UK inflation sees further spike

UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
UK inflation sees further spike as it rises to a 10-month high
January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target. View on euronews
Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, inflation unexpectedly jumped to 3 per cent in January, hitting its highest level in 10 months and higher than the 2.8 per cent financial markets had forecast.
Inflation jump expected to hit mortgage rates - what it means for your money
The average UK house price in December 2024 was £268,000, having increased by 4.6% annually, following a 3.9% rise in the 12 months to November, according to Office for National Statistics figures
U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path
Consumer prices were 3.0% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE after it said it would cut interest rates gradually.
Inflation jumps to 10-month high, knocking chance of early interest rate cut
UK inflation jumped more sharply than expected at the start of the year, posing a dilemma for the Bank of England as it considers further interest rate cuts amid weak economic growth. The Office for National Statistics (ONS) said on Wednesday that Consumer Prices Index (CPI) inflation rose to 3% in January from 2.
UK inflation jumps more than expected in January, testing the BoE's outlook
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
MoneyWeek2d
UK inflation rises by more than expected to 3%
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a ...
UK wages continue to outpace inflation
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.
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Inflation Runs Hot At 3% In Year To January
Nicholas Hyett, at Wealth Club, said: “Recent economic data points to a slowdown in the UK economy – GDP came in lower than expected, inflation has fallen and unemployment has ticked up.
Global stocks fall as traders await Fed minutes and digest surprise UK inflation jump
The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as traders digested news that UK inflation rose more than ...
UK inflation jumps by more than expected to 3.0%
LONDON (Reuters) -British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely ...
Reform UK warns Rachel Reeves that doing this one thing will see inflation go higher
EXCLUSIVE - The Reform UK deputy has warned the Chancellor not to fuel further inflation with a harmful tax grab.
Treasury warns of 'bumpy' road to lower inflation after unexpected jump to 3%
Chancellor Rachel Reeves says she is working to "deliver economic growth" - but the Lib Dems criticise her "misguided ...