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UK inflation unexpectedly eases in December, which could reduce pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month and give the U.K. government some breathing room following recent turbulence in financial markets.
UK inflation unexpectedly falls to 2.5% in December
British inflation unexpectedly slowed to an annual rate of 2.5% in December from 2.6% in November, official figures showed on Wednesday.
FTSE 100 LIVE: Stocks rise as UK inflation unexpectedly falls to 2.5% in December
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
UK inflation in surprise dip in December, raising hopes over bond market fears
The rise in the interest rate investors are charging the UK government to borrow money over 10 years hit a 16-year high in recent days, piling pressure on Chancellor Rachel Reeves to cut spending or raise taxes.
UK inflation slows to 2.5% in December, below expectations
U.K. inflation fell to 2.5% in December, according to data released by the Office for National Statistics on Wednesday.
22m
on MSN
Unexpected respite for Starmer as UK inflation slows against predictions by economists
The annual rate of inflation edged down to 2.5% in December from 2.6% in November, the Office for National Statistics said ...
1h
on MSN
UK weather maps turn purple as 36 hours of ‘non-stop’ snow reaches Britain
Recently released weather maps suggest areas of Britain will see 36 hours of continuous snow at the end of January.
21h
on MSN
UK markets are in turmoil as bond yields spike and the pound slides — here's why
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
6h
UK business morale sank to 2-year low in late 2024, accountants say
British business confidence slid to a two-year low at the end of last year, pushed down by worries about tax following the ...
2h
UK inflation falls slightly to 2.5% after two months of rises
Inflation fell unexpectedly to 2.5% in December, the Office for National Statistics said, after economists expected the rate ...
2h
on MSN
Fears 'Beast from the East 2' could spark 72 hours of brutal snow across UK
Weather maps show the jet stream from Siberia pushing across the UK from the east, bringing with it a barrage of rain and ...
18h
on MSN
Bank of England warns billions of pounds in UK pension pots at risk
The Bank of England said it was concerned about an increase in the growing use of a type of insurance known as funded ...
17h
The UK Bond Market Crisis And How To Protect Against It
Learn about the UK government's rising borrowing costs and the potential impact on inflation-linked bonds as policymakers lean towards money printing.
11h
UK stagflation risk adds pressure on Reeves after market volatility
British inflation figures will be closely watched on Wednesday as a sharp jump in government borrowing costs, concerns about ...
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