IF Insights: Will BoE react to plummeting UK inflation with rate cuts?
Compared to other large, wealthy economies, Britain's inflation rate peaked higher...
Tag : uk economy
Does UK economy need ‘Bazball’?
After Liz Truss took over the governance responsibilities from Boris Johnson, for a 50-day disastrous rule, Rishi Sunak's roadmap for the new UK economy got derailed...
Bank of England holds interest rate amid recession worries
The Bank of England froze borrowing costs at its previous gatherings in September and November 2023, thereby snapping a series of 14 rate hikes...
United Kingdom’s food inflation: All you need to know
Shoppers have continued to find ways to offset the impact of inflation on their household budgets by switching to supermarkets’ own-label products...
IF Insights: Predicting the road ahead for UK economy
The pandemic's impact obscures a larger concern that the UK economy will face in the coming decades: population ageing...
IF Insights: Will Brexit bring doom for the UK automobile sector?
Before Brexit, the UK was part of the EU's single market and customs union, allowing the free movement of goods, services, and capital...
IF Insights: Is the United Kingdom becoming gig economy’s ‘crisis zone’?
A study by the University of Bristol and Oxford University found that the majority of gig economy workers feel under threat from feedback processes...
Will a hike in interest rates reduce inflation?
On August 4, Bank of England announced a 0.5 percentage point rate hike, the biggest in more than a quarter of a century....
COVID impact: UK taxpayers own shares in cannabis oil firm
Due to a government rescue funding program established during the COVID disaster, UK taxpayers now own shares in 65 additional businesses....
Who is Penny Mordaunt? Will she clear the economic mess left by Johnson
Penny Mordaunt is not thought to have strong ideological beliefs....