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UK inflation News

18 Dec 2024

UK Inflation Rises Further Above Bank Of England's Target In November

The increase, which took inflation further away from the Bank of England's target of 2 per cent, was in line with market expectations.

13 Jul 2023

Thousands Of Doctors In England Go On 'Longest-Ever Strike' Over Pay Rise

The British Medical Association, the doctors' union, has asked for a 35% pay rise to bring junior doctors' pay back to 2008 levels once inflation is taken into account.

05 Jan 2023

'Your priorities are my priorities': Rishi Sunak vows to halve UK's inflation

In a speech, Indian-origin UK PM Rishi Sunak promised to halve UK's inflation and reduce illegal migration.

05 Sep 2022

Liz Truss will face economic challenges, says ex-Indian envoy on new UK PM

Former High Commissioner of India to the UK said the new British Prime Minister will face a hard time with the economy of the country Liz Truss on Monday said she will take bold actions to get all of the UK through the tough times

17 Aug 2022

UK inflation hits 10.1% as cost of living continues to soar

The cost of living again soared in Britain. CPI reached 10.1%, ONS revealed. The Bank of England thinks this could push the UK into a recession.

British inflation

18 Oct 2016

British inflation records biggest jump in two years; highest since November 2014

British inflation recorded its sharpest jump in more than two years in September, even without any direct evidence of the weaker pound pushing up prices.

British inflation

18 Aug 2015

British inflation rate edges up from zero

"A smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation."

Britain inflation

14 Jul 2015

British inflation rate falls back to zero

Britain`s annual inflation rate turned flat in June from the previous month on the back of falling clothing and food prices, official data showed Tuesday.

Bank of England

17 Jun 2015

Bank of England warns of spillover risks from global rate rises

Bank of England policymakers warned this month Britain could be affected when other countries start to raise interest rates, but that the outlook for British rates hinged on domestic inflation.

British Unemployement

17 Jun 2015

British unemployment steady at 5.5%

The number of unemployed fell by 43,000 in the three months to April, the ONS added.

19 May 2015

UK inflation turns negative for first time since 1960

Britain`s annual inflation rate fell to minus 0.1 percent in April, from zero in March, turning negative for the first time since 1960, official data showed Tuesday.

Britain inflation

24 Mar 2015

British inflation hits zero for first time: Data

Britain`s annual inflation rate slowed sharply to zero in February for the first time on the back of falling prices for recreational goods, food and furniture, official data showed Tuesday.

Britain inflation

17 Feb 2015

British inflation hits record low

Britain`s annual inflation rate slowed to a record low of 0.3 percent in January on the back of plunging oil prices and lower food costs, official data showed Tuesday.

British inflation

16 Dec 2014

Sliding oil sends British inflation to 12-year low

The 12-month Consumer Price Index (CPI) dropped from a rate of 1.3 per cent in October, the Office for National Statistics said in a statement.

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