London rents are almost a third higher than before the pandemic, the equivalent of GBP630 ($1,058.99) per month.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

All boroughs are also set to see a 4 percent rise in the portion of tax that goes towards the Mayor of London, which has gone up to £18.98. The City of London has seen a 3 percent increase to £171.25. This part of London is officially one of the UK’s best places to visit in 2025.

The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.

Markets that cheered Trump's pro-growth agenda have turned bumpy, with oil prices and Canada and Mexico's currencies gyrating, muddled inflation forecasts shaking Treasuries and investors starting to

THE chairman of Ineos Energy has attacked the UK’s Net Zero dash, saying it risks inflation and inevitable “power cuts and strain on the grid”. The chemicals group has been investing in oil and

The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday. “I agree Trump ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

According to the latest data from the USDA, the number of birds affected by cases spiked over the last three months. That change is creating a shortage of chickens, and a lack of eggs as a result.

Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle of 2024, offering conflicting signals for the central bank's rate-setters.

LONDON (Reuters) - It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025. Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes from comments by new U.S. President Donald Trump - especially any on tariffs.