British inflation has risen steadily since touching a three-year low of 1.7% last September, and in May the Bank of England forecast it would peak at 3.7% in September - almost twice the central bank's 2% target.
1 min read16 Jul 2025While his campaign references to cost-of-living pressures helped the US president win the White House, he now tends to change the topic whenever it’s brought up. Tariff talk has trumped price talk.
4 min read16 Feb 2025A consumption-driven recovery in the UK could set off a renewed bout of inflation, but more interest rate cuts are likely as prices are “moving in the right direction,” Bank of England policymaker Megan Greene said.
2 min read1 Oct 2024Taylor Swift's Eras Tour in the U.K. is boosting consumer spending, potentially delaying a Bank of England interest rate cut. Analysts predict a cut in August, but Swift's impact on inflation data could affect the timeline.
2 min read15 Jun 2024UK inflation rate fell less than expected last month as economists predicted 3.1% inflation rate for the month, AP reported.
1 min read17 Apr 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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