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UK inflation

  • Friday, 3 January, 2025
    News in-depthUK economy
    UK heading for tax rises despite return to growth, economists say

    The FT’s annual poll forecasts better performance than France and Germany

    3 hours ago
    Montage shows worried-looking shoppers against a City backdrop with a 2025 logo in red
  • Friday, 20 December, 2024
    Food Prices
    Cost of UK Christmas dinner up 20% since pre-pandemic

    Price of mince pies and turkey jump driven by energy crisis and supply chain disruption

    Montage shows Brussels sprouts, turkey and a mince pie against upward arrows
  • Thursday, 19 December, 2024
    UK interest rates
    Bank of England keeps rates on hold as growth prospects dim

    Central bank maintains benchmark at 4.75% and highlights risk of persistent inflation

    Line chart showing Bank of England interest rate
  • Wednesday, 18 December, 2024
    Global Economy
    Inflation and interest rates tracker: see how your country compares

    Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

  • Wednesday, 18 December, 2024
    Gilts
    UK borrowing costs climb as ‘stagflation’ fear stalks gilt market

    Stubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget

    The City of London skyline
  • Wednesday, 18 December, 2024
    UK house prices
    London rents rise at record 11.6%

    Landlords in the capital have been passing on higher costs to tenants amid a shortage of properties

    Homes available for rent in London
  • Wednesday, 18 December, 2024
    UK inflation rises to 2.6% in November

    Figure cements expectations Bank of England will hold interest rates steady on Thursday

  • Tuesday, 17 December, 2024
    UK employment
    UK wage growth accelerates to 5.2%

    Increase in pay for three months to October driven by private sector

    Commuters crossing London Bridge
  • Thursday, 28 November, 2024
    Cost of living crisis
    UK tenants hit by highest inflation in September

    Rental costs rose 3% on average compared with 2.6% for households with mortgages

    A  row of To Let estate agent signs placed outside houses
  • Tuesday, 26 November, 2024
    Chris Giles on Central Banks
    Financial markets do not trust the BoE to deliver low inflation Premium content

    They expect UK inflation to average around 3%, much higher than the US, Germany or France

    Bank of England governor Andrew Bailey
  • Monday, 25 November, 2024
    UK cannot yet declare victory over inflation, warns BoE deputy governor

    Clare Lombardelli says signs of tightness in labour market show ‘last mile is the hardest’

    Clare Lombardelli
  • Monday, 25 November, 2024
    UK property
    UK property sector hit by fears of resurgent inflation

    Big housebuilders have shed billions in value since October Budget

    Jubilee Gardens housing development constructed by Persimmon in Warminster, Wiltshire, UK
  • Friday, 22 November, 2024
    DeAnne Julius
    Britain is being stalked by the spectre of stagflation

    A combination of lower output, higher unemployment and inflation would leave the Bank of England in a tight spot

    A waitress takes a plate of food from chefs in the open kitchen of a restaurant in Oxford
  • Thursday, 21 November, 2024
    FT News Briefing podcast11 min listen
    UK inflation creeps back

    October’s sharp acceleration cements expectation that Bank of England will delay rate cuts

  • Wednesday, 20 November, 2024
    UK inflation accelerates sharply to 2.3% in October

    Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next month

  • Tuesday, 19 November, 2024
    Bank of England
    BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says

    Bank governor tells MPs it will take time to assess the impact of national insurance rise

    Andrew Bailey speaking at the Treasury Committee
  • Sunday, 17 November, 2024
    Global Economy
    Will UK inflation climb back above the BoE’s target?

    Market Questions is the FT’s guide to the week ahead

    London buses pass through the City of London
  • Thursday, 7 November, 2024
    News in-depthUK Autumn Budget 2024
    More growth, inflation and uncertainty: the BoE’s Budget verdict

    Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cuts

    A combination image of the Bank of England and a chart detail
  • Thursday, 7 November, 2024
    UK interest rates
    Bank of England cuts interest rates to 4.75%

    Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

    A chart showing the BoE bank rate from 2020 to 2024
  • Wednesday, 6 November, 2024
    J D Wetherspoon PLC
    JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget

    Pub chain says rise from higher taxes and NI contributions will fuel inflation

    An employee cleans glasses at The Mossy Well pub in London, operated by JD Wetherspoon
  • Monday, 4 November, 2024
    UK interest rates
    BoE expected to cut interest rates despite looser fiscal policy

    UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

    The Bank of England
  • Thursday, 31 October, 2024
    Chris Giles
    The Budget should not be a big deal for interest rates

    Bank of England has already had plenty of time to react to the chancellor’s thinking

    Chancellor of the exchequer Rachel Reeves delivers her Autumn Budget
  • Thursday, 24 October, 2024
    UK economy
    Growth hit by freeze on tax thresholds, says BoE official

    ‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

    Catherine Mann
  • Wednesday, 23 October, 2024
    UK inflation fading faster than expected, says BoE governor

    But Andrew Bailey wants to see a further decline in services price growth

    Andrew Bailey
  • Friday, 18 October, 2024
    UK Autumn Budget 2024
    UK fuel duty rise would rekindle inflation, warn motoring groups

    Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in Budget

    A motorist holding a fuel pump next to a car
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