4 d. ago Hopes rise for interest rate cut after inflation falls – but experts warn relief may be short

The Bank of England have promised a “careful” approach to reducing the rate this year

Events

4 d. ago BREAKING: UK's economic forecast slashed to just 1% this year

The government’s tax and spending watchdog also predicted that inflation will average 3.2% this year, then fall to 2.1% in 2026 in a blow to the Chancellor Rachel Reeves

Economics

4 d. ago Odds of Bank of England interest rate cut strengthen after inflation falls to 2.8%

Bigger-than-forecast decline in annual rate in February is positive news for Rachel ReevesBusiness live – latest updatesThe odds of the Bank of England cutting interest rates in May have been strengthened after inflation cooled by more than forecast last month.In a boost for Rachel Reeves on the day of the chancellor’s spring statement, the Office for National Statistics said inflation as measured by the consumer prices index eased to 2.8% in February from 3% in January. Continue reading...

Economics

4 d. ago Why has inflation fallen and what does it mean for households?

Inflation fell to 2.8% last month, but economists have warned price rises could accelerate next month.

Economics

4 d. ago FTSE 100 LIVE: London stocks tepid as UK inflation falls ahead of spring statement

FTSE 100 LIVE: London stocks tepid as UK inflation falls ahead of spring statement  Yahoo Finance UK

Economics

4 d. ago Spring Statement 2025 LIVE: Inflation falls to 2.8% as Rachel Reeves prepares to unveil spending cuts

Chancellor Rachel Reeves will present her first highly anticipated spring statement to parliament on Wednesday.

Economics

4 d. ago Odds of May interest rate cut rise after UK inflation falls to 2.8% – business live

Rolling coverage of the latest economic and financial news, as pound dips after February’s inflation reportFurther benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementSterling is weakening a little, after UK inflation fell by more than expected this morning.The pound has lost nearly a third of a cent against the US dollar to $1.2915.The market reaction to this data has been minimal, as the focus remains on the Spring Statement later today.The pound has dropped slightly, but GBP/USD is down less than 20 pips so far on Wednesday, the bond markets are not open, but we think that UK Gilts will also have a mild reaction to this data. Continue reading...

Economics

4 d. ago UK inflation falls by more than anticipated, in a boost to the government ahead of a key statement

Official figures show price rises in the U.K. moderated by more than anticipated in February, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances

Politics

4 d. ago Rate of inflation falls to 2.8% amid high street fashion price war

Official figures in prices come just hours before the Chancellor’s Spring Statement

Economics

4 d. ago UK economy receives welcome boost ahead of Rachel Reeves' Spring Statement as inflation falls to 2.8%

The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National Statistics (ONS) said

Economics

4 d. ago Inflation falls to 2.8% in boost for Rachel Reeves ahead of spring statement

The chancellor is set to deliver her spring statement later on Wednesday

Economics

4 d. ago UK inflation falls to 2.8% ahead of Rachel Reeves’s spring statement – business live

Rolling coverage of the latest economic and financial news.Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementHere’s a chart showing the various price changes that pulled UK inflation down to 2.8% last month.Core inflation has also slowed in February, despite prices rising steadily in the services sector.“The Bank of England will be reassured by today’s fall in underlying inflation, with core inflation easing. We expect underlying inflationary pressures to fall further over the coming months. That will hopefully allow the MPC to look through the expected near-term increase in headline inflation and resume cutting interest rates in the upcoming May meeting.“Goods inflation fell to 0.8% in February, however ongoing trade frictions could push prices higher. With the potential imposition of tariffs, the cost of imported goods could increase, creating additional cost pressures for both businesse...

Economics

4 d. ago Brits' hopes of interest rate cuts are boosted as inflation eases to 2.8%

UK inflation eased by more than expected last month to 2.8 per cent, new official figures show, delivering a boost to Chancellor Rachel Reeves ahead of her spring statement.

Economics

3 w. ago Reeves warns trade war will harm UK’s economy even if it avoids tariffs

Chancellor says growth and inflation will be hit by fallout from global friction

Events

3 w. ago China's deflation dilemma signals bigger troubles ahead for its stalling economy

China is experiencing deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world. Cheaper prices can be a blessing for some, but deflation is a symptom of relatively weak demand and stalling economic growth

Events

3 w. ago Grocery price inflation holds steady amid warnings of rises later in year

Grocery price inflation has remained at 3.3% after falling from 3.7% in December – its highest level since last March, according to analysts Kantar.

Events

3 w. ago Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy

China's leaders are overseeing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world

Economics