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GRANT FITZNER
UK economy surged pre-Iran war, energy shock now loomsBritain’s economy delivered a stronger-than-expected rebound in February, with growth outpacing forecasts and pointing to solid first-quart...
Bank of England set to cut rate as UK inflation slidesBritain's annual inflation rate unexpectedly dropped to 3.2 percent in November, its lowest since March, driven by falling food prices. Thi...
UK inflation slows to lowest level since September 2021UK's inflation fell to 3.4% in February, defying forecasts. BoE may adjust rates. Fitzner cites food prices. Monthly CPI up 0.6%. Jeremy Hu...
Recession-threatened UK economy rebounds in November, official data showsBritain's recession-threatened economy rebounded in November from the previous month, official data showed on Friday. Separate recent data ...
UK inflation hits lowest level in more than two yearsNovember marked a sharper slowdown than expectations of 4.3 percent, but the rate is nevertheless almost double the Bank of England's offic...
UK retail sales slide in September as warm weather hurts clothing demandRetail sales in the UK fell more than expected in September, primarily due to unseasonably warm weather that deterred shoppers from purchas...
UK inflation declines to lowest in over a yearThe Office for National Statistics said Wednesday that the consumer price index dropped to 8.7% in the year to April from 10.1% in March, l...
UK annual inflation slides to eight-month lowThe rate of price increases slowed from 10.1 percent in March, bringing inflation under 10 percent for the first time since August last yea...
UK inflation drops to 3-month low of 10.5% in DecemberThe Bank of England forecast in November that headline CPI would drop to around 5% by the end of 2023 as energy prices stabilised, but poli...
UK inflation falls from 41-year high giving some relief to BoEThe BoE is battling inflation that is far above its 2% target, and has raised interest rates sharply over the past 12 months. Economists mo...
- UK economy unexpectedly shrinks in August, falls by 0.3%
Gross domestic product growth in July was revised down to 0.1% from a previous estimate of 0.2% and the economy was now believed to be back...
UK is not in recession, claims Office of National Statistics dataContrary to an initial figure suggesting the UK economy had shrunk in the second quarter of this year, revised official data revealed that ...
UK inflation hits new 40-year high as food prices rocketThe increase was above economists' expectations in a Reuters poll for inflation to rise to 9.8% in July, and will do nothing to ease the Ba...
UK inflation rate hits new 40-year high of 9.1%The increase was in line with analysts' expectations and signals no quick end to the cost-of-living squeeze facing millions in Britain. The...
UK inflation hits new 40-year high of 9.1% in MayThe rate edged higher to 9.1 percent in May from 9.0 percent in April, remaining at the highest level since 1982, the Office for National S...
UK inflation jumps to 30-year high of 7.0% in MarchBritish consumer price inflation leapt to 7.0% in March, its highest since March 1992 and up from 6.2% in February, official figures showed...
UK inflation hits nearly 30-year high of 5.5%The British central bank does not expect inflation to return to its 2% target until early in 2024, although most economists think inflation...
UK inflation surges to highest rate in nearly a decadeUK inflation surged to the highest level in nearly a decade in October as energy costs soared and prices rebounded after sharp declines dur...
UK economic rebound slows sharply as supplies hitGross domestic product growth for the July-September period compared with output of 5.5 percent in the second quarter, the Office for Natio...