Rate more than doubles to 1.3% in May and average property price rises to £264,249, Nationwide says Business live – latest updates UK house prices returned to growth in May amid signs of ma...
Central banks may not aim for such an outcome but will probably adjust interest rate decisions in a way that makes it more likely than deep recession Listening to central bankers, one would thi...
From unemployment to inflation, the key data the Tories and Labour must explain to voters Rishi Sunak’s slim chance of pulling off a victory against the odds in July’s general election depe...
Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait UK general election – latest updates News: Sunak calls election for 4 July ...
Service sector inflation, monitored closely by Bank of England, barely budged in April UK inflation falls by less than expected to 2.3% Which goods and services have changed most in price? Th...
https://www.theguardian.com/business/article/2024/may/22/uk-inflation-rate-drop-analysis
Drop in April is smaller than forecast but level is still lowest in almost three years Big drop in UK inflation disguises more disappointing details Which goods and services have changed most in...
With prices forecast to increase at their slowest pace since 2021, we look at the biggest risers in goods and services After three long years of feeling the pinch, UK consumers finally look lik...
Ben Broadbent says direct impact of Covid and Ukraine war on inflation has faded and BoE is waiting for longer-term effects to decline Business live – latest updates UK interest rates could ...
Younger homebuyers are turning to ultra-long loans, prompting fears over the risk to their finances and the wider economy For a long time the traditional length of a UK mortgage has been 25 yea...
https://www.theguardian.com/money/article/2024/may/13/25-year-uk-mortgages-loans-economy
MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence Jacob Rees-Mogg has accused the Bank of England of “miserable incompete...
GDP rose by 0.6% in first quarter of 2024 but forecasters expect economy to grow slowly this year Analysis: Boom-boom Britain it ain’t The UK is officially out of recession after figures sho...
https://www.theguardian.com/business/article/2024/may/10/uk-out-of-recession-gdp-economy
It seems just matter of time before the two MPC members already in favour of a cut are joined off Table Mountain Business live – latest updates Huw Pill, the Bank of England’s chief econom...
Policymakers say they want to see more evidence that price pressures are easing before reducing rates Business live – latest updates The Bank of England has signalled it could start cutting ...
Three key economic indicators loom large but none offer great hope for the Conservatives’ survival Tory MPs have been busy this past week and probably not found the time to watch Shardlake , ...
The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon It would come as a shock to most economists if the Bank of England opted to cut interes...
UK’s growth will be least in G7 by 2025, OECD expects, as low business investment and multiple pressures bear down UK will be worst performer in G7 next year, OECD forecasts A lack of skille...
Big economies such as the US must change fiscal policy as the realities of debt and inflation bite For more than a decade, numerous economists – primarily but not exclusively on the left – ...
https://www.theguardian.com/business/2024/may/02/higher-interest-rates-government-debt-us-inflation
For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds Consumer confidence is bouncing back in the UK, with people predicting a brighter financial fut...
Chain is winning market share from rivals but discretionary spend remains cautious, CEO Simon Roberts says Shoppers are beginning to spend more freely but it will take a cut in interest rates b...
Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year Business live – latest updates Lloyds Banking Group has suffered a 28% drop in first-quarter profits am...