LONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday, ramping up market expectations for a Bank of England rate cut in November.

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

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

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 ...

The yield on 10-year U.K. government bonds was 16 basis points lower at 4.727% at 4 p.m. in London, putting it on course for ...

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 ...

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.

The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.

Sir Keir Starmer faced a grilling from Kemi Badenoch over Tulip Siddiq’s resignation and the economy as the two leaders clashed at Prime Minister’s Questions.

THE chairman of Ineos Energy has attacked the UK’s Net Zero dash, saying it risks inflation and inevitable “power cuts and strain on the grid”. The chemicals group has been investing in oil and ...