UK inflation surged to 2.3% in October, up from 1.7% in September, sparking fresh concerns about wealth erosion and unsettling financial markets. This significant rise, coupled...
The British Pound was volatile today and reacted to the release of inflation data earlier today. October’s consumer inflation rose by 2.3%, surging above expectations. Core...
The Office for National Statistics (ONS) will reveal the Consumer Prices Index (CPI) on Wednesday and inflation is expected to rise above the Bank of England’s...
Following a sharp decline in the pound on Friday sterling has held steady on Monday against the US dollar trading at $1.2619. The recovery of the...
While UK inflation has notably declined over the past year, the sharp rise in the cost of living in previous years continues to impact individuals and...
In October grocery price inflation rose again and supermarket prices were 2.3% higher last month compared to the same period last year. Analysts at Kantar said...
The euro-dollar pair extended its downtrend, as market participants await key economic data from both the U.S. and Europe that could shape its near-term trajectory. A...
Inflation is coming back. Despite recent rate cuts from major central banks to combat multi-decade highs, inflationary forces are set to build momentum again, driven by...
The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA by NIQ reveals that year-on-year inflation in the hospitality sector continued its downward trend...
This week, the Bank of England is widely expected to cut interest rates again, marking its second reduction since August. With rates likely to drop by...
The Chancellor previously ruled out taxing workers, and it’s a welcome move that this decision has been upheld in the Autumn Budget. This reflects the government’s...
The S&P Global UK Consumer Sentiment Index (CSI) survey has found that consumer confidence in the UK has improved in October. The CSI is moving closer...