UK Inflation Records Surprise Leap On Lockdown Easing

UK debt servicing costs hit record as inflation rises – business live

Rolling coverage of the latest economic and financial news ...

UK inflation pushes up government’s debt payments to a record

London: Inflation took a toll on the UK public finances last month, driving interest payments on government debt to unprecedented levels. The Treasury paid 8.7 billion pounds ($11.8 billion) in ...

Bank set to hold interest rates, but policymakers split on inflation threat

Speculation is mounting that the Bank may halt its £895 billion bond-buying programme as the economic recovery spurs on inflation.

UK borrowing leads to record interest payments

The UK government spent a record £8.7bn in interest on repaying its debts last month, official figures show. The figure was more than three times as much as the £2.7bn in interest payments seen in ...

UK inflation at a high

LONDON: UK consumer prices accelerated more than expected for a second month in a row, a surprise that may challenge the Bank of England’s (BoE) argument that the surge will be temporary. Inflation ...

Worried inflation will melt away your wealth? It could be time to cash in on the falling price of GOLD

Traditionally, gold has been used as a hedge against inflation, which is why, as prices are already rising at 2.5 per cent, it is surprising that the price of the precious metal has been flat for much ...

Real Estate Report: UK Property Prices Surge 13.4% YoY, the Largest Increase in 17+ Years

The UK has seen “similar concerns as consumer price inflation hit a two-year high of 2.1% in May, exceeding the Bank of England’s target,” the Blend Network team writes in a blog post. They pointed ...

UK manufacturers' growth expectations strongest on record, CBI says

LONDON (Reuters) -British manufacturers' expectations for output growth over the next three months are the strongest on record as the economy bounces back from its coronavirus pandemic lockdowns, the ...

Wholesale inflation over past year jumps by record amount

Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. The Labor Department reported Wednesday that the June increase in its producer ...

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