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Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
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United Kingdom's Inflation Accelerates To 10.4%
British annual inflation unexpectedly accelerated in February despite central bank efforts to tame a growing cost-of-living crisis, official data showed today.
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Rishi Sunak's 5 Promises To Get Britain Economy Back On Track
UK Prime Minister Rishi Sunak has listed reducing the national debt and lowering inflation among his priorities for the coming year.
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How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
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Inflation In UK Touches Double Digits For First Time In 40 Years
Inflation in the UK crossed the 10 per cent mark in July, the first such occurrence over the past 40 years.
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"Can't Afford To...": Record Inflation Puts Pressure On UK Government
Britain's Conservative government needs to take measures now to help those most effected by a worsening cost-of-living crunch, former party leader and senior lawmaker Iain Duncan Smith said on Saturday.
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Soaring Global Inflation Does Not Fully Reflect Ukraine War's Impact Yet
Inflation has surged sharply in March, according to the latest data from India, the United Kingdom and the United States, but that does not reflect the full impact of the ongoing Russia-Ukraine war, suggesting that the risks are skewed more to the upside for price pressures globally.
-
Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
-
United Kingdom's Inflation Accelerates To 10.4%
British annual inflation unexpectedly accelerated in February despite central bank efforts to tame a growing cost-of-living crisis, official data showed today.
-
Rishi Sunak's 5 Promises To Get Britain Economy Back On Track
UK Prime Minister Rishi Sunak has listed reducing the national debt and lowering inflation among his priorities for the coming year.
-
How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
-
Inflation In UK Touches Double Digits For First Time In 40 Years
Inflation in the UK crossed the 10 per cent mark in July, the first such occurrence over the past 40 years.
-
"Can't Afford To...": Record Inflation Puts Pressure On UK Government
Britain's Conservative government needs to take measures now to help those most effected by a worsening cost-of-living crunch, former party leader and senior lawmaker Iain Duncan Smith said on Saturday.
-
Soaring Global Inflation Does Not Fully Reflect Ukraine War's Impact Yet
Inflation has surged sharply in March, according to the latest data from India, the United Kingdom and the United States, but that does not reflect the full impact of the ongoing Russia-Ukraine war, suggesting that the risks are skewed more to the upside for price pressures globally.
