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UK inflation stays at 2% target in June, leaving possible rate cut on a ‘knife edge’

 Inflation in the U.K. held steady at the Bank of England's target rate of 2% in the year to June, official figures showed Wednesday,...

British business owners see high interest rates as a threat

More than half of British business owners see high interest rates as a threat to their business, new research has found.New research from Charles...

UK inflation falls to Bank of England’s 2% target rate for first time in nearly 3 years

Inflation in the U.K. returned to the Bank of England's target rate of 2% for the first time in nearly three years, official figures...

UK service sector showed ‘reasonable rate of expansion’ as inflation falls – London Business News | Londonlovesbusiness.com

Last month growth in the UK’s services sector slowed as inflation fell to the lowest in three years. According to...

Sunak’s summer election means there’s bad news to come

At the same time, there are signs that inflation could start rising...

U.K. labor market cools as business confidence returns: Are high interest rates paying off?

Hiring intentions among British employers have fallen for ten months in a row—and that may be good news for those hoping for an interest...

UK exits ‘recession’ with better-than-expected 0.6% GDP growth

Britain's economy grew by a stronger-than-expected 0.6% in the first three months of 2024, ending the shallow recession it entered in the second half...

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