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Food prices set to rise and inflation could hit 8.2% due to Ukraine conflict

The Government said it will monitor and offer support as required if the full-scale invasion of Ukraine by Russia leads to a surge in global food prices. Ukraine is a major supplier of wheat and corn, with economists warning the cost-of-living ...

24 Feb 2022 at 15:55

Bank of England expected to resume interest rate cuts

The cost of borrowing is expected to fall to its lowest point in more than 18 months. Senior economists at the Bank of England will announce later on Thursday whether they are cutting the UK’s base interest rate, which currently sits at 4.75%....

10 Feb 2025 at 08:45

UK interest rates set to fall at Bank of England meeting on Thursday

The cost of borrowing is expected to fall to its lowest point in more than 18 months on Thursday. Senior economists at the Bank of England will announce whether they are cutting the UK’s base interest rate, which currently sits at 4.75%. ...

05 Feb 2025 at 17:14

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts

The cost of borrowing is expected to fall to its lowest point in more than 18 months this week. Senior economists at the Bank of England will meet to decide whether to cut the UK’s base interest rate in the coming days, which currently ...

02 Feb 2025 at 09:00

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