bank of england

Big spike: UK inflation hits 18-month high; pressure mounts on Starmer government as US tariff threat looms

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British inflation increased unexpectedly in June. It reached an 18-month high. The Consumer Prices Index rose to 3.6 percent. Motor fuel and food prices mainly ...

UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions

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The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict’s impact. This conflict could involve the United States, ...

UK inflation hits 3.5% in April amid soaring household bills and tax pressures

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Britain faced a sharp rise in inflation in April. The Consumer Prices Index increased to 3.5 percent. This is up from 2.6 percent in March. ...