The Bank of England has previously estimated inflation to spike at 3.7% between July and September, before dropping.

Inflation was 3.5% in April, up from 2.6% in March, according to official data.

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely ...

The FTSE 100 (^FTSE) and European stocks got off to a lacklustre start on Wednesday as UK inflation rose more sharply than ...

Britain's FTSE 100 index edged lower on Wednesday, weighed by a mixed bag of corporate earnings, and as the country's ...

Typically, high interest rates are used as a method to drag on spending demand and therefore bring down inflation. The higher-than-forecast inflation figures may therefore see the Bank of England act ...

Inflation has gone up to 3.5 per cent in the UK, reaching its highest level since January due to a rise in domestic bills.

A rise in the cost of household bills has pushed UK inflation to its highest rate in more than a year. Inflation was 3.5% in ...

Inflation has come in lower than the Reserve Bank’s target for another month – but economists warn that it might not be enough to herald an interest rate cut next week.

The financial expert said: After last month’s barrage of price hikes - which added around £360 to the average household’s ...

ONS data shows rise from 2.6% the previous month is down to increases in many essential bills including those for energy and ...

These are today's mortgage and refinance rates. Mortgage rates are up as bond investors react to the debate around the GOP ...