UK Inflation Hits 41-Year High
According to the Office for National Statistics, rising food prices and household energy bills pushed British inflation to a 41-year high. The data was published...
Tag : UK Economy
UK Cuts Taxes as Economy Falls into Recession
The new UK Government has introduced measures to cut taxes and stimulate growth as recent data showed the economy sliding into recession at the end...
Bank of England to Sell 8.7 Billion Pounds of Government Bonds in Q4
On Thursday, the Bank of England said that it would sell around 8.7 billion pounds of government bonds in the fourth and final quarter of...
Despite Unemployment Rate Falling, UK Job Growth Slows
Despite slowing under the weight of the ongoing cost-of-living crisis, the UK economy is running out of workers. Since July, employment growth has sharply declined...