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UK Inflation Expectations Drop Steeply to 3.7% in November

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The British public’s expectations for inflation over the next year dropped to 3.7% in November, down from 4.2% in October, according to a YouGov...

UK Inflation Drops to 3.6% in October

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British consumer price inflation eased to 3.6% in October, down from September’s 18-month high of 3.8%, according to official data released on Wednesday. This...

BOE set to cut rates in December and again in early...

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The Bank of England is expected to cut interest rates in December and again early next year, as inflation is projected to ease in...

UK Inflation Holds Steady at 3.8% in September, Defying Forecasts

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UK Inflation Holds Steady at 3.8% in September, Surprising Economists British inflation and a key underlying measure of price growth held steady in September, defying...

UK Inflation Undershoots Forecast, Pound Edges Lower

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Pound Slips as UK Inflation Stays Below Forecast The British pound weakened against both the U.S. dollar and the euro on Wednesday after new data...

UK Wage Growth Eases to 4.7% in Three Months to August

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UK Wage Growth Slows to 4.7% in Three Months to August Average weekly earnings in the United Kingdom, excluding bonuses, rose 4.7% year-on-year in the...

Bank of England Holds Rates Steady, Keeps Bank Rate at 4%

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The Bank of England (BoE) kept interest rates unchanged at its policy meeting on Thursday, as markets had widely anticipated. The central bank signaled...

UK Inflation Stays at 3.8%, Leading Major Developed Economies

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UK inflation steady at 3.8%, highest among major economiesUK inflation stayed at 3.8% in August, the highest rate among advanced economies, according to official...

UK Pound’s Sharp Reaction to Gilt Market Decline May Be Excessive

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The British pound struggled on Tuesday as 30-year gilt yields hit their highest level since 1998. However, ING said on Wednesday that the market...
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