Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

"We expect headline CPI to get to 2% and even temporarily dip below in April. That should unlock further rate cuts in March ...

The British pound has plunged in the past few days as the recent bullish momentum faded. The GBP/USD exchange rate dropped to a low of 1.3490, its lowest level since June 23. It has plunged by over ...

LONDON, Nov 18 (Reuters) - It is conventional wisdom to say Britain has an inflation problem. But fears over "sticky" CPI may have finally peaked. At first glance, this suggestion might look a ...