Inflation rises to 2.6% as fuel prices mount
The Consumer Price Index rose yet again in November as fuel costs increased, making an interest rate cut unlikely
The Consumer Price Index rose yet again in November as fuel costs increased, making an interest rate cut unlikely
Falling below expectations of a modest 0.1% increase, according to the ONS
Savers added £51bn to cash this year, but it could be a less attractive option now interest rates are falling
Industry commentators weigh in on inflation bounce
The Monetary Policy Committee voted 8-1 in favour of a 25 basis-point cut to 4.75%
Conditions appear ‘ripe for another rate cut’, according to industry commentators
The Bank of England and Federal Reserve are diverging
The Bank of England held interest rates after an uptick in inflation in August
Headline inflation may seem rosier, but August dealt ‘another headache’ for the BoE as inflationary pressures mount
Will the Federal Reserve and Bank of England agree to more interest rate cuts when they meet again this week?
Industry commentators weigh in on no GDP growth in July
Wage growth slows but unemployment rate decreases