Finance

Posts with Tag: UK economy

What is the UK inflation rate and why is it so high?

Posted on 21st Sep 2023

The rate at which prices are rising has fallen but remains well above the 2% inflation target.

What is the Bank of England and why does it change interest rates?

Posted on 21st Sep 2023

The Bank of England has held rates at 5.25%, after 14 successive increases since November 2021.

How much money is the UK government borrowing, and does it matter?

Posted on 21st Sep 2023

How does government borrowing work, and how and when is the money paid back?

Government borrowing rose to £11.6bn in August

Posted on 21st Sep 2023

Public borrowing was higher than most economists had expected last month.

UK interest rate decision set to be close call after inflation fall

Posted on 21st Sep 2023

Interest rates were widely expected to rise to 5.5%, but half of investors now think they may not change.

UK inflation: Slowing food prices drive surprise fall

Posted on 20th Sep 2023

Prices are now rising at their slowest rate in a year-and-a-half with inflation falling to 6.7% in August.

Net zero: Will Rishi Sunak's changes to climate policies save money?

Posted on 23rd Sep 2023

Decarbonising will cost money but some argue in the long run it will boost the economy.

Inflation falls - but things could get worse for many households

Posted on 23rd Sep 2023

Although pay deals are now matching the rising cost of living, household finances are still facing a squeeze.

Interest rates: How the Bank of England's decision affects you and your money

Posted on 22nd Sep 2023

The Bank of England has held interest rates at 5.25%, bringing a run of 14 consecutive rises to an end.

UK interest rate freeze ends run of 14 straight increases

Posted on 21st Sep 2023

The surprise decision comes as the Bank of England says price rises are slowing faster than expected.

What is the UK inflation rate and why is it so high?

Posted on 21st Sep 2023

The rate at which prices are rising has fallen but remains well above the 2% inflation target.

What is the Bank of England and why does it change interest rates?

Posted on 21st Sep 2023

The Bank of England has held rates at 5.25%, after 14 successive increases since November 2021.

How much money is the UK government borrowing, and does it matter?

Posted on 21st Sep 2023

How does government borrowing work, and how and when is the money paid back?

Government borrowing rose to £11.6bn in August

Posted on 21st Sep 2023

Public borrowing was higher than most economists had expected last month.

UK interest rate decision set to be close call after inflation fall

Posted on 21st Sep 2023

Interest rates were widely expected to rise to 5.5%, but half of investors now think they may not change.

UK inflation: Slowing food prices drive surprise fall

Posted on 20th Sep 2023

Prices are now rising at their slowest rate in a year-and-a-half with inflation falling to 6.7% in August.

UK inflation forecast to be highest of advanced economies

Posted on 19th Sep 2023

Prices will rise faster in the UK than any other G7 country this year, a forecast suggests.

Warning over fuel prices as oil hits 10-month high

Posted on 19th Sep 2023

The price of a barrel of oil rose above $95 on Tuesday, stoking fears it could impact inflation.

UK interest rate freeze ends run of 14 straight increases

Posted on 21st Sep 2023

The surprise decision comes as the Bank of England says price rises are slowing faster than expected.

What is the UK inflation rate and why is it so high?

Posted on 21st Sep 2023

The rate at which prices are rising has fallen but remains well above the 2% inflation target.