Bank of England

UK Inflation Falls More Than Expected In February

British inflation fell more in February than economists and the Bank of England (BoE) had expected, it was reported this morning.

Primark Announces 9.1% Pay Rise For Workers

Primark will raise pay for around 27,000 workers by an average of 9.1% from 1 April as minimum wage increases in the UK.

The Co-Op Joins Rivals In Raising Staff Pay

Britain’s Co-operative is the latest supermarket retailer to raise staff pay ahead of the government’s minimum wage increase in April.

Tesco UK To Raise Store Worker Pay By 9.1%

Tesco UK will raise store workers’ hourly pay by 9.1% in a move that reflects the UK’s increasing government-mandated minimum wage.

Asda UK Raises Pay For Store Workers By 8.4%

Asda is to increase the pay of more than 120,000 store employees by 8.4% from 1 July, it was announced on Friday.

UK Consumer Morale Falls Unexpectedly In February – GfK

British consumer sentiment fell for the first time in four months in February, a survey by Growth for Knowledge (GfK) today.

Lower Inflation Lifts UK Consumer Sentiment To A Two-Year High

British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey has revealed.

UK Food Prices To Keep Rising Through 2024 Industry Researcher Warns

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher sai...