“With inflation still four times the 2 per cent target, the Bank of England has little choice but to raise the bank rate again and leave the door open to further hikes in upcoming meetings,” said Kallum Pickering, senior...
UK Business and Trade Secretary Kemi Badenoch said that the start of the first all-new trade deals that Britain has struck since it left the European Union marked “a historic moment”
The Bank of England and the government have been focused on trying to prevent those cost pressures from becoming embedded in the economy, driving up wages and further fuelling inflation
The palace said this year’s accounts cover a period of “significant transition” as King Charles III acceded to the throne after the passing away of his mother, Queen Elizabeth II, in September.
The British-Indian leader said the UK should be proud of its business credentials and pointed to the creation of 162 tech unicorns
The inflation report highlights the pressures faced by British consumers who spent the winter with one eye on their thermostats and the other watching the steady rise of prices for staples
The Office for National Statistics found that people's regular pay packets, which exclude bonuses, were up 7.2% in the three months to April from the same period the year before, as against the equivalent 6.6% increase...
Gross domestic product, the broadest measure of economic activity, fell by 0.3 per cent in the period when compared with the three months through July
The British Indian former finance minister, who took charge at 10 Downing Street last month with the promise to fix the fiscal errors of predecessor Liz...
Bond yields tend to rise as risk increases because they represent the annual return investors demand to loan money to the government.
Truss told BBC local radio that “we had to take urgent action to get our economy growing, get Britain moving and also deal with inflation”
The turmoil is already having real-world effects, with several British mortgage lenders pulling offers from the market amid expectations the Bank of England...
Some of Sunak’s parliamentary colleagues also point out exactly that prophetic stance of Britain’s first Indian-origin contender for the top job at 10...
While the British currency sterling underperformed against the US Dollar compared to the Rupee, Pound has slipped 8 per cent against the Indian currency this...
Rishi Sunak is looking to make history as Britain’s first PM of Indian-origin and has the overwhelming support of the Indian diaspora, many of whom have...
The Office for National Statistics said Wednesday that gross domestic product expanded 0.5 per cent in the month, compared with economic forecasts of about 0.1...
The Office for National Statistics said Wednesday that consumer price inflation rose slightly from 9% in April, itself the highest level since 1982
The Office for National Statistics (ONS) found that inflation, which is the rate at which prices rise, has surged from an already high 7 per cent in March
Gross domestic product increased just 0.1% from a month earlier, down from the 0.8% growth reported in January, the Office for National Statistics said Monday
