That, in a nutshell, is the problem. Central banks are still haunted by the most recent inflation spike, which economists everywhere – myself included – failed to predict.

Climate change is an increasing threat to the economy of the UK and around the world, a Bank of England boss has warned.

Experts said that, combined with signs of a deteriorating jobs market, it would add further pressure on the Bank of England ...

Investors will focus on U.S. inflation data for June as they look to judge whether the Federal Reserve is likely to cut ...

The British pound may fall against the U.S. dollar if cooling UK CPI inflation data moves markets to price in more rate cuts ...

With Gross Domestic Product (GDP), Industrial and Manufacturing production figures missing expectations, a lift in EUR/GBP ...

The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the ...

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

Climate change represents a growing threat to the UK’s economic stability, with the potential to worsen inflationary shocks and trigger the sudden repricing of assets, a top Bank of England official ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

Sir Keir came to power after the cost of living crisis pummelled the British public. Living costs are up by more than 25pc ...

The FTSE 100 hit a new all-time high this morning (10 July), with experts saying “a cocktail of factors” are driving the rise ...