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UK inflation hits 2.5-year low, Bank of England considers interest...
Policymakers have cautioned that the battle against inflation is not over, as they anticipate prices to rise again in the latter half of the year
Inflation in UK falls more than anticipated to a 15-month low
London: Inflation in the UK has fallen by more than anticipated to a 15-month low, official figures showed on Wednesday, a development that may ease...
Bank of England set to hike rates
The Bank of England is poised to raise borrowing costs again on Thursday to combat stubbornly high inflation, which has failed to come down from its...
UK economy grows sluggishly in January-March qtr
Double-digit inflation curbed consumer spending and labour unrest curtailed output in industries ranging from transportation to healthcare and...
Bank of England warns of longest recession in 100 yrs
The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after it pushed up the cost of borrowing to 3 per...
Why UK needs to find a global solution for its economic crisis
UK has shrunk in relative terms from being an economy larger than China to being about 9 times smaller. The new govt faces a tricky task in reigniting...
Rupee plummets below 83/$
Home currency nosedives 61 paise to all-time low of 83.01/USD; Dollar index, which gauges the greenback’s strength against a basket of 6 currencies,...
Why did British pound collapse?
Sterling hits all-time low: Two things can turn this around, but neither is straightforward