inflation

Consumer Prices Index (CPI) drops to 2%

This week, the Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) dropped to 2 percent in May, down from 2.3

Inflation Rate Decrease November 2023

The Office for National Statistics (ONS) reported yesterday a significant drop in inflation to 3.9% for November

Inflation Continues To Ease

In April 2023, the United Kingdom witnessed a significant easing of inflation, bringing relief to the economy. This decline in...

UK Inflation Rise in February 2023

According to official data released by the Office for National Statistics (ONS) on March 22, 2023, UK inflation increased in February for...

Bank of England Interest Rate Rise

Today the Bank of England voted to raise interest rates by 0.5% to 4%, it’s 10th consecutive rise. The raise is hoped to balance...

Autumn Budget 2022 Overview

Following the release of the latest forecast for the UK economy by the Office for Budget Responsibility (OBR), chancellor Jeremy Hunt...

Inflation increase

According to the Office for National Statistics (ONS) the rate of inflation rose to 10.1% in September 2022 as the economy felt the...

FCA reports that 8 million are struggling with bills

Research by the Financial Conduct Authority (FCA) has found 7.8 million UK adults are struggling to keep up with their bills, an increase...

Inflation hits 40 year high

According to the latest figures from the Office for National Statistics (ONS), inflation has hit its highest level in 40 years. Last...

Bank Rate increased to 0.75%

The Bank of England has announced that interest rate will be increased from 0.5% to 0.75% the third consecutive increase. The Bank of...

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