Bigger than expected inflation jump worsens Bank of England dilemma
Bank torn between calls to cut interest rates to boost growth and need to damp down price rises UK inflation jumps higher than expected to 3.5% Business live – latest updates For households across Britain, April was an awful month. Rising energy bills, broadband costs and the sharpest
Read MorePace of UK interest rate cuts is too rapid, Bank of England chief economist says
Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts Business live – latest updates The pace of UK interest rate cuts has been “too rapid” at a time when pay packet increases remain strong and could fuel a
Read MoreUK inflation jumps higher than expected to 3.5% amid bills increase
Annual rise last month driven by higher payments for gas, electricity, water and transport in ‘awful April’ Analysis: Bigger-than-expected inflation jump worsens Bank of England dilemma Business live – latest updates Inflation in the UK jumped by more than expected last month to 3.5% – its highest rate
Read MoreBritons ‘hoarding cash amid economic uncertainty and fear of outages’
Households seeking safety net in time of global volatility, according to Bank of England’s chief cashier Britons are hoarding physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank of
Read MoreWho is calling the shots when it comes to UK wage levels: workers or bosses?
Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power When Eastbourne’s refuse collectors secured a huge 11% pay rise, increasing to 19% for the lowest paid, it seemed like worker power was back. It was early 2022 and
Read MoreNow is the time for de-escalation and a return to diplomacy: UK statement at the UN Security Council
Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the emergency UN Security Council meeting on Iran. HM GovernmentSource
Read MoreCompanies House celebrates 10 years of open data
The ground-breaking Find and update company information service was launched 10 years ago. Free access to Companies House data continues to support economic activity and corporate transparency, while new legislation underpin… HM GovernmentSource
Read MorePM call with King Abdullah II of Jordan: 22 June 2025
The Prime Minister spoke to His Majesty the King of Jordan Abdullah II this morning. HM GovernmentSource
Read MorePM call with the Sultan of Oman: 22 June 2025
The Prime Minister spoke to the Sultan of Oman, His Majesty Haitham bin Tarik al Said, this morning. HM GovernmentSource
Read MoreE3 leaders’ declaration on the situation in the Middle East / Declaration des dirigeants des E3 sur la situation au Moyen orient
E3 Leaders' Statement on the Middle East. HM GovernmentSource
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