The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

THE UK’s rate of inflation has slowed in a boost for the government – we reveal what it means for your money. The Office for National Statistics (ONS) said the Price Index

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth.

The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

Inflation dropped slightly in the month of December but remained above the target set by the Bank of England. The Consumer Price Index (CPI) rose by 2.5% in the 12 months to December 2024, down from 2.6% a month earlier.

The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next month

Companies are cutting jobs at the fastest pace since the global financial crisis, barring the pandemic, after Rachel Reeves announced £40bn of tax rises in the Budget, according to a closely watched survey.

The Bank of Japan is expected to raise interest rates at its January meeting as inflation pressures intensify, setting the stage for significant market reactions.

Tepid growth across British businesses edged up at the start of 2025 but employment and optimism contracted again and price pressures rose, according to a survey that underscored the challenge facing the Bank of England.

The price of a European package holiday has risen by up to 11.5% in the past year, analysis has found. Meanwhile, our daily feature today is What it's really like to be a... dentist. Leave a comment on any of our posts in the box below.