Trends - UK inflation - Business Recorder

Business & Finance

BoE’s Greene says price pressures still too high, inflation expectations rising

LONDON: Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were...

Published 12 May, 2025 05:50pm

Business & Finance

BoE’s Greene says US tariffs likely to put downward pressure on UK inflation

Britain is more likely to see lower than higher inflation as a result of US President Donald Trump’s tariffs, Bank...

Published 22 Apr, 2025 02:16pm

Print

UK inflation dips

LONDON: Britain’s annual inflation rate unexpectedly fell to 2.5 percent last month, official data on Wednesday...

Published 16 Jan, 2025 03:04am

Business & Finance

UK inflation unexpectedly falls, core price measures slow by more

LONDON: British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank of...

Published 15 Jan, 2025 12:34pm

Business & Finance

UK grocery inflation rises to 2.6%, says Kantar

LONDON: British shoppers faced increased pressure on their budgets last month after grocery price inflation edged...

Published 10 Dec, 2024 02:29pm

Print

UK inflation slowdown unlikely to shift vote, rate outcomes

LONDON: Britain’s inflation rate has slowed to a near three-year low, official data showed Wednesday, but the ...

Published 20 Jun, 2024 06:01am

Markets

FTSE nudges lower for week after record run

LONDON: London’s FTSE 100 ended the day and the week slightly lower on Friday, pausing after a run of record highs...

Published 20 May, 2024 05:44am

Business & Finance

UK inflation slows to 3.4% in February

LONDON: British consumer prices rose by a slightly weaker-than-expected 3.4% in annual terms in February, slowing...

Published 20 Mar, 2024 01:31pm

Markets

European shares rise as soft UK inflation boosts sentiment

European shares edged higher on Wednesday as a softer-than-expected UK inflation boosted hopes of imminent...

Published 14 Feb, 2024 02:44pm

Business & Finance

UK inflation holds at 4.0 percent in January: data

LONDON: Britain’s annual inflation rate remained unchanged in January from the previous month, confounding...

Published 14 Feb, 2024 01:13pm

Print

UK inflation in shock rise, dashing rate cut hopes

LONDON: British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an ...

Published 18 Jan, 2024 05:54am

Business & Finance

UK inflation rate rises to 4% in December

LONDON: Britain’s annual rate of consumer price inflation rose for the first time in 10 months in December,...

Published 17 Jan, 2024 12:27pm

Business & Finance

Dollar little changed on MLK Day

LONDON: The dollar was little changed on Monday in cautious during a US public holiday, while risk-sensitive ...

Published 16 Jan, 2024 05:44am

Markets

FTSE 100 touches near 7-month high

LONDON: British equities jumped on Wednesday as investors cheered a surprise drop in domestic inflation, which...

Published 21 Dec, 2023 03:54am

Business & Finance

Dollar higher as big UK inflation drop hits pound

NEW YORK: The dollar strengthened against the pound on Wednesday after data revealed sharply falling UK inflation,...

Published 21 Dec, 2023 03:54am

Business & Finance

UK inflation falls sharply, relieving pressure on PM Sunak

LONDON: UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and...

Published 15 Nov, 2023 01:35pm

Markets

India to take medium-term view to curb inflation

BENGALURU: India will take a medium-term view to intensify efforts to ease inflation pressures and avoid any...

Published 17 Aug, 2023 10:28am

World

UK PM Sunak commits to triple-lock pension policy despite inflation

LONDON: British Prime Minister Rishi Sunak said he was committed to the government's mechanism for increasing state...

Published 16 Aug, 2023 11:03pm

Print

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

Markets

Sterling takes a beating; dollar gains ground

SINGAPORE: Sterling was struggling to recover from a sharp fall on Thursday following UK inflation data that...

Published 20 Jul, 2023 09:26am

Business & Finance

Dollar gains as pound tumbles on cooling UK inflation

NEW YORK: The US dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists...

Published 20 Jul, 2023 03:12am

Markets

UK inflation rate falls to 7.9% in June

LONDON: British annual consumer price inflation fell to a lower than expected 7.9% in June, figures from the Office...

Published 19 Jul, 2023 12:11pm

Markets

UK’s Hunt: Still a long way to go in battle against inflation

LONDON: British finance minister Jeremy Hunt said there was still a long way to go to reduce inflation towards...

Published 19 Jul, 2023 12:08pm

World

UK food price inflation to be 9% in December, industry researcher cautions

LONDON: Food price inflation in Britain will decline through the balance of 2023 but will still be about 9% in...

Published 13 Jul, 2023 06:07pm

Print

BoE hikes rate half-point as high inflation persists

LONDON: The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle...

Published 23 Jun, 2023 06:00am

Markets

European stocks steady, pound drops as UK inflation surprises

LONDON: European stock markets steadied and the pound dropped Wednesday as traders reacted to news of...

Updated 21 Jun, 2023 04:02pm

Business & Finance

UK inflation rate unchanged at 8.7% in May, contrary to forecast fall

LONDON: British consumer price inflation was unchanged at 8.7% in May compared to April’s data, contrary to...

Published 21 Jun, 2023 12:21pm

World

UK PM Sunak: It's on me personally to meet pledge to halve inflation

WASHINGTON: British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails ...

Published 07 Jun, 2023 10:56pm

Print

IMF says UK economy to grow this year in big U-turn

LONDON: The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth...

Published 24 May, 2023 05:57am

World

UK finance minister Hunt: inflation above 10% is destabilising

LONDON: British finance minister Jeremy Hunt said on Wednesday that inflation running above 10% was destabilising ...

Published 19 Apr, 2023 11:48pm