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The trade truce between the US and China appears fragile, as both sides trade barbs and neither fully trusts the other to ...
Inflation has gone up to 3.5 per cent in the UK, reaching its highest level since January due to a rise in domestic bills.
Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June ...
The FTSE 100 (^FTSE) and European stocks got off to a lacklustre start on Wednesday as UK inflation rose more sharply than expected in April, driven by a surge in energy and transport costs. Consumer ...
Despite this, there is still hope that interest rates may come down at the end of this month by 0.25 percentage points. The current prime lending rate is 11%. Old Mutual chief economist, Johann Els, ...
Britain suffered a bigger-than-expected inflation surge in April, prompting investors to bet on the Bank of England slowing ...
Sky's Paul Kelso writes that the ONS data highlights a link between government policy and the acceleration in the pace of price increases.
EUR/USD rises further to near 1.1350 as the US Dollar remains under pressure due to Moody’s downgrade to the US credit rating ...
According to the Office for National Statistics, GDP rose by 0.7% in the quarter, beating predictions of a 0.6% rise and continuing an expansion after growth of 0.1% in the final three months of 2024.
On the international front, the UK has stepped up action against Israel over its military offensive in Gaza by suspending ...
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