British inflation unexpectedly accelerated in December on tobacco duty hikes, data showed on Wednesday, missing expectations of a slowdown and dimming hopes of an interest rate cut.
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes. The Consumer
British inflation unexpectedly accelerated in February, data showed Wednesday, deepening a cost-of-living crisis and pressuring the Bank of England to hike interest rates despite global markets turmoil.
Britain on Wednesday unveils a new cost-of-living budget, including more help on soaring energy bills, but the government is set to stand firm on rising public sector pay demands as the country
Recession-bound Britain will emerge from its winter of discontent with economic growth, lower inflation and shorter hospital waiting lists, Prime Minister Rishi Sunak vowed on Wednesday. Issuing a five-point list of promises