WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.

Inflation shows how the price of goods and services have changed over time and the Bank of England is set a target of keeping ...

The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore ...

The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...

UK unemployment rose to 4.7% in May 2025, its highest in four years, as wage growth slowed and payrolls fell—adding pressure ...

The rate has increased to its highest level since January 2024 as a result of food prices and fuel costs and is likely to ...

UK inflation has risen to a near 18-month high in June as food prices surged for the third month running. The Office for National Statistics said consumer prices rose by an annual rate of 3.6% ...

Food and drink prices were up 4.5% in the year to June, the third consecutive increase in the annual rate suggesting that the ...

The increase was largely fuelled by smaller-than-expected falls in fuel prices, a sharp rise in air fares, and continued ...

Rising UK inflation in June was bad news for those with a "hopeful eye" on imminent interest rate cuts, according to industry ...