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29.05.26 - 12:18
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BOE May Bear Temporary Above-Target Inflation to Support UK, Bailey Says (Bloomberg)
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The Bank of England could temporarily tolerate inflation staying above its 2% target in order to support the UK's weak economy, Governor Andrew Bailey said, so long as second-round price effects do not emerge. “Given the context of softness in the real economy and uncertainty around the scale and duration of the shock, tolerating temporarily above-target inflation to provide some support for the real economy is an appropriate way to approach the trade-off,” Bailey said at an economic conference in Reykjavík, Iceland. (Source: Bloomberg)...
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27.05.26 - 15:15
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UK: Wichtiger Technologiestandort, aber Inflation und Fiskalpolitik belasten (DZ Bank)
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Beim Ranking der größten Volkswirtschaften belegt Großbritannien einen der vorderen Ränge. Dies dürfte auch langfristig so bleiben. Dabei spielt die innovationsstarke Region London-Oxford-Cambridge eine wichtige Rolle. Der konjunkturelle Ausblick wird derzeit jedoch durch die erhöhte Inflation und vor allem die restriktive Fiskalpolitik belastet..
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26.05.26 - 09:06
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UK Shop Price Inflation Rises: BRC (AFX)
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LONDON (dpa-AFX) - UK shop price inflation accelerated in May on rising non-food prices, the British Retail Consortium said Tuesday.The shop price index climbed 1.2 percent year-on-year in May, fo......
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22.05.26 - 16:12
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UK borrows more than forecast in April as inflation adds to benefits bill (The Guardian)
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The £24.3bn figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bnBusiness live – latest updatesThe UK borrowed more than expected in April as high inflation drove up the cost of pensions and benefits, with concern over the Iran war and political uncertainty adding to debt costs.The Office for National Statistics (ONS) said public sector net borrowing – the difference between government spending and income – was £24.3bn in April 2026, £4.9bn higher than in April 2025. Continue reading......
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20.05.26 - 15:06
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U.K. Inflation Softens On Lower Energy Bills (AFX)
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LONDON (dpa-AFX) - U.K. consumer price inflation eased more than expected in April reflecting the fall in energy bills due to the price cap but the slowdown is expected to be temporary given the s......
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20.05.26 - 13:01
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates (ZeroHedge)
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
UK supermarkets are being urged by the government to limit food prices in return for easing regulations.
As first reported by The Financial Times, the price caps are 'voluntary' and would apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.
In return, the government has said it would offer “incentives” to the supermarkets, which the people said could include easing packaging policies and potentially delaying costly changes to rules around healthy food.
As one may well expect, supermarkets are understood to be strongly opposed to the plans.
The Treasury has declined to comment.
The proposals come as Sir Keir Starmer's government is battling to address public concern over the cost of living.
Scottish retailers recently condemned a similar policy by the Scottish National Party as a “1970s-style” gimmick.
One ...
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20.05.26 - 09:18
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UK Inflation Slows To 2.8% (AFX)
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LONDON (dpa-AFX) - UK consumer price inflation slowed more than expected in April reflecting the fall in energy bills and reduced costs for package holidays, data from the Office for National Stat......
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20.05.26 - 08:30
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UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live (The Guardian)
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Food inflation also slows, to 3%Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.It's inflation day! (and Nvidia day)There was a notable fall in annual inflation led by lower electricity and gas prices. This was due to the government's energy bill support package reducing variable and fixed tariffs, along with lower global wholesale energy prices before the conflict in the Middle East, which fed through to the reduction in the Ofgem cap.The war in Iran is not our war but one we will need to respond to, and the decisions I took in the budget last year have kept inflation down as we deal with global instability. We have the right economic plan, and to change course now would risk our economic stability and leave working people worse off.We have already taken £117 off energy bills, frozen rail fares, and lifted the two-child limit, and over today and tomorrow I'll set out the next phase of how we will support UK households.For too long, vital infr...
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