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Some economists believe the UK leg of Taylor Swift’s Eras tour led to higher prices in June – but the full picture is more complicated

Many homeowners are hoping that the base rate is lowered on August 1 to relieve pressure on their mortgage costs

The Bank of England is facing a dilemma about whether to cut interest rates next month after official figures Wednesday showed inflation holding steady at its target against expectations of a modest decline, possibly as a result of Taylor…

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.

LONDON (AP) — The Bank of England is facing a dilemma about whether to cut interest rates next month after…

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.

There is nothing in today's inflation data that will cause the nine policymakers who decide UK interest rates to panic.

Inflation dropped to reach the Bank of England's 2% target in May, and stayed at the same level in June. What does this mean for your finances and where does it leave the Bank of England on rate hikes?

The British pound rose on Wednesday as an August interest rate cut by the Bank of England was considered slightly less likely after U.K. inflation for June matched the central bank’s target but was a touch faster than economists’ forecasts.

Rate cut seen in September rather than August as service sector inflation looks sticky

Associated Press LONDON (AP) — Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June. The Office for National Statistics said Wednesday that the largest upward contribution came from restaurants and hotels,…

The Office for National Statistics released inflation figures for June on Wednesday.

Today's inflation data will be a crucial metric for the Bank of England's upcoming meeting on interest rates.

The Consumer Price Index (CPI) is the main measure of inflation and it shows how the prices of goods and services have changed over time - and the Bank of England's goal is to keep it at 2%