Browsing: Inflation News
The Bank of England’s decision to hold interest rates at 5% reflects its cautious approach amidst the current economic landscape.Interest rates, previously cut for the first…
Gold prices have surged to unprecedented highs following the Federal Reserve’s decision to cut interest rates by 50 basis points. This move marks a significant shift…
The United States Federal Reserve has taken a decisive step by reducing interest rates by 50 basis points during its recent September meeting. This significant cut…
The British Independent Retailers Association (Bira) is advocating for a reduction in interest rates by the Bank of England. With inflation holding steady, this measure is…
The UK’s rate of consumer price inflation (CPI) remained at 2.2% in the year to August, unchanged from July, according to the latest data. The monthly…
The inflation rate in August remained stable at 2.2%, unchanged since July, maintaining a level slightly above the Bank of England’s target of 2%.Despite a decline…
The edtech sector is facing significant pressures due to external economic factors.Learning Technologies Group (LTG) reports a 12% drop in revenue amidst rising inflation and AI…
Vinci reported a second consecutive annual loss in the UK despite a significant increase in turnover, reaching £2.29 billion.The construction giant recorded a pre-tax loss of…
The Bank of England is grappling with increasing calls to reduce interest rates further as the economic landscape shows signs of weakening.With a noticeable decline in…
Logistics UK warns of inflation risks with potential fuel duty rise.Removing the fuel duty cut could raise costs for both businesses and consumers.Increased logistics costs may…
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