Inflation fell less than expected in Britain last month, official figures show, as Andrew Bailey indicated the Bank of England will begin cutting interest rates this summer.

City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% ...

Unemployment across the UK increased 0.3% to 4.2% during the same period. Scotland also saw a 0.5% rise in the number of people in work, compared to a 0.5% drop in the UK as a whole. However, the ONS ...

Saving money over time is a must for most people who want to cover a large expense like putting a down payment on a new home or paying for a vacation. However, doing so can be a challenge.

Insurers charging rates similar to credit cards for monthly cover – Which? - Some home insurers are charging nearly 35% APR on monthly payments, the consumer group said.

But the Bank of England has held interest rates at 5.25% since August 2023. Now that the UK economy has entered recession, will rates soon start to fall? The CPI measure of inflation was at 3.2% ...

Bank of Scotland, Halifax, HSBC, Lloyds Bank,Nationwide Building Society and Santander were among the banks to say they did not charge interest ...

Price reductions narrowed but remained noticeable for buyers outside of Northern Ireland, Scotland, Wales and the North ... and policymaking operations tomorrow. The Bank of England can cut UK ...

UK inflation dropped to a fresh two-and-a-half year low in March on the back of a further easing in food prices, official figures have shown. The Office for National Statistics (ONS) said Consumer ...

April 18 (Reuters) - Britain's latest wage growth and services price inflation data is too high for the Bank of England to consider cutting interest rates, BoE policymaker ... Updated ago Climate ...

Interest rates have been on a steady climb since March 2022, as the Bank of Canada (BoC) aimed to bring inflation down to its target of 2%. There were early signs the plan was working ...