Restaurants and pubs have suffered “devastating” job losses after Rachel Reeves’s tax raid on businesses, bosses have said.

The consensus forecasts are for the unemployment rate to remain at 4.6% for May (some economists expect it to rise to 4.7%), ...

"509" height="339" src=" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async"> Sterling edged modestly higher today after UK inflation surprised to the upside, ...

Hopes of an interest rate cut at the next Bank of England Monetary Policy Committee meeting may have been dashed after figures show the rate of inflation increased last month.

Inflation rose unexpectedly last month, official figures show, in a troubling sign for policymakers at the Bank of England. The consumer prices index (CPI) rose to 3.6pc in June, which was its highest ...

Bank of England interest rate-setter Catherine Mann said on Wednesday that strong demand without corresponding supply-side ...

Stocks in New York gave back early gains, while bond yields rose and the dollar fell after the Bloomberg report that Trump could fire the chair of the Federal Reserve Jerome Powell. Bloomberg sources ...

The FTSE 100 faded into the close to end lower on Wednesday after a White House official told Bloomberg News that Donald ...

While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the highest price growth among big western economies.

Investors remain confident that the Bank of England (BoE) will cut interest rates next month, even as UK inflation rose ...

UK inflation is broadly moderating but there are significant crosscurrents muddying the waters. Despite lingering ...

UK inflation unexpectedly rose to an 18-month high of 3.6 per cent in June, in a setback for the Bank of England as it tries ...