UK CPI exceeds expectations for 4 consecutive months
UK inflation exceeded expectations in the fourth month, increasing the pressure on the Bank of England (BOE) to increase more aggressively. Traders are pricing...
Average house prices in the UK rose 3.7 percent in April
Average house prices in the UK rose 3.5% year-on-year in April, according to data from the UK's Office for National Statistics. In the UK,...
UK Finance Minister asks for ‘patience’ to see inflation drop
British Finance Minister Jeremy Hunt, in his speech that he stated that increases in interest rates in other countries will bring inflation down over...
UK public debt exceeds GDP for first time since 1961
Britain's public debt exceeded 100 percent of its gross domestic product (GDP) in May for the first time since 1961.
The country's net public debt...
UK’s new plan to boost trade is in place
The new plan that the UK will implement to simplify and increase bilateral trade with developing countries after Brexit has come into effect today.
According...
Rising mortgage rates in the UK could affect 7.5 million households
Mortgage (home loan) interest rates in the UK are projected to increase rapidly, affecting 7.5 million households with an additional cost of £15.8 billion...