New official figures show that inflation, the rate at which prices rise over time, fell again in March.
North East property prices are rising faster than anywhere else in the UK. The latest Land Registry statistics show house prices across the region rose to an average £160,406 in February, a monthly jump of 3.2%, and 2.9% year-on-year. Across England as a whole, prices rose by 0.6 % in February but were down by 1.1% over the previous 12 months. Scotland saw prices fall by an average of 0.6% during February, but that still represented a year-on-year rise of 5.6%. The picture was reversed in...
Inflation in the UK fell to its lowest level in two-and-a-half years in March after a further easing in food prices, official figures show, a development that could further pave the way for a welcome cut in interest rates soon. Consumer prices rose by 3.2 per cent in the year to March, down from 3.4 […]
Australian inflation has come in hotter than expected after lifting 3.6 per cent in the 12 months to March. But the consumer price index also cooled from 4.1 per cent in the previous corresponding year, the Australian Bureau of Statistics reported. On a quarterly basis, inflation rose one per cent, up from 0.6 per cent […]
Andrew Bailey has signalled UK interest rates remain on course to fall in the coming months amid growing fears that stubborn inflation will force the US to delay rate cuts.]]>
London markets have been spooked by worse-than-expected economic data across the pond that has raised uncertainty over when central banks will start lowering interest rates. So what does this mean for mortgages?
Sir Matthew Rycroft told MPs that a one-third reduction in small boat crossings would be needed given the cost of the deportation scheme, which will reach £290million by next year.
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla
In the wake of a market sell-off triggered by the inflation report, investors are being urged to buy stocks, with Fundstrat suggesting a potential June rate cut is still on the table. read more
GDP will grow just 0.5 per cent in 2024, International Monetary Fund predicts. Analysts also found GDP of UK has largely been boosted by migrant workers. UK slipped into recession at end of last year but is now on its way to recovery
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
The Midnight Studio, Episode 10 viewership was steady in Korea last night for its third episode in a row, while international audiences have never wavered over their enjoyment of the supernatural drama.