The U.K. is set to report a headline inflation of 6.9% this year, according to the OECD, marking the highest such level among ...

Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ...

Britain remains on course to dodge a recession this year but growth will “flatline” as stubborn inflation and a tight jobs ...

British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails to deliver on his ...

The report said inflation was set to be stickier than hoped, with the best performer among the G7 is set to be the US, ...

News that GDP (Gross domestic product) contracted in the first quarter after all means that the Eurozone has already fallen ...

Britain will have the highest inflation of any leading economy in 2023, according to forecasts from the Organisation for ...

U.K. Prime Minister Rishi Sunak is reportedly set to appeal to strong U.S. and U.K. military ties in his meeting with ...

While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the highest price growth among Group of Seven economies. The Bank of England has ...

The Bank of England raised interest rates in May from 4.25% to 4.50%. The 0.25 percentage point increase marks the 12th rise ...

UK inflation has been stubbornly high and interest rate hikes have not yet brought it in line with other advanced economies.

Total retail sales increased by 3.9% last month, against a decline of 1.1% in May 2022, according to new data from the ...