UK inflation rose to 3.1% in August ahead of Bank of England rates call – The Irish Times
UK inflation accelerated to 3.1 per cent in August, worsening the squeeze on households and businesses and keeping…
UK economy unexpectedly grew 0.4% in July boosted by AI boom – The Irish Times
The UK economy grew 0.4 per cent in July as the global AI boom helped deliver an unexpectedly…
Food Inflation Jumps as Higher Energy Costs Hit UK Retailers
Shop price inflation has hit a two-year high and is set to climb through the autumn as a…
UK Inflation Set to Rebound as Energy Bills Surge
Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer…
Bank holds interest rates as energy and memory chips set to lift inflation
The Bank of England has held interest rates for the fifth successive time despite cautioning that energy prices…
Mortgage lending increases despite elevated rates for homeowners
Mortgage lending was higher last month despite increases in rates for homeowners, according to Bank of England figures.…
Interest rates expected to be held as inflation predicted to rise again
The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
AI Is Making Cyberattacks Cheaper, Faster and More Dangerous, IMF Warns
Evermore sophisticated AI-powered cyberattacks could threaten the stability of the global financial system, The International Monetary Fund (IMF)…
The ‘Perfect Storm’ Hanging Over Britain’s Public Debt
Even in a global energy crisis, Britain’s economic struggles stand out. The government’s borrowing costs have climbed to…
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
With the flow of energy through the Middle East still mostly blocked and oil prices rising, policymakers in…
UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a…