Ey Item Club

The Bank of England (BoE) has raised interest rates from 0.75% to 1%, in an attempt to fight rising inflation. The bank's Monetary Policy Committee (MPC) by a majority of 6-3 to increase the bank rate by 0.25 percentage points. Those members in the minority preferred to increase the rate by 0.5 perc

Inflation in the UK has hit a new thirty-year high, with prices rising by 6.2% in the 12 months to February, according to new figures published by the Office for National Statistics (ONS).

The Bank of England has increased the interest rate for the third time in four months, with rates rising from 0.5% to 0.75%. The increase means that rates are now at their highest level since March 2020, when COVID-19 lockdowns were first implemented.

Gross domestic product (GDP) bounced back in January 2022, increasing by 0.8% after falling by 0.2% in December 2021, according to the latest figures published by the Office for National Statistics (ONS).

UK gross domestic product (GDP) is estimated to have increased by 1.0% in the final quarter of 2021, according to the latest statistics published by the Office for National Statistics  (ONS).

Annual house price growth increased to 11.2% in January, from 10.4% in December, according to the latest Nationwide UK House Price Index.

Gross domestic product (GDP) is estimated to have grown by 0.9% in November 2021, according to the latest figures published by the Office for National Statistics (ONS).

The Bank of England has raised interest rates from 0.1% to 0.25% in an attempt to fight rising inflation. The increase marks the first time that the bank's Monetary Policy Committee (MPC) has risen the rate in more than three years.

UK consumer price inflation rose by 4.6% in the 12 months to November 2021, according to the latest figures published by the Office for National Statistics (ONS).

UK GDP edged closer to its pre-pandemic level in October, growing by 0.1%, according to the latest figures published by the Office for National Statistics (ONS).

The UK economy grew by 0.4% in August, according to the latest figures from the Office for National Statistics (ONS).

Annual house price growth rose to 11.0% from 10.5% in July, according to the latest Nationwide House Price Index.

UK Government public sector borrowing reached £10.4 billion in July, however, this was £10.1bn less than in July 2020.

UK retail sales fell by 2.5% month-on-month in July, according to the latest figures released by the Office for National Statistics (ONS).

The UK economy grew by 4.8% between April and June, according to the latest figures published by the Office for National Statistics (ONS).