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Tag Archives: UK

UK Inflation Jumps to 2.5% in June

Official data showed that the rate of inflation in Britain rose more than the rate targeted by the Bank of England in June to reach 2.5%, compared to 2.1% in May. Economists polled by Reuters had expected the consumer price index to stand at 2.2% in the 13 months to …

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UK Economic Growth Slows in May to 0.8%

The British economy slowed down in May 2021 to 0.8%, compared to expectations of 1.5%. May marks the fourth consecutive month of growth in British GDP, but leaves the economy far from pre-pandemic levels by about 3.1%. Growth was slower than in April, which was revised down from 2.3% to …

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