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Bank of England

UK inflation falls to Bank of England’s 2% target rate for first time in nearly 3 years

Inflation in the U.K. returned to the Bank of England's target rate of 2% for the first time in nearly three years, official figures...

Fury as Bank of England spends £8million to allow office staff to work from home

THE Bank of England has spent more than £8million on tech so staff can work from home.Bosses blasted for poor economic forecasting have splashed...

UK economy flatlines in April in blow to Conservatives ahead of elections

While Treasury chief Jeremy Hunt insisted the economy is turning a corner, his opposite number in the Labour Party Rachel Reeves said the economy...

Why Britain’s biggest problem keeps breaking records

This is particularly worrying for economic growth. Almost all of the economy’s...

Four reasons why interest rates could stay higher for longer

The upshot is that even if the headline rate dips below the...

The UK economy is picking up steam, but more needs to be done, says CBI – London Business News | Londonlovesbusiness.com

With the General Election a matter of weeks away, the focus is firmly on the UK economy. The latest CBI...

UK service sector showed ‘reasonable rate of expansion’ as inflation falls – London Business News | Londonlovesbusiness.com

Last month growth in the UK’s services sector slowed as inflation fell to the lowest in three years. According to...

India moves 100 metric tonnes of gold from UK to domestic vaults

Mumbai: India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said on Friday.This is...

Sunak’s summer election means there’s bad news to come

At the same time, there are signs that inflation could start rising...

When will shopping be cheaper & are rates coming down? Key cash queries answered

IT is shaping up to be THE key battleground for the election.Indeed, the news that inflation had fallen back to almost two per cent...

UK inflation falls to 2.3%, lowest in 3 years but still above BoE’s target

3 min read Last Updated : May 22 2024 | 5:49 PM IST Inflation in the UK fell sharply to its lowest level in...

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