Energy bills push inflation to 4.7%
15.58 Tue Sep 16 2008
August inflation hit 4.7 per cent on the back of huge utility bills and means the Bank of England Governor has to write to the Chancellor.
King: 'No magic solution to lending drought'
15.36 Thu Sep 11 2008
Bank of England Governor Mervyn King warned there was no magic solution to the current lending drought.
Interest rates held at 5%
13.09 Thu Sep 04 2008
Interest rates have been kept on hold at 5 per cent despite calls for a cut to combat growing recession fears.
MPC mulls interest rate move
14.17 Wed Sep 03 2008
The Bank of England's nine-strong Monetary Policy Committee (MPC) is holding two days of talks on interest rates as recession looms.
Bank boss predicts economic gloom
22.33 Wed Aug 13 2008
The coming year "will be a painful and difficult one" with a greater chance of recession this winter, the Bank of England boss has warned.
Unemployment jumps by 60,000
15.44 Wed Aug 13 2008
The number of unemployed has increased by 60,000 to 1.67 million, the worst for over a year.
Inflation rises to 4.4%
23.35 Tue Aug 12 2008
Food costs have helped drive inflation to 4.4 per cent - more than twice the Government's target.
Interest rate held at 5 %
14.34 Thu Aug 07 2008
The Bank of England has fixed the interest rate at 5 per cent for the fourth month in a row.
Interest rates decision due
03.47 Thu Aug 07 2008
The Bank of England's interest rates decision is due this lunchtime.
Call made for UK interest rate cut
09.17 Mon Jul 21 2008
Britain needs an immediate cut in interest rates to avoid a prolonged recession.
Zimbabwe inflation at dizzying level
14.51 Wed Jul 16 2008
Inflation in troubled Zimbabwe had soared to a mind-blowing 2.2 million per cent.
Cost of living continues to soar
23.03 Tue Jul 15 2008
Soaring food and petrol prices pushed inflation to a new record of 3.8 per cent in June from 3.3 per cent in May, official figures show.
Oil price threat to UK inflation rates
14.22 Thu Jun 26 2008
Rising oil prices could scupper efforts to keep inflation in check, the head of the Bank of Engand has warned.
Chancellor calls for pay restraint
08.53 Thu Jun 19 2008
The Chancellor Alistair Darling has urged wage restraint in both the public and private sectors to avoid spiralling inflation.
Chancellor calls for pay restraint
06.33 Thu Jun 19 2008
The Chancellor Alistair Darling has urged wage restraint in both the public and private sectors to avoid spiralling inflation.
King warns inflation may hit 4%
22.13 Tue Jun 17 2008
Bank of England Governor Mervyn King has warned inflation may rise above 4 per cent this year as oil and energy prices soar.
Average supermarket shop is up 5.8 per cent
14.26 Fri May 30 2008
The cost of the average supermarket food shop was up 5.8 per cent in May than at the start of the year, according to a study.
Inflation soars to 3% in April
22.45 Tue May 13 2008
The cost of living surged to its fastest rate for almost six years during April, official figures have shown.
Family food bills soar by £800
22.58 Wed Apr 23 2008
Family food bills are soaring with one survey estimating an £800-a-year hike.
Inflation unchanged at 2.5%
14.12 Tue Apr 15 2008
The Consumer Prices Index (CPI) remained at 2.5 per cent in March, official figures have shown.
Bank of England keeps rates on hold
12.58 Thu Mar 06 2008
The Bank of England has kept interest rates at 5.25 per cent over continuing inflation fears.
Inflation rises above 2% in October
06.53 Wed Nov 14 2007
Inflation rose above 2 per cent in October making it the largest month-on-month jump since March, official figures have shown.
Confidence in financial markets drops
09.19 Tue Aug 28 2007
Recent turmoil in the financial markets has left business confidence at its weakest level since November 2005, a report has found.
Bank hints at further rate rise
13.32 Wed Aug 08 2007
Householders already struggling with increased mortgage payments are likely to see interest rates hit 6 per cent in the next few months.
UK inflation has slowed
13.41 Mon Jul 16 2007
Falling gas and electricity bills have slowed the UK's rate of inflation to its lowest level for more than a year.
Mugabe battles economic crisis
15.42 Tue Jul 10 2007
President Robert Mugabe is likely to press ahead with a controversial price blitz that is creating havoc in Zimbabwe, analysts have said.
Brown issues inflation pledge
09.24 Fri Jul 06 2007
The Government will "get to grips" with inflation to ensure the economy continues to grow, according to Prime Minister Gordon Brown.
Zimbabwe orders prices halved
12.10 Tue Jun 26 2007
Zimbabwe's government has ordered prices of basic goods to be cut in half to "protect" its people from the world's highest inflation rate.
Cost of living falls
10.03 Tue Jun 12 2007
The cost of living has hit its lowest level for seven months, according to the latest inflation figures.
House price inflation on the up
11.31 Mon Jun 11 2007
House price inflation rose in April, pushing the price of an average UK home to £209,454, official figures show.
House price inflation on the rise
08.25 Tue May 15 2007
House price inflation has risen again despite a fall in homebuyer demand and an increase in properties on the market.
UK's levels of disposable income fall again
14.33 Tue May 08 2007
A dip in pay growth and a jump in inflation has squeezed household disposable income and driven living standards down.
First-time buyers hit by mortgage changes
14.58 Thu Apr 19 2007
Fears of a rise in interest rates has led many mortgage lenders to shelve fixed rate deals, a move which has hit first-time buyers.
Sterling breaks $2 barrier
11.24 Tue Apr 17 2007
The pound has broken through the $2 barrier for the first time since September 1992.
Inflation hits 15-year high
10.29 Tue Mar 20 2007
Higher mortgage repayments have driven inflation to its highest level for more than 15 years, official figures show.
Another rise for interest rates?
12.31 Wed Feb 14 2007
Interest rates must rise again for inflation to return to its 2 per cent target by the end of 2008, the Bank of England has indicated.