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UK inflation

Fresh nationwide rail strikes hit UK

Fresh nationwide rail strikes hit UK

LONDON: Around 40,000 British railway workers staged a walkout on Wednesday, a month after the largest strike in 30...
Published 28 Jul, 2022 04:41am
UK shopper numbers fell 3.4pc last week as reopening surge waned
World

UK shopper numbers fell 3.4pc last week as reopening surge waned

  • It said shopper numbers, or footfall, fell 0.8% from the previous week on high streets, 3.5% in retail parks and 8.4% in shopping centres.
  • Footfall last week was 19.9% below the 2019 level, noticeably better than the previous peak of down 25% at the end of August 2020.
Published 26 Apr, 2021 04:59pm
Jump in UK inflation to put focus on BoE policy splits
World

Jump in UK inflation to put focus on BoE policy splits

  • Economists see UK inflation at 2.5% by late 2021 from 0.7% now.
  • Oil and one-off effects will lift UK prices through the year.
  • Soft jobs market to keep BoE away from raising rates this year.
  • BoE officials divided over how fast labour slack will dry up.
  • BoE's Haldane fears past deflationary forces poised to reverse.
Published 22 Mar, 2021 08:16pm