The UK’s inflation rate remained at 6.7% in September, defying earlier predictions of a slight decrease. This rate is the highest among major advanced economies and sustains the possibility of… read more →
British inflation shows little sign on cooling, according to new reports released Tuesday afternoon. British shop inflation reached new record highs this month, though food price increases cooled slightly in… read more →
World food prices fell in January for a 10th consecutive month and are now down nearly 18% from a record high last March following Russia’s invasion of Ukraine, according to… read more →
Financial institutions are bullish on growth despite growing fears of a worldwide recession, according to new research from Swiss and Spanish stock exchanges operator SIX. The global Future of Finance… read more →
New research from Allianz Trade shows that reducing non-tariff barriers to trade could lower inflation by 4.5 percentage points (pp) in the EU and by 2pp in the US. Nearly… read more →
Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.
Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989.
Eurozone inflation hit a record high in December 2021, as soaring energy prices continue to put pressure on consumers, highlighting the risks of the green energy transition.
A new survey has found that the UK’s post-pandemic recovery is losing momentum, as inflation worries spread and business sentiment turns negative.
The Bank of England (BoE) has raised its benchmark interest rate from 0.1% to 0.25%, in its first rate hike since August 2018.
The UK’s consumer prices index (CPI) rose to 5.1% last month, hitting its highest level in a decade.
New surveys on both sides of the Atlantic have found that the vast majority of businesses are struggling with inflation, and many are already passing on price hikes to consumers.
The Bank of England has surprised investors today by voting against a rise in its benchmark interest rate, which would have been its first since August 2018.
A new report by Euler Hermes has found that the UK economy is “trapped by policy choices” going into the end of 2021 and beginning of 2022.
British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.