Services inflation fell from 5 per cent to 4.4 per cent. This is a figure watched closely by the Bank when deciding whether ...

Surprise inflation dip provides ‘respite’ for Chancellor amid market turmoil - Chancellor of the Exchequer Rachel Reeves said ...

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...

Rachel Reeves has found brief respite this morning, with the Office for National Statistics confirming that inflation dipped ...

The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.

The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next ...

UK inflation marginally fell in the year to December but remained stubbornly above the Bank of England' s 2% target. Consumer ...