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 up to £18.98. The City of London has seen a 3 percent increase to £171.25. This part of London is officially one of the UK’s best places to visit in 2025.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
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
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
BTC takes a bull breather as Trump's tariff threat bodes well for gold, and the uptick in Tokyo inflation supports BOJ rate hikes.
Manufacturers are rushing imports ahead of potential tariffs, fearing disruption to global trade and inflation.
By Amanda Cooper and Lawrence Delevingne LONDON/BOSTON (Reuters) -Wall Street shares were slightly higher on Thursday, as investors cheered earnings from Meta, but were disappointed by Microsoft,
Continuous gold futures on the New York Mercantile Exchange rose 1.7% to $2,839.70 a troy ounce in European evening trading, having reached as high as $2,853.20 earlier in the session. The prior record of $2,826.30 an ounce was set in late October.
By Chibuike Oguh and Harry Robertson NEW YORK/LONDON (Reuters) -The U.S. dollar dipped against major currencies on Thursday as markets weighed data showing slower-than-expected U.S. economic growth,
Thames Water – the largest water company in England – is raising bills by 31 per cent from 1 April. This will place the average bill at £639, rising by £151.