British inflation rate edges up from zero

Last Updated: Tuesday, August 18, 2015, 15:56

"A smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation."

British inflation hits record low

Last Updated: Tuesday, February 17, 2015, 16:37

Britain`s annual inflation rate slowed to a record low of 0.3 percent in January on the back of plunging oil prices and lower food costs, official data showed Tuesday.

British inflation rate plunges to record-low 0.5%

Last Updated: Tuesday, January 13, 2015, 17:11

Britain`s annual inflation rate dived in December to 0.5 percent, matching a record low on the back of sliding oil prices, official data showed Tuesday.

Bank of England keeps interest rate at 0.5%

Last Updated: Thursday, January 8, 2015, 19:34

The Bank of England voted to keep its main interest rate at 0.50 percent, it announced on Thursday, against a backdrop of sliding British inflation.

Sliding oil sends British inflation to 12-year low

Last Updated: Tuesday, December 16, 2014, 17:56

The 12-month Consumer Price Index (CPI) dropped from a rate of 1.3 per cent in October, the Office for National Statistics said in a statement.

Bank of England holds rate as inflation risk remains

Last Updated: Thursday, December 4, 2014, 19:17

The central bank`s monetary policy committee (MPC) opted also on Thursday to maintain its cash stimulus, or quantitative easing, at £375 billion ($587 billion, 477 billion euros).

British economy prospects grim, says think-tank

Last Updated: Saturday, August 4, 2012, 13:25

The prospects for the British economy over the next six months are grim, and have worsened quickly this year, according to a report by a London economic think-tank.