News

AI Can Help Predict Inflation, Bank of England’s Greene Says
The Bank of England is experimenting with artificial intelligence to help forecast inflation and hone its communications, ...
Why UK Inflation Is So High and Tough to Bring Down
While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the ...
UK shop prices ease in May but cost pressures are building, BRC says
British shop prices fell slightly overall this month but food price inflation accelerated, according to a survey on Tuesday ...
The Economist14d
An eccentric set of one-offs has knocked inflation up in Britain
A certain white-knuckle angst accompanied Britain’s early-morning inflation releases in 2022 and 2023, when prices were ...
Philippine Daily Inquirer14d
UK inflation hits 15-month high as utility bills soar
The Consumer Prices Index soared to 3.5 percent last month, up from 2.6 percent in March, the Office for National Statistics said in a statement. At 3.5 percent, the headline rate was the highest ...
Investing15d
FTSE 100 today: Close flat; JD slumps, M&S gains; inflation, home prices surge
U.K. inflation jumps The surge in U.K. inflation to 3.5% year-over-year in April, up from 2.6% in March and well above the Bank of England’s 2.0% target, is likely to prompt the central bank to ...
Kent Online15d
Why has inflation jumped higher and what does it mean for households?
UK inflation has hit its highest level since the start of last year after a flurry of painful bill rises for households. The Office for National Statistics (ONS) said Consumer Prices Index (CPI ...
The Independent15d
UK inflation rises to its highest in over a year after domestic bills spike
The Office for National Statistics said that its key measure of inflation, as measured by the consumer prices index, rose by 3.5% in the year to April, up from 2.6% in March. April's rate was the ...
The Mirror15d
UK inflation in huge jump after 'Awful April' bill hikes - what it means for you
UK inflation ... and car tax rates also went up. Grant Fitzner, Acting Director General at the ONS, said: “Significant increases in household bills caused inflation to climb steeply.
RTE Online15d
UK inflation jumps to higher-than-expected 3.5% in April, ONS says
Finance Minister Rachel Reeves said she was "disappointed" by the inflation figures which further reduced the chance of an interest rate cut in the coming months in the eyes of investors.
Daily Express15d
Chancellor skewered over 'grim' inflation surge as Brits pay the price
Rachel Reeves has been dealt a major blow this morning, as new inflation data blew a hole in her promise of economic stability. The ONS has just confirmed that April's CPI rate of inflation saw a ...
The Irish News15d
UK inflation rises to the highest rate for more than a year, but Northern Ireland consumers avoid GB energy hikes
The UK’s Consumer Prices Index (CPI) inflation ... in 2025 linked to the falling wholesale price of crude oil. Northern Ireland consumers have still been impacted by higher rates bills, with ...