UK Economics Correspondent, London
Andy's Feed
Nov 18, 2014

British inflation edges up in October from five-year low

LONDON, Nov 18 (Reuters) – British inflation edged up in
October from a five-year low but prices are expected to weaken
again soon, underscoring why the Bank of England is signalling
it won’t start to raise interest rates until well into next
year.

Consumer prices rose by an annual 1.3 percent in October, in
line with economists’ forecasts in a Reuters poll and slightly
higher than September’s 1.2 percent, the Office for National
Statistics said on Tuesday.

Nov 18, 2014
Nov 17, 2014
Nov 14, 2014
Nov 14, 2014
Nov 12, 2014

Bank of England sees inflation below one percent, slower rate rises

LONDON (Reuters) – British inflation is likely to fall below 1 percent in the next six months, the Bank of England said on Wednesday, encouraging investors to build on their bets that it will not raise interest rates until late next year.

Sterling weakened and British government bonds prices rose as the forecasts were published and as the Bank’s governor, Mark Carney, pointed to “troubling” development in the euro zone, home to Britain’s main trading partners, where the economy is at risk of falling back into recession.[GBP/]

Nov 12, 2014

Bank of England sees inflation below 1 pct, slower rate rises

LONDON, Nov 12 (Reuters) – British inflation is likely to
fall below 1 percent in the next six months, the Bank of England
said on Wednesday, encouraging investors to build on their bets
that it will not raise interest rates until late next year.

Sterling weakened and British government bonds prices rose
as the forecasts were published and as the Bank’s governor, Mark
Carney, pointed to “troubling” development in the euro zone,
home to Britain’s main trading partners, where the economy is at
risk of falling back into recession.

Nov 7, 2014
Nov 6, 2014

UK industrial output rebounds as oil and car production return

LONDON, Nov 6 (Reuters) – British industry grew faster than
expected in September as a major oil field came back on stream
and car production rebounded, a positive end to an otherwise
soft third quarter for production.

Thursday’s official data showed industrial output rose 0.6
percent in September from August, the biggest increase since
February and beating a Reuters poll forecast for growth of 0.4
percent.

Nov 5, 2014