The Squeeze on British Businesses Is Not Letting Up Soon
Company insolvencies hit a three-decade high, with businesses under pressure from high debts, prices and interest rates. The Bank of England held rates steady on Thursday.
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates)
U.K. Inflation Edges Higher, Halting 10-Month Decline
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates)
U.K. Inflation Edges Higher, Halting 10-Month Slide
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.
Posted inBank of England Economic Conditions and Trends Government Bonds Great Britain Inflation (Economics) Interest Rates Office for National Statistics (United Kingdom) Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Wages and Salaries
U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
Price growth slowed as fuel costs declined and food inflation continued to ease.