Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine ...

Food prices in the UK have soared at their fastest rate for almost 45 years, with grocery prices rising by 19.1% in the year ...

Britain's underlying inflation relative to the main measure of price growth is proving harder to tackle than in other ...

Uncomfortably high U.K. inflation data have led to a jump in expectations for how much more the Bank of England will need to ...

A concern is that voluntary price caps won’t do much. And the danger with introducing price caps below current levels is that ...

Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the ...

Food prices in the UK have soared at their fastest rate for almost 45 years, with grocery prices rising by 19.1% in the year ...

Inflation is the term that’s used to describe the increase in prices over time. The UK government sets an inflation target of 2% which the Bank of England is tasked with maintaining using ...

Official figures show that inflation in the U.K. has fallen to its lowest level since the immediate aftermath of Russia’s ...

UK inflation fell sharply to 8.7% in April, in one of the first major signs that the cost of living crisis is finally easing. The Office for National Statistics (ONS) said the decline in the ...

Britain has a bigger inflation problem than the United States or the euro zone, with both large headline price rises and ...