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Latest United Kingdom Inflation News

  • South Africa: Financial Shares Dazzle On Historic Day for JSE 19 Jul 2008 04:47 GMT
    ... R17,24. Bank shares also spiked in the UK and US following the release of better than ... and lower oil prices which have eased inflationary concerns. The positive sentiment from the rise ...

  • Zimbabwe: 'Companies Cutting Ties Will Hit Average Person Most' 19 Jul 2008 04:47 GMT
    ... As state violence in Zimbabwe worsens, economists in ... deal with the country's rocketing inflation rate. British retail giant Tesco also announced that it ... to be considering pulling out of Zimbabwe. Britain, Zimbabwe's former colonial power, is still the ...

  • FTSE gains as Citi results buoy banks 19 Jul 2008 04:44 GMT
    ... Citigroup, the largest U.S. bank, was the latest ... HSBC up 3.7 percent, Royal Bank of Scotland up almost 10 percent and Barclays up ... allow a major bank to fall." The British economy is proving a challenge for the ...

  • Banks lift Footsie but B&B left behind 19 Jul 2008 04:44 GMT
    ... 2008 22:25 The banking sector led a London market rebound yesterday, but B&B fell 3.7 ... Analyst Michael Helsby wrote: “Concerns on the UK economy, the quality of the US loan book, monoline exposure ... its Ukraine base underlined concern about cost inflation. were under pressure after L’Oréal reported a ...

  • Public finances worsen 19 Jul 2008 04:44 GMT
    ... 1990s recession, he added. The Bank of England must back up its inflation-fighting mantra with ... argued on Friday, but added that the UK economy was already slowing fast and that tighter ... Ross Walker of the Royal Bank of Scotland. “But no rejigging of the fiscal rules ...

  • Trichet sees eurozone growth rebound 19 Jul 2008 04:44 GMT
    ... further ECB interest rate increases to combat inflation. This month, the central bank raised its main ... markets, which have hit the US and UK economies. At the same time, Mr Trichet reiterated ... you get high inflation and low growth, stagflation.” ...

  • Overview: Equities rally as risk appetite recovers 19 Jul 2008 04:44 GMT
    ... growth and the impact on the market’s inflation worries, it is unsurprising that the relief ... the week while the FTSE 100 in London climbed 1.9 per cent. Asian markets were ... 4 per cent while prices in the UK last month rose by 3.8 per cent year-on-year. Both figures ...

  • Dollar claws back lost ground 19 Jul 2008 04:44 GMT
    ... benefit claimants, while there were problems for UK banks trying to raise funds. Inflation rose to 3.8 per cent, almost double ... – or if – the Bank of England would cut rates. “At some point the ...

  • A sad saga of the PM's betrayals 19 Jul 2008 04:43 GMT
    ... onon haath mein laddoo ' is one of ... each horse is being traded, etc; b. inflation, the biggest worry of the UPA government, ... five recognised NWSs -- USA, Russia Britain, France

  • The only important number is 5 19 Jul 2008 04:43 GMT
    ... he magic figure in the Lok Sabha is 273!" ... efficiency and a record of probity. The inflation and growth numbers have shredded the claims ... politics. Isn't this hypocritical? First, whatever the British experience, the Indian reality is different. Isn't ...

  • Dollar mixed after ECB forecasts lower inflation 19 Jul 2008 04:42 GMT
    ... NEW YORK - The dollar was mixed Friday after ... after the European Central Bank's president said inflation would edge back to around 2 percent ... week. But the dollar gained against the British pound, which dropped to $1.9980 from $1.9992, ...

  • Wild ride for companies burdened by pension risks 19 Jul 2008 04:02 GMT
    ... Partners reckons that plunging equity markets, rising inflation and lower long-term interest rates had seen FTSE ... pension accounting. The new rules from the UK Accounting Standards Board could double the liabilities of ...

  • Record borrowing ups heat on Brown 19 Jul 2008 04:02 GMT
    ... LONDON (Reuters) - Fiscal rules may have to ... markets. on investors' growing sense that the UK economy is facing severe headwinds and that the ... further highlighted on Friday, with Bank of England Deputy Governor John Gieve saying the Bank needed to ...

  • Retailers prepare to grin and bear the festive season 19 Jul 2008 03:34 GMT
    ... 1990 as shopperswoke up to the credit crunch and the weakening state of the British economy. Since then, things have got worse, with inflation and unemployment on the rise while UK plc continues to be weighed down by bad news from the retailing, banking and building sectors. ...

  • Appetite returns on back of oil price slump 19 Jul 2008 03:33 GMT
    ... the week while the FTSE 100 in London climbed 1.9 per cent. Asian markets were ... 4 per cent while prices in the UK last month rose by 3.8 per cent year-on-year. ... the European Central Bank's and Bank of England's inflation targets. Neil Mellor at Bank of New ...

  • Euro Finishes the Week on a Down Note 19 Jul 2008 03:10 GMT
    ... Early this past week the EUR/USD made a new ... about a weakening U.S economy and accelerating inflation, the Euro was never able to regain ... markets trade as if the Bank of England is going to leave rates unchanged. Next ...

  • MAIL COMMENT: Writing prudence out of the script 19 Jul 2008 02:37 GMT
    ... If you're hungry you can have a great ... only did he give the Bank of England freedom to set interest rates - a ... life out of the productive part of Britain's economy. Whoever wins the next election must ...

  • Flaming cheek! £1m-a-year gas chief tells families: 'Just wear two jumpers' 19 Jul 2008 02:37 GMT
    ... of Centrica - the parent company of British Gas - was attacked for his 'flippant' and 'out of ... as North Sea oil runs down, the UK will become increasingly reliant on imports. British energy ... wife Martha have lived in their West London home since 1994. The couple jealously guard ...

  • Call for Bank to take action 19 Jul 2008 02:34 GMT
    ... July 19 2008 03:00 The Bank of England must back up its inflation-fighting mantra with credible action, ... governor argued yesterday, but added that the UK economy was already slowing fast and that tighter ... . Sir John Gieve, speaking at the London Stock Exchange, said every month recently had ...

  • Twin twisters, Freddie Mac and Fannie Mae, wreak disaster 19 Jul 2008 01:50 GMT
    ... Last updated July 18, 2008 12:19 p.m. PT Twin ... warning Congress of a foul amalgam of inflation and economic distress. The immediate lesson is ... made the same deeply uncapitalist mistake the British government initially made with Northern Rock, a ...

  • Economies slow as inflation catches up with Europe 19 Jul 2008 01:50 GMT
    ... Photo: In this Wednesday July 16 2008 file ... of UniCredit Markets and Investment Banking in London. "If you look at core inflation - ... might weigh on growth. Spain, Ireland and Britain suffer from burst housing bubbles like the one in ...

  • World powers test Iran's will to end nuclear row 19 Jul 2008 00:50 GMT
    ... World powers test Iran's will to end nuclear ... from the United States, Russia, China, France, Britain and Germany -- the so-called sextet -- ... rising oil and food prices amid warnings inflation could threaten political stability, officials said. Agence ...

  • Premiers fail to agree on GHG-emissions plan 19 Jul 2008 00:48 GMT
    ... Ontario Premier Dalton McGuinty, sitting next to Quebec ... on a plan to fight climate change. British Columbia and central Canada wanted a cap-and-trade ... concerns lower interest rates could raise the inflation rate. Ontario Premier Dalton McGuinty had said ...

  • Chancellor debates breaking PM's 'golden rule' 19 Jul 2008 00:47 GMT
    ... anyway. Posted by: Alex Porter, TROLL FREE SCOTLAND on This from Iain Dale: [bold]Gordon's Imperfect ... time began has left office with the UK owing more money than when they came to ... the lowest ever approval rating...15% of the British people) with increased borrowing. The plan is ...

  • Coastguards strike as pay row goes on 19 Jul 2008 00:13 GMT
    ... COASTGUARDS across Scotland walked out last night in the latest ... control centres are taking part in the UK-wide 48-hour action in protest at a below-inflation pay rise. The union said a skeleton ...


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