UK inflation rate reaches fresh 30-year high of 5.5%
LONDON, United Kingdom―UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure to the cost ...
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Britain’s December inflation hit decades high of 5.4% in cost-of-living squeeze
LONDON, United Kingdom—The annual rate of inflation in Britain rose to a near 30-year high in December, official data showed ...
Read moreBank of England raises rate to fight runaway prices in a surprise move
London—The Bank of England on Thursday lifted interest rates to 0.25 percent to combat decade-high inflation, in a “finely balanced” ...
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UK inflation hits 10-year high on higher energy costs
LONDON—British inflation spiked close to a ten-year high in October on increased energy bills and resurgent post-lockdown demand, data showed ...
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Bank of England likely to hike rate for the 1st time since 2018
LONDON—The Bank of England could this week raise its main interest rate for the first time in more than three ...
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Asian markets down on inflation, energy crunch worries
Asian markets retreated Tuesday as investors grew increasingly concerned about a growing energy crisis, spiking inflation, signs of a slowdown ...
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Window dressing to boost market
Share prices are expected to move sideways this week with an upward bias as investors remain optimistic on the further ...
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Bank of England keeps status quo, sees better economic outlook
London —The Bank of England left record-low interest rates unchanged Thursday as it weighed Britain’s vaccine-driven pandemic recovery alongside stubborn ...
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Economies seen to recover faster than in previous crises, says BoE
London, United Kingdom—The economic crisis caused by Covid-19 will leave fewer longer term scars than previous recessions, Bank of England ...
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British economy shrank by a record 9.9% in 2020
London—Britain’s economy shrank by a record 9.9 percent last year on the fallout from the coronavirus pandemic despite managing strong ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.