Higher energy bills push UK inflation to 6-month high in October
Inflation in the U.K. has risen sharply to a six-month high in October. It's an increase that's set to cement market ...
BoE chief Andrew Bailey blames Budget and US election nerves for driving up UK borrowing rates... as he questions whether Trump will follow through on tariff threats
Andrew Bailey said the rise in the costs of servicing government debt - which also affects mortgage rates - had been partly a ...
Inflation hits 2.3% in October, driven by higher energy bills and housing costs
The rate of consumer price inflation (CPI) hit 2.3% in October, figures from the Office for National Statistics show ...
Retailers ‘right’ to warn of Budget job cuts, says Bank of England governor
The governor of the Bank of England, Andrew Bailey, said retailers were “right” to warn of sweeping job cuts as a result of ...
Bank of England chief insists retailers are right to warn of post-Budget job cuts
Bank of England governor Andrew Bailey has said retailers are right to warn the government of potential job cuts due to tax ...
Pound Sterling gains as hot UK inflation raise doubts over BoE dovish prospects
The Pound Sterling retreats after facing selling pressure above the round-level resistance of 1.2700 against the US Dollar.
Media Bites 20 November: UK inflation, farming protests, and Wegovy
The Bank of England said retailers were right to warn of job cuts UK inflation accelerated sharply back up to 2.3% in October ...
Shop bosses ‘right’ to warn of job cuts, says Bank of England governor
His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget ...
Money blog: Sharper than expected rise in inflation deals fresh blow to interest rate cut hopes
Inflation rose sharply to 2.3% in October. Much of the increase came from the 9.5% rise in the energy price cap. Read this ...
Investment Week20h
BoE's Andrew Bailey warns Budget tax hikes add 'uncertainty' for interest rate cuts
Bank of England governor Andrew Bailey has cautioned that tax rises in the Budget could cause “uncertainty” within the UK economy, leading to unpredictability about the future path of interest rate ...
Lidl boss warns retailers are ‘reeling’ after Budget tax raid
Lidl UK boss Ryan McDonnell said the discount brand was staring down the barrel of "tens of millions of pounds" in extra ...
Media Bites 20 November: farming protests, FDF report, Wegovy
The newspapers are full of colourful accounts of yesterday's protests in which 13,000 farmers took to the streets of ...