UK inflation slows to cooler-than-expected 2.6% in March
- Britain's annual inflation rate fell to 2.6% in March, down from 2.8% in February, as reported by the Office for National Statistics .
- Finance Minister Rachel Reeves welcomed the decline, noting that many families still face cost challenges due to rising bills.
- Analysts expect inflation to rise again due to increasing UK energy and water bills, with predictions of a peak around 3.5% soon.
- Concerns linger about global economic conditions and trade tensions, which could affect future inflation rates as stated by various economists.
108 Articles
108 Articles


Fall in fuel prices help ease inflation but experts warn of choppy waters
A FALL in fuel prices helped ease inflation last month — but experts warned of choppy waters ahead for the economy. Inflation dipped from 2.8 per cent to 2.6 in March as motorists paid less at the pumps and the cost of groceries fell. Chancellor of the Exchequer, Rachel Reeves, said inflation falling for two months in a row and wages growing faster was ‘positive’ but there was ‘more to be done’ Michael Saunders, from Oxford Economics, said: ‘Inf…
UK inflation slows ahead of Trump tariffs
LONDON, United Kingdom — Britain’s annual inflation rate fell more than expected in March, official data showed Wednesday, handing a boost to the Labour government as US President Donald Trump’s tariffs fuels economic uncertainty. The Consumer Prices Index came in at 2.6 percent last month, down from 2.8 percent in February, the Office for National
How far interest rates are expected to fall in 2025 and what it means for mortgages
Interest rates are likely to fall three or four more times this year, according to experts and financial markets, sending mortgage rates down too.Traders are betting on the Bank of England‘s Monetary Policy Committee (MPC) cutting rates next month, taking the base rate to 4.25 per cent.After inflation came in slightly lower than expected on Wednesday morning at 2.6 per cent, bets on more rate cuts this year have increased.Although three cuts is …
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