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ECONOMY11 DAYS AGO
UK inflation hits 40-year high of 9.1% as food, energy prices soar
The UK recorded the highest inflation in the past four decades in May with food and energy prices pushing it up to 9.1 percent.
UK
ECONOMY14 DAYS AGO
UK rail union warns strikes could last all year after talks fail
Train strikes in the UK could stretch into the autumn and beyond unless a deal is reached, the leader of the country’s rail union has warned after talks to end the deadlock failed.
a
ECONOMY16 DAYS AGO
UK set to sink in recession in near future, banking company warns
The possibility of the UK sinking into a recession over the next year or two has increased amid soaring inflation, a leading investment banking company has warned.
Bank of England
EU20 DAYS AGO
Europe's economic woes mount as Ukraine conflict rages on
The European countries are struggling with rising costs, inflation and unemployment, prompting the citizens to protest against their respective governments.
a
ECONOMY21 DAYS AGO
UK economy shrinks for second month in a row amid recession fears
British economic output declined for the second month in a row in April, weighed down by decades-high inflation, official data showed Monday.
a
ECONOMYONE MONTH AGO
Cost of pasta, bread surges for Britain's poorest amid soaring inflation
The price of Britain's cheapest brands of pasta and bread have increased sharply over the past year, new data shows.
UK
ECONOMYONE MONTH AGO
Soaring prices cause ‘acute distress’ to Britons, minister says
Soaring inflation across the UK has caused “acute distress” to Britons, Finance Minister Rishi Sunak has said, stressing that the Bank of England must take “decisive action” to get prices back under control.
Rishi Sunak
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