Latest

UK inflation dips, easing some pressure on government
UK inflation dips, easing some pressure on government

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest. - Bank of England - Despite falling, Britain's annual inflation rate remains above the Bank of England's 2.0-percent target rate, slowing the pace of its interest-rate cuts.