The largest downward contribution came from transport while upward contributions came from food, and furniture and household ...

The latest inflation data comes on the eve of a Bank of England decision on interest rates when they are expected to be left ...

British finance minister Rachel Reeves said foreign investors should view Britain as an "oasis of stability" at a time of ...

Gold prices continue to struggle this week, with the precious metal unable to hold convincingly above the $3400/oz handle.

UK inflation was higher than expected in May, coming in at 3.4%, according to the Office for National Statistics (ONS). Most ...

An easing in air fare and fuel prices is largely offset by higher white goods and food costs, according to the latest ...

Most analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the ...

The inflation-fighters at the Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth ...

The ONS has published inflation data for the month of May, a day before the Bank of England's next interest rates decision.

Tice suggested “one or two” Treasury officials should sit on the monetary policy committee (MPC) to vote on interest rates.

THE UK’s rate of inflation fell slightly in May. The Office for National Statistics (ONS) said the Price Index (CPI) measured 3.4% in the 12 months to May. Core CPI (excluding ...

Inflation was higher than expected last month, official figures show, ahead of the Bank of England’s next interest rate ...