Tag: CPI inflation

Inflation rises by 2.2% for first time this year in blow to interest rate cut next month

Sarah Coles, head of personal finance at Hargreaves Lansdown, said the inflation rise is “not massively welcome, especially for people hoping to be...

Bank of England cuts interest rate to 5% in first drop since 2020

UK interest rates have been cut for the first time in more than four years, releasing some pressure on borrowers as the Bank...