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Britain suffered a bigger-than-expected inflation surge in April, prompting investors to bet on the Bank of England slowing its already gradual pace of interest rate cuts.
Rising energy, water, and travel costs have pushed UK inflation to 3.5%, sparking fears of a deepening cost-of-living crisis.
Over half of UK students are borrowing from family, friends or banks to cover rising rent, as average accommodation costs ...
Spiralling rents for the UK’s 5.5 million private tenants continued to outstrip broader price rises in the economy last year.
The Financial Times highlights major incidents including a non-terrorist car crash at a Liverpool FC parade, rising UK food ...
UK inflation rose to 3.5% in April 2025 ... Household bills and labour costs drive inflation surge The sharp rise in inflation was largely attributed to increased household expenses.
What is most worrying about the current situation is the persistently positive trend in inflation. The overall rate hit a low of 1.7% in September 2024, confirming the correctness of the Bank of ...
British finance minister Rachel Reeves expressed disappointment over the recent inflation data, highlighting continued cost of living pressures on working individuals. Despite hopes for economic ...
(Bloomberg) — UK inflation jumped more than forecast to its highest rate in over a year as households were hit by a raft of price increases, prompting investors to pare bets on rate cuts from the Bank ...
UK inflation jumped to 3.5% in April, marking the highest level in over a year, according to the Office for National Statistics (ONS). The sharp increase was driven by rising household bills, energy ...
UK food inflation surges to 2.8% in May 2025, the highest in a year, driven by fresh produce costs and budget measures.