Energy prices were lower due to the government's energy bill support package and lower wholesale prices before the Iran war.

Inflation is the increase in the price of something over time. For example, if a bottle of milk costs £1 but is £1.05 a year ...

Economists polled by Reuters had expected the inflation rate to drop back to 3%, cooling from 3.3% in March.

The rate of inflation remained at 3% for the year to February, in line with forecasts and the same as January's figure - and still above the Bank of England's 2% target. But the data was collected ...

The British Pound weakened against its major peers during the European trading session on Wednesday after the United Kingdom ...

British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, ...

Rates above inflation: Many UK savings accounts and ISAs are paying over 4%, outpacing the current 3.3% inflation rate. Economic pressures: Middle East conflict and rising fuel costs could drive ...

BoE MPC member Alan Taylor warns the UK economy faces deficient demand, with the Bank Rate at 4.25% sitting roughly 100 basis ...

The Bank sets interest rates to help control consumer price rises - the UK inflation rate rose to 3.3% in the year to March.