Latest
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Record wage growth fuels fears of yet another rate hike
UK wages grow at 7.8% despite slowing jobs market. We explain what this means for interest rates, and the state pension.
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The UK economy might avoid a recession, but conditions will remain hard for many
News The UK economy may avoid a recession, but growth is set to slump in 2024 as rising interest rates hammer Britain’s economy.
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UK inflation falls to 17-month low of 6.8%
Official figures show UK inflation fell sharply in July, following the reduction in the energy price cap.
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UK wages grow at a record pace
The latest UK wages data will add pressure on the BoE to push interest rates even higher.
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UK economy avoids stagnation with surprise growth
Gross domestic product increased by 0.2% in the second quarter and by 0.5% in June
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FCA tells banks to speed up savings rate increases
Record profits and low savings rates spurred the FCA to meet with some of the UK’s top banks.
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UK launches universal basic income trial
A trial of universal basic income will give a lucky few £1,600 every month. But how will the trial work?
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UK inflation remains at 8.7% ‒ what it means for your money
Inflation was unmoved at 8.7% in the 12 months to May. What does this ‘sticky’ rate of inflation mean for your money?
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The cost of petrol in the UK compared with the rest of the world
News The price of petrol in the UK went through the roof last year, but has since settled. We look at how UK petrol price compares with the rest of the world.
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