U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.

London rents are almost a third higher than before the pandemic, the equivalent of GBP630 ($1,058.99) per month.

Slower inflation provides ‘welcome’ boost to London markets - The FTSE 100 finished 99.59 points, or 1.21%, higher to end the day at 8,301.13.

All boroughs are also set to see a 4 percent rise in the portion of tax that goes towards the Mayor of London, which has gone ...

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month LONDON -- Inflation in the U.K ...

Thanks to years of cutbacks in public spending and unprecedented inflation, London’s borough councils are facing a cash crisis. Soon, for the first time thousands of London’s poorest residents will ...

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data on Wednesday showed, easing some ...

LONDON — Inflation in the U.K. unexpectedly fell in December, a move that has bolstered expectations that the Bank of England will cut interest rates again next month and relieved some pressure ...