Finance

Posts with Tag: UK economy

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

Posted on 16th Aug 2023

The Bank of England has put up interest rates to 5.25% as it tries to control inflation.

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

Posted on 15th Aug 2023

The rate at which prices are rising remains high, driven by soaring food prices.

Wage surge raises prospect of further interest rate hike

Posted on 15th Aug 2023

Regular pay grew at 7.8% but the data has increased the possibility of another interest rate rise.

Petrol prices: Why are they going back up?

Posted on 14th Aug 2023

Motoring organisations warn price rises will pile pressure on families and small businesses.

What's next for Wilko and its 12,500 workers?

Posted on 14th Aug 2023

The retailer is in administration but that doesn't necessarily mean it will disappear from the High Street.

Pay: Firms fight back with counteroffers to keep staff

Posted on 14th Aug 2023

A survey finds companies are willing to match or better new job offers but risk fuelling inflation.

Mortgage rates are falling but don't celebrate yet

Posted on 13th Aug 2023

A number of lenders are cutting rates but experts say it may be too early to call it a turning point.

Amazon releases some seller funds after complaints

Posted on 13th Aug 2023

Amazon withheld some seller takings temporarily but is releasing them after some businesses came close to collapse.

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

Posted on 15th Aug 2023

The rate at which prices are rising remains high, driven by soaring food prices.

UK wages grow at record rate

Posted on 15th Aug 2023

Regular pay grew at an annual rate of 7.8% between April and June, according to new data.

Petrol prices: Why are they going back up?

Posted on 14th Aug 2023

Motoring organisations warn price rises will pile pressure on families and small businesses.

What's next for Wilko and its 12,500 workers?

Posted on 14th Aug 2023

The retailer is in administration but that doesn't necessarily mean it will disappear from the High Street.

Pay: Firms fight back with counteroffers to keep staff

Posted on 14th Aug 2023

A survey finds companies are willing to match or better new job offers but risk fuelling inflation.

Mortgage rates are falling but don't celebrate yet

Posted on 13th Aug 2023

A number of lenders are cutting rates but experts say it may be too early to call it a turning point.

Amazon releases some seller funds after complaints

Posted on 13th Aug 2023

Amazon withheld some seller takings temporarily but is releasing them after some businesses came close to collapse.

Amazon asked by minister to justify temporarily withholding sellers' funds

Posted on 12th Aug 2023

The government told Amazon UK to explain how it intends to help sellers whose money it is withholding.

Warm weather in June boosts UK economy

Posted on 11th Aug 2023

Higher temperatures helped better-than-expected quarterly growth but fears of a slowdown remain.

What is GDP and how is it measured?

Posted on 11th Aug 2023

A basic guide to how the economy is measured and what that calculation is used for.

Petrol prices: Why are they going back up?

Posted on 14th Aug 2023

Motoring organisations warn price rises will pile pressure on families and small businesses.

Pay: Firms fight back with counteroffers to keep staff

Posted on 14th Aug 2023

A survey finds companies are willing to match or better new job offers but risk fuelling inflation.