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Pan Pylas, The Associated Press

Annual rate falls to 6.8% largely driven by lower energy prices, according to Office for National Statistics

  • August 16, 2023 August 16, 2023
  • 13:29

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

  • August 3, 2023 August 3, 2023
  • 10:44

Fuel prices were the biggest driver behind the drop

  • July 19, 2023 July 19, 2023
  • 14:17

Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago

  • July 12, 2023 July 12, 2023
  • 12:06

Expectations of higher borrowing rates are having a knock-on effect across lending markets

  • July 11, 2023 July 11, 2023
  • 13:40

With inflation at 8.7%, monetary policy committee raised interest rate to 5%

  • June 22, 2023 June 22, 2023
  • 09:17

Inflation held steady at 8.7% in the year to May, against expectations for a modest decline

  • June 21, 2023 June 21, 2023
  • 11:46

“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News

  • May 26, 2023 May 26, 2023
  • 14:23

Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison

  • May 24, 2023 June 6, 2023
  • 14:03

The hike — the 12th in a row — puts more pressure on borrowers

  • May 11, 2023 May 11, 2023
  • 11:27