UK inflation remained stubbornly high in May at 8.7% – the same as the previous month – despite a string of forecasts earlier this year predicting a sharp fall...
Economy
Decades of underinvestment by the government and businesses have left Britain’s economy in a growth “doom loop,” according to the U.K.’s Institute for Public...
The shockwaves triggered by the impact of Russia’s invasion on food and energy bills have been felt globally. But inflation in the UK has climbed faster...
LONDON — The U.K. public sector net debt in May exceeded 100% of the nation’s GDP for the first time since 1961, the Office for National Statistics said...
This is a grim number. Inflation isn’t just stubborn, or sticky. It is, on the latest numbers, stuck. These figures should be falling by now, and they...
