UK Inflation Rises To 3.1% 13th December 2017. Inflation hit a five-year high of 3.1 percent in November as food prices and transport costs pushed up the cost of living. Mark Carney, the Governor of the Bank of England, must

15th November 2017. No Deal Could Lead to Inflation Rise: Bank Warns Bank of England governor, Mark Carney has warned that if the UK fails to negotiate a transition deal with the European Union, the UK could suffer even higher

First UK interest rate rise in 10 years! For the first time in more than 10 years the Bank of England has raised interest rates. The official rate has been increased from 0.25% to 0.5%. This is the first increase

Businesses in “significant” distress 1st November 2017 Begbies Traynor, a professional services consultancy firm has undertaken Red Flag research into the financial health of UK businesses. It reported that nearly half a million businesses across the UK are in a state

Consumer credit rises but mortgages fall While the housing market is seeing a drop in figures, consumers are borrowing more, according to new data. Less consumers are purchasing property with the numbers of mortgage approvals falling to 66,232 in September.