Headline inflation dropped unexpectedly to 4 percent in March from 4.4 percent the month before, according to the latest UK Consumer Prices Index (CPI).

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Overall shop price inflation fell from 2.9 percent in June – the highest for three years – to 2.8 percent in July.

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Inflation in the Eurozone fell 2.7 percent in May, down from 2.8 percent in April, and lower than previously predicted.

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The Bank of England today implied that an interest rate hike could occur in 2011 as a result of spiraling inflation.

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The UK Consumer Prices Index (CPI) annual rate of inflation remained at 4.5 percent in May.

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Although inflation seems to be levelling off in the UK, it is currently at its highest rate in three years, leading to increased costs for small businesses.

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The country recorded mixed levels of inflation in April, with both negative and positive growth seen in various indices.

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Despite welcome news today that inflation dropped to 3 percent in April, the Chartered Institute of Personnel and Development (CIPD) is warning that employers are continuing to struggle to close the gap between basic salaries and the cost of living.

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Andrew Sentance of the Bank of England’s Monetary Policy Committee (MPC) recently warned that UK inflation levels could top 5 per cent and become ‘embedded.’

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Dr Andrew Sentance of the Bank of England last night criticised the monetary policy committee (MPC) over its failure to tackle inflation successfully.

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Small and medium-sized enterprises are being urged to take action and protect themselves from rising costs.

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Almost a third of businesses in the UK that trade internationally have found the UK’s economic situation to have worsened over the last six months.

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Chief economist Spencer Dale claimed the Bank of England risked losing public confidence if inflation continues to rise above their targets. The Bank of England is at risk of gradually losing public confidence due to persistently above-target inflation, posing an upward ris...

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New research released by XpertHR suggests that wage pressures throughout the UK economy are not leading to higher pay rises.

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UK retailers may be facing another 10 years of poor sales, according to Ernst & Young’s Item Club.

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A senior Bank of England adviser has warned that interest rates could quadruple within 12 months, effectively adding more than £100 a month to mortgages.

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The MPC should not raise interest rates despite a surge in inflation, said a senior Bank of England official recently.

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Research group GfK NOP Ltd have found that consumer confidence is at its lowest level since February 2009 – one of the UK’s worst points of the recession.

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Low interest rates across the globe are a threat to world financial stability, according to the Bank for International Settlements (BIS).

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Small business confidence plummeted in 2011 as businesses were hit by high inflation, rising utilities bills and reduced consumer spending power according to the latest findings from the Federation of Small Businesses (FSB) ‘Voice of Small Business' Index.

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