Why economists might be underestimating the UK economy April 3, 2024 French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.
Services inflation to ‘cool significantly’ paving the way for June interest rate cut April 2, 2024 Falling energy prices will help services inflation to "cool significantly" in the months ahead, paving the way for the Bank of England to start cutting interest rates in June, analysts at Goldman Sachs said.
UK shop price inflation eases to lowest rate since December 2021 April 2, 2024 Shop price inflation eased to its lowest level since December 2021, driven by falling food costs and supermarkets remaining competitive about price.
Farewell transmission: Have interest rates worked to bring down inflation? March 31, 2024 While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’ March 28, 2024 "Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation," Haskel told the Financial Times.
CBI boss warns looming minimum wage increase may stoke inflation March 27, 2024 The increase in the minimum wage could reignite inflationary pressures as firms are forced to pass on costs to consumers, the CBI warned.
Bank of England’s Mann: Markets are pricing in ‘too many’ interest rate cuts this year March 26, 2024 Mann has long been one of the most hawkish members on the MPC, persistently warning about the dangers of stubborn inflation.
Hovis: Cost of a loaf of bread to hold steady after price hikes March 26, 2024 The cost of loaf of Hovis bread is set to remain steady this year after prices were hiked in the aftermath of Russia's invasion of Ukraine.
Bank of England to cut interest rates to three per cent in 2025 after inflation drops March 25, 2024 Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
‘Loyal’ customers help alcohol subscription service Beer52 weather disposable income hit March 25, 2024 A "loyal" customer base helped alcohol subscription service Beer52 weather the "challenging trading environment" during its latest financial year.