British inflation is set to average 3.2% in 2025, according to forecasts from the Office for Budget Responsibility published ...
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Figures from the Office of National Statistics show average private rent in the UK was £1,326 per month in February 2025 ...
Fresh forecasts on the outlook for the British economy were published on Wednesday alongside Chancellor Rachel Reeves' Spring ...
Key UK CPI inflation data is due early on Wednesday. US Durable Goods Orders due later on during the American trading window. GBP/USD continues to wear worry lines into the charts near the 1.3000 ...
Chancellor Rachel Reeves has announced further cuts to welfare benefits but no tax rises as the Office for Budget ...
The biggest increase is in the cost of petrol, which has tripled since 1995. The UK government sets a target inflation rate of 2%, as high inflation can cause wide-scale problems for a country’s ...
The rise reflects Britain’s stagnant economic growth and the legacy of costly government responses to the pandemic and higher energy costs. Economists said Reeves would struggle to meet rising demands ...
UK inflation cools as Feb. CPI fell to 2.8% YoY. Services inflation remains the primary driver of core CPI inflation, esp.
The risk-sensitive Pound Sterling remained resilient, mainly due to the sustained weakness in the Greenback. The USD ...
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