UK shop prices dip for first time in nearly three years, survey shows
Prices in large retail chains were the subject of the BRC survey from August 1 to August 7...
Tag : UK Inflation
IF Insights: Will BoE react to plummeting UK inflation with rate cuts?
Compared to other large, wealthy economies, Britain's inflation rate peaked higher...
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: Crisis-ridden United Kingdom is now staring at a recession
The IMF has remarked that the United Kingdom economy is expected to avoid a recession in 2023, whereas the European country's GDP will grow by 0.4% in 2023...
Customers not kept in the loop while raising interest rate
The Bank of England increased interest rates on August 4 by 0.5 percentage points to 1.75%....