inflation
Wage growth accelerates despite flagging jobs market
Official figures revealed that average regular pay surged again, to 5.6% in the three months to November.
Unemployment rate rises but pay growth picks up again – ONS
The number of payrolled employees was estimated to have fallen by 47,000 during December to 30.3 million – the biggest drop since November 2020.
‘Here for the long haul’ – Reeves launches fightback following market troubles
The Chancellor said she was not going to let her critics “get me down” as she rebuffed their attacks.
Bank of England should cut rates pre-emptively, says committee member
Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’.
Economists expect inflation to rebound following ‘temporary reprieve’ in December
Experts say December's ‘inflation surprise’ will be reversed next month
Why has inflation fallen and why is this good news for the Government?
The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.
Examples of where inflation eased last month – and where it accelerated
Prices fell faster in December than November for a handful of household essentials, including carpets, lighting equipment and irons.
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm
The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.
Annual UK house price growth accelerated in November – ONS
A surprise slowing in inflation has also boosted hopes that mortgage rates could ease.
Surprise inflation dip provides ‘respite’ for Chancellor amid market turmoil
Chancellor of the Exchequer Rachel Reeves said she will ‘fight every day’ to improve people’s living standards.