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This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - ...
British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to ...
British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed on Wednesday ...
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Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes
Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...
While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the ...
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
The chancellor will have a particular eye on food inflation because people are especially sensitive to grocery price rises.
Britain's FTSE 100 held steady on Wednesday as gains in consumer and healthcare sectors offset losses in energy and mining ...
Transport was the biggest factor driving up overall inflation in July, particularly due to a spike in flight prices as ...
The Bank of England currently expects inflation to hit 4% in September, the all-important month for pensioners. Wage growth ...
The collection window for last month’s figures was “on or around 15 July”, while school summer holidays in England began on 23 July (eight days later) this year. Last year, collection was “on or ...
Ben Plowden, chief executive of lobby group Campaign for Better Transport, said: “Today’s inflation figure could mean a big ...
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