Freeports and Special Economic Zones (SEZs) made huge jobs promises that they've so far failed to deliver, and cost the ...

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation.

City analysts have pencilled in their predictions for Thursday. Here’s how almost all of them likely read. Interest rates ...

Jonathan Moyes at Wealth Club said: “The UK economy is not out of the woods yet. There is a long and swinging road to reach the Bank’s 2% inflation target. Services inflation remains ...

“Prospects for global growth have weakened as a result of this uncertainty and new tariff announcements, although the negative impacts on UK growth and inflation are likely to be smaller.

In a quarterly report, the National Institute of Economic and Social Research also said inflation is likely to remain stubbornly high this year, limiting the Bank of England to two rate cuts ...

Thus, the monthly reading is more reliable. The graph below shows that the two inflation gauges track each other well on an annualized basis. However, there is a slight gap at the moment between them.

The trend of reductions has been a response to the flattening of the inflation graph — the extremely high base rate means inflation has been almost stagnant this year, though most consumers have ...

"We live in contrasting times, where inflation is real and significant, but people expect games that are ever more ambitious and therefore expensive to develop to cost the same. It’s an ...