reach 1.25% by the end of 2022 says a leading independent economics research house.

January 18,2022

Prime Minister Boris Johnson staying in his job could pose greater economic ramifications than were he to depart, says a leading independent economic research house.

January 14,2022